Mon.Nov 11, 2024

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Ask Skift: What Are the Biggest Challenges For the Airline Industry?

Skift Blog

Skift Take: The airline industry is still facing its share of challenges, and here are some issues keeping executives up at night.

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Solving Hotel Payment Challenges with Cloud PMS and Embedded Payment Solutions

Hospitality Net

As the hotel industry becomes increasingly digital, payment facilitation is evolving into a critical area of focus. Hotels face numerous challenges, from managing payment timing to ensuring a seamless guest experience while balancing costs and risk. Hoteliers are increasingly optin to integrate a payments platform directly into the hotel’s Property Management System (PMS).

Hotels 278
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The Ideal Mix For Hotel Distribution: Direct Bookings to Lead by 2030

Skift Blog

Skift Take: By 2030, direct digital bookings will surpass online travel agencies as the dominant distribution channel, generating over $400 billion in global hotel gross bookings.

Travel 289
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Team Effort: A Holistic Approach to Security for Smaller Properties

Lodging

While “big box” hotels and major resorts often employ dedicated security personnel, the staff budget for smaller properties typically does not allow for those roles, especially with the rising wages brought about by the labor shortage. Thus, building a “security culture” among all onsite staff is even more critical at smaller hotels. Advocating this method is Klaudio Simic, vice president of operations for Practice Hospitality.

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Don't Let AI Pass You By: The New Era of Personalized Sales Coaching & Development

Speaker: Brendan Sweeney, VP of Sales & Devyn Blume, Sr. Account Executive

Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!

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Garner launches in Europe with first hotel openings in Germany

Hospitality Net

IHG Hotels & Resorts (IHG), a global leader in hospitality, launches new midscale conversion brand, Garner, in Europe with its first hotels opening in Germany. The brand’s debut is in partnership with NOVUM Hospitality, one of Europe’s largest private hotel operators.

Resorts 264
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A Packed Agenda at Skift Global Forum East in Dubai

Skift Blog

Skift Take: Backed by Skift’s editorial expertise, Skift Global Forum East returns to Dubai on November 19-20 to gather travel leaders and industry experts as we explore the key global trends across travel, including insights from those in tourism, hospitality, aviation, experiences, and more.

Tourism 249

More Trending

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Flight Centre Travel Group Exec on What’s Next for AI: ‘We’re Continuing to Invest’

Skift Blog

Skift Take: Flight Centre has deployed several AI projects, but it's just scratched the surface.

Travel 243
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Accor to open first Handwritten Collection hotel in Croatia

Hospitality Net

Accor announces today the signing of the first Handwritten Collection hotel in Croatia. Thanks to the partnership with Jadran hotels Rijeka, the iconic 135-year-old Hotel Continental in Rijeka will join Accor’s boutique collection. The property is set to welcome its first guests in 2026.

Hotels 263
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What Is Regenerative Tourism? Debate Rages On

Skift Blog

Skift Take: Many feel regenerative tourism has the potential to transform the industry. But the continued resistance to a clear definition or measurement criteria may hinder its potential.

Tourism 240
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2025 travel & wellness trends according to the experts

Hospitality Net

The landscape of travel, spa, and wellness is always transforming with technological advancements, changing consumer preferences, and shifting global paradigms.

Travel 263
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Brunei’s Move to Attract Indian Tourists – India Report

Skift Blog

Skift Take: Indian travelers are increasingly traveling internationally: Outbound trips among Indians are expected to reach 50 million a year by 2030.

Travel 231
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IHG Hotels & Resorts to debut in Ujjain with signing of a Holiday Inn hotel

Hospitality Net

The 100-key new-build hotel is set to open in 2028, bringing world-class hospitality to the city.

Resorts 260
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Brigade Hotel’s IPO Filing Reveals a Changing Indian Market: What We Learned

Skift Blog

Skift Take: Brigade Hotel Ventures’ IPO filing offers a deep dive into what’s next for the hotel sector in India. Besides growth, the data points to big shifts in demand and supply across segments while breaking down key trends.

Market 202
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The Future of Hotel Budgeting: Automation and Data-Driven Upselling

Hospitality Net

Ahh, budget season… a time every hotelier knows all too well. It’s that annual crunch when departments scramble to justify their numbers, and finance teams work around the clock, pulling their hair out trying to predict next year’s revenue.

Upsell 259
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Beyond the Basics: How to Develop and Retain a Top-Performing Sales Team

Speaker: Brendan Sweeney, VP of Sales at Allego

Maximizing sales rep performance is no easy task. 📈 Traditional sales training methods focus heavily on the first few weeks in the sales role. Companies dedicate time, resources, and budget to onboarding new hires, only for them to forget what was learned in those first few weeks, lose motivation, and struggle to come to grips with their role.

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IHG signs 153-key Sunshine Coast property with Felix Capital

Hotel Management

IHG Hotels and Resorts is set to introduce its Voco hotel brand to the Sunshine Coast under an agreement with Sydney-based developer Felix Capital, as the region gears up for the arrival of the 2032 Olympic and Paralympic Games. The new 153-key Voco Maroochydore Sunshine Coast, located within a mixed-use development on Ocean Street, is slated to open in 2028.

Resorts 147
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Punthill Sunshine officially opens its doors

Hospitality Net

Australia’s fastest growing apartment hotel operator, Veriu Group, has continued the ambitious roll out of its successful Punthill apartment hotel accommodation model with today’s official opening of its latest Victorian property - Punthill Sunshine.

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Mesa West Capital Provides Loan to Refinance Thompson Savannah

Lodging

NEW YORK—Mesa West Capital has provided a joint venture led by Regent Partners (Regent) and Mariner Group (Mariner) with $50 million in short-term first mortgage debt to refinance Thompson Savannah, a 193-key luxury hotel in Savannah, Georgia. The five-year, non-recourse financing takes out the original construction loan on the hotel, a boutique lifestyle brand of Hyatt Hotels developed by joint venture partners Regent, Mariner, and Cadre and opened in August 2021.

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Appart’City Selects IDeaS G3 RMS to Optimise Revenue Across European Aparthotel Portfolio

Hospitality Net

Appart’City, France’s leading aparthotel operator, has partnered with IDeaS, a SAS company and world’s leading provider of hospitality revenue management software and services, to optimise revenue management decisions and automate related processes across its portfolio of 90 properties.

Revenue 246
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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Amadeus Reports Q3 2024 Financial Results

Lodging

Amadeus reported Q3 2024 financial results. Highlights for the nine months ended September 30, 2024, (relative to the prior year) include: In the first nine months of 2024, Amadeus grew with profitability, delivering expanding EBITDA and operating income margins. Group revenue increased by 12.6 percent, EBITDA grew 13.3 percent, operating income increased by 16.9 percent, and adjusted profit expanded by 17.4 percent, relative to the prior year.

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JMBM’s Real Estate Practice Receives National Tier 1 Ranking in 2025 Edition of “Best Law Firms”

Hospitality Net

Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that its Real Estate (including its Hospitality Transactions) practice has received the highest possible designation of National Tier 1 in the 2025 edition of U.S. News and World Report – Best Lawyers® “Best Law Firms.

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Courtyard by Marriott Reno Sparks Opens

Lodging

RENO-SPARKS, Nevada, and FRISCO, Texas—Galaxy Hotels Group announced the opening of the company’s newly built Courtyard by Marriott Reno Sparks in northern Nevada. Offering 127 rooms/suites, the four-story Courtyard by Marriott Reno Sparks is located near the Tahoe Reno Industrial Center (TRI Center). Frisco, Texas-based Galaxy Hotels Group, also known as Galaxy Management, is an approved Marriott International franchisee, hotel developer, and management company.

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Evolution in technology delivers revolution in experience for SSE Arena Belfast

Hospitality Net

The SSE Arena, Belfast, is a beacon of success, a venue that has delivered sensible, simple innovation consistently since it first opened in 2000. With a focus on fan experience, delivering an atmosphere that engages and entertains, Northern Ireland’s biggest live events venue has gone from strength to strength with technology at the core of that drive.

Events 240
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Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i

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Mondrian COO promises ‘entirely new’ hospitality offering at Gold Coast property

Hotel Management

Ennismore’s is gearing up for the Australian debut of Mondrian Hotels and Residences in 2025 with the opening of Mondrian Gold Coast. Located on the beachfront at Burleigh Heads, the new property stands at 24 floors, offering guests expansive ocean and hinterland views. Since its launch in Los Angeles in 1996, Mondrian has established itself as a ‘forward-thinking’ lifestyle brand, led by visionary designers and dreamers.

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HotelRunner to Attend The Phocuswright Conference: The New Age(nts)

Hospitality Net

The leading global hospitality and travel technology company, HotelRunner, is excited to announce its attendance at The Phocuswright Conference, running from November 19 to 21, 2024, in Phoenix, Arizona. As a proud sponsor, HotelRunner will join the top industry thought leaders at the JW Marriott Desert Ridge Resort & Spa this year.

Resorts 239
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Start-Up Spotlight: ClearCOGS Takes the Guesswork out of Restaurant Ops with Predictive Data

Hospitality Tech

The founders saw an opportunity to support restaurant operators by turning data into the much-needed answers they need to increase efficiency and boost profits.

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Opening of Morickap Lord’s 83, Trademark Collection by Wyndham

Hospitality Net

M/s Lord’s 83 Holidays LLP, a leading hospitality company based out of Wayanad, Kerala today announced the opening of Morickap Lord’s 83, Trademark Collection by Wyndham in partnership with Wyndham Hotels & Resorts which is the world’s largest hotel franchising company with more than 9,200 hotels in 95+ countries.

Resorts 237
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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

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What are CAP rates and how to use them

eHotelier

Remember the golden rule, the lower the cap rate the higher the purchase price paid and at the same time the lower the expected returns on that investment in the future because the price paid was higher.

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High Hotels Seeing Workforce Efficiencies Soar with Service Optimization Software from OpsTechPro

Hospitality Net

The strength of a business partnership lies in the ability to adapt, innovate, and evolve together. Such is the case for High Hotels, a Lancaster, Penn.-based hotel management company that has been working alongside asset management and service optimization software company OpsTechPro for more than five years to automate its back-of-house workforce communications.

Services 246
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Unlocking Collaboration: The Power of Multi-User Systems in Hotels

Demand Calendar

Many hotels still rely on specialized, single-user systems managed by individual departments or team members. For instance, the revenue manager might use a dedicated revenue management system that only they can access, while the sales team uses a separate customer relationship management tool. This compartmentalization leads to operational silos, where vital information is not readily shared across the organization.

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Corporate Transparency Act: Upcoming January 1, 2025 Filing Deadline

Hospitality Net

As the January 1, 2025, filing deadline for the Corporate Transparency Act (CTA) approaches, hotel owners, developers, and investors should be prepared to meet the new federal requirements for business transparency. Effective January 1, 2024, the CTA requires most U.S. business entities to submit detailed ownership information to FinCEN or face penalties up to $10,000.

Business 202
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A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.