This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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
Gain access to every major GDS network with SiteMinder With the help of SiteMinder, you can connect your hotel to all the industrys major GDS vendors Travelport, Sabre and Amadeus to generate more visibility, bookings and revenue than ever before. What is the marketshare of Travelport GDS? Who uses Travelport GDS software?
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. This enabled direct bookings to be taken online at any time of day. It really is a team effort.”
Whether it's business travelers seeking efficiency, luxury seekers craving unique experiences, or budget-conscious families planning their vacations, each group has distinct needs and preferences that present unique revenue opportunities.
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.
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.
Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. We are thrilled to welcome Dean to the team, said BWH Hotels Australasia Managing Director, Rod Munro.
More Revenue: Discover fresh ways to boost your earnings. It applies historical data and machine learning algorithms to predict booking patterns, seasonal demand, and potential revenue opportunities. Revenue Management Figuring out room prices can be tough. Smoother Operations: Spot and fix problems in your work process.
For instance, One King West Hotel & Residence boosted revenue per booking by 57%, showcasing the power of our Digital Media Solutions. Fiji Airways used GDS advertising to reverse a late-2023 marketshare decline, gaining a 1-2 percentage point increase in 2024. For airlines, results have been equally impressive.
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
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.
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.
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?
We’re committed to empowering this vital lodging segment with the data, insights, and tools they need to capture marketshare and thrive in 2025. This could indicate travelers increased confidence in sharing spaces. To download a free copy of Cloudbeds 2025 State of Hostels report, visit [link].
.” 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.”
In this role, Wiersma reports directly to Marci Jacobs, VP, sales and revenue generation, and works with property-level sales and operational leaders within her portfolio of responsibility. She supports her hotels in developing and converting revenue opportunities in the group, negotiated and event segments.
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?
Faced with persistent labor shortages, increased price sensitivity from travelers, and a rising marketshare for branded hotels which now represent 72% of all US hotels independent operators must sharpen their strategies to stay ahead. The findings reveal 2025 is set to be the year of optimizing performance for independent hoteliers.
Faced with persistent labor shortages, increased price sensitivity from travelers and a rising marketshare for branded hotelswhich now represent 72% of all U.S. hotelsindependent operators must sharpen their strategies to stay ahead.
investors can generate revenue to offset some of their carry costs. In the condo-hotel context, the developer, in its capacity as hotel owner, may receive services fees to compensate for administering the rental program and a split of some percentage of the net revenues from the nightly rentals of branded residences.
“Whats driving our successin both good times and bad, whether revenues are rising or fallingis how well our brands are performing compared to the competition. 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.
Dreamscape Hospitality has appointed Angela Englett as VP, revenue management. 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.
Germantown, TN- based McNeill Hotel Company recently named Vanessa Gillman to the position of corporate director, revenue. In this role, she reports directly to Marci Jacobs, VP, sales and revenue generation, McNeill Hotel Company, and works closely with corporate and regional teams involved in revenue management.
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.
To stay ahead, hotels must evolve from basic room revenue management to a more comprehensive, profit-oriented approach that encompasses all revenue streams and considers the profitability of each customer segment. This blog will outline three critical steps to achieve profit-oriented revenue management.
In the perpetual quest to achieve greater marketshare, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help. The post How to use hotel data to drive revenue appeared first on Revinate.
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 marketshare and operating efficiency.
The leading cloud-based hospitality solution specialist STAAH has partnered with Revnomix Solutions LLP, a seven-year-old revenue management firm with a Global presence, which provides revenue management services to hotels. The present marketshare of internet retail trade is in excess of 25%, compared to only 12% in the pre-Covid era.
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.
Remaining relevant to guests is key, and those that don’t are at risk of losing marketshare. Day-use services and memberships provide additional ancillary revenue streams especially important given the decline in business travel. The post Building customer relevance to grow marketshare appeared first on Boutique Hotel News.
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.
Hayashi will be responsible for helping Omni achieve strategic goals related to maximizing topline revenue performance and capturing greater marketshare.
The process builds up a defensible marketshare, pushes up RevPAR, and reduces the overall cost of acquisition. In this The post 10 Hotel Rewards Programs to Maximize Revenue & Guest Loyalty appeared first on Revfine.com.
Revenue Risks: When your dream client waits too long to make some necessary change, one of the risks is lost revenue. The revenue they lost was not unsubstantial, but when you look at through the lens of lifetime value, it was enormous. MarketShare Risks: Slow movers can lose marketshare.
July 3, 2024— DerbySoft , specialists in high-performance distribution services, announced a new partnership with IDeaS , a SAS company, provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.
In this new role, Tonetto will spearhead the delivery of Hilton’s commercial performance in the Australasia region, driving the development and implementation of strategies to optimise revenue. We are thrilled to welcome Daniella to the Australasia leadership team,” said Hilton Area Vice President and Head of Australasia, Paul Hutton.
Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. This shift requires a comprehensive approach integrating cost control, strategic marketing, and top-notch guest services. Read Also: What is Dynamic Pricing in Hotels?
As tech-savvy travelers increasingly choose hotels that cater to their digital needs, the writing is on the wall: those who resist change risk losing marketshare and revenue to more forward-thinking competitors.
We consistently match, and often exceed marketshare and guest satisfaction standards set by global hospitality businesses. Having local decision makers enables us to quickly respond to market shifts and stay ahead of the innovation curve, which will become increasingly important in the year ahead with continued market volatility.
XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.
Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. In this article, we explore what ARI is and how to use it to improve revenue performance. What is the average rate index (ARI)?
Some hoteliers and owners want to beat the market. They are not satisfied with their fair share of the market. Instead, they want to steal marketshare to increase their profits and give the owners a higher return on investment. The big question is how you beat the market.
Cheney joined the company in 2007 and served as a GM at multiple assets from Alaska to Colorado before joining the corporate team in 2011 as director of revenue management. In his new role, he will oversee all aspects of the company’s top-line operations, including revenue management, sales & marketing and digital strategy.
It provides the following management services: hotel operations, food & beverage management, revenue management, spa operations, capital budget management, accounting services, human resources and IT services.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content