Hotel Management

SEPTEMBER 25, 2024

TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands. The post Exclusive: TFE signs five New Zealand properties with Heritage Hotels appeared first on Hotel Management.

Global Distribution System

SiteMinder

OCTOBER 29, 2024

What is a property management business plan? A property management business plan is a document created by property managers or business owners to outline strategies and goals for managing and growing a property management company. Table of contents How important is a property management business plan?

Business

Hotel Management

DECEMBER 20, 2023

A lot of the target [market] was around project-focused corporate opportunity. The post Exclusive: Veriu Group CEO talks Collingwood success, mixed-use developments, office conversions and more appeared first on Hotel Management. Is it mostly corporate guests or are you seeing much on the leisure side? It is a mix.

Construction

STAAH

OCTOBER 15, 2024

As technology continues to advance, hotels have transformed the way they manage daily tasks and interact with guests. Property Management System (PMS) A Property Management System (PMS) is the heart of hotel operations, handling everything from reservations and check-ins to billing and room assignments.

Operations

Hotelogix

OCTOBER 4, 2024

In today’s competitive hospitality industry, managing bookings efficiently can make or break a hotel's success. For small and mid-size hotels, having the right OTA ( Online Travel Agencies ) channel manager is critical. What is a Channel Manager? 

OTA

Hotel Business

MARCH 1, 2024

Knowland’s recent meeting planner survey revealed that groups are more likely to relocate events to alternative markets than move down in chain scale to reduce costs. This indicates an opportunity for non-hotel venues to compete more strategically for group business.

Events

Catala Consulting

DECEMBER 28, 2023

Just as scientists hypothesize and experiment to understand phenomena, hoteliers can implement similar methodologies to test new ideas, services, or processes on a small scale before full implementation. The ability to quickly adapt and respond to market changes can set a hotel apart in a competitive market.

Management

Hotel Business

APRIL 4, 2024

They will know where you stayed the last time, and what chain scale you stayed at. ” Trivedi noted that AI-driven platforms like Google’s new search experience gives hoteliers the opportunity to “know your guest up close and personal, and you can do targeted marketing.”

Target Marketing

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations

Hotel Business

SEPTEMBER 26, 2023

citizenM has appointed Rani Gharbie as managing director, investment & development for the Americas. My goal is for my team to profitably scale our portfolio across key target markets.” Gharbie will spearhead citizenM’s initiative to actively grow its Americas portfolio.

Real Estate

SiteMinder

JANUARY 8, 2024

What is hotel management? Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities.

Operations

STAAH

OCTOBER 15, 2024

As technology continues to advance, hotels have transformed the way they manage daily tasks and interact with guests. Property Management System (PMS) A Property Management System (PMS) is the heart of hotel operations, handling everything from reservations and check-ins to billing and room assignments.

Overbooking

SiteMinder

DECEMBER 9, 2024

SiteMinders channel manager has streamlined our bookings and inventory management. Its especially improved efficiency, since it allows us to manage four properties at once by eliminating manual updates. Scalability: Consider how easy each system is to scale across multiple sites.

Hotels

SiteMinder

MARCH 13, 2025

It will give you key details such as risks, development costs, potential revenue, preferred target markets, competitor analysis and more. Xotels : Provides hotel management and consulting services, including feasibility studies. However, you should approach the exercise knowing that its an investment.

Average Daily Rate

Cloudbeds

MARCH 15, 2023

Most properties use a channel manager to share their inventory to keep all their channels, rates, and rooms in one place. Leverage digital marketing This is where boosting direct sales can get a bit tricky. Instead of relying on OTAs for their marketing muscle, you’ll have to run hotel marketing campaigns yourself.

OTA

MediaBoom

AUGUST 6, 2024

By developing detailed guest personas, you can better understand your target market and make informed decisions about your hotel’s branding and marketing strategies. Secure your exclusive, free consultation with our luxury marketing experts today. A guest persona is a fictional representation of your ideal customer.

Branding

SiteMinder

OCTOBER 10, 2022

That being said, they all follow a similar system, with one star being the most basic type of accommodation and five star being on the luxury end of the scale. Classification of hotels on the basis of ownership or management. Another way to distinguish between different kinds of hotels is by the types of hotel management.

Services

SiteMinder

NOVEMBER 22, 2023

Any sensible hotel manager will be using events to inform their rates and their website content. Each type of event brings its own unique vibe and set of requirements, and understanding these differences is key to successful management and hosting. Learn more What does an event manager in a hotel do?

Events

SiteMinder

OCTOBER 11, 2022

Technology in the hotel industry continues to advance at a rapid pace and hotel property management software (PMS) remains essential for hoteliers looking to improve how they run their business. The key to reaping the benefits of an effective hotel management software system is to select the right one for your property.

Hotels

MediaBoom

APRIL 24, 2023

So, excellent marketing strategies manage to not only reach their audience but also successfully find a way to emotionally appeal to them. What is the Target Market for Luxury Vehicles? The target audience for luxury markets focuses on people between the ages of 25-44 years old. To learn more, keep reading!

Marketing

SiteMinder

AUGUST 29, 2023

For many hotel managers, hotel costs are a constant bugbear, requiring regular review and re-evaluation to avoid unnecessary and inefficient drain on the bottom line. Effective management of these costs, through energy-saving initiatives or strategic vendor partnerships, for instance, can significantly impact the hotel’s bottom line.

Revenue

Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. As Dimitris Manikis, president and managing director EMEA of Wyndham Hotels and Resorts, said recently : “ You have to evolve with a business… consumers two-and-a-half years ago are different from today.”

Market Share

Travel Media Group

JULY 19, 2023

We’re heating up a very, very busy summer season, but I am very excited about our guest because she’s got some exciting news about a chapter for definitely a hospitality trailblazer management company out there, Remington Hospitality. I did leave Marriott after almost 14 years and went to a hotel management company.

Hospitality

Little Hotelier

JULY 5, 2023

Making sure guests can find and book your property easily, and that you can perform all your admin tasks simply, requires Airbnb management software. Having an Airbnb is certainly a profitable business investment for many, and can be for you if you create a solid business plan and set up good management practices.

Accommodation

MediaBoom

AUGUST 23, 2023

Many website managers struggle with integrating video content as a standard component of their site content workflow. This is because it employs a color that contrasts that of the homepage’s color scheme while managing to fit in with the overall website design. The site also makes it obvious where the main navigation is.

Services

MediaBoom

MARCH 14, 2024

This includes claiming your Google My Business listing, managing online reviews, and ensuring your hotel’s name, address, and phone number (NAP) are consistent across the web. Here’s why reputation management should be a priority and how it can significantly impact your success.

Digital Marketing

Hotelogix

OCTOBER 18, 2023

  As technology continues to reshape the hospitality landscape, the importance of an effective reservation system cannot be overstated—it's the key to unlocking efficiency and excellence in modern hotel management. This leads to better utilization of room inventory and maximizes occupancy rates.

Business

Cloudbeds

FEBRUARY 7, 2023

You should be able to easily find this data in your property management system (PMS). A metric derived from the guest survey question, “On a scale between 0 and 10, how likely are you to recommend us to a friend or colleague?” Flag reservations so hotel management and staff know when they’re arriving and can greet them by name.

Travel

eZee Absolute

JUNE 27, 2024

Demonstrate the value proposition to guests before scaling up. Market Understanding and Guest Education: Many of your guests are likely unfamiliar with NFTs. Consider investing in educating them about the value and benefits of NFTs through targeted marketing campaigns, workshops, or informative materials.

Hotels

SiteMinder

OCTOBER 10, 2022

The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. An STR report is just one piece of the puzzle when it comes to managing your hotel effectively and ensuring your long-term success.

Average Daily Rate

Hotelier Magazine

MARCH 11, 2024

Darlene Grant Fiander: As the re-building from COVID continues, the top challenges for Nova Scotia businesses have been ongoing recovery, debt management, access to capital, attraction and retention of labour especially senior level, and accessing affordable insurance. AB: What were the top challenges your association members faced in 2023?

Tourism

MediaBoom

MAY 27, 2024

If you work in the aviation industry, you might be wondering if having a comprehensive email marketing strategy can provide your company with new opportunities and better customer retention. The main costs are typically associated with content creation and list management.

Email Marketing

Little Hotelier

MAY 18, 2023

Hotel sales is about managing the process of attracting, engaging, and converting guests into paying customers. It includes various strategies and tactics around marketing, winning reservations, providing incredible guest experiences, and encouraging repeat business. Does the font scale properly? What is hotel sales?

Hotel Sales