Preno

JUNE 24, 2025

Joe Amati from Destination Canada emphasized tourism’s robust contribution to the national economy, forecasting annual growth of 5.42 Still, STR revised its 2025 RevPAR forecast downward from two per cent to just 0.7 Governors and mayors from both sides of the border are working hard to maintain co-operation,” she said.

Consumer

Xotels

JULY 11, 2025

With dynamic pricing and smarter forecasting , these properties can outperform the big chains, without a marketing army or loyalty program. When done right, it covers cancellations and no-shows without turning away actual guests. Even the best operators hit blind spots. Because a little optimisation goes a long way.

Revenue Management

Xotels

AUGUST 6, 2025

However, with trends ever evolving and Covid-19 impacting booking behaviour, it is important to take factors such as booking windows, cancellations trends, increasing room rates, and inflation into account. Hotels in vacation markets for many have been influenced (indoctrinated) by tour operators on how to manage their property.

Revenue

SiteMinder

JULY 13, 2025

For operators managing furnished apartments, aparthotels, or extended-stay inventory, this shift represents a significant revenue opportunity. Lower operational costs: Longer stays mean fewer room turnovers, reducing housekeeping, laundry, and maintenance expenses.

Revenue

Hospitality Tech

JUNE 5, 2025

By using predictive artificial intelligence, RaccoonRev Plus will generate daily rate recommendations up to 90 days in advance, factoring in signals like competitor rates, historical trends, pickup pace, weather forecasts, and lead-time behavior. AI will make hotel operations more efficient by removing the friction of traditional workflows.

Consumer

SiteMinder

JUNE 22, 2025

According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6 However, Ellison mentions that these fixed costs are usually the hardest things to shift, and properties who don’t evaluate these costs as they forecast demand are likely to struggle the most. “It’s

Revenue

Hospitality Tech

JUNE 10, 2025

Attendees can also preview powerful updates to the Front Desk and Sales & Catering systems, designed to boost operational speed, improve data visibility, and simplify complex workflows for staff.

Events

SiteMinder

DECEMBER 1, 2024

Invoicing is an unavoidable part of any business’s operations (not to mention the part that ensures you get paid), so you should work to make the process of invoicing as efficient and effective as possible. Why is streamlined hotel invoicing important?

Hotels

Hospitality Tech

JUNE 5, 2025

55% abandon purchases, 50% switch brands, and 39% cancel subscriptions when confronted with digital issues. These issues are not just operational annoyances; they have measurable business impact. AI will make hotel operations more efficient by removing the friction of traditional workflows. “RaccoonRev Plus changes that.

Travel

Hospitality Tech

JUNE 5, 2025

We’ll continue to collaborate with our customers to understand their needs for success and deliver the technology to make that possible.” Enseo has always placed emphasis on improving and simplifying operations while enhancing user experiences. These issues are not just operational annoyances; they have measurable business impact.

Consumer

Hospitality Tech

JUNE 10, 2025

6/10/2025 WorldVue to Announce WorldVue Compass at HITEC 2025 At HITEC 2025, WorldVue will unveil WorldVue Compass, a next-generation platform designed to transform the mobile guest experience through intelligent personalization, seamless integration, and operational efficiency. To learn more about Cvent IQ , visit the website here.

Events

Hospitality Tech

JUNE 10, 2025

Bottom Line: Carnival’s food waste playbook isn’t just for cruise ships—it’s a scalable, tech-forward model that hotel operators can adapt today. “Maestro’s impactful technology is helping independent hotel operators take greater control of their operations while enhancing both guest and staff experiences.

Hotels

Hospitality Tech

JUNE 10, 2025

6/10/2025 WorldVue to Announce WorldVue Compass at HITEC 2025 At HITEC 2025, WorldVue will unveil WorldVue Compass, a next-generation platform designed to transform the mobile guest experience through intelligent personalization, seamless integration, and operational efficiency.

Hiring

Anthony Iannarino

JULY 29, 2020

You may also be familiar with forecasted closing dates as “Hopeium.” Under the very best of circumstances, forecasting can still be incredibly difficult. However, some factors can help you dial in your sales forecast, moving you closer to what is true, even if you don’t like the truth your forecast reveals.

Forecasting

SiteMinder

NOVEMBER 22, 2023

What is a hotel cancellation policy? A hotel cancellation policy outlines the terms under which a guest can cancel their booking without incurring a penalty, as well as those scenarios where there will be a fee associated with a cancellation.

Cancellation

Inn Quest

APRIL 3, 2023

As the hospitality industry evolves after the pandemic, it’s more important than ever for hotels to streamline their day-to-day operations to improve efficiency, enhance the guest experience, and increase revenue. Here are some ways to streamline operational tasks for your hotel.

Operations

Little Hotelier

MARCH 25, 2024

What is hotel forecasting? Hotel forecasting, also known as hotel demand forecasting, is a strategy that sees a hotel analyse historical data and trends to make predictions about future demand. Hotel forecasting reports are built on a foundation of data. Small, independent hotels might form quite basic forecasts.

Forecasting

Hotelogix

JUNE 28, 2024

The Hotel cancellation policy allows guests to cancel reservations up to a specified time before check-in. After this period is crossed, hotels may apply a cancellation fee, a percentage of the booking amount, or the entire booking cost.   Why Should Hotels Have Clear Cancellation Policies?  

Cancellation

Hospitality Taskforce

DECEMBER 8, 2022

The last few years have been a rollercoaster for the hospitality industry with the pandemic putting the kibosh on trips to Kaui and canceling Caribbean getaways. The CBRE forecast predicts an increase in demand and revenue per available room (RevPAR) in 2023. In 2023, the cost is expected to increase by another 7%.

Forecasting

Hotelogix

JULY 18, 2024

Hotel forecasting, also known as hotel demand forecasting, is a strategic process that predicts future demand for hotel rooms and services based on historical data, market trends, and various influencing factors. What is Hotel Forecasting? Hotel financial forecasting helps hoteliers set targets by predicting fiscal outcomes.

Forecasting

Inn Quest

OCTOBER 17, 2023

Here’s a brief explanation of the reasons why hotel overbookings happen: Uncertain Cancellations: Hotels anticipate a certain percentage of reservations to be canceled. However, when guests don’t cancel as expected, it can lead to overbooking. Operational Challenges: Managing overbookings requires staff time and resources.

Overbooking

STAAH

NOVEMBER 28, 2023

From revenue management systems to channel management , booking engines and other technology stacks to automate operations, hoteliers are signing up to more technology than ever before. 6) Time to get rigid with cancellations Make packages a common offering as high cancellation rates start affecting forecasting and revenue.

Revenue

Hotel Speak

SEPTEMBER 26, 2024

One week everything seems to be going fantastically, and the next week we’re forecasting next to nothing for the following month. This short lead time makes it difficult for hoteliers to forecast demand. Good weather can lead to a sudden spike in bookings, while poor weather can result in cancellations and slower demand.

Market

Hotel Speak

DECEMBER 11, 2023

From revenue management systems to channel management , booking engines and other technology stacks to automate operations, hoteliers are signing up to more technology than ever before. 6) Time to get rigid with cancellations Make packages a common offering as high cancellation rates start affecting forecasting and revenue.

Revenue

SiteMinder

JUNE 12, 2024

Instead, they’re exploring sophisticated indicators like GOPPAR to gain a holistic view of their operations. This data-driven approach allows hoteliers to make informed decisions about pricing, promotions, and packages based on historical data, market trends, and forecasts. But the evolution doesn’t stop there.

Yield Management

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management

Social Tables

JANUARY 14, 2022

Many hospitality conferences and conventions were virtual or hybrid events , while others were forced to cancel altogether. Attendees of this hospitality conference will receive recaps of valuable data from 2021 as well as forecast reporting on key must-know hospitality trends. The Hotel Show. TTRA Annual International Conference.

Hospitality

SiteMinder

JULY 13, 2024

The most successful hoteliers are savvy operators who continually look for ways to learn and improve the way they do things, gaining an edge over the competition. Without it, your business is essentially forfeiting the ability to boost bookings, revenue and profit, offer competitive rates and promotions, and forecast effectively.

Revenue Management

SiteMinder

OCTOBER 8, 2024

is a slightly complicated one, because the business serves a wide range of customers, including hotels, chains, tour operators and travel agencies. But for hotels, Hotelbeds offers a way to increase the booking volumes by granting hotels access to B2B distribution channels , such as tour operators and travel agencies.

B2B

Cloudbeds

MAY 8, 2024

Searching for demand patterns for your property is like traveling to the past and then going to the future to forecast how to set up your hotel for success. Responding to last-minute changes Your booking performance includes last-minute cancellations, no-shows, and walk-ins, which can significantly impact hotel revenue and occupancy rates.

Cancellation

Hotel Business

SEPTEMBER 15, 2023

For an effective pricing strategy, you should look to determine your offerings, including: Variety of rates Discounts Your loyalty program offerings Upsell opportunities Slow periods are an excellent time to understand price fences such as advanced purchase, deposit or cancellation policies, as these can be flexed over time.

Revenue Management

Cloudbeds

OCTOBER 11, 2024

It’s the backbone of hotel operations, helping handle transactions, track income and expenses, maintain compliance, and analyze performance. Although it doesn’t capture financial transactions directly, it provides key metrics like revenue per available room (RevPAR), Average Daily Rate (ADR), and rate trend forecasts.

Forecasting

Hotelogix

SEPTEMBER 12, 2024

A Hotel Property Management System (Hotel PMS) is software that helps hotels efficiently organize, schedule, and manage their daily operations. Also known as hotel software, it functions as the nerve centre of hotel operations, facilitating a smooth flow of interdepartmental information. to make key business decisions.

Management

Catala Consulting

JULY 30, 2023

Improved Forecasting: Resort revenue management allows establishments to make accurate demand predictions. These forecasts are instrumental in strategic planning, enabling resorts to manage their resources effectively and maintain a consistent revenue stream all year round.

Revenue Management

Hotelogix

OCTOBER 24, 2024

But when integrated, they help a hotel in reducing costs, increasing operational efficiency, improving staff competence, and in serving guests better. It is a software application that helps you manage your daily operations. It automates and streamlines hotel operations across all the departments.

OTA

Hotelogix

DECEMBER 25, 2023

A Hotel Property Management System (Hotel PMS System) is a solution that streamlines and automates the daily operations of a hotel. Additionally, integrating a hotel PMS and revenue management system also helps drive revenue by automatically suggesting optimized room rates based on demand forecast, competition pricing, etc. 

Revenue

Hotelogix

NOVEMBER 12, 2023

So, in this case, it is highly advisable to adopt a smart cloud-based hotel property management system that would help with hundreds of accurate reports on every aspect of your hotel operations. You can also view the number of rooms that are marked as available, occupied, complementary, cancelled, no-show, day use, etc.

Management