Remove Forecasting Remove Hiring Remove Market Share
article thumbnail

McNeill names Katelyn Wiersma regional director, sales

Hotel Business

She advises operational teams on revenue forecasts and long-term sales strategies and supports the hotels in efforts to grow market share. She supports her hotels in developing and converting revenue opportunities in the group, negotiated and event segments. She has more than 15 years of experience in the hospitality industry.

article thumbnail

Luxury Car Market — Industry Trends and Forecasts

MediaBoom

Hence, they take up a larger market share due to growth in the economy across different geographies. Luxury Car Market: Analysis The luxury car market saw a sharp decline in sales and production as the pandemic impacted the spending power of the consumer base, with private vehicle registrations going down by 38.1%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Resolute Road adds Andrea Pace-Mickley

Hotel Business

In her new role, she will lead the company’s revenue and commercial strategy, overseeing all revenue management, pricing, analytics, forecasting and channel distribution initiatives. Third-party management company Resolute Road Hospitality has appointed Andrea Pace-Mickley as senior corporate revenue manager.

article thumbnail

What is Hotel Revenue Management?

Xotels

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The difference between Yield Management and Revenue Management is in the overall strategy, including in-depth analytics and forecasting.

article thumbnail

The Luxury Watch Market – Future Trends in 2023 and Beyond

MediaBoom

The Segments of the Global Luxury Watch Market The luxury market is segmented by distribution and product channels. The market is divided into electronic and mechanical watches. The mechanical segment has a large market share and will continue to dominate for the foreseeable future. CAGR in the forecast period.

article thumbnail

What is the Best Strategy for Reducing Hotel Operating Costs

Catala Consulting

You can either place some clerks on temporary hiring or utilize an on-demand approach. It can also help forecast unexpected dips and demands that will be instrumental in the control of labour expenses and reduction in variable expenses. Periods of economic difficulties require a thorough review of your entire labour asset.

article thumbnail

110 – Hospitality Trailblazers: Rob Mangiarelli

Travel Media Group

While we were hiring a chief technology officer, I worked in our global operations center where I really got to travel the world. And I’m not sure if you remember this one where you said there were two employees that were hired just to push the elevator button. I built our planning and analysis function. The makeup of our hotels.