Amadeus Hospitality

DECEMBER 21, 2023

Large-scale sporting events such as France’s Rugby World Cup substantially impacted hotel occupancies. Throughout it all, we’ve kept pace with the evolutions of an industry where hotel occupancies outperformed 2022 , group business in the top 25 U.S. markets has already recovered by 99.1% markets has already recovered by 99.1%

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

Amadeus Hospitality

DECEMBER 14, 2022

Similarly, Amadeus’ Agency360 data demonstrates that hotel room nights booked on global distribution systems (GDSs) for corporate travel have also increased during 2022 and are rapidly closing in on pre-pandemic rates. This welcome resurgence of travel should not just be looked at in isolation.

Global Distribution System 52

Global Distribution System Scale Travel Business 52

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In In 2022, we saw demand return strongly in most of our markets, pushing group RevPAR back close to 2019 levels and fee margin ahead,” said Keith Barr, IHG Hotels & Resorts. for full-year 2022 vs. 2019. YOY Fee margin of 56.2%, +6.6%

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Catala Consulting

DECEMBER 28, 2023

Just as scientists hypothesize and experiment to understand phenomena, hoteliers can implement similar methodologies to test new ideas, services, or processes on a small scale before full implementation. Catala Consulting works closely with hoteliers to develop and implement customized strategies that meet their specific needs and goals.

Management 52

Management Revenue Management Revenue Hotels 52

eZee Absolute

DECEMBER 7, 2023

I was wondering how come they have not been able to scale. But if you look closely, s/he spends most of their time working with only one property i.e. your hotel. 100% occupancy rate and better revenue. In 2019, I was in Matheran. I booked a nice hotel. Let me explain this to you with a scenario. What does a hotel want?

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

SiteMinder

MAY 18, 2022

It’s a full scale business that keeps Markus busy, however he still relishes the chance to get away from the desk, keeping an adventurous spirit and a passion for travel alive. “I Being so close to the Austrian Alps, that’s a natural choice,” he said. In addition, more occupancy does not necessarily result in more revenue.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

Hotel Management

MAY 10, 2023

The Asia-Pacific Hotel Industry Conference and Exhibition (AHICE) drew close to 1500 delegates to Adelaide last week for insightful keynote presentations, evocative panel discussions and invaluable networking opportunities. Recap on AHICE Day 1 here. Marriott’s Sean Hunt lamented the absence of a strong MICE sector.

Market 130

Market Marketing Branding Events 130

SiteMinder

JANUARY 8, 2024

Placing yourself on a scale of personal growth is especially important for a hotel manager. A core aspect of hotel management includes managing your room inventory and reaching desired occupancy rates; however, you could also be ensuring that everything is in order for your guests or organising staff and cleaning schedules. work hours.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Placing yourself on a scale of personal growth is especially important for a hotel manager. A core aspect of hotel management includes managing your room inventory and reaching desired occupancy rates; however, you could also be ensuring that everything is in order for your guests or organising staff and cleaning schedules. work hours.

Operations 52

Operations Management OTA Hotels 52

Little Hotelier

AUGUST 29, 2023

Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. The minute you close your guest’s door after showing them their room, you can almost guarantee they will be jumping on the bed to test it out. Your occupancy rates? Your direct bookings?

ROI 98

ROI Average Length of Stay Hotels Revenue 98

Boutique Hotel News

DECEMBER 20, 2022

According to Matterport , JLL was able to transact 85 per cent faster using digital twin technology, and hospitality properties with a digital twin can increase occupancy by 14 per cent. Armchair travel” – coined at a time when international borders closed during the pandemic – has amplified the role of video content.

Travel 124

Travel Hotels Branding Real Estate 124

Boutique Hotel News

JUNE 29, 2023

So far, QHotels has installed EV charging points, reduced single-use plastics, replaced lighting with low energy solutions, and has closed sections of hotels when occupancy allows to monitor and limit consumption. The group is also a member of The Green Tourism Scheme.

Scale 52

Scale Occupancy Resorts Tourism 52

SiteMinder

AUGUST 29, 2023

By keeping a close eye on each of these expense categories and understanding their impact on the overall budget, hoteliers can make informed decisions, ensuring both guest satisfaction and financial health. Think about introducing occupancy sensitive cooling and heating systems that adapt to when people are present in the room.

Revenue 52

Revenue Hotels OTA Operations 52

Travel Media Group

MAY 15, 2024

Get the latest news, updates, and information on the hotel industry in this series, and find out what efforts the AHLA is getting involved in to impact hoteliers and hospitality at scale. Uh, we’ve had a long standing, uh, very close working relationship, uh, with the team there. Kevin Carey : I’d be happy to.

Events 74

Events Hospitality Digital Marketing Scale 74

MediaBoom

MARCH 14, 2024

Your hotel’s digital reputation is something that should be managed closely because it directly affects how people look at your brand, both online and offline. By tracking demand trends, booking patterns, and competitor pricing, hotels can adjust their rates dynamically to maximize occupancy and revenue.

Digital Marketing 64

Digital Marketing Services Market Marketing 64

Boutique Hotel News

JANUARY 27, 2023

The recent winter months have seen many businesses temporarily or permanently close – a fateful combination of rising costs, the unavailability of workers, and low consumer spending. As we edge into spring and eventually the high season, greater effort to attract and retain staff will be paramount if businesses are to be protected.

Real Estate 52

Real Estate Hospitality Accommodation Consumer 52

Hotelier Magazine

MARCH 11, 2024

We’re at, or close to, 2019 levels in all of the key indicators. Occupancy rates have returned to pre-pandemic levels with ships largely at 95 per cent occupancy. Of course, we’ll be working closely with our airline and airport partners on this ― both here in Canada and around the world. million overnight visitors.

Tourism 52

Tourism Business Market Marketing 52

Travel Media Group

APRIL 24, 2024

Where we got to the closest thing to zero occupancy is we could get, but there was still a demand for that type of, uh, stay for that type of experience. There’s so much space below for, you know, lower rated travel in a different chain scale. We are very close to our owner community. And I think that says a lot.

Hospitality 70

Hospitality Branding Travel Digital Marketing 70

Cloudbeds

MARCH 15, 2023

A direct booking strategy is a powerful force in reducing customer acquisition costs , increasing occupancy, and improving profitability by building greater brand loyalty and giving you direct access to guests. These types of promotions are great for when you need to fill occupancy fast and should not be used all the time.

OTA 98

OTA Revenue Hotels Travel 98

Hotel Business

NOVEMBER 7, 2022

The company closed the acquisition of Radisson Hospitality Inc. The WoodSpring Suites brand achieved Q3 RevPAR growth of 27.5%, compared to the same period of 2019, driven by occupancy levels of 81% and a 22% increase in ADR. Domestic RevPAR growth has surpassed 2019 levels for 16 consecutive months through Sept. As of Sept.

Pipeline 52

Pipeline Revenue Branding Scale 52

Travel Media Group

JULY 19, 2023

We are also working to really focus on demand generation and capturing demand and occupancy as it sort of stabilizes and resets to a degree. So for example, you know, we may have some hotels that summertime is their peak travel time and it’s their peak occupancy months. That was a huge initiative for us back in April.

Hospitality 73

Hospitality Market Marketing Business 73

Xotels

AUGUST 9, 2021

Helping our partners manage cancellation risk motivated us to prioritize and scale up the “Pay-per Stay” program and accelerate it.” Thanks to this update, accommodation providers can appear on Google Ads even without bidding on the platform. On top of that, Google is constantly beta-testing new features for GHA.

Hotels 52

Hotels Market Share OTA Cancellation 52

Travel Media Group

OCTOBER 26, 2022

Which is, again, a, a historic asset, a flagship for Omni Hotels, substantial size, scope, scale, and again, had wonderful experience of leading that team for a number of years. I think that those days that we really dreaded looking at our occupancy report, right? We, we, we have no interest in giving it back.

Hospitality 52

Hospitality Market Marketing Operations 52

Travel Media Group

NOVEMBER 29, 2023

You know, during the pandemic because of economic conditions, you know, when you get down to 15% occupancy, you just can’t hold onto employees or you might actually lose your business. Here’s where you are on the scale, and here’s the things that you can do to get better on the scale. And that set us back.

Events 79

Events Digital Marketing Business Hospitality 79

Social Tables

DECEMBER 27, 2018

While any ballroom can be set up as a networking area, the closed-off nature can feel more stifling and less natural, making interaction feel less organic. Your unique and thorough understanding of the property is bound to surface viable ideas that paint you as a valuable partner in navigating the complexities of such a large-scale event.

Events 167

Events Business Scale Consumer 167

Hotel Operations

MARCH 15, 2023

We’re not just looking at past occupancy rates, but can bring in customer segments and property types and weather and plane schedules – a wide range of external or causal factors. AI for training and coaching is a great example of using technology to empower better human interaction at scale.

Hospitality 59

Hospitality Hotels Operations Revenue 59

Travel Media Group

NOVEMBER 16, 2022

We were the first company to bring complete global GDS, OTA, global distribution, central reservation services on a wide scale, two small independence. You built a bank of business that would cover about half your occupancy. And we generally think that you should go for a level of 50% of your projected occupancy is contract.

Hospitality 52

Hospitality Market Marketing Travel 52