Hotel Business

NOVEMBER 16, 2023

hotel operators faced stiff headwinds to demand and pricing power over the summer due to the number of Americans who elected to vacation overseas, go on cruises or stay in short-term rentals or other alternative forms of lodging,” said Rachael Rothman, head of hotel research & data analytics, CBRE. CBRE’s baseline forecast anticipates 0.8%

Forecasting 110

Forecasting Occupancy Scale Consumer 110

Hotel Business

APRIL 15, 2024

Despite solid wage growth, declining airfares and improving consumer sentiment, RevPAR growth declined for the third straight month in Feb. While consumers have the means to travel, dwindling COVID savings and below-average savings rates could be a headwind going forward. The number and size of CMBS loans increased in February.

Occupancy 59

Occupancy Consumer Forecasting Market Share 59

Hotel Business

SEPTEMBER 19, 2023

Marriott properties will have the ability to choose the charging hardware deployed on the open platform, allowing them to scale EV charging needs for the unique needs of individual locations. ” The post Marriott partners with EV Connect appeared first on hotelbusiness.com.

Scale 69

Scale Consumer Services Operations 69

Hotelier Magazine

SEPTEMBER 22, 2023

Marriott properties will have the ability to choose the charging hardware deployed on the open platform, allowing them to scale EV charging needs for the unique needs of individual locations. ” The post EV Connect Selected for Marriott Hotels across Canada and the U.S. appeared first on Hotelier Magazine.

Scale 52

Scale Services Consumer Hotels 52

Boutique Hotel News

NOVEMBER 3, 2022

Way co-founder and CEO, Michael Stocker, said: “Across the globe, consumer demand has shifted from material goods toward immersive, memorable experiences. Matthias Berahya-Lazarus will serve as manning director for France; Riley Graham as VP of strategy and operations; and Jacquelyn DeBonville Styles as head of customer success.

Branding 52

Branding Consumer Retail Closing 52

Hotel Business

FEBRUARY 22, 2023

While at Greylock, he worked with and led investments in several early-stage consumer marketplaces. Dalton is responsible for strategy development and operational planning and execution. He joins Tripadvisor after having served in key product roles, most recently at Airbnb and Houzz.

Consumer 52

Consumer Scale Travel Business 52

Hotel Business

JANUARY 18, 2024

Moderated by Glenn Haussman, founder/host, No Vacancy Live podcast, the panelists included Jeff Porterfield, SVP, client services/chief customer officer, Entegra; Natasha Scott, VP, operations performance and strategy, IHG Hotels & Resorts; Bryan P. Scott kicked it off with some opportunities she’s seeing for 2024 and for guests.

Occupancy 59

Occupancy Operations Services Scale 59

Hotel Business

JULY 10, 2023

Bukkapatnam has more than 25 years of experience in technology consulting, retail, consumer products, manufacturing, media and supply chain. Under his leadership, Nike successfully migrated to a cloud global enterprise resource planning application to allow for scale, performance and operational efficiencies.

Retail 52

Retail Scale Consumer Travel 52

eZee Absolute

DECEMBER 14, 2023

Table of Content The Anatomy of the Hospitality Supply Chain Sourcing and Procurement Logistics and Operations Guest Experience The Impact on Hotels Massive Footprint or Force of Good? Logistics and Operations Once sourced, the logistical work commences. Effective inventory management is another crucial aspect.

Hospitality 59

Hospitality Consumer Management Operations 59

Boutique Hotel News

JANUARY 18, 2023

Worldwide: Lifestyle and hospitality operator and development firm Sortis Holdings has agreed to acquire the Ace Group International and its management company Atelier Ace for $85 million. The all-cash transaction is expected to complete at the end of Q1 2023, subject to closing conditions.

Scale 52

Scale Shopping Branding Consumer 52

Hotel Management

OCTOBER 3, 2023

The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands. This has, in turn, created enormous opportunity for hotel conversion.

Scale 130

Scale Construction Average Daily Rate Hotels 130

Little Hotelier

MARCH 10, 2024

Learn more Little Hotelier Little Hotelier is a management software crafted specifically for small-scale hotels, providing a comprehensive suite of tools to simplify daily operations and featuring a range of third-party integrations to enhance functionality.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Hotel Speak

MAY 25, 2023

Over the past years, we’ve seen dramatic shifts in the way the hospitality industry operates. Be it that your company offers the cheapest weekly rate hotels or large-scale exclusive operations, these changes are not random; they are reflective of larger global trends and shifts in consumer behavior, technology, and sustainability.

Travel 98

Travel Hospitality Operations Services 98

Intelity

SEPTEMBER 26, 2023

On the operations side, cloud-based software eliminates the need for on-site servers, so casting can use scaled traffic management to minimize bandwidth requirements on your property. Consume Content Digitally Another form of entertainment becoming obsolete in hotels alongside cable subscriptions and AM/FM radios? Newspapers.

Dining 81

Dining Hotels Scale Shopping 81

Hotelogix

FEBRUARY 1, 2024

However, these quaint establishments often face towering challenges behind the scenes, particularly when managing and streamlining their daily operations. For small hotels operating on tight budgets, these expenses can be prohibitive. Frustration, operational hiccups, and even missed growth opportunities. So what do they do? 

Management 52

Management Operations Hotels Online Sales 52

Cloudbeds

APRIL 24, 2023

The world is going digital, making it easier for consumers to book travel and make payments. At the same time, however, it has increased the exposure of lodging operators to a growing problem: credit card fraud. To combat fraud and protect their business, lodging operators must take proactive measures to safeguard credit card data.

Hotels 98

Hotels Cancellation Operations Consumer 98

Hotelier Magazine

OCTOBER 10, 2023

Carter and Nguyen shared their analysis, projections, and recommendations to make strategic planning decisions and considerations for foodservice and hotel operators going forward. ​“As Secondly, we need to be working smarter, more strategically, really understanding your marketplace and understanding your consumer in detail.

Hospitality 59

Hospitality Consumer Motels Revenue 59

Cloudbeds

APRIL 24, 2023

The world is going digital, making it easier for consumers to book travel and make payments. At the same time, however, it has increased the exposure of lodging operators to a growing problem: credit card fraud. To combat fraud and protect their business, lodging operators must take proactive measures to safeguard credit card data.

Hotels 92

Hotels Cancellation Operations Consumer 92

Hotel Business

JULY 25, 2023

Each year seems to bring higher guest standards for what counts as an acceptable WiFi experience, and hotel operators are increasingly bringing new services and systems online—stretching network capacity limits even further. Marc Vaughn is SVP, operations and business development at Cloud5 Communications.

Services 52

Services Operations Scale Consumer 52

Catala Consulting

DECEMBER 28, 2023

In the hospitality industry, hoteliers are constantly seeking innovative strategies to enhance guest satisfaction, optimize operations, and boost revenue. In recent years, the hospitality industry has seen rapid changes in guest expectations, largely driven by technological advancements and changing consumer values.

Management 52

Management Revenue Management Revenue Hotels 52

Hotel Business

APRIL 19, 2023

The new technology creates a space where someone can consume engaging travel content and book experiences in the same place at the same time, effectively ‘shopping the series.’ The return on investment for inspirational travel content has been historically hard to measure for those operating in the travel and advertising industries.

Shopping 52

Shopping Tourism Travel Branding 52

Hotel Speak

APRIL 12, 2023

The US-based hotel owner/operator Tishman has a track record for developing and managing premier large-scale hospitality assets in major markets. As an owner/operator, financial performance and asset value are top priorities.

Revenue Management 52

Revenue Management Revenue Real Estate Hotels 52

Hotel Operations

APRIL 2, 2023

By Eleanor Erickson Culture Coach and Former General Manager, Hampton Inn by Hilton Eleanor is a hospitality professional with over two decades of experience in hotel operations and development. It doesn’t have to be very time-consuming. There is strength and power in 80% of hotels being franchised operations. Learn more here.

General Manager 59

General Manager Scale Management Branding 59

Hotel Business

JANUARY 24, 2023

She spent the last 18 years as chief marketing officer of Best Western, where she directed all marketing and commercial strategies, overseeing the brand’s loyalty program, digital transformation, advertising, public relations, e-commerce and consumer and distribution partnerships, and hotelier support marketing including regional coop marketing.

Market 52

Market Marketing B2B Marketing Strategy 52

BCV

JUNE 14, 2022

I’m confident in stating that most travel consumers will not know what metasearch is. Big brands and OTA’s with large-scale budgets try to dominate search. Metasearch: Similar to SEM in that it is pay to play, metasearch operates on an auction model, and typically shows up underneath the Local Pack (Map, Property Name, etc.)

Consumer 52

Consumer ROI KPI OTA 52

Boutique Hotel News

DECEMBER 20, 2022

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

Travel Hotels Branding Real Estate 124

eZee Absolute

OCTOBER 11, 2023

Challenges Operating in a traditional manner, Sidus Galaxy Resort & Spa confronted several hurdles that hindered its growth. This not only made day-to-day operations more complex and time-consuming but also limited the resort’s ability to scale its business effectively.

Resorts 52

Resorts Management Yield Management Sales 52

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. A pricing optimization tool operates by analyzing the data inputs it receives. And if you do it all manually, it is.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Hotel Designs

AUGUST 29, 2023

During each guest journey, the visitor will have touchpoints with a vast number of different technologies, and these systems are constantly evolving with new features and solutions emerging in the market, catering for the demands of existing consumers as well as for a younger generation of travellers coming through.

Hospitality 98

Hospitality Operations Travel Hotels 98

Intelity

AUGUST 8, 2023

Today’s consumers are used to being catered to and thanks to technology, they can have nearly anything they want — from a three-course dinner from their favorite restaurant to a package of paper towels from Amazon — delivered right to their doorstep within minutes with just a few taps of their mobile device.

Dining 52

Dining Scale Services Consumer 52

Catala Consulting

NOVEMBER 18, 2023

This approach is not only about earning more but also about spending wisely, optimizing operations, and innovating services to enhance the overall financial performance of the hotel. It involves scrutinizing operational costs like energy, supplies, and labor to find savings. One critical area is cost optimization.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

MediaBoom

JUNE 16, 2023

In today’s world, artificial intelligence (AI) is revolutionizing the way we advertise to consumers. In advertising, Artificial Intelligence (AI) is used to analyze data and make predictions about consumer behavior, optimize ad targeting and delivery, and personalize ad content for individual users.

Consumer 82

Consumer Market Marketing ROI 82

SiteMinder

FEBRUARY 14, 2024

Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. What are tourism trends? Table of contents Why keep up with new trends in tourism?

Tourism 59

Tourism Market Marketing Travel 59

Boutique Hotel News

DECEMBER 19, 2022

As the home leisure market continues to evolve to compete with the best of global hospitality and as consumers become ever more demanding, the financing will help Beach Retreats deliver a high quality development to complement the Cornish coastline.”. The property, which has direct access to the beach, will be operated by Beach Retreats.

Pipeline 52

Pipeline Hotels Resorts Branding 52

Inn Quest

AUGUST 3, 2023

A hotel’s operations can be measured in part by how satisfied its guests are. Without happy consumers, hotel owners will spend five to twenty-five times more money bringing in new business. Recurring visitors are a terrific sign of a happy consumer.

Hospitality 87

Hospitality Average Length of Stay Services Business 87

Hotelier Magazine

SEPTEMBER 12, 2023

“Guests are looking for simplistic ways to arrive at hotels, but that process can look different depending on how a hotel operates.” At Fantasyland Hotel, our goal is to create a fun guest experience for more than just the weekend,” says Jay Vashi, director of Operations at Fantasyland Hotel in a release. “We

Hospitality 52

Hospitality Resorts Operations Scale 52

Hotel Management

MAY 10, 2023

Pohl went on to say that mid-scale, extended stay brand “Home” has proven popular with Americans and that the emerging Gen Z market was pushing new development in brands like Aiden (part of BWH). The operators returned for Part 2 of their outlook assessment with JLL’s Xander Nijnens stepping in for his CEO to moderate the panel.

Market 130

Market Marketing Branding Events 130