Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Bookkeeping for Hotels: 5 Steps for Better Management

Are Morch

In the dynamic world of the hotel industry, effective bookkeeping practices can make all the difference between thriving success and missed opportunities. Sound financial management lies at the heart of every prosperous hotel, enabling owners and managers to navigate the complexities of revenue tracking, expense optimization, inventory management, cash flow monitoring, and financial control implementation. […] The post Bookkeeping for Hotels: 5 Steps for Better Management appeared first on

Hotels 147
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SkyNRG Raises $191 Million for Sustainable Aviation Fuel: Startup Funding Roundup

Skift Blog

Skift Take: The sustainable aviation fuel fundraise of $191 million is a drop in the bucket of what is needed if there's any hope of reaching the net-zero emissions goals by 2050.

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Turning website views into restaurant visits

eHotelier

Turning website views into restaurant visits - Insights - Insights Turning user clicks into dining visits depends on consistently positive messaging. We've tested what works.

Dining 122
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An overview of hotel development in select convention center markets

Hotel Business

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. However, in 2024, meeting, professional event and convention spending is projected to increase alongside in-person demand, according to a recent survey from American Express Global Business Travel. Increased in-person demand certainly impacts the hospitality industry, especially in cities with the largest, most visited convention centers in the U.S.

Hotels 122
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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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5 Trends in Hospitality Improvement and Technology Integration for Enhanced Experiences

Are Morch

The hospitality industry stands at the cusp of a technological revolution. As guest expectations evolve and digital innovations become more sophisticated, the sector is embracing new trends to transform the guest experience. These advancements are not just about enhancing comfort or convenience; they signify a paradigm shift in how hospitality services are delivered and experienced. […] The post 5 Trends in Hospitality Improvement and Technology Integration for Enhanced Experiences appeare

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Emirates’ Tim Clark on ‘Trust’ in Boeing, Supply Chain Issues and the End of Innovation

Skift Blog

Skift Take: In the aviation business, no one has the ear of both Boeing and Airbus as much as Emirates President Tim Clark. Now he is preparing Emirates for a life beyond the 777s and the A380s, and he’s going with Boeing for now.

Business 131

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Key appointments: Meriton Suites, Ascott, Salter Brothers, Hilton and more

Hotel Management

Exclusive: Meriton Suites appoints Regional GM across NSW/VIC/ACT Meriton Suites has appointed Harry Singh to the position of Regional General Manager NSW/VIC/ACT, based out of the company’s Kent St headquarters in Sydney. Singh commenced the role on November 13, following a 22-year career with Marriott. Reporting to Meriton Suites Group General Manager and Meriton Group Director Matthew Thomas, he will serve as the conduit between operations in these states and key stakeholders.

Hotels 115
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Tracking Snacking: Three Consumer Trends to Help Hoteliers Curate Their F&B Offerings

Lodging

In recent years, hoteliers have found creative ways to streamline their operations and control costs, particularly in their food and beverage departments. A recent CBRE analysis for LODGING noted that rising wages, heightened supply costs, and ongoing labor challenges have prompted hoteliers to increasingly scale back restaurant hours and menu offerings, reduce their in-room dining and minibar service, and adopt self-serve kiosks and grab-and-go market models.

Consumer 117
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Tripadvisor’s 2024 Experience of Travel Study: 3 Charts

Skift Blog

Skift Take: The latest Tripadvisor survey highlights travel is no longer just about 'been there, done that, got the T-shirt', but understanding the story of the T-shirt itself.

Travel 128
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The impact of holiday posts on B2B hospitality companies: LinkedIn marketing insights

eHotelier

The impact of holiday posts on B2B hospitality companies: LinkedIn marketing insights - Insights - Insights Unless you have something unique or can use engaging photographs of people to boost interaction, here's why it might be best to refrain.

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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.

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Pebblebrook completes sale of Hotel Zoe Fisherman’s Wharf

Hotel Business

Pebblebrook Hotel Trust has closed on the sale of the 221-room Hotel Zoe Fisherman’s Wharf in San Francisco for $68.5 million to a third party. For the trailing 12 months ended Sept. 30, the hotel’s net loss was $1.2 million, its net operating income was $2.2 million and its earnings before interest, taxes, depreciation and amortization (“EBITDA”) was $2.7 million.

Hotels 116
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Generative AI and Sensitive Hotel Data

Hospitality Tech

With the contracts, regulations, and expectations involved when handling sensitive data, there are some things to keep in mind when implementing a generative AI tool.

Hotels 119
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Tripadvisor Laid Off 4% of Its Workforce and More Cuts Are on the Way

Skift Blog

Skift Take: You can see Tripadvisor's priorities crystal clear in where its restructuring occurred. Hotel metasearch took the heaviest hit, and Viator was impacted the least.

Hotels 128
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Fostering a culture of wellbeing for workplace mental health

eHotelier

Employee wellbeing initiatives are increasingly popular, with well-proven positive impacts for reducing absenteeism, turn-over, low productivity - thereby reducing associated costs.

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Beyond The Meeting Room: Luxury Magazine Resource

Escape into a world of luxury and dive into the future of tech, fun takes on the American pastime, and many inspirational individuals. With engaging reports on fashion, food, travel, finance, sports, and more, download now and enjoy the read!

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Exclusive: after two decades and 23 hotels, Meriton Suites is taking expansion up a notch

Hotel Management

Over the last two decades, Meriton Suites has been on a strong and steady growth trajectory, averaging a new hotel opening each year. But a recent AU$400 million development injection saw the launch of a further three hotels in two months , taking the owner-operator to new states ( VIC, ACT) and rounding out 2023 with 23 hotels in its network. Here, Meriton Suites Group General Manager and Meriton Group Director, Matthew Thomas, discusses recent openings, growth plans and the continued demand fo

Hotels 115
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The Hotelier's Guide to Blended Travel

Hospitality Tech

Defined as business travel with some form of leisure time included, the hospitality industry has seen a sharp rise in “blended travel.” Keep in mind they are business travelers first. Here are four other tips.

Travel 111
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Airbnb Acquires AI Company Led by a Siri Creator

Skift Blog

Skift Take: Adam Cheyer has driven a lot of success through his work at past companies. Now he's at Airbnb, showing the company really is serious about its dedication to integrating AI.

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KWC Management Closes Acquisition of Montage Kapalua Bay

Hospitality Net

KWC Management, LLC, the hospitality investment management company of Kemmons Wilson Companies, today announced its acquisition of the storied Montage Kapalua Bay, following an engagement that began in the early spring. Montage Kapalua Bay has consistently been ranked among the top resorts on Maui and throughout the state of Hawaii.

Closing 110
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Preventing Employee Burnout in Restaurants & Hospitality: An Integrated Approach

Speaker: Lissa Bowen - Chief People + Culture Officer, Full Course Executive Director, Full Course Foundation

Employee burnout is a pervasive issue in the fast-paced and demanding restaurant industry, resulting in decreased productivity, high turnover rates, and compromised mental well-being. Effectively addressing this challenge requires a comprehensive approach that combines conventional management techniques, insights from neuroscience, and stress management strategies.

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The Sebel Sydney Martin Place to open in January following multi-million-dollar refurbishment

Hotel Management

Sydney’s Martin Place will be home to the latest The Sebel hotel in Australia with the opening of an 86-room premium hotel in January. The Sebel Sydney Martin Place is the first hotel from the brand within Sydney’s financial district and replaces Mercure Sydney Martin Place, which opened in October last year following the acquisition of an existing Travelodge hotel by global fund manager Salter Brothers.

Hotels 111
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Aimbridge Hospitality Announces Executive Leadership Transitions

Lodging

PLANO, Texas—Aimbridge Hospitality announced the transition plan for Michael J. Deitemeyer, who is stepping down as CEO, effective Dec. 31, 2023. An Executive Committee of the Board, helmed by Aimbridge Chairman Glenn Murphy, has been formed and will lead a comprehensive search for a CEO replacement. Deitemeyer assumed the role of president and CEO of Aimbridge Hospitality in January 2021 after serving as global president following the company’s merger with Interstate in October 2019.

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Air Traffic Controller Shortage Could Last Into the 2030s

Skift Blog

Skift Take: The U.S. government needs to step up if it wants to ease the air traffic controller shortage that is snarling flights and slowing growth.

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Euromonitor International Unveils Top Global Consumer Trends for 2024

Hotel News Resource

Article - Euromonitor International Unveils Top Global Consumer Trends for 2024 - Consumers are seeking to improve their health and wellbeing by taking a break from the mundane

Consumer 109
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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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Australia’s first 25hours hotel projected to open in December 2024

Hotel Management

Australia’s first 25hours hotel has been given a revised opening date of December 2024 following construction delays at the Sydney site, with new renders of guest rooms released. The new 109-room hotel, developed by leading Sydney property developer Central Element (CE) and joint venture partner Boston Global Group, is located at 1-11 Oxford Street Paddington, the heritage listed site of the former West Olympia Theatre.

Hotels 111
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Editor checks in: unlocking creativity at The Brit List Awards 2023

Hotel Designs

Hotel Designs Editor checks in: unlocking creativity at The Brit List Awards 2023 Editor checks in: unlocking creativity at The Brit List Awards 2023 Hamish Kilburn, Editor of Hotel Designs and lead judge for The Brit List Awards 2023, explores some of the key themes that were evident throughout this year’s campaign, as well as sharing the official highlights video from awards ceremony… When I come to judge The Brit List Awards and, in tow, edit The Brit List , there’s always one the

Hotels 111
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Riyadh Air Doesn’t Plan To Compete With Emirates For Global Hub Status

Skift Blog

Skift Take: Riyadh Air doesn't see itself becoming a "super-connecter" like Dubai's Emirates airline. It's banking on immense demand for travel out of Saudi Arabia.

Travel 123
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CBRE: RevPAR growth to recover in 2024

Hotel Business

CBRE is forecasting RevPAR growth to recover in 2024 as inbound international travel further improves and sector-specific headwinds moderate. The company forecasts 3.0% RevPAR growth next year, driven by a 40 basis-point (bps) occupancy improvement and a 2.3% ADR increase. RevPAR in 2024 is expected to be 14% greater than 2019 levels. CBRE’s baseline forecast anticipates 0.8% average GDP growth and 2.9% average inflation in 2024.

Occupancy 110
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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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Spa trends, treatments and concepts to look and feel great in 2024

Hospitality Net

The wellness industry is rapidly growing into a trillion-dollar market, offering ample opportunities for new businesses to enter the sector with innovative products or services. EHL has compiled a list of the top global spa trends for 2024, indicating that the spa experience has evolved beyond pampering to include a wide range of healing therapies for the mind, body, and soul, as well as non-invasive treatments for those who wish to make minor adjustments to their physical appearance.

Services 108
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Amora Brisbane to open in December following $30 million refurbishment

Hotel Management

Amora Hotel Group is gearing up to launch Amora Brisbane next month following a AU$30 million refurbishment of the property. Designed by Cottee Parker, the 296-room hotel is inspired by themes of wellness with natural organic tones, an abundance of greenery and natural lighting, while incorporating the brand’s Thai heritage. “We’re very excited to soon unveil the complete Amora Brisbane and cater to both locals and travellers alike with a more sophisticated experience,” said Amora Hotels and Res

Hotels 111
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Travel to Japan is Booming, But Tour Operators Face Capacity Crunch

Skift Blog

Skift Take: Taipei-based tours and activities operator KKday wants to grow its market share, but with it comes delivery challenges beyond the sector's offline fragmentation.

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U.S. Hotels Poised for Strong Holiday Season Fueled by Business Travel Uptick

Hotel News Resource

According to a survey commissioned by the American Hotel & Lodging Association and conducted by Morning Consult, 68% of Americans whose jobs involve travel said they were likely to travel overnight for business during the last three months of 2023, up from 59% in 2022. Hotels are the top lodging choice for 81% of business travelers surveyed.

Hotels 106
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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.