Hotelier Magazine

AUGUST 29, 2023

In addition to the monthly ADR and RevPAR levels, Canada’s occupancy level was its highest since August 2022. For July 2023 (percentage change from July 2022) occupancy rose 0.1 Among the provinces and territories, Newfoundland and Labrador recorded the highest July occupancy level (87.9 per cent to 75.6 per cent to $232.13.

Average Daily Rate 52

Average Daily Rate Occupancy Forecasting Hotels 52

eZee Absolute

OCTOBER 16, 2023

This not only made day-to-day operations more complicated and time-consuming but also restricted the resort’s capacity to expand its business. Situated in the bustling tourism hub of Goa, the competition was fierce year-round. The main thing missing was a comprehensive hotel PMS.

Resorts 52

Resorts Tourism Fair Share Operations 52

Hotel Business

MARCH 1, 2024

Americas hotel performance also remains above 2019 levels, but RevPAR has begun to stabilize amid declining consumer travel spending. Intraregional tourism within Asia-Pacific surged through 2023, resulting in RevPAR reaching a 94% recovery relative to 2019.

Real Estate 64

Real Estate Hotels Travel Branding 64

Cloudbeds

APRIL 30, 2024

A brief history of room price optimization Given the multitude of factors to consider and the analysis required, establishing accurate real-time room prices for your property may seem complex and time-consuming. Prices change dynamically (hence the name) using real-time data to maximize your revenue and occupancy rates. Competition.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Hotelier Magazine

MARCH 11, 2024

Marsha Walden: Our latest Tourism Outlook report shows total tourism revenue is set to exceed 2019 levels, generating a projected $109.5 Marsha Walden: Our latest Tourism Outlook report shows total tourism revenue is set to exceed 2019 levels, generating a projected $109.5 billion by the end of 2023.

Tourism 52

Tourism Business Market Marketing 52

Amadeus Hospitality

JUNE 20, 2023

With continued demand for leisure travel and the reopening of China to tourism after several years, global hotel occupancy is on the upswing in 2023, with many markets surpassing pre-pandemic occupancy levels according to Amadeus Demand360 ® data.

Hospitality 52

Hospitality Travel Occupancy Revenue 52

SiteMinder

FEBRUARY 25, 2024

Sifling through endless news to find the valuable stuff can be a time-consuming pursuit, however. decrease in occupancy during December. In other news: By 2030, China will be the largest outbound tourism group with 126 million trips. of US tourism spend in 2022. In other news: Hotels in London experienced a 4.2%

Hospitality 52

Hospitality Cancellation OTA Tourism 52

Inn Quest

MARCH 23, 2023

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 The result was increased occupancy, which continued throughout the year and along with an increase in average daily rates.

Forecasting 52

Forecasting Tourism Average Daily Rate Hotels 52

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services. For example, drinks or spa packages.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services. For example, drinks or spa packages.

Operations 52

Operations Management OTA Hotels 52

Hotel Speak

FEBRUARY 9, 2024

Amadeus has also released a report revealing that the global hotel occupancy rate was 10% higher in August 2023 compared to the same period in 2022. The global virtual tourism market is projected to expand to over $847 billion by 2028. Users can explore the scenic beauty of this distant location online.

Hospitality 55

Hospitality Travel Services Tourism 55

Hotel Management

MAY 10, 2023

Howard ruled off the discussion with an insight into payment options, noting that from a recent European summit, it was revealed that 75% of consumers will not buy if their preferred payment method is not available and the rise of instalment options such as Afterpay, underscoring the need to expand payment mechanisms into the marketing mix.

Market 130

Market Marketing Branding Events 130

Xotels

JULY 5, 2022

Continuously Changing Consumer Demands and Markets. Summer 2022 has seen tourism soar once more, as wanderlust returns to holidaymakers and travellers eager to make up for lost time during the pandemic-induced periods of lockdown and travel restrictions. Continuously Changing Consumer Demands & Markets. Tech stack.

Hotels 52

Hotels Hiring Business Market 52

Boutique Hotel News

JANUARY 27, 2023

Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Governments have set targets, and consumer behaviour is changing, albeit slowly and hampered by the cost of living crisis. ” P S.

Real Estate 52

Real Estate Hospitality Accommodation Consumer 52

STAAH

MAY 14, 2024

As the hospitality industry continues to evolve in response to shifting consumer preferences and technological advancements, hotels are redefining their approach to revenue generation. Let’s explore 7 trending new revenue streams that can boost your hotel’s profitability.

Revenue 91

Revenue Dining Hotels Consumer 91

SiteMinder

OCTOBER 10, 2022

The typical hotel room size in any given area can offer a great deal of insight into market trends as well as consumer demand. For example, as younger consumers begin to prioritise experience over hotel room dimensions, the average size gets smaller. Table of contents. Average hotel room size. Europe – HotelStarts Union.

Motels 52

Motels Hotels Services Travel 52

MediaBoom

MARCH 14, 2024

A staggering 75% of consumers admit to judging a business’s credibility based on its website design. By tracking demand trends, booking patterns, and competitor pricing, hotels can adjust their rates dynamically to maximize occupancy and revenue. Here’s how video marketing can be a game-changer for hotels in the digital age.

Digital Marketing 64

Digital Marketing Services Market Marketing 64

Hotel Management

OCTOBER 3, 2023

The market’s continued strong performance and sector confidence in the underlying dynamics of the tourism industry outlook are important to sustain valuations, which is the single most important stimulator (or inhibitor) of growth in new supply.

Scale 130

Scale Construction Average Daily Rate Hotels 130

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. Hotels can bid on metasearch advertising placements and pay when consumers click on the ad.

OTA 98

OTA Revenue Hotels Travel 98

Cloudbeds

MARCH 23, 2023

These days, more consumers are going online to make purchases, and travel is no exception. Popular eCommerce platforms like Amazon and Uber have raised the bar, conditioning consumers to expect shopping online to be simple, fast, and secure. Moreover, a hotel room can’t be returned if it doesn’t meet expectations.

OTA 98

OTA Digital Marketing Travel Hotels 98

Travel Media Group

OCTOBER 12, 2022

These two discuss everything from the origin story of Coakley & Williams, navigating the new landscape of the hospitality industry, and what is on the horizon for travel and tourism. I think people are now looking back to pre pandemic before occupancy really started going up in the mid 2010s, and we are enjoying that high occupancy.

Hospitality 52

Hospitality Business Travel Digital Marketing 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. One, to share those best practices, but also to communicate to consumers that, hey, if you’re going to a hotel, doesn’t matter.

Events 79

Events Digital Marketing Business Hospitality 79