Remove Consumer Remove Hotel Sales Remove Market
article thumbnail

JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

Released during this weeks Americas Lodging Investment Summit (ALIS) in Los Angeles, California, the report highlights the industry’s resilience and potential for growth as it adapts to evolving travel patterns and consumer preferences. Through November 2024, global hotel demand reached a staggering 4.8

article thumbnail

Elevate Your Hotel Prospecting Game with Strategic Emails

Amadeus Hospitality

In the competitive world of hotel sales, effective communication can make or break a deal. Yet, before any sale can be made, there’s the daunting task of prospecting. Surprisingly, over 40% of sales professionals find this initial step the most challenging in the sales journey.

Sales 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel commercial strategy: Solutions and optimisation guide

SiteMinder

What is a hotel commercial strategy? A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenue management and distribution efforts to maximise total hotel revenue. It aims to drive profitability and improve competitiveness in the market for a hotel business.

Hotels 52
article thumbnail

Westgate Resorts updates executive team

Hotel Business

Jared Saft , an 18-year veteran of Westgate, has been promoted to chief business & strategy officer and will continue to lead marketing, hotel sales, product development and owner services, while also overseeing the company’s long-term growth strategy.

Resorts 64
article thumbnail

JLL: 15% to 25% rise in 2025 hotel investment volume

Hotel Business

JLL’s Hotels & Hospitality Group has released its annual Global Hotel Investment Outlook , forecasting a 15% to 25% increase in global hotel investment volume compared to 2024. Through November, global hotel demand reached 4.8 Peek, president, Americas, JLL Hotels & Hospitality Group.

article thumbnail

Elevating Your Hotel Prospecting Game with Strategic Email Communication

Amadeus Hospitality

In the competitive world of hotel sales, effective communication can make or break a deal. Yet, before any sale can be made, there’s the daunting task of prospecting. Surprisingly, over 40% of sales professionals find this initial step the most challenging in the sales journey.

Sales 52
article thumbnail

The Star sells Sheraton Grand Mirage Resort to family consortium for $192 million

Hotel Management

The sale, which was negotiated by Colliers, McVay Real Estate and JLL, is subject to the buyer obtaining approval to the transfer of the liquor licence from the Queensland Office of Liquor and Gaming Regulation. Colliers’ Head of Hotel Transactions Karen Wales said the deal shows continued investor confidence in the Australian hotel market.

Resorts 264