Hospitality Net

FEBRUARY 12, 2024

Hotel technology remains an investment priority this year, with a nod to solutions that help drive guest and employee loyalty.

Resorts 236

Resorts Operations Branding Management 236

Hospitality Net

FEBRUARY 12, 2024

Planning your holiday adventures according to your star sign, known as astrological travel, may seem a little quirky, but its popularity is growing by leaps and bounds.

Travel 198

Travel Hotels Branding 198

Hospitality Net

FEBRUARY 12, 2024

VoucherCart, a market-leading provider of Gift Card Technology and a member of Oracle PartnerNetwork (OPN), announced VoucherCart system is available on the Oracle Cloud Marketplace and can be integrated with Oracle OPERA Cloud Hospitality Platform via the Oracle Hospitality Integration Platform (OHIP).

Hospitality 193

Hospitality Market Marketing 193

Hospitality Net

FEBRUARY 12, 2024

Hotels are under a huge amount of pressure to digitally transform as a way to streamline operations and gain a competitive edge. Add renewed travel volumes, steep inflation, and persistent labor shortages to the mix, and hoteliers have every reason to experience elevated anxiety when it comes to their digital investments.

Operations 178

Operations Travel Hotels 178

Hospitality Net

FEBRUARY 12, 2024

The idea of evoking the atmosphere of a private residence lies at the core of architect Kengo Kuma’s latest hotel project, The Tokyo Edition Ginza – which he likens to a Japanese home, ‘warm, intimate and spiritual’.

Hotels 173

Hotels 173

Hospitality Net

FEBRUARY 12, 2024

Olivier Bertrand opens a fourth distinctive hotel, this one a tribute to graphic designer Norman Ives.

Hotels 225

Hotels 225

Hospitality Net

FEBRUARY 12, 2024

As hospitality businesses navigate a “new normal” in 2024, many of the top owners and operators have shifted focus from traditional annual budgeting to a more dynamic and responsive forecasting approach.

Forecasting 156

Forecasting Operations Hotels Business 156

Hospitality Net

FEBRUARY 12, 2024

As we find ourselves on the cusp of a technological renaissance within the hospitality realm, our dialogue has shifted from mere speculative fiction to formulating tangible strategies surrounding the integration of co-bots - these collaborative robots are engineered to augment the capabilities of our human staff, not to replace them.

Hospitality 144

Hospitality 144

Hospitality Net

FEBRUARY 12, 2024

A new era is dawning in the world of hospitality in Africa with the launch of Africa Hospitality Consultants ([link] Founded on the principle of excellence and innovation, this hospitality management consulting firm aims to redefine standards and elevate the industry to new heights.

Hospitality 159

Hospitality Hospitality Management Management Hotels 159

Hospitality Net

FEBRUARY 12, 2024

Reported net profit amounted to €128.1 NH Hotel Group, part of Minor Hotels, reported revenue of €2.16 billion in 2023, a growth of 23% from €1.76 billion recorded in 2022 and 26% more than the €1.72 billion generated in 2019. million, equating to 27.7% annual growth.

Revenue 156

Revenue Hotels 156

Hospitality Net

FEBRUARY 12, 2024

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the total hotel construction pipeline in the Asia Pacific excluding China (APEC) increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.

Pipeline 152

Pipeline Construction Closing Hotels 152

Hospitality Net

FEBRUARY 12, 2024

year-over-year decrease in hotel demand and a 0.8% increase in supply led to a 2.5% drop in occupancy in Q4 2023. Occupancy declines were partially offset by a 0.7% increase in average daily rates (ADR), resulting in a 1.9% decrease in revenue per available room (RevPAR) during the quarter.

Average Daily Rate 152

Average Daily Rate Occupancy Revenue Hotels 152

Hospitality Net

FEBRUARY 12, 2024

Tripadvisor has been a dominant player in the travel review industry for nearly two decades, boasting over one billion reviews on its platform. However, its relevance is being questioned with the rise of Google Maps, offering similar services.

Travel 151

Travel Market Marketing Services 151

Hospitality Net

FEBRUARY 12, 2024

In May 2022, Marriott International launched the Marriott Media Network, aiming to leverage its extensive customer data to offer targeted advertising opportunities to non-hotel marketers. This initiative would allow ads on various Marriott platforms, including its website, app, guest marketing messages, in-room TVs, and lobby digital screens.

Hotel Marketing 142

Hotel Marketing Market Marketing Hotels 142

Hospitality Net

FEBRUARY 12, 2024

The Hospitality Sales and Marketing Association International (HSMAI) Foundation is proud to announce the members of its 2024 Board of Directors and Executive Committee, led by new chair, Lori Kiel, who begins a two year term.

Sales 141

Sales Revenue Market Marketing 141

Hospitality Net

FEBRUARY 12, 2024

The newest episode of a podcast hosted by Entrepreneurship at Cornell, Startup Cornell, features Harman Singh Narula ‘09, co-founder and CEO of Canary Technologies, a hotel technology company. Canary provides a host of guest-facing operations technologies to thousands of hotels across the globe.

Hospitality 131

Hospitality Operations Hotels 131

Hospitality Net

FEBRUARY 12, 2024

Attracting talent to commercial fields in hospitality requires robust industry-academic collaboration and proactive industry partners.

Hospitality 148

Hospitality Business 148

Hospitality Net

FEBRUARY 12, 2024

The rate of growth in occupancy, average daily rate (“ADR”) and revenue per available room (“RevPAR”), while strong, continued to decelerate as the market moves on a path towards stabilization. 2023 RevPAR experienced a year-over-year increase of 16.5 percent, with Q3 seeing an increase of 13.6 percent and Q4 being up 11.5 percent.

Average Daily Rate 113

Average Daily Rate Occupancy Revenue Market 113