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As a newcomer to the competitive Greek resortmarket, 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
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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.
Sydney, Australia SiteMinder, the worlds leading hotel distribution and revenue platform, has again dominated at the 2025 HotelTechAwards with its sustained leadership in hotel eCommerce and servicing the modern needs of hoteliers. It is used by 2.5
Hotel management firm Stonebridge has appointed David Wahba as VP, sales luxury, lifestyle and resort. Lauderdale, The Ritz-Carlton Orlando, Grande Lakes and Westin Resort, Aruba. Wahba has more than 25 years of experience in the hospitality industry. ” Look for more on Stonebridge in the April issue of Hotel Business.
investors can generate revenue to offset some of their carry costs. In many parts of North America, its becoming rare for developers to exclude branded residences or condo-hotel residences in a resort development. The demand for branded residences extends to non-resort urban markets, particularly U.S. gateway cities.
However, as a seasoned hotel revenue management consulting and hotel management company , we have seen that this is where most entrepreneurs get stuck. Maximize Your Hotel Revenue Uncover the hidden revenue potential of your hotel or resort. Revenue management : What pricing and yield techniques will you use?
At the Wyndham Hotels & Resorts Global Conference, held at Caesars Forum in Las Vegas, President/CEO Geoff Ballotti talked about how the company has changed since it first went public seven years ago. Our Days Inn brand has improved from 110% to 120% in fair marketshare. Nobody really knew who Wyndham was, Ballotti said.
DALLAS, TexasOmni Hotels & Resortsannounced the appointment of Adam Hayashi as its Chief Revenue Officer. Hayashiwill be responsible for helping Omni achievestrategic goals related to maximizing topline revenue performance and capturing more marketshare.
Tonetto previously held several senior commercial roles with Starwood Hotels and Resorts and Marriot International across Asia, Australia, and the Pacific region. She returned to Australia in late 2022 after a 7-year tenure in Macau, as the General Manager Sales and Marketing for Sheraton Grand Macao and The St.
We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.
Hayashi will be responsible for helping Omni achieve strategic goals related to maximizing topline revenue performance and capturing greater marketshare.
Revenue management consultancy firm ELEVAT3 has launched a new sales & marketing division to provide tailored branding solutions for hoteliers, naming industry veteran Beth Barris as EVP, sales & marketing to lead the new offering.
Remaining relevant to guests is key, and those that don’t are at risk of losing marketshare. As Dimitris Manikis, president and managing director EMEA of Wyndham Hotels and Resorts, said recently : “ You have to evolve with a business… consumers two-and-a-half years ago are different from today.”
Hospitality management, acquisition and development company PCH Hotels & Resorts has expanded its services to include third-party hotel management services for additional ownership groups. ” With 200 years of combined operational experience, PCH leaders have been involved with more than 500 properties, according to the company.
In HM ’ s 2024-2025 Hotel Development Outlook, EVT Director of Hotels and Resorts, Norman Arundel, talks flexible management models, responding to market shifts and managing volatility. We consistently match, and often exceed marketshare and guest satisfaction standards set by global hospitality businesses.
He began his career with Marriott International in 2002 as a General Manager in Le Meridien Commodore Beirut and he has since led the hotel teams at The Westin Resort Guam, W Hong Kong, St. Pro-invest bolsters sales and revenue capabilites Pro-invest Group has appointed new leaders across sales, revenue and commercial performance.
The experienced marketing professional will be responsible for driving strategic marketing and innovation across the group’s 47 hotels in the ANZP region – encompassing 16 brands in six countries – working closely with hotel teams. years as Director of Marketing.
The American Hotel & Lodging Association also estimates 2022 hotel room revenue of $188.4 billion, which surpasses 2019 revenue. Acting sustainably helps hotels not only drive revenue, but can also help reduce operational expenses. Shilpan Patel serves as EVP, North America operations, Wyndham Hotels & Resorts.
Hotel management company EOS Hospitality has appointed Nicole Di Maio-Kennedy as VP, revenue maximization. In this role, she will spearhead the company’s revenue management strategies, driving profitability and marketshare growth across EOS’ portfolio.
First Hospitality , a national hotel operating, management and development company, has appointed Nadia Panasyuk to VP, revenue strategy. She leads the area revenue team, supporting all 70-plus properties in the First Hospitality portfolio.
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Strebel, a two-time CEO, was the chairman of Omni Hotels & Resorts in his last role, providing strategic counsel to the company before serving as the company’s former president, chief marketing officer and SVP, sales.
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She was previously chief revenue officer for the New York-based hospitality company, which owns and operates 26 hotels in the U.S. Loews Hotels & Co has promoted Monica Xuereb to the role of chief commercial officer (CCO). and Canada.
Hospitality investment and management company HEI Hotels & Resorts has promoted Jeremy See to the role of chief commercial officer. 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.
As such, hospitality brands have an incredible opportunity to capture this consumer marketshare by partnering with independent hotels and growing their global portfolio in places not previously considered. More travelers are looking for luxury hotels in remote destinations and all-inclusive resorts have returned in popularity.
Tonetto previously held several senior commercial roles with Starwood Hotels and Resorts and Marriot International across Asia, Australia, and the Pacific region. She returned to Australia in late 2022 after a 7-year tenure in Macau, as the General Manager Sales and Marketing for Sheraton Grand Macao and The St.
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Pivot , the lifestyle operating vertical of Davidson Hospitality Group , has been selected by Kushner Companies to operate the Wave Resort and The Bungalow. Located in Pier Village in Long Branch, NJ along the iconic boardwalk, the 67-room Wave Resort features an oceanfront pool deck; Wave Resort Spa and fitness center; 7,000 sq.
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Wyndham Hotels & Resorts , for the third quarter ended Sept. Our economy brands gained marketshare domestically amidst a backdrop of normalizing U.S. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability.
Wyndham Hotels & Resorts , for the three months ended Sept. which increased 10% YOY Development pipeline grew 1% sequentially and 5% YOY to a record 248,000 rooms Ancillary revenues increased 8% compared to third-quarter 2023. and 7% growth internationally. Net income was $102 million, a 1% decrease over the prior-year quarter.
Google is taking the hotel industry by storm to gain marketshare 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. The Gloves are Off.
Resorts were the only location type to register RevPAR gains in February. Resorts outperformed all other location types, posting the only gain, up 0.9% Elevated costs meant total revenue growth failed to translate into profits. Food for thought Short-term rentals continued to take marketshare in February.
Ryan and Anne give tips on how to modernize your B&B’s marketing strategy and optimize your property’s presence online. They share several examples of how to leverage websites, social media, and online reputation in order to gain marketshare and grow online revenue.
“This creates greater economies of scale for our owners, as well as the ability to share relevant best market practices for our regional and general managers, all ultimately providing better financial results and stronger guest satisfaction scores. Taylor Hall was named VP, operations. Andrew Reichert was named SVP, hotel accounting.
Get a clear overview of what drove revenues each day. Perform displacement calculations on all segments, channels, and accounts to uncover hidden revenue potential. So we are working with many different hoteliers, and in this case, it pertains to the management of a resort. You will start seeing a clear shift already.
. "The advantage of home-grown mid-segment brands is their ability to deliver customized services instantly based on guest needs," notes Akanksha Garg, Founder Director of Waxpol Hotels & Resorts. This localized approach enhances the guest experience and builds lasting relationships with customers.
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In fact, a strong brand can increase revenue by up to 23%. A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and marketshare. Less Spends on Advertising : Promotions are made much easier by niche marketing. A strong hotel brand is the cornerstone of enduring success.
“We bring value to an asset by leveraging our team’s extensive market knowledge, industry connections, and expertise in operational and financial management. These regions offer strong growth potential due to their economic diversity, thriving tourism sectors and strategic importance in both domestic and international travel markets.
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