Skift Blog

SEPTEMBER 17, 2024

Its ability to overhaul operations, modernize services, and win back market share will determine whether it can compete effectively against heavyweights like Emirates and the ever-dominant Indigo. Peden Doma Bhutia Read the Complete Story On Skift

Market Share 245

Market Share Services Operations Marketing 245

Hospitality Net

OCTOBER 3, 2024

By leveraging data in key areas, hoteliers will streamline operations, reduce costs, and drive market share. Nearly 75% of hoteliers report using some form of data analytics to drive decision-making processes, according to a recent Hospitality Technology study.

Operations 162

Operations Market Share Hotels Hospitality 162

Lodging

SEPTEMBER 10, 2024

This acquisition underscores our continued appetite for transactions that offer strong growth potential in both market share and asset value,” said Mehul Patel, managing partner and CEO, NewcrestImage.

Market Share 264

Market Share Marketing Market Management 264

Hospitality Net

AUGUST 8, 2024

What I caution from the start, though, is that this is an arms race; if every hospitality brand is gunning for improved market share or ADR growth by ramping up their personalization, then you can’t rest on your laurels. And rightfully so, as there’s a ton that hotels can and should be doing to enhance the guest experience.

Market Share 238

Market Share Branding Hospitality Marketing 238

Skift Blog

FEBRUARY 14, 2024

Points range from the performance of their loyalty programs to how they're taking market share. Skift Take: A dozen things jumped out at Skift when looking at Marriott and Hilton's annual financial filings. Sean O'Neill Read the Complete Story On Skift

Market Share 296

Market Share Marketing Market Hotels 296

Skift Blog

NOVEMBER 15, 2023

Skift Take: Taipei-based tours and activities operator KKday wants to grow its market share, but with it comes delivery challenges beyond the sector's offline fragmentation. Selene Brophy Read the Complete Story On Skift

Operations 299

Operations Market Share Travel Marketing 299

Skift Blog

JULY 4, 2023

Skift Take: In the battle between Tripadvisor/Viator and GetYourGuide, the winner is — offline experiences, which have more than 90 percent market share. That spells big opportunities for both of these companies. Dennis Schaal Read the Complete Story On Skift

Market Share 288

Market Share Marketing Market Travel 288

Skift Blog

APRIL 25, 2024

Skift Take: Despite having the largest market share in India and a fleet size of 350 jets, the low-cost carrier has only operated narrow-body aircraft. Bulbul Dhawan Read the Complete Story On Skift

Market Share 179

Market Share Operations Marketing Market 179

Hospitality Net

NOVEMBER 9, 2023

In the perpetual quest to achieve greater market share, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help.

Revenue 228

Revenue Market Share OTA Hotels 228

Skift Blog

JUNE 7, 2023

Skift Take: Marriott sees Homes & Villas as a key part of keeping its customers happy to grow its loyalty market share, as opposed to dominating the short-term rental market. Selene Brophy Read the Complete Story On Skift

Market Share 261

Market Share Marketing Market Hospitality 261

Hotel News Resource

JULY 15, 2024

In May, short-term rentals continued to take share from hotels, with demand growing 13% compared with a 1.5% increase in hotel demand. While RevPAR growth for STRs was positive, up 4.2%, occupancy has dropped to below pre-pandemic levels as supply growth has continued to increase.

Market Share 73

Market Share Occupancy Marketing Market 73

Skift Blog

MARCH 17, 2023

Skift Take: The hotel brands have largely captured market share in the upscale segment and are now expanding their portfolios into the relatively un-penetrated luxury and midscale/premium economy space that offer the greatest opportunity for further branded share gains. Pranavi Agarwal Read the Complete Story On Skift

Branding 276

Branding Market Share Hotels Marketing 276

Belza

MAY 15, 2022

While wireless Internet access became available in the late 1990s, it wasn't until a few years after the turn of the millennium did it resurfaced and gained traction and popularity. Devices like the Kindle e-reader, iPho.

Market Share 52

Market Share Hotel Marketing Marketing Market 52

Hospitality Net

AUGUST 24, 2023

By applying economic theory to this practice, hoteliers utilizing revenue management not only can optimize revenue generation, but also achieve economies of scale, earn market share, and foster long-term success.

Revenue Management 237

Revenue Management Revenue Management Market Share 237

Hospitality Today

JANUARY 25, 2024

The battle for direct bookings has entered a new phase as online travel agents ramp up efforts to establish ownership of hotel guests and their booking journeys

Market Share 49

Market Share OTA Marketing Market 49

Hospitality Net

MAY 2, 2023

IRIS, the leading provider of digital F&B and guest experience platforms, is set to increase its market share across China’s growing hospitality market. Today it announces a new partnership with Asia-based hospitality technology reseller MYM, utilising IRIS’s Chinese Azure cloud solution.

Market Share 238

Market Share Operations Marketing Market 238

Hospitality Net

MAY 22, 2024

It involves increasing an organization’s size - its market share, revenue, and headcount. Business leaders must approach the growth process with caution. However, it’s crucial to remember that bigger is not always better. Growing a business is a journey fraught with risks.

Market Share 197

Market Share Revenue Business Services 197

Skift Blog

MARCH 27, 2023

Skift Take: Despite the volatility of the past few years, China is on track to become the world’s largest tourism market by 2032. As domestic travel returns, Accor is gaining market share by accelerating growth and tailoring solutions for the Chinese market. Accor Group Read the Complete Story On Skift

Market Share 237

Market Share Tourism Marketing Market 237

Skift Blog

MARCH 29, 2023

Skift Take: TUI's ability to move beyond its safe middle-market playground through an expanded luxury offering came under the spotlight at the Skift Future of Lodging Forum. Ultimately, a brand's market share is way more than customer segments — it's really rooted in experience and value.

Branding 246

Branding Market Share Hospitality Marketing 246

Hotel News Resource

MARCH 12, 2024

Despite taking share from hotels, increasing supply has created occupancy headwinds for short term rentals causing RevPAR to contract 6.6%. Hotel demand fell 2.0% in January, while short-term rental demand rose 1.3%.

Market Share 75

Market Share Occupancy Marketing Market 75

Hospitality Net

MARCH 18, 2024

Mews, the industry-leading hospitality cloud with almost 20% market share in the Netherlands, has been chosen by Bastion Hotels, the most successful independently owned hotel chain in the Netherlands, to power their fast-growing collection of hotels.

Market Share 130

Market Share Hotels Marketing Market 130

Hospitality Net

JANUARY 7, 2024

However, the trend is shifting as hotels of all sizes increasingly embrace the outsourced revenue management model to enhance their revenue performance and market shares, without increasing their payroll costs.

Revenue Management 183

Revenue Management Revenue Management Market Share 183

Hospitality Net

APRIL 11, 2024

The power or AI; Machine learning and how it is imperative to maintain market share and profitability. Introduction - You have the best pricing strategy in place. You have even implemented pricing automation. Last edition we talked about it. Having a powerful RMS is not enough.

Market Share 196

Market Share Revenue Marketing Market 196

Hospitality Net

MAY 3, 2024

In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels.

Market Share 187

Market Share Marketing Market Hospitality 187

Lodging

MAY 23, 2024

In his new role, Wood is responsible for increasing market share in the United Kingdom and internationally. WorldVue announced the appointment of Dean Wood as senior director of sales and channel partners. Jensen has been in the hospitality industry for over 20 years.

General Manager 147

General Manager Market Share Resorts Sales 147

Lodging

FEBRUARY 5, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market,” shared Omer […] The post Fairmont New Orleans to Open in Summer 2025 appeared first on LODGING Magazine.

Market Share 182

Market Share Resorts Branding Business 182

Lodging

MARCH 29, 2024

The collaboration of these two solutions will enable sellers to work efficiently while making market share gains. ARLINGTON, Virginia—Knowland and Thynk announced a strategic partnership in which data from Thynk’s hospitality CRM solution will be integrated with Knowland’s meetings and events database.

Market Share 162

Market Share Events Marketing Market 162

Hospitality Net

APRIL 29, 2024

When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants.

Market Share 122

Market Share Hotels Marketing Market 122

Hospitality Net

DECEMBER 12, 2023

Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, showcased its dedication to helping customers increase revenue, expand market share, and adapt to shifting dynamics through innovative enhancements in services and data optimization in 2023.

Revenue 130

Revenue Market Share Hospitality Business 130

Lodging

JANUARY 9, 2024

This property acquisition adds to its base in the Orlando market, bringing the total to eight properties and 1,521 rooms. With ownership and operation in the Orlando Airport submarket since 1995, Auro is positioned to leverage its sales and revenue management teams to drive market share and operating efficiency.

Market Share 173

Market Share Revenue Management Operations Revenue 173

Lodging

APRIL 8, 2024

With new developments preparing to open, the company shared 11+ consecutive quarters of market share growth. BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii. portfolio.

Hospitality 147

Hospitality Market Share Resorts Marketing 147

Hospitality Net

APRIL 18, 2023

These projects will continue to encourage existing properties to innovate and update to keep market share. Several large-scale projects planned for 2023 and beyond will alter the waterpark landscape at both indoor and outdoor waterparks.

Market Share 229

Market Share Scale Operations Marketing 229

Hospitality Net

JANUARY 30, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market," shared Omer Acar, CEO, Fairmont Hotels & Resorts. The city emanates an undeniable energy, with incredible heritage and culture at its core, which is a perfect fit for the iconic Fairmont brand.

Market Share 230

Market Share Resorts Branding Business 230

Hospitality Today

SEPTEMBER 8, 2024

The OTA's European market share will come under pressure, with slower booking growth and higher marketing costs challenging earnings

Market Share 75

Market Share OTA Marketing Market 75

Hospitality Net

MAY 8, 2023

India’s amusement & theme parks industry is still nascent, accounting for only a minuscule global market share, however, demand in this segment is expected to increase in the future. Read on to know more.

Market Share 144

Market Share Marketing Market 144

Hospitality Net

MAY 3, 2023

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry.

Real Estate 166

Real Estate Market Share Marketing Market 166

Hospitality Net

MARCH 26, 2024

This year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent, reports a market share of 28% for Egypt and 71% for the Big 5 global chains.

Market Share 130

Market Share Pipeline Hotels Marketing 130