Thu.Aug 01, 2024

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3 Keys to Developing a Competitive Sales Strategy

Anthony Cole Training

To compete in any marketplace, especially the competitive arena of financial services, advisors, producers, lenders, and relationship managers must have a strategy for success. The top 7% of salespeople, the elite producers, certainly follow a sales strategy and can articulate what they do consistently to find and develop client relationships. There are many ways to differentiate and compete but there are 3 key areas to developing a competitive sales strategy.

Sales 332
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Saudi Arabia’s World Cup Bid Reveals New Plans for Hotels, Stadiums, Airports

Skift Blog

Skift Take: Saudi Arabia has published a 245-page report on why it should host the 2034 FIFA World Cup, giving actual deadlines and timelines for projects for the first time.

Hotels 326
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Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline

Lodging

According to the recent Q2 2024 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines were led by Dallas with 189 projects, just four projects shy of its record-high at the end of Q4 2023 and a new record-high 22,392 rooms. Atlanta followed with a record-high 159 projects/18,522 rooms, then the Inland Empire with a record-high 124 projects/12,569 rooms, […] The post Lodgin

Pipeline 264
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Booking Sees Room Night Growth Slowing Through the Summer

Skift Blog

Skift Take: If the market imperative is for a company to grow, grow, grow, investors may be impatient about the pace at Booking Holdings.

Marketing 322
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Smart Tools & Strong Teams: A People-First Approach to AI in Sales

Speaker: Matt Sunshine, CEO at The Center for Sales Strategy

AI isn’t replacing salespeople—it’s empowering them. The most forward-thinking sales organizations are using AI to enhance human performance rather than eliminate it. From coaching and messaging to prospecting and pipeline accountability, artificial intelligence is giving managers and SDRs the new tools they need to work smarter, sell better, and close more.

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Exclusive: Marriott’s Richard Crawford anticipates ‘spike’ in Australia’s new hotel openings in 2027

Hotel Management

In HM ‘s 2024-2045 Hotel Development Outlook, Marriott International Vice President of Hotel Development ANZP, Richard Crawford, points to signs that activity is set to reignite over the next 18 months. As a NASDAQ-listed company, Marriott International’s shareholders demand growth, and we are certainly upholding our end of the bargain in Australia.

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IAG Drops Plans to Acquire Air Europa

Skift Blog

Skift Take: IAG is once again scrapping its plans to acquire Air Europa after it seemed likely that regulators would reject the deal.

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More Trending

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Is the Profit Party Over? Wizz Air Reports 44% Drop in Earnings as Aircraft Groundings Bite

Skift Blog

Skift Take: Wizz Air joins a growing list of airlines to report a steep drop in profits for the last quarter. It remains to be seen if this is a benign correction or the start of something more significant.

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Choice Hotels International Opens Four U.S. Cambria Hotels

Lodging

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. opened four Cambria Hotels across the United States. The newly opened properties, located in Niagara Falls, New York; Rehoboth, Deleware; North Conway, New Hampshire; and Denver, Colorado, join a collection of more than 70 open Cambria Hotels located around the country and an upscale portfolio of eight brands, including Radisson Blu, the Ascend Hotel Collection, Radisson, Radisson Individuals, and Radisson RED.

Hotels 147
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Spirit Posts ‘Disappointing’ Revenues as CEO Promises Change

Skift Blog

Skift Take: With 'transformational' changes to its business model announced earlier this week, Spirit will be hoping that these numbers are the start of a long-term shift for the troubled airline.

Revenue 279
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AHLA Releases Statement on Senate Approved Hotel Fees Transparency Act

Lodging

WASHINGTON—American Hotel & Lodging Association (AHLA) Interim President and CEO Kevin Carey released the following statement after the U.S. Senate Committee on Commerce, Science, & Transportation approved the Hotel Fees Transparency Act, which would create a nationwide standard for lodging cost transparency. The bill now awaits a full Senate vote.

Hotels 147
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How to Coach Reps on Overcoming Sales Objections with Confidence

Speaker: Brendan Sweeney, VP of Global Sales and David Phelan, Account Executive

In a world where buyers are more informed and objections are more nuanced, confidence isn't optional—it’s a competitive advantage. In high-stakes conversations, knowing how to handle pushback can make or break the deal. Join industry experts Brendan Sweeney and David Phelan for a behind-the-scenes look at how teams are transforming sales coaching with real-time feedback, objection-handling role plays, and pre-call preparation that actually sticks.

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Q&A: The Hidden Element Transforming Tourism in Saudi Arabia

Skift Blog

Skift Take: Helicopters are quietly transforming the travel industry in Saudi Arabia by facilitating infrastructure development, managing transport for high-profile events, and ensuring medical safety.

Tourism 274
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Marriott International Reports Q2 2024 Results

Lodging

Marriott International, Inc. reported second quarter 2024 results. Highlights include: Anthony Capuano, president and CEO, said, “Marriott reported strong second quarter results, with net rooms up 6 percent year over year and worldwide RevPAR growth of nearly 5 percent, as consumers continued to prioritize travel. International RevPAR increased more than 7 percent, with Asia Pacific excluding China leading the way, posting an impressive 13 percent RevPAR increase from the year-ago quarter.

Consumer 147
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Biden Administration Proposes Rule to Ban ‘Junk Fees’ for Family Seating

Skift Blog

Skift Take: If finalized, the rule would ban airlines from charging fees to assign seats to children aged 13 or younger next to their parents or an accompanying adult.

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Sonesta Executes 19 Franchise Agreements Across Six Brands

Lodging

NEWTON, Massachusettes—Sonesta International Hotels Corporation announced the execution of 19 franchise agreements during the second quarter of 2024 spanning six of the company’s 13 brands. “These signed franchise agreements executed in Q2 bolster our presence in certain key markets and represent the introduction of several new owners to Sonesta,” said Keith Pierce, Sonesta’s EVP and president of franchise and development.

Branding 147
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New Research-Backed Strategies to Empower Managers as Culture & Engagement Leaders

Speaker: Beth Sunshine, SVP, Up Your Culture

When culture isn’t consistently lived out across the organization, engagement suffers—and it often starts with a disconnect at the top. In this session, Beth Sunshine, SVP of Up Your Culture at The Center for Sales Strategy, will reveal how HR and executive leaders can close the gap between vision and execution by equipping frontline and mid-level managers to become culture carriers.

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India’s Outbound Surge: Key Drivers Behind the Travel Boom

Skift Blog

Skift Take: Several factors are playing in India's favor as a tourism source market: its population, emerging younger generation, and competition leading to reduced travel costs.

Travel 259
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Singapore’s rich history comes to life at The Robertson House by The Crest Collection

Hotel Management

The Ascott Limited introduced its first The Crest Collection hotel in Asia Pacific last year with the opening of a 336-room Singapore hotel in October 2023. Formerly the Riverside Hotel Robertson Quay, the hotel was rebranded as The Robertson House by The Crest Collection following a phased renovation from March 2023. A celebration of Singapore’s rich history, Robertson House has been conceptualised by an in-house design and technical services team, who crafted a narrative that remembers the pas

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South African Travel Company Adapts to New Local Tourism Trends

Skift Blog

Skift Take: Curiocity, a South-African company that offers both tours and activities as well as hotel and hostel stays, had to pivot post-pandemic. The switch reveals a new focus on domestic travel and Afro-tourism, driving a shift in its business model.

Tourism 246
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IHG launches global multi-year partnership with Action Against Hunger

Hotel Management

IHG Hotels and Resorts is advancing its efforts to combat food insecurity on a global level through a new multi-year partnership with NGO Action Against Hunger. IHG will help support and fund Action Against Hunger’s nutrition programmes, which been preventing, detecting and treating hunger across East Africa, Central Africa, West Africa, Asia, the Americas, Middle East and Europe for decades, with a specific focus on screening initiatives designed to spot early signs of malnutrition in children

Resorts 130
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Hotel Junk Fees, Marriott Earnings and Norwegian Cruising Optimism

Skift Blog

Skift Take: Today's podcast looks at Marriott's optimism in the face of challenge, the next step in junk fee legislation, and the ongoing strength of Norwegian Cruise spending.

Hotels 144
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The Culinary Academy of Las Vegas and Amadeus Join Forces to Expand Hospitality Employment and Job Training

Amadeus Hospitality

August 1, 2024 – The Culinary Academy of Las Vegas and Amadeus , together with the Culinary Union are pleased to announce a first-of-its-kind partnership between the Culinary Academy of Las Vegas and Amadeus to support the continued post-pandemic recovery of the hotel industry and to connect hospitality workers with good union jobs and on-the-job training.

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Amadeus Pushes Forward on Tech Initiative Despite American Airlines Setback

Skift Blog

Skift Take: Amadeus isn’t relying on the business from its next-generation distribution tech for now. It’s up to airlines to choose how they want to use it.

Business 130
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Encouraging employees to invest in the environment

eHotelier

A new study finds that optimising leadership might be more effective than compensation programmes in motivating employees to engage in green practices.

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State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

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Marketing for Hospitality and Tourism – Your 2024 Guide

MediaBoom

After what amounted to be a rough period from the COVID-19 pandemic, the hospitality and tourism industry has bounced back healthily. McKinsey & Company estimates that domestic travel will experience a three-percent rate of growth per year. Given this projection, that makes 2024 the year to focus on tactics to carve out your spot in the industry.

Tourism 105
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Quiet luxury lighting from Northern Lights

Hotel Designs

Hotel Designs Quiet luxury lighting from Northern Lights Quiet luxury lighting from Northern Lights From bespoke lighting masterpieces for public areas, to guest suites at iconic venues such as Raffles London at The OWO and The Peninsula, Northern Lights continue to work with an impressible roster of international hospitality brands… A deep understanding of the requirements and challenges of illuminating hotel environments has inspired the new Northern Lights lighting ranges.

Intent 105
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Frontier acquires downtown DC Cambria hotel; rebrands to Hyatt

Hotel Business

Frontier Development & Hospitality Group LLC and its joint-venture partner Basis Investment Group (BIG) have acquired the Cambria Washington. D.C., Downtown/Convention Center. The 182-key hotel has been rebranded to the Hyatt Washington DC/Convention Center, joining the World of Hyatt portfolio. The hotel has commenced a comprehensive property-wide renovation, and upon the completion of the renovation—slated for summer 2025—it will convert to the Hyatt House brand, expanding Frontier’s

Hotels 104
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Is your hotel breakfast an overlooked profit center? 

eHotelier

Breakfast can be a profit center from brand recognition, search engine visibility, and increased turnover and profitability.

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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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Unlocking Profit: How Each Reservation Drives Hotel Success

Demand Calendar

The ability to analyze the contribution margin of each reservation, factoring in both revenue and associated costs, empowers hoteliers to make more informed decisions. This focus on the profitability of individual reservations allows hotels to optimize pricing strategies, enhance guest experiences, and identify the most valuable customer segments. Real-time data connections amplify this capability by providing instant insights into guest behaviors, preferences, and spending patterns.

Revenue 98
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How to start a hotel business plan

SiteMinder

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It serves as a roadmap for your hotel’s success, helping you attract investors, secure funding, and make informed decisions about your operations. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

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The Power of Data and AI for Effective Distribution and Digital Marketing in Hospitality

Hotel News Resource

Article - The Power of Data and AI for Effective Distribution and Digital Marketing in Hospitality - The fact that many hoteliers have an ambivalent relationship with online travel agencies is nothing new.

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Hotel rate shopping: How to use rate shopper software

SiteMinder

What is hotel rate shopping? Hotel rate shopping is the practice of tracking and monitoring hotel rates amongst your local market and competitors. It also involves tracking your own rates across your connected distribution channels. Hoteliers use rate shopping to benchmark against other properties, optimise pricing decisions, and find opportunities to maximise revenue and profitability.

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The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!