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Yet, many in-house marketers in the hospitality industry are still forcing generic systems to do a very specific job. The Problem with a One-Size-Fits-All Software If youve ever tried to make a general CRM work for a hospitality business, you know the drill. But hospitality teams need more than that.
The technology enables hotels to streamline processes, shorten sales cycles, and significantly increase revenue from meetings and groups. Yet, the salesprocess remains largely manual and resource-intensive, with hotels sending proposals often only after 48 to 96 hours.
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication. What Is Data Analytics in the Hospitality Industry?
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication. What Is Data Analytics in the Hospitality Industry?
Thynk , a provider of hospitality commercial management solutions, and Cvent , a meetings, events and hospitality technology provider, have entered into a strategic partnership to “empower hotel and venue sales teams with the solutions they need to drive greater business results.”
Think of MeetingBroker , Delphi , and UpMail as the three musketeers of hospitality saleseach bringing their unique strength to the team, and all working together to win the day… or book the business.
âOur partnership with SONIFI is a strategic alignment with a technology leader that shares our commitment to delivering exceptional hospitality experiences,â said Mike Uwe Dickersbach, Chief Information & Digital Officer at Highgate. HCN views this acquisition as a significant consolidation in the hospitality tech space.
Ashford Hospitality Trust Inc. The sale is expected to be completed in June and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. of meeting and event space. The property is eight miles from Ellington Field, 22 miles from William P.
While the broader economy may be slowing, they said optimism remains high across much of the countrys hospitality landscape. Moderated by Tyler MacDonald of Oxford Properties, the panel featured Shazma Charania (Z&S Holdings), Mark Laport (Concord Hospitality), and Sukhdev Toor (Manga Hotel Group).
Start by Reducing RFP Overload If we look at the beginning of the salesprocess, streamlining RFP overload is a great place to start. Built on Salesforce, Delphi helps reduce administrative tasks, streamline operations, and make your salesprocess as frictionless as possible. Smarter Tools. Better Results. Learn more now.
Based in the companys New York City office, she will play a key role in the investment salesprocess with responsibilities spanning underwriting, client relations and transaction execution. Her career began with JLLs Hotels & Hospitality Group where she was part of the full-service investment sales team in New York.
Ashford Hospitality Trust Inc. The sale is expected to be completed in January and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the company’s anticipated capital expenditures, the sale price represents a 5.9%
In this role, Stalden will play a role in the investment salesprocess, handling responsibilities spanning underwriting, client relations, and transaction execution. Lodging Dynamics Hospitality Group announced the appointment of Wendy Hoekwater as acting chief marketing officer.
Amidst a major turning point for domestic and international travel rebounding from COVID-19, we aimed to find consistencies, gain understanding, and share real-world experience in the evolution of the salesprocess.
RobertDouglas represented Ashford Hospitality Trust Inc. in the sale of the 193-room One Ocean Resort & Spa in Atlantic Beach, FL, to a joint venture between Aspect Real Estate, Corner Lot Development and Sage investments. The sale price was $87 million.
Furthermore, we'll delve into the intricate dance of optimizing key commercial work processes—including the salesprocess, marketing campaign process, rate and availability update process, and reporting process—to achieve better outcomes and set a new standard for operational excellence in hospitality.
Amadeus’ cloud-based technology will help Accor, a world-leading hospitality group, in boosting revenues, maximizing distribution strategies, and building deeper and more personalized connections with guests. This ensures that every stay is memorable and tailored to individual preferences, enhancing guest satisfaction and loyalty.
. “Efficiency is a key factor in maximizing hotel group sales and meeting revenue,” said Ryan Hamilton, Co-founder of STS Cloud. “We designed STS Cloud to streamline every part of the salesprocess—from pipeline management and group block creation to event orders and digital contracts.
“We wish MMI Hospitality nothing but success as they steer the property forward into the next generation of ownership.” This saleprocess confirmed that demand for leisure-driven hotels is still conditionally very strong,” said Hunter, SVP, investments, Marcus & Millichap.
It’s no secret that there are a lot of misconceptions about hospitality B2B marketing. Let’s Get Real About B2B Hospitality Marketing First things first, what is B2B hospitality marketing? This could include anything from hospitality tech and meeting space to catering services and event planning.
Ashford Hospitality Trust Inc. has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. million ($95,300 per key). ” The post Ashford Trust sells Georgia Hampton Inn for $8.1M
Cendyn , a global hospitality cloud-based technology company, has acquired Knowland , a provider of data-as-a-service intelligence on meetings and events for hospitality. The post Cendyn acquires Knowland appeared first on hotelbusiness.com.
Mumford Company, a full-service hospitality brokerage advisory firm since 1978, has completed a number of deals this year to close a robust third quarter. “Managing the nuances of the salesprocess, particularly in today’s challenging market, took extreme patience from all parties.”
NEW Sales & Catering CRM Seamlessly manage and optimize group sales performance across your entire portfolio. NEW Client Services Get all the support you want for your events because we know hospitality matters. Free Planning Tools Diagram events, wow attendees, and win clients with free planning tools.
OTH Hotels Resorts (OTH), a Virginia-based hospitality ownership and management company with an asset portfolio valued at more than $775 million, has appointed James Hansen as the company’s new chief development officer. Prior to Hotel Equities, he served as VP, sales & marketing and asset manager for Kolter Hospitality.
Ashford Hospitality Trust Inc. The sale is expected to be completed in March and is subject to normal closing conditions. The company provides no assurances that the sale will be completed on these terms or at all. This sale is an early step toward the recently announced plan to pay off our strategic financing.
Booking Engine integration to sell meeting rooms online via direct channels using a branded end-to-end salesprocess. For planners, the event booking process becomes as simple as booking a hotel room. To find out more about Amadeus, visit www.amadeus-hospitality.com.
This is truly a rare opportunity to own in the heart of the Whistler Village, steps away from Whistler Blackcomb, North Americas largest ski resort, says Curtis Gallagher, principal, VP, Canadian hospitality lead, Avison Young. The site is designated for up to eight storeys and zoned for tourist accommodation.
Unlike in other select markets throughout the Southeast, these hotels maintained a positive year-over-year revenue trend during the saleprocess which enhanced marketability and helped insulate the value from downward pressure driven by elevated cost of debt and insurance,” said Robert S. Hunter, SVP, Marcus & Millichap.
The importance of an online hotel booking engine is crucial to complete the saleprocess with your potential guests. It makes the reservation process a lot more seamless to have one as part of your own website and will as a result turn those potential guests into paying customers moreover driving direct bookings for the property.
. “Efficiency is a key factor in maximizing hotel group sales and meeting revenue,” said Ryan Hamilton, Co-founder of STS Cloud. “We designed STS Cloud to streamline every part of the salesprocess—from pipeline management and group block creation to event orders and digital contracts.
This simplifies the entire salesprocess and unlocks more revenue while allowing teams to focus on capturing larger deals. “At At Amadeus, we’re proud of our investment in this enhanced Delphi with new capabilities and a totally new look,” says Iain Saxton, Senior Vice President of On-Property Solutions, Hospitality, Amadeus.
The hotel salesprocess can be complex, but it doesn’t have to be mysterious. The InnSync Show’s Cory Falter recently chatted with Tammy Gillis, sales performance expert from Gillis Consulting and Training , Inc., Tammy says there are two distinct sales types: gathering and hunting. This is a big mistake.
At Asksuite, we’re always on the lookout for ways to enhance salesprocesses and support the hospitality industry. The new app facilitates synchronizing data between Asksuite’s platform and ZOHO CRM. It can streamline each property’s everyday activities. Let’s delve deeper? What’s the ZOHO CRM + Asksuite integration?
However, by using DISC and similar types of personality assessments , senior living sales leaders realize that the most successful professionals tend to be more aggressive. They are more likely to push the salesprocess forward and help sales leads to get off the fence. appeared first on Horizon Hospitality.
Strategies like data-driven marketing and finance, customer-focused salesprocesses, and wellness-oriented operations dominate current senior living trends. Meet the recruiting and client relations teams at Horizon Hospitality. appeared first on Horizon Hospitality. Contact our recruiting team today to learn more.
Yet as more of the hospitality industry begins to offer similar programs, competition will inevitably spur evolution within these programs. of event profs believe that loyalty programs for groups & meetings will be successful. For planners, that most likely means that the rewards will only get sweeter as time goes on.
Cory Falter recently had the opportunity to chat with Kristi White , Hospitality Leader & Consultant on the InnSync Show , about the rise of the non-professional meeting planner and what that means for hotel sales teams. “Have a way they can fill in a form if they need more information or book directly. That isn’t true.
Hotel management and development company Concord Hospitality is one of these companies which has integrated strategies across its departments to reduce its carbon footprint. Why is sustainability so important to the hospitality industry? Those core tenets of hospitality align with the tenets of what it means to be sustainable.
Does putting hospitality first still matter, or now is it something else entirely? Can you still actually influence your salesprocess the way you once did by simply being your awesome self? These relationships are the bread and butter of your sales pipeline, and your success. The answer? Donate Meals to a Local Shelter.
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