Lodging
APRIL 30, 2025
NEWTON, MassachusettsSonesta International Hotels Corporation (Sonesta) announced the extension of its long-standing Master Franchise Agreement with GHL Hoteles (GHL) through 2034. This extension supports Sonesta’s strategy to deepen market penetration through both conversions and new builds.
SiteMinder
AUGUST 5, 2025
What is hotel terminology? Hotel terminology is the specialised vocabulary and shorthand that hospitality professionals use to describe rooms, rates, technology, and performance metrics. Table of contents Why is hotel terminology important for hoteliers? Learn more What abbreviations should you know?
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Hotelogix
APRIL 30, 2025
So, whether it is assessing yourself through a RevPAR formula or scoring yourself as an ADR hotel, you may have often wondered if these are enough and what those key performance metrics are that you must weigh your business on. Include these hotel industry KPIs today and see a definite growth.
Cloudbeds
JULY 4, 2024
Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. Calculating ARI requires hotels to collect detailed room performance data. The other two indicators are MPI (market penetration index) and RGI (revenue generated index).
Hotel Speak
MAY 14, 2024
The acquisition bolsters the presence of Mews in Germany, bringing significant market penetration of Mews in the market. The acquisition comes as more hotels adopt cloud technology, where Mews has grown its customer base by 93% as the post-pandemic digitalization in Germany gathers pace.
Hotel Designs
SEPTEMBER 19, 2023
Hotel Designs Breaking news: Villeroy & Boch takes over Ideal Standard Breaking news: Villeroy & Boch takes over Ideal Standard Joining the ranks of Europe’s biggest manufacturers of bathroom products, Villeroy & Boch AG has signed binding agreements to acquire operating companies in the Ideal Standard Group.
Hotel Business
SEPTEMBER 17, 2024
Omni Hotels & Resorts has appointed Annette Bales as VP, sales. Her key responsibilities include increasing revenues through enhanced market penetration, optimizing revenue performance at all Omni-operated properties and ensuring all strategic sales practices align with the brand’s overall business objectives.
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