Hotel Business

MARCH 22, 2023

We have a proven record of value enhancement through portfolio-wide gains in market share, outperforming gross operating profit margins, quick property turnarounds and engaged team members, producing outsized returns for our partners and investors.

Management 52

Management Market Share Scale Hotels 52

Hotelier Magazine

MAY 16, 2023

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. This software is built to evolve and scale with new data sets and property types.” “STR

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Hotel Business

MARCH 28, 2023

HVMG outpaced the industry in RevPAR growth during 2022, as same-store market share grew 6.9%, capping off the company’s eighth straight year of positive consolidated Index growth, the company reports. That outperformance has continued into 2023 with same-store RevPAR growth forecasted to increase 30% over 2022 in the first quarter.

Forecasting 105

Forecasting Market Share Management Scale 105

Hotel Business

MARCH 26, 2024

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.

General Manager 59

General Manager Sales Hotels Operations 59

Hotel Business

AUGUST 8, 2023

Conversions represent a major growth opportunity for us, generating around 40% of first-half openings and signings globally, and we see an increasing desire from owners to quickly realize the benefits of IHG’s scale and strong enterprise. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”

Branding 98

Branding Pipeline Scale Resorts 98

Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. The post Building customer relevance to grow market share appeared first on Boutique Hotel News. As a result, properties face the challenge of a dapt ing their strategies to match these changing behaviours.

Market Share 52

Market Share Market Marketing Ancillary Revenue 52

Travel Media Group

JUNE 12, 2019

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 market share and grow online revenue. I am your host, Ryan Embree.

Market 52

Market Marketing Market Share Marketing Strategy 52

Hotel Business

JANUARY 9, 2023

We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. segments combined.

Revenue 116

Revenue Services Occupancy Travel 116

Hotel Management

JANUARY 8, 2024

Neerav Gorasia Pro-invest Group is also scaling up its Revenue Centre capabilities to support all 32 Pro-invest Group and Vista Hospitality Group hotels and restaurants, through sales, marketing, and revenue management.

General Manager 148

General Manager Sales Revenue Revenue Management 148

Amadeus Hospitality

NOVEMBER 28, 2023

In addition to protecting existing corporate business, using a business intelligence tool like Amadeus’ Agency360+ will help you identify other companies booking into your market and competitive set, so you can strategically target them to shift market share and develop new partnerships.

Sales 52

Sales Hotel Sales Cancellation Events 52

Anthony Iannarino

JULY 24, 2019

Marketing promotes the business, helps position offerings, and advertises. Marketing creates awareness and helps leverage what makes your company different, something it can achieve at scale and a distance. It does the work that makes it easier for salespeople to develop and win new opportunities. What Salespeople Do.

Sales 101

Sales Market Marketing Scale 101

Hotel Business

DECEMBER 18, 2023

provider of hotel franchise services in the chainscales that serve middle-income guests—economy and midscale—with more than 55% market share in each, resulting in significant uncertainty as to whether the FTC or courts would ever clear the transaction. Choice’s offer would create the largest U.S.

Ancillary Revenue 59

Ancillary Revenue Business Closing Branding 59

Boutique Hotel News

APRIL 18, 2023

Those global solutions can be tailored to each customer’s specific environment, such as regional characteristics and scale of the property. It has helped Yanolja Cloud rapidly increase its market share, growing from 39,000 licenses in 2019 to more than 80,000 today.

Hospitality 52

Hospitality Revenue Management Occupancy Revenue 52

Hotelier Magazine

SEPTEMBER 26, 2023

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

Hospitality 98

Hospitality OTA Market Share Scale 98

SiteMinder

MAY 18, 2022

It’s a full scale business that keeps Markus busy, however he still relishes the chance to get away from the desk, keeping an adventurous spirit and a passion for travel alive. “I The goal is to generate the best possible revenue, to further expand market share and to position the property optimally through price.”.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

SiteMinder

OCTOBER 10, 2022

The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. is a hotel analytics company founded in 1985 as Smith Travel Research.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

MediaBoom

JULY 19, 2023

It has focused on targeted marketing on various platforms, including papers and billboards, to grab the attention of a broader clientele. Rewards program: Skywards If you’re in the aviation business and aiming to increase your market share, link with Mediaboom; we can do a 180 on your business strategy as we did for GuardianJet.

Branding 56

Branding Travel Services Target Marketing 56

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

Anthony Iannarino

AUGUST 26, 2020

Many of us in sales have long ago recognized that the glut of suppliers shifted some power to buyers due to so many companies competing for their business and market share. Improving how you sell makes it easier to scale up results, and leaving salespeople without the tools they need ensures you struggle and prevent better results.

Sales 131

Sales Closing B2B Market Share 131

Hotel Speak

MARCH 13, 2024

In 2022, global spend on distribution services reached over $2 trillion , highlighting the massive scale and importance of optimizing distribution operations. Expanded market reach & revenue growth: Unique distribution strategies help businesses access new geographical territories, demographics, and partnerships.

Global Distribution System 79

Global Distribution System Retail Shopping Consumer 79

Travel Media Group

OCTOBER 26, 2022

Which is, again, a, a historic asset, a flagship for Omni Hotels, substantial size, scope, scale, and again, had wonderful experience of leading that team for a number of years. There was able to parlay that into an opportunity to lead our hotel at the Shoreham in Washington D.C. So in a lot of ways it’s validation.

Hospitality 52

Hospitality Market Marketing Operations 52

gcommerce

MARCH 20, 2023

Indeed we believe that this change presents a tremendous opportunity for smart hotels to gain market share and win new customers, in large part because many in our industry will be caught flat-footed. They’ll continue their marketing behaviors unchanged while wondering why they’re getting their butts kicked all of a sudden.

Digital Marketing 66

Digital Marketing Market Marketing Business 66

Little Hotelier

NOVEMBER 8, 2023

This Little Hotelier review demonstrates how the all-in-one hotel software strives to be a product that grows with its customers so that it’s easier for them to scale their business successfully. For the past three years, they have been awarding our cloud-based hotel management system with their highest honour, the Market Leader.

Accommodation 52

Accommodation Business Operations Management 52

Travel Media Group

JANUARY 16, 2024

Uh, so from a priority standpoint, it’s always staying focused on revenue enhancement with the primary measure being, you know, market share changes, right? Making sure that we shape all the things that we do in our business around those clear set of priorities is important and a very strong culture.

Hospitality 52

Hospitality Digital Marketing Management Market 52

Travel Media Group

JULY 19, 2023

So hotel type deployment, independent lifestyle versus branded by geography in addition to those front of house strategists that really get to know the hotels, the markets and the unique segment priorities and business needs at the hotels. We also have a back of house digital operations team. So that’s part of, of the, the science.

Hospitality 75

Hospitality Market Marketing Business 75