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Hotels can take a page from retail to beat the competition

Hotel Business

Where the retail sector could reinvent itself as “digital-first” through new services like eCommerce, curbside pickup or repurposing physical stores as socially distanced distribution centers, the travel sector, by its nature, relies on physical footfall. Consumers are also becoming more informed and empowered. By James Brooke.

Retail 59
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Deloitte: 2024 travel outlook sees continued resilience

Hotel Business

The travel industry remains resilient even amid economic uncertainty, as consumers continue to prioritize experiences and leverage flexible work arrangements. This is according to Deloitte’s 2024 Travel Outlook , which examines what is driving continued travel intent. Travelers aren’t just looking to get there: they want to do things.

Travel 64
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JLL: Global hotel investment volume to accelerate in ’24

Hotel Business

Cities that focus on intentional tourism and leverage technology will garner long-term investor interest, with foreign capital likely to be the most acquisitive in 2024. Hotels are integrating into various aspects of consumerism by selling retail products online, creating new revenue streams and fostering customer loyalty.

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22 Tailored Digital Marketing Strategies for Luxury Brands

MediaBoom

A recent Statista report forecasts that by 2025, over ten percent of all retail sales in the United States will stem from mobile commerce, underscoring the critical need for luxury brands to innovate their digital marketing strategies. Studies by Bain & Company show that 70% of luxury consumers research online before making a purchase.

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30 Exquisite Luxury Ads to Ignite Your Creative Spark

MediaBoom

Luxury ads encompass promotional efforts specifically tailored to market high-end products and services to affluent consumers. 75 Years of Ferrari In commemorating Ferrari’s remarkable 75-year journey of unwavering innovation, passion, and craftsmanship, the Maranello-based carmaker delivered a resounding statement of intent.

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2023 hotel and travel trends

Boutique Hotel News

With inflation on the rise globally, consumers are likely to be more mindful when it comes to spending their money. This means that during periods of high consumer price growth, hotels have been able to raise room rates and pass on these rising costs to guests. Hotel e-tail. per cent on average above inflation per year.

Travel 124
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How Coast Hotels Designed and Launched its Guest Feedback Management Program

Hotel Operations

Our intention is to provide ‘Refreshingly Local’ experiences.” Without Shiji ReviewPro, monitoring and managing guest feedback was extremely time-consuming and inefficient for our operators and our corporate brand strategy team.” “We want to be in a niche that big brand boxes can’t provide, that Airbnb can’t provide.