Hotel Business

NOVEMBER 29, 2023

In October, Omnitrak’s Travel Market Penetration Index edged downward to 98.7 The slowdown in October travel market penetration aligned closely with 2022 levels, pulling the numbers below the usual summer-to-fall seasonal changes in travel demand,” said Chris Kam, president/COO, Omnitrak. According to Omnitrak , U.S.

Market Penetration 64

Market Penetration Travel Forecasting Closing 64

Hotel Business

AUGUST 29, 2023

households traveling domestically increased slightly in July 2023, as the Omnitrak Travel Market Penetration Index inched upwards to 123.2, While international destinations are once again on the radars of U.S. travelers, the number of U.S. slightly higher than June 2022 (121.0), and relatively even with June 2023 (123.4) index levels.

Market Penetration 52

Market Penetration Travel Tourism Closing 52

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.

Market Penetration 83

Market Penetration Operations Hospitality Market 83

Hotel Business

JANUARY 24, 2023

According to 2023 predictions from wireless infrastructure analysts Maravedis, WiFi 6 will continue its fast market penetration due to its ability to “deliver significant KPI improvements, particularly high throughput, reduced latency and better performance in crowded environments.”

Market Penetration 52

Market Penetration KPI Market Marketing 52

Hotel Designs

SEPTEMBER 19, 2023

Ideal Standard’s manufacturing base in the fittings business, expertise in the project business and strong market positions in the UK, MENA and Italy will grant Villeroy & Boch improved market penetration and coverage of specific regions and product segments.

Market Penetration 105

Market Penetration Branding Sales Business 105

SiteMinder

OCTOBER 9, 2023

MPI – Market penetration index is a way to directly compare yourself with your competitors. This is calculated by: your occupancy rate / market occupancy rate x 100. A healthy occupancy rate is certainly an indicator of success but is much too general to rely on.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

SiteMinder

JUNE 2, 2022

MPI – Market penetration index is a way to directly compare yourself with your competitors. This is calculated by: your occupancy rate / market occupancy rate x 100. A healthy occupancy rate is certainly an indicator of success but is much too general to rely on.

KPI 52

KPI Revenue Occupancy Hotels 52