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Solid occupancy isnt enough anymore. While occupancy is still a core metric, relying on it too heavily can leave your property management business vulnerable to seasonal swings, economic uncertainty, and a volatile demand environment. Why You Cant Rely on Occupancy Alone First, lets state the obvious: you dont control demand.
Hoteliers are under mounting pressure to modernize operations and exceed increasingly sophisticated guest demands. In response, hotels are increasingly enhancing traditional hotel software systems by turning to AI agentstask-specific, autonomous systems that augment staff, streamline operations, and personalize the guest journey.
The aim is to generate a hotel return on investment (or hotel ROI); money that you can either reinvest in the business or extract as profit. A hotel investment that delivers the goods Little Hotelier’s all-in-one booking and hotel management software can deliver an incredible ROI for your small, independent hotel: up to 63x!
Combined with AI and other tech solutions, it drives higher bookings, operational efficiency, and personalized guest communication. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication.
Combined with AI and other tech solutions, it drives higher bookings, operational efficiency, and personalized guest communication. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication.
announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. announced its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals.
With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). If youre only using it to manage availability, you’re missing out on serious ROI. A drop below 30% occupancy? No more repetition.
has launched its new Nomadix Energy Management Solution that addresses the market need to reduce operational costs and reach sustainability goals. Energy management systems (EMS) are high-impact investments that deliver proven value and a measurable ROI. Nomadix Inc.
By utilizing the power of data, hotels can anticipate demand surges, optimize maintenance operations and enhance the guest experience. By analyzing booking patterns, guest behavior, and local events, hotels can anticipate occupancy rates and adjust strategies accordingly. Customized Offers : Align promotions with past behaviors.
WorldSafe’s findings are free of charge and allow hoteliers to focus on their responsibilities and day-to-day operations. Positive online reviews from this can boost occupancy rates and revenue. The post Web Exclusive: ROI of keeping employees safe appeared first on hotelbusiness.com.
Pricing optimisation: Setting the right prices to maximise revenue while maintaining occupancy. By partnering with an experienced revenue management company , hotels can: Reduce Costs: Identify areas for cost optimisation and implement strategies to increase operational efficiency. This is the moment when you ask yourself What is next?
The ROI of Wellness Innovation Investing in wellness technology not only enhances the guest experience but also delivers measurable returns. Offering high-tech wellness amenities can increase average daily rates (ADR), boost occupancy rates, and create positive word-of-mouth that drives long-term growth.
Occupancy has a strong foothold in the Canadian marketplace today, said Nguyen, forecasting that 2025 will be a year of moderation with limited room for occupancy growth and slower ADR momentum. Charania, operating within a family enterprise, is exploring partnerships to balance risk. She noted that while RevPAR growth was 4.5
In Booth #908 at the Indiana Convention Center, June 17 to 19, the audiovisual partners will show that with the right operational structure and support, in-house AV programs can deliver measurable ROI while strengthening guest loyalty. âBut whatâs often missed is how much of that hinges on audiovisual operations.
This comprehensive approach not only enhances operational efficiency but also fosters stronger guest relationships, driving long-term growth in a competitive landscape. Focus on segments showing both high spending patterns and consistent booking frequencies. Track performance metrics regularly and adjust allocations based on results.
Operating with increasingly tight margins, many hotels can no longer support loss-making business units, yet F&B remains a pivotal service for the industry. This highlights the need to ensure more intelligent cost controls across the business which improve profitability and drive operational efficiency.
âThe brand is backed by a world-class team, a strong operational foundation and a compelling vision for growth. announced the launch of PAR Engagement âa next-generation portfolio of engagement products purpose-built to help enterprise restaurants convert more guests, grow faster, and simplify operations.
It is a key indicator of a hotel’s performance as it measures both occupancy rates as well as average daily room rates. RevPAR = Average Daily Rate (ADR) x Occupancy Rate (%). Your average daily rate tells you the overall price you’re selling rooms at, while the occupancy rate measures how many of those rooms were full.
In an increasingly competitive market, evaluating performance through accurate hotel KPIs allows hoteliers to make proactive decisions that directly influence occupancy, guest satisfaction, and profitability. For example, a hotel with 100 operational rooms in a 30-day month has 3,000 available room nights.
and kitchen operations tech company QSR Automations LLC, announced their intention to merge. From ingredient ordering to food prep to timely order flow, restaurants will be able to accurately predict, plan, and execute operations more efficiently. The transaction is subject to customary closing conditions.
Skip to main content Subscribe Subscribe Restaurants Hotels RTN Research & Reports Events CX Point of Sale More Operations Data & Analytics News Briefs The Point Webinars HT Advisory Boards Advertise Contact Us Call for Speakers form News Briefs Most recent 6/9/2025 PAR Introduces Guest Engagement Cloud PAR Technology Corp.
But many hoteliers (both small and large) struggle with high operating costs. It is even more challenging for new hotel owners, as they do not yet know how to balance having a minimal operating cost and maximizing profit. The article contains a comprehensive breakdown of hotel operating expenses and how to cut them down.
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. We’re listening to hotel comments.
This unique and much lauded feature provides instantly lower operational costs, while âinstant power-upâ via remote control ensures minimal downtime during presentation. This eliminates the need for an external media player, saving on additional expense and energy, for maximum ROI.
Data analytics is the cornerstone of successful hotel operations. This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. Examples of advanced KPIs include revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR).
Mid-scale hotels âExpanding our mid-scale offering with the new R370 AP Featuring the AI-driven dual-band RUCKUS R370 solution, this option allows hotels to simplify operations and leapfrog technologies with the benefits of Wi-Fi 7. Improved single sign-on and multi-factor authentication adds layers of administrative security.
Imagine working in operations at some of the leading hotel companies in the world, and then having the chance to start all over with a blank canvas in a role leading operations for a new brand. It’s a fundamental principle that you have in every hotel operation. What would you do? Or the division between rooms and F&B.
Itâs a platform for entertainment and for delivering integrated services that reduce operating costs, simplify installations, and increase staff effectiveness. Once approved by LG, these services operate independently but harmoniously, unlocking new opportunities for cost savings, guest engagement, and streamlined operations.
Streamlines operations via self-onboarding Being listed in the OpenTable Integrations Marketplace allows hotel tech teams to activate the functionality quickly, reducing the time and cost of deployment. Her focus will center on increasing AUV for existing operators while strategically expanding the brands presence into new communities.
Skip to main content Subscribe Subscribe Restaurants Hotels RTN Research & Reports Events CX Point of Sale More Operations Data & Analytics News Briefs The Point Webinars HT Advisory Boards Advertise Contact Us Call for Speakers form News Briefs Most recent 6/16/2025 SynXis Concierge.AI âSabreâs SynXis Concierge.AI
âTogether, weâre bringing ancillary revenue into the digital core of hotel operations â where it belongs. With this integration, Infor and Plusgrade are not just enabling ancillary revenue â theyâre making it an intuitive part of modern hotel operations. a top performer in the restaurant industry.
The enhanced version of the âSkywayâ application provides hospitality, multifamily and senior living property managers with an easier way to monitor and maintain their propertyâs technology from a single portal, driving operational efficiency and improved guest experience. Ive been very impressed by how intuitive RUCKUS One is!
Controlling operating costs is one of the biggest challenges in hospitality. Understanding Hotel Operating Costs Running a hotel isn’t just about offering great service—it’s also about keeping a tight grip on operating expenses. They rise when occupancy is high and shrink during quieter times.
This extends the ROI of all your channels. Retargeting campaigns typically operate on a real-time bidding model, where your ad platform competes in auctions to show your ad. Cloudbeds Digital Marketing Suite: Retargeting built for hoteliers Running high-ROI retargeting ad campaigns is simple with the Cloudbeds Digital Marketing Suite.
AIâs ability to process vast amounts of data can lead to more dynamic pricing strategies, resulting in meaningful improvements to net operating income but independent hoteliers have long struggled with black-box pricing models that leave them guessing about the logic behind rate changes.
Gibbs also successfully navigated the Company through the COVID-19 pandemic and an increasingly complex operating environment, making Yum! Vingcardâs solution portfolio now features several distinct categories that are each tailored to specific hotel operational needs. a top performer in the restaurant industry.
How Hotel Bidding Models Operate There are two primary bidding structures: Name Your Price : Guests set their budget, and hotels match bids that meet internal thresholds. drop in occupancy nationwide. Hotel bidding platforms allow guests to propose their own room rates, with bookings confirmed if a hotel accepts the bid.
The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets. This three-month window is a critical phase for hoteliers, as it sets the financial and operational blueprint for the entire upcoming year. Here are the steps involved: 1. A note for seasonal hotels.
Occupancy, ADR and RevPAR rapidly declined. Beyond just setting targets and claiming values, successful companies will commit to changing their operations and strategy to lighten their footprint. ESG requires marketing, operations and managerial support, all of which rely upon data to make decisions.
Dynamic pricing in the hotel industry refers to tweaking room rates based on various factors such as demand, occupancy, seasonality, events, and even competitor pricing. increase occupancy, maximize revenue during peak times, etc.). Return on Investment : Assess the time frame within which you anticipate to start seeing ROI.
By Speleos Dravillas Despite a strong rebound in travel and room-night demand, gross operating profit (GOP) margins for select- and full-service hotels still haven’t returned to pre-pandemic levels. That means many properties are operating with fewer-than-ideal staff.
Rented’s revenue managers explain how to view your revenue management strategy not as a cost but as an investment, and how you can reinvest your time back into owner acquisition, operations, or other important facets of your business. His goals: ensure optimized pricing, increase occupancy, and grow overall revenue.
For hoteliers, this translates to more room-nights, improved occupancy during off-peak periods, and reduced reliance on OTAs. Allows Operational Efficiency Through Predictability Loyalty members provide a degree of booking predictability, allowing better demand forecasting and staffing decisions. A: Absolutely.
When asked to rate their top business objectives that are driving technology investment, 41% of hoteliers cited their desire to increase occupancy. Survey respondents also said data fragmentation (33%), data efficiency (32%), and data integrity (30%) are among the biggest challenges faced in business intelligence today.
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