Hotel News Resource

APRIL 29, 2024

When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants.

Market 80

Market Marketing Market Share Hotels 80

Hotel Management

JANUARY 16, 2024

First-time general manager Michelle Scott is flexing her sales and marketing skills to bring Marriott International’s ‘Wild Child’ Moxy to life in its first Australian hotel. The post Meet the marketer that’s steering Australia’s first Moxy hotel to success appeared first on Hotel Management.

Market 147

Market Marketing Occupancy Hotels 147

Skift Blog

FEBRUARY 14, 2024

Points range from the performance of their loyalty programs to how they're taking market share. Skift Take: A dozen things jumped out at Skift when looking at Marriott and Hilton's annual financial filings. Sean O'Neill Read the Complete Story On Skift

Market Share 285

Market Share Market Marketing Hotels 285

gcommerce

MAY 3, 2023

Key Performance Indicators, or KPIs, are the backbone of your hotel’s digital marketing. They inform decisions about marketing channels, help with campaign optimization, and, most importantly, let you measure the success of your marketing efforts. But how do you choose the right marketing KPIs for your hotel?

Market 97

Market Marketing Cost Per Click Digital Marketing 97

Hospitality Net

MAY 3, 2024

In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels. But what happens to a community when Airbnb comes to town?

Market Share 171

Market Share Market Marketing Hospitality 171

Skift Blog

APRIL 25, 2024

Skift Take: Despite having the largest market share in India and a fleet size of 350 jets, the low-cost carrier has only operated narrow-body aircraft. Bulbul Dhawan Read the Complete Story On Skift

Market Share 169

Market Share Operations Market Marketing 169

Hospitality Net

APRIL 29, 2024

When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants.

Market Share 111

Market Share Hotels Market Marketing 111

Skift Blog

NOVEMBER 15, 2023

Skift Take: Taipei-based tours and activities operator KKday wants to grow its market share, but with it comes delivery challenges beyond the sector's offline fragmentation. Selene Brophy Read the Complete Story On Skift

Operations 287

Operations Market Share Travel Market 287

Hotel Business

OCTOBER 27, 2023

Knowland , a provider of data-as-a-service insights on meetings and events for hospitality, has launched Market Segmentation, an add-on feature designed to help on-property sales teams better understand and target the right group segments booking in their market. 31 by reaching out to clientcare@knowland.com.

Market 59

Market Marketing Sales Market Share 59

Hotel Speak

MARCH 15, 2024

Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. Hilton CEO Chris Nassetta notes “We believe the addressable market for the Graduate brand is 400-500 hotels globally.” This news comes amidst a larger trend of consolidation within the hotel industry.

Scale 89

Scale Market Marketing Market Share 89

Skift Blog

JUNE 7, 2023

Skift Take: Marriott sees Homes & Villas as a key part of keeping its customers happy to grow its loyalty market share, as opposed to dominating the short-term rental market. Selene Brophy Read the Complete Story On Skift

Market Share 256

Market Share Market Marketing Hospitality 256

Skift Blog

JULY 4, 2023

Skift Take: In the battle between Tripadvisor/Viator and GetYourGuide, the winner is — offline experiences, which have more than 90 percent market share. That spells big opportunities for both of these companies. Dennis Schaal Read the Complete Story On Skift

Market Share 276

Market Share Market Marketing Travel 276

Hospitality Net

NOVEMBER 9, 2023

In the perpetual quest to achieve greater market share, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help.

Revenue 198

Revenue Market Share OTA Hotels 198

Hospitality Net

APRIL 11, 2024

The power or AI; Machine learning and how it is imperative to maintain market share and profitability. Introduction - You have the best pricing strategy in place. You have even implemented pricing automation. Last edition we talked about it. Having a powerful RMS is not enough.

Market Share 169

Market Share Revenue Market Marketing 169

Skift Blog

MARCH 27, 2023

Skift Take: Despite the volatility of the past few years, China is on track to become the world’s largest tourism market by 2032. As domestic travel returns, Accor is gaining market share by accelerating growth and tailoring solutions for the Chinese market. Accor Group Read the Complete Story On Skift

Market Share 235

Market Share Tourism Market Marketing 235

Hospitality Net

MAY 2, 2023

IRIS, the leading provider of digital F&B and guest experience platforms, is set to increase its market share across China’s growing hospitality market. Today it announces a new partnership with Asia-based hospitality technology reseller MYM, utilising IRIS’s Chinese Azure cloud solution.

Market Share 213

Market Share Operations Market Marketing 213

Skift Blog

MARCH 29, 2023

Skift Take: TUI's ability to move beyond its safe middle-market playground through an expanded luxury offering came under the spotlight at the Skift Future of Lodging Forum. Ultimately, a brand's market share is way more than customer segments — it's really rooted in experience and value.

Branding 246

Branding Market Share Hospitality Market 246

Hospitality Net

AUGUST 24, 2023

By applying economic theory to this practice, hoteliers utilizing revenue management not only can optimize revenue generation, but also achieve economies of scale, earn market share, and foster long-term success.

Revenue Management 210

Revenue Management Revenue Management Market Share 210

Hospitality Net

MARCH 18, 2024

Mews, the industry-leading hospitality cloud with almost 20% market share in the Netherlands, has been chosen by Bastion Hotels, the most successful independently owned hotel chain in the Netherlands, to power their fast-growing collection of hotels.

Market Share 130

Market Share Hotels Market Marketing 130

Skift Blog

MARCH 17, 2023

Skift Take: The hotel brands have largely captured market share in the upscale segment and are now expanding their portfolios into the relatively un-penetrated luxury and midscale/premium economy space that offer the greatest opportunity for further branded share gains. Pranavi Agarwal Read the Complete Story On Skift

Branding 269

Branding Market Share Hotels Market 269

Hospitality Today

JANUARY 25, 2024

The battle for direct bookings has entered a new phase as online travel agents ramp up efforts to establish ownership of hotel guests and their booking journeys

Market Share 49

Market Share OTA Market Marketing 49

Lodging

JANUARY 9, 2024

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.

Market Share 173

Market Share Revenue Management Hotels Operations 173

Hotel Management

DECEMBER 6, 2023

EVT is expanding its Hotels and Resorts portfolio to international markets with the signing of its first hotel management agreement in Asia. Coupled with our market leading capabilities, we can customise, innovate, and demonstrate above market results for partners. “We

Market Share 264

Market Share Hotels Resorts Market 264

Lodging

MARCH 29, 2024

The collaboration of these two solutions will enable sellers to work efficiently while making market share gains. ARLINGTON, Virginia—Knowland and Thynk announced a strategic partnership in which data from Thynk’s hospitality CRM solution will be integrated with Knowland’s meetings and events database.

Market Share 162

Market Share Events Market Marketing 162

Hotel News Resource

MARCH 12, 2024

Despite taking share from hotels, increasing supply has created occupancy headwinds for short term rentals causing RevPAR to contract 6.6%. Hotel demand fell 2.0% in January, while short-term rental demand rose 1.3%.

Market Share 75

Market Share Occupancy Market Marketing 75

Hospitality Net

MAY 3, 2023

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry.

Real Estate 149

Real Estate Market Share Market Marketing 149

Lodging

APRIL 8, 2024

With new developments preparing to open, the company shared 11+ consecutive quarters of market share growth. BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii. portfolio.

Hospitality 147

Hospitality Market Share Resorts Market 147

Hospitality Net

JANUARY 7, 2024

However, the trend is shifting as hotels of all sizes increasingly embrace the outsourced revenue management model to enhance their revenue performance and market shares, without increasing their payroll costs.

Revenue Management 164

Revenue Management Revenue Management Market Share 164

Hospitality Net

APRIL 12, 2024

In 2023, waterpark owners and operators saw a more competitive market as attendance levels remained similar to 2022 while ticket pricing growth was more subdued. These projects will continue to encourage existing properties to innovate and update to keep market share.

Forecasting 130

Forecasting Market Share Scale Operations 130

TravelNet

APRIL 25, 2024

Where we’ve been and where we’re at The short-term rental market has predictably cooled off from its extraordinary stretch a few years ago, but stability appears to be close at hand. But the market hasn’t cooled off as badly as you might think: The predicted recession never materialized, and US GDP is growing again.

Market 52

Market Marketing Occupancy Revenue 52

Belza

MAY 15, 2022

While wireless Internet access became available in the late 1990s, it wasn't until a few years after the turn of the millennium did it resurfaced and gained traction and popularity. Devices like the Kindle e-reader, iPho.

Market Share 52

Market Share Hotel Marketing Market Marketing 52

Lodging

FEBRUARY 5, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market,” shared Omer […] The post Fairmont New Orleans to Open in Summer 2025 appeared first on LODGING Magazine.

Market Share 182

Market Share Resorts Branding Business 182

MediaBoom

MAY 16, 2023

The mainstream luxury car market may appear stagnant, but it has a lot of promise—even at a time of job scarcity and high costs of living. So, by offering a high-value vehicle, seamless customer experience, and delivering on-demand services, you can stand apart from legacy brands and create a mark in the ever-evolving market.

Forecasting 52

Forecasting Market Marketing Digital Marketing 52

SiteMinder

FEBRUARY 8, 2024

According to Statista research , revenue in the Travel & Tourism market is projected to reach US$184.50bn in 2024. Meanwhile, the largest Travel & Tourism market is the Hotels market with a projected market volume of US$93.62bn in 2024. In population size, that market is made up of just over 300 million people.

Travel 52

Travel Market Marketing Tourism 52

Hospitality Net

JANUARY 30, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market," shared Omer Acar, CEO, Fairmont Hotels & Resorts. The city emanates an undeniable energy, with incredible heritage and culture at its core, which is a perfect fit for the iconic Fairmont brand.

Market Share 199

Market Share Resorts Branding Business 199

STAAH

SEPTEMBER 13, 2022

Keen to understand more on how you can optimise your content to harness the power of organic search and market yourself better? To gain market share. If you rank for these keywords, you will have more search impressions or market share, i.e. your brand will be more visible on Google Search. Why use Google Trends?

Hotel Marketing 73

Hotel Marketing Market Marketing Market Share 73

MediaBoom

NOVEMBER 16, 2023

A notable fact that underscores their enduring fascination is this: the luxury watch market, a world unto itself, boasts a staggering valuation of $6 billion worldwide. Within this exclusive realm, one name reigns supreme — Rolex, a timeless icon that commands a quarter of the total global luxury market share.

Branding 78

Branding Market Marketing Shopping 78