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One year on from the launch of Trilogy Hotels, the independent management company is rounding out 2024 with 13 hotels under management totalling over 2,500 rooms and overseeing $165 million in revenue. They position a hotel asset and provide a platform to drive a distribution strategy and revenue lines.
Demand generation, not just distribution: OTAs should be seen as active contributors to a hotelâs marketing and revenue strategyânot just a place to list rooms.
The new partnership and integration will unlock a powerful set of AI-driven toolsâincluding contactless mobile check-in and checkout, real-time guest messaging, identity verification, and revenue-generating upsellsâseamlessly embedded within the Visual Matrix PMS environment.
Under Milky’s leadership, Radisson is scaling its Development and Feasibility teams, adding specialist analysts and project managers to enhance deal sourcing, underwriting, and technical support. Receive daily leadership insights and stay ahead of the competition.
Consider a mid-scale hotel group that markets itself as “easy business travel”. In this blog, we will break down the steps to build and scale a travel brand that wins bookings and loyalty. Bring these numbers into one shared dashboard, so marketing, revenue and operations work from the same playbook.
Remote-Ready Roles: Marketing, revenue management, HR, and reservations teams are increasingly operating in hybrid or fully remote models. Wider Talent Pool: Employers can now hire for some roles without geographic constraints, tapping into national or even global candidate markets. Ready to shape the future of hospitality work?
ATLANTA & HONOLULU Hotel Equities and Springboard Hospitality have announced a strategic merger, effective May 1, creating a scaled and differentiated hotel-management company built to deliver value for hotel owners across branded and independent segments.
Its mobile-friendly interface and intuitive setup empower lean teams to automate pricing decisions and scale operations effectively. âWhat truly makes Gametime stand out is its ability to meet the specific needs of limited-service hotels while aligning seamlessly with our overall revenue management strategy.
Plus, they cut down on those pesky operational errors that could cost a lot in lost revenue. Flexibility to scale with seasonal demand The hospitality industry is inherently seasonal, and you must be ready to adapt quickly to fluctuating demands. It's amazing how they can make everything more efficient!
âFrom the beginning, our approach to hiring has focused on attitude over experience,â Clarke said. Hosts can now unlock new revenue by offering customized upsellsâsuch as early check-ins or local product bundlesâdirectly through the portal across all major booking channels. âRoomKey makes that possible.
Rob’s leadership has been instrumental to Springboard’s evolution, and Al brings a proven track record in scaling high-performing hotel portfolios. “These leadership appointments reflect our commitment to operational excellence and strategic expansion as we continue to unify our platform,” said Ben Rafter, CEO, Hotel Equities.
We invite all attendees to experience the most reliable, flexible, and secure PMS on the market.â Maestro PMS was designed from the ground up to help new hires and longtime hospitality veterans deliver world-class experiences without being sidetracked by technology. The HCN AI Concierge Tablet + ad strategy solves these problems.
Focus on portfolio-level ROI, not just top-line revenue It’s tempting to chase growth for its own sake—more listings, more channels, more exposure. That’s how you increase revenue without increasing overhead or cutting corners on service. And remember, analytics doesn’t stop at revenue. Are service tickets closed on time?
Whether in the guestroom, residence, spa, fitness center, restaurant, pool or on demand, adding wellness features can augment nightly rates or ancillary revenues for hotels as well as unit price per square foot for apartments or houses. It’s a societal shift with profound implications on hotel and multifamily development.
Canary has doubled revenue every year for the past few years, Narula said. There are nearly 300 employees, and the company is hiring across departments. Canary said its tech supports more than 20,000 hotels for clients including Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others.
This marks a significant step in strengthening our leadership structure as we scale operations across our current operational regions, and prepare for our entry into new and growing cities. His track record of driving industry-leading guest satisfaction and revenue performance in the boutique hotel space.
They also want businesses to hire all kinds of people. With a focus on regions with potential untapped capacity, they can assist businesses in searching for new streams of revenue and finding a competitive advantage in a global market. This makes everything fair, and everyone saves money!
These strategic hires come at a pivotal time as the company refines and enhances its technology solutions, including guestroom entertainment, managed Wi-Fi, and employee safety devices. With over 20 years of experience, Wright brings a proven track record of driving revenue growth and transforming brands.
AI-Driven Content Creation: Automatically generate compelling, on-brand content for emails, speaker bios, and event pages to streamline and scale event marketing efforts. Personalization at Scale: Deliver personalized session and networking suggestions to attendees, enhancing engagement and overall satisfaction.
His foundation in hospitality was built during a 17-year tenure at Hilton, where he advanced through a series of progressive roles in operations, revenue management and global commercial strategy. He also held earlier leadership positions at Ashford Inc. Rayhan Arif Arif has a long-standing connection to Virgin Hotels as a board observer.
Strong financial leadership is foundational to the way we scale our operations while driving strong revenue and elevating the guest experience,” said Kyle Hughey, CEO, Charlestowne Hotels. Alicia brings the experience, precision and strategic mindset needed to help our growing portfolio reach new heights.
It’s likely a more significant revenue driver compared to individual consumer sales. Holidu now manages nearly 50,000 properties, which drives 70% of the company’s revenue. The company said that the number of properties has tripled, and revenue from that business has grown 3.5 million, for any travel startup so far this year.
During his approximate eight-year tenure at Sage Hospitality as CFO and head of asset management, he was responsible for leading the finance and accounting teams for an organization generating nearly $1 billion in annual system revenue.
From selecting the right location to managing construction and hiring staff, the pre-opening phase is about laying the groundwork. In this guide, we’ll share simple strategies to help your hotel grow and start earning revenue. But once everything is ready, the focus shifts.
This next chapter for the combined company establishes scale with expanded regional insight and entrepreneurial agility to support owners across every asset class, said Rahinsky. Rafter, now CEO, Hotel Equities, added, We start with what both companies do best: revenue generation and technology innovation.
In 2024, DoorDash and Wolt Ads crossed an annualized advertising revenue run rate of over $1 billion across the 30+ countries where we operate. Reaching this scale in just three years makes us the fastest-growing retail media network in history and a leading global growth engine driving local commerce.
This series is gonna break down how to scale a sales team in today’s modern sales world. I’m not gonna start this series with how to hire more sales people or how to add new processes, or how to change the culture or hire a CRO or, or, or. Why do you want to scale the sales team? What kinda question is that?
Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Do not shy away from revenue management.
Optimism among large-company CFOs plunged again in the third quarter, as company financial performance expectations were scaled back amid renewed concerns about global economic conditions, according to Deloitte’s most recent CFO Signals survey. Those who are taking steps say they are mostly delaying hiring and capital investment.
Recognizing potential when he sees it, said entrepreneur offers to invest in the business to help the young kid scale up his budding enterprise. A Modern Approach to Scale. They open the second lemonade stand, but to speed the revenue growth, they hire an agency and begin marketing. The entrepreneur explains the plan.
Ross, formerly the chief revenue officer of Hotel Effectiveness (now part of Actabl), joined the company in September to lead and deliver profit-optimized revenue growth for thousands of hotels informed by his 20 years in the hotel industry. Previously, he served as a data and software architect at IBM.
Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. What is a revenue manager?
The American Hotel & Lodging Association also estimates 2022 hotel room revenue of $188.4 billion, which surpasses 2019 revenue. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. By Shilpan Patel. But what lies ahead? segments combined.
We hire people who love hospitality and enjoy connecting with guests and traveling themselves. This way of scheduling motivates them to keep their focus on revenue management to maximize the number of rooms sold and offer our associates more hours, which helps maintain consistency across the team.
Prioritising your investments correctly will ensure your budget spend is contributing towards increased revenue and occupancy rates. With their scale and global reach OTAs provide hotels with a cost-effective way to increase bookings on a pay-per-performance basis. Look to hire staff that will take over your least productive tasks.
But hotel revenue management can be your secret wand. Revenue management is about more than just the right pricing. It’s about knowing what guests need, predicting bookings, and adjusting rates to make more revenue. A flourishing hotel that delights guests and exemplifies the power of innovative revenue management.
He also played an instrumental role in creating and driving innovative branding, communications, marketing and business development strategies to increase awareness, capture market share and build revenue for the luxury hotel brand. I would also like to take this opportunity to thank Chinmai for his leadership and belief in RateGain.
Depending on the scale of the event, you may or may not require professional security detail. Step 4: Assess the Potential for Large-Scale Attacks. If you hire a professional security detail, be sure they communicate back and forth with your own staff. Events can generate a lot of revenue and branding for your company.
Toscano brings three decades of experience in the luxury-lifestyle market and is known for his ability to create, manage and scale a variety of assets, according to the company. In that role, he managed the strategy and operations for 31 hotels with more than 8,000 rooms, generating approximately $1 billion in annual revenue.
Without support from a brand, these operators need access to reliable, centralized tools capable of simplifying operations and improving revenue amid an indefatigable labor crisis. Independents simply don’t have the time to onboard new hires at the same speed they did three or four years ago.
Hotel management company EOS Hospitality has appointed Nicole Di Maio-Kennedy as VP, revenue maximization. In this role, she will spearhead the company’s revenue management strategies, driving profitability and market share growth across EOS’ portfolio.
Michael’s experience in scaling businesses, including teams and revenues, will be invaluable as we continue to accelerate the adoption of cloud technology in hospitality and beyond.”
Way empowers companies to leverage this change by providing the technology that makes launching and scaling meaningful activations easy to operationalise, turning them into a new revenue-driving, brand-building segment of the business.” ” Alongside the funding, Way has announced several new hires.
Beekeeper , a leading frontline success system, has raised $50 million in Series C funding after more than doubling revenues since the start of the pandemic. Working with Beekeeper helped us scale quickly and offered the level of security that we needed with so many workers sharing information on their personal devices.
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