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Hilton Snaps Up Graduate Hotels in $210 Million Deal: Consolidation Heats Up in Mid-Scale Market

Hotel Speak

Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. The deal is expected to close in the second quarter of 2024, subject to regulatory approvals. This news comes amidst a larger trend of consolidation within the hotel industry.

Scale 89
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Key appointments: Marriott, Hilton, Pro-invest and more

Hotel Management

Krister will also work closely with leaders across Marriott’s Australian hotels to drive Marriott’s legacy in luxury. Neerav Gorasia Pro-invest Group is also scaling up its Revenue Centre capabilities to support all 32 Pro-invest Group and Vista Hospitality Group hotels and restaurants, through sales, marketing, and revenue management.

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Sales and Marketing Are Not Merging

Anthony Iannarino

Marketing promotes the business, helps position offerings, and advertises. Marketing creates awareness and helps leverage what makes your company different, something it can achieve at scale and a distance. Get my 2nd book: The Lost Art of Closing. "In What Salespeople Do. Success in sales in individual.

Sales 101
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27 – How to Market Your B&B

Travel Media Group

Ryan and Anne give tips on how to modernize your B&B’s marketing strategy and optimize your property’s presence online. They share several examples of how to leverage websites, social media, and online reputation in order to gain market share and grow online revenue. I am your host, Ryan Embree. Anne Sandoval: Yeah.

Market 52
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Wyndham board rejects Choice’s exchange offer

Hotel Business

provider of hotel franchise services in the chainscales that serve middle-income guests—economy and midscale—with more than 55% market share in each, resulting in significant uncertainty as to whether the FTC or courts would ever clear the transaction. multiple increase could translate into as much as $8 per share of additional value.

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Building customer relevance to grow market share

Boutique Hotel News

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. The post Building customer relevance to grow market share appeared first on Boutique Hotel News. As a result, properties face the challenge of a dapt ing their strategies to match these changing behaviours.

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What is a distribution strategy? The 2024 guide

Hotel Speak

In 2022, global spend on distribution services reached over $2 trillion , highlighting the massive scale and importance of optimizing distribution operations. Expanded market reach & revenue growth: Unique distribution strategies help businesses access new geographical territories, demographics, and partnerships.