Remove Market Share Remove Real Estate Remove Revenue Management
article thumbnail

The exciting world of total revenue generation

Hotel Business

This environment includes continued real estate development with new brands and robust growth in asset classes as varied as economy extended-stay and boutique luxury, all of which brings new competition for room nights and rate setting. I cross-trained in revenue management, switched back and forth. I understand.

Revenue 52
article thumbnail

Hotel Business Plan

Xotels

However, as a seasoned hotel revenue management consulting and hotel management company , we have seen that this is where most entrepreneurs get stuck. For example in the case of Qbic Hotels “Moving modular hotels into under-utilized real-estate to reduce build-out cost and time.” What makes you stand out?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Auro Hotels Acquires Courtyard by Marriott Orlando Airport

Lodging

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.

article thumbnail

Resolute Road expands leadership team

Hotel Business

Boise, ID-based management company Resolute Road Hospitality has expanded its leadership team with the additions of Sergio Cardenas as corporate director of sales and revenue management and Amanda Schaus as chief legal officer. Cardenas joins the team with more than 32 years of experience in the hospitality industry.

article thumbnail

HEI promotes Jeremy See to CCO

Hotel Business

“Jeremy is a remarkable strategist who has led HEI’s revenue management organization to the pinnacle of the industry,” stated Anthony Rutledge, CEO/managing partner, HEI Hotels & Resorts. His roles over the past 12 years have included regional VP of revenue and later SVP of revenue management, a title he has held since 2020.

article thumbnail

REIT Alert: Website Valuation for Hotel Investors

Travelboom Marketing

Hospitality Real Estate Investment Trusts (REIT) – not something of huge concern for hotel digital marketers. During onboarding, a hotel sales manager would also learn the same fundamentals for the hotels in their compset, as well as comparable properties in the overall market. Should it be?