Xotels

AUGUST 15, 2022

Unfortunately, the average occupancy per person per room was actually 20% lower than normal, which made it impossible to reach the total revenue target, because the average room rate was totally off. Capturing more market share, or penetrating new markets was just not in their mindset. Email marketing.

Hotels 59

Hotels Market Marketing ROI 59

Catala Consulting

JULY 13, 2022

We wouldn’t advise eliminating or downsizing your marketing budget, as this can be disastrous. Instead, you can reduce the percentage you allocate to non-producing channels and reallocate resources to those channels that drive the high ROI.

Operations 52

Operations Hotels Revenue Revenue Management 52

Hotelier Magazine

APRIL 4, 2024

CBRE’s Canadian Hotel Industry Outlook Report (Q3 2023) projects strong and stable occupancy and Revenue Per Available Room (RevPAR) growth for the Canadian hotel industry through to 2027. Occupancy is projected to remain at a profitable 66 to 68 per cent, with RevPAR growing to $140 by 2027. We’re listening to hotel comments.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing. From Hotel Finder to GHA.

Hotels 52

Hotels Market Share OTA Cancellation 52

Travel Media Group

OCTOBER 26, 2022

What a difference the right management company can make in terms of performance and ultimately ROI. But at the same time, we continue to see that we have not scaled back in occupancy and what the premium that people will place on a great experience if you’re willing and able to deliver it. Ryan Embree: You’re right.

Hospitality 52

Hospitality Market Marketing Operations 52