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 272

Operations Market Share Travel Market 272

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 244

Revenue Market Share OTA Hotels 244

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 58

Market Share Occupancy Market Marketing 58

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 265

Market Share Market Marketing Travel 265

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 152

Market Share Operations Market Marketing 152

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 203

Market Share Revenue Business Services 203

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 252

Market Share Market Marketing Hospitality 252

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 246

Revenue Management Revenue Management Market Share 246

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 153

Market Share Hotels Market Marketing 153

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 Market Marketing 49

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 231

Market Share Revenue Market Marketing 231

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 Market Marketing 52

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 246

Market Share Operations Market Marketing 246

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 258

Branding Market Share Hotels Market 258

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 241

Market Share Tourism Market Marketing 241

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 Market Marketing 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 Market Marketing 130

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

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 189

Market Share Market Marketing Hospitality 189

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 189

Revenue Management Revenue Management Market Share 189

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 Market 246

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 Market Marketing 162

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

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 257

Market Share Resorts Branding Business 257

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 Market 147

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 208

Real Estate Market Share Market Marketing 208

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 244

Market Share Scale Operations Market 244

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 Hotels 173

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

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 174

Market Share Market Marketing 174

Hospitality Net

APRIL 11, 2023

Online travel agencies are taking back some of the distribution market share they lost to hotel chains during the years leading up to the pandemic, as companies such as Expedia Group and Priceline parent Booking Holdings have ramped up marketing investment and product improvements to sell more room nights to prospective U.S.

Market Share 184

Market Share Travel Market Marketing 184

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 Market 130

Hospitality Net

APRIL 12, 2024

These projects will continue to encourage existing properties to innovate and update to keep market share. New growth is forecasted for indoor and outdoor waterparks in 2024 as several large-scale projects will open that will alter the waterpark landscape.

Forecasting 130

Forecasting Market Share Scale Operations 130

Hospitality Net

MARCH 11, 2024

billion in transactions, representing a global market share of 25% of all hotel investment deals. JLL (NYSE: JLL) has regained its ranking as the leading hotel investment advisory firm globally for 2023, as based on total investment volumes in the asset class.

Market Share 113

Market Share Hotels Operations Business 113

Skift Blog

AUGUST 1, 2023

Skift Take: The tours, activities & experiences market is a lucrative and under-explored opportunity in the travel industry.

Market Share 130

Market Share Market Marketing Travel 130

Skift Blog

JULY 10, 2023

Skift Take: TUI might be well-known for its package tours, but the operator remains intent on maximizing the cross-sell of dynamic pricing and standalone booking components to grow its market share. Selene Brophy Read the Complete Story On Skift

Market 100

Market Marketing Intent Market Share 100

Hospitality Tech

JUNE 12, 2024

In this excerpt from the MURTEC 2024, Courtney Maxedon, vp of interactive marketing, shares how Kahala Brands handles customer preferences and the associated data.

Market Share 52

Market Share Branding Market Marketing 52