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The Starwood founder warns that nimble upstarts will steal their marketshare one social media post at a time. Skift Take: Barry Sternlicht sees trouble brewing for big hotel chains. Read the Complete Story On Skift
To keep up with these ongoing changes and be able to increase bookings and visitors throughout the year, travel businesses need to implement smart marketing strategies. Fiji Airways used GDS advertising to reverse a late-2023 marketshare decline, gaining a 1-2 percentage point increase in 2024. Thats where we come in.
Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions? The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape.
This demonstrates the companys commitment to staying at the leading edge of a very competitive GDS market, ensuring a secure, robust and future-ready platform. What is the marketshare of Travelport GDS? This extensive reach can significantly increase your hotels visibility in international markets.
Bagley brings nearly 20 years of experience in the tourism and hospitality industry, spanning business development, product development, and B2B marketing. At Kelsian Group, he played a key role in tourism product development understanding customer needs and developing market-driven products.
Established in 2016, RevenYou is a specialist consultancy firm supporting accommodation businesses across Australia, New Zealand, and the Pacific with revenue management, sales, marketing, and systems integration. Let’s look at five examples. Professional relationships were absolutely essential to making this a success,” said Tamie.
Marriott International has appointed Carolina Voullieme as multi-property director, sales and marketing, overseeing both the Aruba Marriott Resort & Stellaris Casino and the Grand Cayman Marriott Resort. ” The post Marriott names Carolina Voullieme multi-property director, sales and marketing appeared first on hotelbusiness.com.
This isn't just a theory; it directly affects your revenue, profitability, and marketshare. Winning demands data-driven decisions integrated across your commercial teams and, crucially, forward-looking. The gap between data-savvy hotels and those using outdated methods is growing fast.
Why Hotel Business Intelligence Matters In today's tough market, you can't just guess. Marketing Hotel business intelligence lets you aim your marketing better. It gathers data from different places, analyses it , and shows it in a way that's easy to grasp. This helps you make smart choices about your hotel.
Chambers will also continue to lead the HVMG Revenue Excellence team in maximizing marketshare growth and leading the team to deliver revenue strategies, systems and processes to above-property operations team members, hotel teams and hotel owners. He has been a contributor, mentor and leader throughout our organization.
“Our unique positioning has enabled us to outperform our peers, gain marketshare and emerge stronger even in periods of economic uncertainty. million, representing diluted earnings per share (EPS) of $0.94, a 52% increase compared to the same period of 2024.
As a newcomer to the competitive Greek resort market, Ella Resorts understood from the outset the importance of embedding a data-driven revenue strategy to support its rapid growth and diverse property portfolio. Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex
Additionally, SiteMinder has been named the top finalist in the category of Rate Shopping & Market Intelligence, for the real-time intelligence it provides to hotels, as well as Best Hotel Management System for Little Hotelier, the companys all-in-one solution for small accommodation providers. It is used by 2.5
hoteliers are navigating challenges in marketshare growth due to the absence of a national tourism strategy and the rapid evolution of digital technologies.
” The CEO added that the company’s diverse brand portfolio, strong marketshare and vast global network of owners and partners have positioned Accor well for continued success. ” Accor is poised to capitalize on this growth, particularly in emerging markets. market has its unique challenges.
It has allowed us to add another exceptional hotel to our portfolio and grow in the Nevada market.” ” Short-term, ownership has tasked MJH with increasing marketshare, RevPAR, and profitability.
Under his leadership, his portfolio consistently exceeded marketshare targets, achieved significant revenue gains and secured high-value accounts that enhanced long-term financial performance, according to the company. Matlock most recently served as regional VP, operations at Aimbridge Hospitality, where he spent the past 11 years.
The State of Hostels report offers a snapshot of travel patterns operators can expect this year, along with strategies to optimize performance in a challenging and unpredictable market. We’re committed to empowering this vital lodging segment with the data, insights, and tools they need to capture marketshare and thrive in 2025.
STR share of total demand increased again in May to 13.9% STRs demand increased 6.0%, well above the 0.3% contraction in traditional hotel demand. compared with 13.2% in 2024.
Key takeaways Googleâ¯Hotels erodes in EU marketshare : DMA-driven changes and AI Overviews have eroded Googleâs dominanceâat least marginallyâopening opportunities for OTAs to recapture traffic.
Industry Analysis Information on the current industry trends and the current state of the market and how this will impact your hotel. Customer Analysis In-depth information on your target market, including geographic, demographic, socioeconomic, psychographic, and behavioural segmentation details. How will your direct marketing work?
.” Wahba said, “I look forward to contributing to the company’s growth by leveraging my experience in luxury, lifestyle and resort properties to drive revenue and marketshare. We will build on Stonebridge’s impressive portfolio and create memorable guest experiences while achieving business success.”
Driving these trends along in good measure are the technological advances that impact every facet of hospitality, including sales, marketing and revenue generation. This embrace of a no silos approach is meant to help answer that pressing question: How do we maintain marketshare despite all of the changes in the industry?
She advises operational teams on revenue forecasts and long-term sales strategies and supports the hotels in efforts to grow marketshare. She supports her hotels in developing and converting revenue opportunities in the group, negotiated and event segments. She has more than 15 years of experience in the hospitality industry.
How can travel companies fully capitalize on the burgeoning attraction economy? Despite significant growth potential, a critical infrastructure gap persists. According to recent industry research, connectivity remains an ongoing challenge for large and enterprise visitor attractions, as well as for resellers.
The demand for branded residences extends to non-resort urban markets, particularly U.S. According to data from Savills, Dubai is currently the most active market for the development of hospitality-branded residences, followed by Miami, New York, Phuket and London. gateway cities. Attorney Michael J.
This growth is fueled in large part by the companys gains in the upscale and upper-upscale segments, which encompass hotel brand debuts in new markets across Canada, the Caribbean, Latin America, Europe, China and Australia. Choice will also enter new markets in the region this year.
Our Days Inn brand has improved from 110% to 120% in fair marketshare. Echo Suites by Wyndham is helping us enter new segments and markets. New initiatives The company laid out more than half a dozen new initiatives spanning technology, sourcing, loyalty and marketing. La Quinta is trending at its highest levels ever.
Key Components of an SEO Audit A comprehensive SEO audit, especially one conducted by digital marketing agencies , has various interconnected components of a website to provide a 360-degree view of search engine optimization tactics’ performance. The search engine here is Google because it alone has a marketshare of 90.15%.
A hospitality veteran with more than two decades of experience, she brings a strong track record of driving profitability, optimizing channel mix and increasing marketshare across diverse hotel portfolios, according to the company. Dreamscape Hospitality has appointed Angela Englett as VP, revenue management.
She will play a key role in market analysis and identify trends and marketshare. She will also work closely with the companys e-commerce/digital marketing department to facilitate strategic plans for individual properties, while analyzing and capitalizing on channel distribution.
Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain marketshare in a post-pandemic world when an economic recession is causing guests to become more cautious of where and when they spend their money and time. The good news is that they continue to spend.
Faced with persistent labor shortages, increased price sensitivity from travelers, and a rising marketshare for branded hotelswhich now represent 72 percent of all U.S. The findings reveal 2025 is set to be the year of optimizing performance for independent hoteliers.
Skift Take: The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
Hayashiwill be responsible for helping Omni achievestrategic goals related to maximizing topline revenue performance and capturing more marketshare. DALLAS, TexasOmni Hotels & Resortsannounced the appointment of Adam Hayashi as its Chief Revenue Officer. He will report directly to Jeff Doane, Omnis Chief Commercial Officer.
Skift Take: If stiff regulation doesn't get in the way, it is very likely that short-term rentals will take a chunk of marketshare from hotels. That's why you'll see more hotels getting into the vacation rental biz. Dennis Schaal Read the Complete Story On Skift
Points range from the performance of their loyalty programs to how they're taking marketshare. 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
Skift Take: In the battle between Tripadvisor/Viator and GetYourGuide, the winner is — offline experiences, which have more than 90 percent marketshare. That spells big opportunities for both of these companies. Dennis Schaal Read the Complete Story On Skift
Skift Take: Taipei-based tours and activities operator KKday wants to grow its marketshare, but with it comes delivery challenges beyond the sector's offline fragmentation. Selene Brophy Read the Complete Story On Skift
Skift Take: As it seeks to deepen its marketshare and broaden its portfolio, Brigade Hotel's IPO plans highlights not just the company’s growth potential, but also the broader optimism surrounding India’s hospitality industry. Peden Doma Bhutia Read the Complete Story On Skift
Skift Take: Marriott sees Homes & Villas as a key part of keeping its customers happy to grow its loyalty marketshare, as opposed to dominating the short-term rental market. Selene Brophy Read the Complete Story On Skift
Its ability to overhaul operations, modernize services, and win back marketshare 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
Skift Take: The hotel brands have largely captured marketshare 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
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