Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. The first-of-its-kind report draws on extensive data, research, as well as daily interactions with hostels around the world to share insights and trends in travel for 2024.

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Travel 52

Inn Quest

APRIL 5, 2023

It is a dynamic pricing strategy that allows hotels to offer competitive prices during low-occupancy periods while maximizing profits during high-demand periods. It enables hotels to achieve this goal by analyzing data such as occupancy rates, booking trends, and seasonal patterns to adjust prices and inventory.

Yield Management 88

Yield Management Management Occupancy Revenue 88

Hotel Business

AUGUST 9, 2023

“Our team is united in our focus on finding the right business, at the right time, at the right price point while continuing to shift market share away from our competition and providing service that is realizing strong customer retention,” said Fraser.

Market Share 52

Market Share Revenue Occupancy Hotels 52

Amadeus Hospitality

FEBRUARY 28, 2023

Today, hoteliers need access to comprehensive, forward-looking market insights to better understand and adapt to rapidly changing conditions. The access to forward-looking insights from Amadeus’ Demand360 solution will offer the opportunity to shift market share and grow Ascott’s business.

Business 59

Business Occupancy Revenue Market Share 59

Hotelier Magazine

MAY 16, 2023

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. Future product enhancements, which are expected to begin rolling out later this year, include portfolio-level benchmarking, monthly P&L, average-length-of-stay data and forward-looking occupancy.

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Hotel Business

OCTOBER 26, 2023

Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. leisure demand, and international occupancy continued to recover. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability. The company’s U.S.

Pipeline 64

Pipeline Market Share Revenue Branding 64

Cloudbeds

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

SiteMinder

OCTOBER 10, 2022

Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. 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.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Hotel Business

JANUARY 9, 2023

2022 has been a successful one for the hospitality industry, with hotel room occupancy surging near the record-high 2019 levels. 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. By Shilpan Patel.

Revenue 116

Revenue Services Occupancy Travel 116

Travel Media Group

MARCH 16, 2022

Host Ryan Embree discusses how hotels can position themselves to capture market share and secure bookings from both engaged couples and wedding guests. Ryan Embree: Welcome to Suite Spot where hoteliers check in and we check out what's trending in hotel marketing. And it's having a huge impact on occupancy. Listen now!

Digital Marketing 52

Digital Marketing Market Share Hotels Occupancy 52

Amadeus Hospitality

MAY 7, 2023

By leveraging proprietary data along with insights from Amadeus’ partner network, customers – including many prominent hospitality brands in major markets such as the H-Hotels group – are able to make better informed decisions and drive better performance.

Market Share 52

Market Share Travel Market Marketing 52

Amadeus Hospitality

JUNE 27, 2023

The Index also includes filters to view top event market segments and industries booking group events, allowing hoteliers and DMO/CVBs to closely track trends and adapt their business strategies accordingly.

Business 52

Business Hospitality Events Average Daily Rate 52

Boutique Hotel News

APRIL 18, 2023

AI can help analyse data in real time and factor in a wide range of variables such as occupancy rates, weather, time of year, the impact of major events and more – and adjust prices accordingly to maximise occupancy rates. Perhaps that could be a revenue management solution to increase occupancy rates and optimise revenue.

Hospitality 52

Hospitality Revenue Management Occupancy Revenue 52

Xotels

AUGUST 15, 2022

Incorporate channel distribution costs like travel agent commission, agency fees and marketing investments, payroll for sales, marketing, and reservation, to determine the true net value of each segment. I have to share with you a funny story to budgeting with you. I have to share with you a funny story to budgeting with you.

Hotels 59

Hotels Market Marketing ROI 59

eZee Absolute

SEPTEMBER 27, 2023

Conduct thorough market research to understand their preferences, needs, and pain points. Identify your competitor’s strengths and weaknesses to identify gaps in the market that your hotel can fill. But, to make it effective, you need to integrate it into all aspects of your hotel’s marketing and operations.

Market 52

Market Marketing Market Research Hotels 52

Hotel Business

AUGUST 8, 2023

Travel demand is very healthy, with RevPAR improving year-on-year across all our markets and exceeding 2019 pre-pandemic peaks for four consecutive quarters. market alone. Brand highlights Luxury & Lifestyle IHG is successfully driving growth and market share in the higher fee per key Luxury & Lifestyle segment.

Branding 98

Branding Pipeline Scale Resorts 98

Xotels

APRIL 3, 2024

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Always be ready to shift to any unexpected changes – being agile is what gets you ahead of the competition and allows you to be a market leader. Always keep an eye on emerging markets.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Catala Consulting

AUGUST 30, 2022

SWOT is a TOOL that helps hotel owners access favourable business opportunities in the context of market trends and get better insights into those areas needing adjustments and improvement. Every hotel has its own business mission, essential marketing, and unique selling proposition.

Hotels 52

Hotels Average Daily Rate Revenue Business 52

SiteMinder

MAY 18, 2022

The goal is to generate the best possible revenue, to further expand market share and to position the property optimally through price.”. In addition, more occupancy does not necessarily result in more revenue. Taking a holistic approach also means looking at processes within the hotel, as well as the tech stack.”.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

Catala Consulting

JULY 13, 2022

Further examples of variable costs include utility cost, marketing and distribution, Floral arrangement, housekeeping supplies, hourly labour, credit card commissions and other payment processing charges, hotel management software fees, food and beverage inventory, linens, cleaning materials, toiletries marketing, and distribution cost.

Operations 52

Operations Hotels Revenue Revenue Management 52

Bookassist

NOVEMBER 4, 2022

Joanna] The primary thing is that it shows to Polish hotels that we are a verified, trusted partner for hotels on the market. Joanna] Despite hoteliers’ concerns at the start of the year, the number of bookings and occupancy rates during this summer in Poland were actually at a reasonable level. It’s all about results!

Market 52

Market Marketing Management OTA 52

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Ultimately, prioritising achieving a fair share of direct sales empowers hotels to establish stronger control over guest data to increase profitability, and maintain autonomy over their brand image and customer experience.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelier Magazine

APRIL 4, 2024

CBRE’s Canadian Hotel Industry Outlook Report (Q3 2023) projects strong and stable occupancy and Revenue Per Available Room (RevPAR) growth for the Canadian hotel industry through to 2027. Occupancy is projected to remain at a profitable 66 to 68 per cent, with RevPAR growing to $140 by 2027.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

Hotel Speak

FEBRUARY 26, 2024

Unplanned overbookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024. With demand relatively flat, hotels will need to focus efforts on growing market share and RevPAR.

Average Daily Rate 86

Average Daily Rate OTA Overbooking Travel 86

Hotelogix

OCTOBER 14, 2023

Hotel KPI or Hotel Key Performance Indicator is the value that can be measured and which lets you set a standard to measure the success rate of your hotel business as to how is it faring in the market. These KPIs range from the daily operations to financial performance to sales and marketing and customer service.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

Hotel Business

MARCH 6, 2023

Rate Insight+ offers hoteliers a comprehensive view of competitive short-term rental and hotel pricing in their specific market, providing crucial data to enable better pricing decisions based on demand, occupancy, and rates in their market, according to the company.

OTA 59

OTA Market Share Occupancy Market 59

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

Travel Media Group

MARCH 1, 2023

Join Suite Spot Host and Marketing Director Ryan Embree as he sits down with TMG Chief Technology Officer, Jason Lee, to discuss the new integration of Instagram Reels into the OneView platform. Ryan Embree: Welcome to Suite Spot, where hoteliers check-in and we check-out what’s trending in hotel marketing.

Hotels 52

Hotels Travel Market Marketing 52

Travel Media Group

JULY 19, 2023

Podcast host Ryan Embree welcomes the newest addition to the TMG Hospitality Trailblazers series, Mauri Berry, Vice President of Marketing & Digital Strategy at Remington Hospitality! Ryan Embree: Welcome to Suite Spot, where hoteliers check-in and we check out what’s trending in hotel marketing. So happy to be here.

Hospitality 73

Hospitality Market Marketing Business 73

Travel Media Group

FEBRUARY 8, 2023

Ryan Embree: Welcome to Suite Spot, where hoteliers check-in and we check out what’s trending in hotel marketing. And before I knew it, he was asking me to pay the real estate taxes and come up with a sales and marketing plan. So a lot of opportunity out there for occupancy for sure. I’m your host, Ryan Embree.

Hospitality 52

Hospitality Travel Market Marketing 52

Travel Media Group

SEPTEMBER 6, 2023

Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what’s trending in hotel marketing. Stuff like that is when your occupancy reaches a hundred percent mark or, or it starts to approach that you are utilizing your entire facility at a degree that you probably weren’t before.

Travel 77

Travel Services Occupancy Market 77

Travel Media Group

JULY 6, 2023

Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what’s trending in hotel marketing. We need to go after the marketing degrees, the business degrees and show that there is a real clear cut career path. So again, huge opportunity here for hoteliers to go in there, start marketing and advertising this.

Hospitality 72

Hospitality Travel Events Occupancy 72

Travel Media Group

OCTOBER 26, 2022

Marketing Director and Host of the Suite Spot Ryan Embree sits down with a very special guest, Chief Operating Officer of Davidson Hospitality Group, Pete Sams! Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what’s trending in hotel marketing. I’m your host, Ryan Embree.

Hospitality 52

Hospitality Market Marketing Operations 52

Travel Media Group

DECEMBER 21, 2022

Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what’s trending in hotel marketing. We do this once a year because it’s, we are in an industry and we work in digital marketing, which is constantly evolving in 2020, 2021, 2022. Before republishing quotes, we ask that you reference the audio.

Events 52

Events Travel Market Marketing 52

Travel Media Group

JANUARY 16, 2024

In this installment, viewers will get a clear breakdown of what makes Aperture Hotels so unique and a one-of-a-kind hotel brand, along with a plethora of information covering some of the most pressing topics in hospitality and hotel digital marketing. Tune in now! Episode Transcript Our podcast is produced as an audio resource.

Hospitality 52

Hospitality Digital Marketing Management Market 52

Travel Media Group

AUGUST 24, 2022

Ryan Embree: Welcome to the Suite Spot where hoteliers check in and we check out what’s trending in hotel marketing. You know, we started this podcast, this digital marketing podcast back in 2018. We covered a lot of topics when it comes to hotel digital marketing. I’m your host, Ryan Embree. Hello everyone.

Travel 52

Travel Digital Marketing Market Marketing 52