Hotel Operations

APRIL 23, 2023

Josiah’s note: I recently spoke with Tamara about how her background in operations, marketing, and technology guides the way she runs her unique approach to boutique hotel management and operations. Although my focus was marketing, being a small company, I naturally overlapped into technology and operations.

Scale 52

Scale Management Hotels Operations 52

Amadeus Hospitality

SEPTEMBER 27, 2023

Originally published to the Amadeus newsroom 2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data September 27, 2023 – There is a sense of buoyancy in the global hospitality industry as we head into the fourth quarter of 2023.

Occupancy 120

Occupancy Hospitality Revenue Business 120

SiteMinder

JANUARY 8, 2024

Hotel management is the practice of overseeing every operation of the business to ensure consistent growth and development. Placing yourself on a scale of personal growth is especially important for a hotel manager. Learn more Different parts of hospitality management operations Hospitality is an umbrella term to many industries.

Operations 52

Operations Management OTA Hotels 52

Hotel Management

APRIL 23, 2024

Mardi Sparrow Having started her career in hotel operations, Sparrow’s first role in Human Resources was with the Sydney Organising Committee for the Olympic Games; she has also held Human Resources and L&D leadership positions for numerous global brands including Shangri-La, Radisson, and Raffles.

Revenue 147

Revenue Hotels Sales Management 147

Hotel Business

FEBRUARY 20, 2024

Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. vs 2022, 1 pt. rooms (275 hotels), +16% YoY (ex.

Pipeline 109

Pipeline Resorts Scale Occupancy 109

Hotel Business

JANUARY 18, 2024

Moderated by Glenn Haussman, founder/host, No Vacancy Live podcast, the panelists included Jeff Porterfield, SVP, client services/chief customer officer, Entegra; Natasha Scott, VP, operations performance and strategy, IHG Hotels & Resorts; Bryan P. Scott kicked it off with some opportunities she’s seeing for 2024 and for guests.

Occupancy 59

Occupancy Operations Services Scale 59

Hotel Business

MAY 3, 2024

Global occupancy moved up to 62% and ADR increased by a further 2% as pricing remained robust, reflecting the complete return of leisure, business and group travel.” The combined power of our platform and efficiency of our operating model will continue to drive IHG forward. Occupancy was 63.1%, down 1.1 YOY, with U.S.

Pipeline 64

Pipeline Occupancy Travel Branding 64

Hotel Management

DECEMBER 20, 2023

Veriu Group CEO, Zed Sanjana, and developer Tim Gurner are celebrating a successful first six months of Veriu Collingwood, with the apartment hotel garnering strong occupancy and room rates since opening. Then there’s a couple of shops on either side of our lobby which are intended for hospitality operators.

Construction 267

Construction Shopping Pipeline Occupancy 267

Little Hotelier

MARCH 10, 2024

Learn more Little Hotelier Little Hotelier is a management software crafted specifically for small-scale hotels, providing a comprehensive suite of tools to simplify daily operations and featuring a range of third-party integrations to enhance functionality.

Hotel Sales 52

Hotel Sales Sales Revenue Management Revenue 52

Hotelogix

FEBRUARY 13, 2024

Operating a large independent hotel with 200+ rooms, 4-5 in-house restaurants, a couple of gyms, spas, and gift shops is multifaceted, where precision, efficiency, and guest satisfaction are paramount. This orchestration minimizes human error and ensures smooth operational flows.

Management 59

Management Hotels Revenue Management Occupancy 59

SiteMinder

OCTOBER 26, 2023

But from a results perspective, the moment we switched on SiteMinder, our occupancy immediately shot up. We were struggling to reach that 95% occupancy threshold in those high-time periods, and then almost overnight we were at 95%.

Revenue Management 81

Revenue Management Revenue Resorts Management 81

Hotel Operations

APRIL 15, 2023

As we’re thinking about attracting people back to the hotel industry, it’s imperative that we lift our heads up and think about the scale of the impact and ripple effects hospitality has on the world. If you think about every aspect of the hotel operation, you see just how much the little things matter.

Scale 64

Scale Operations Hospitality Construction 64

STAAH

APRIL 16, 2024

An RMS should provide detailed insights into key performance metrics such as Room Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy rates, booking pace, and revenue forecasts. Advanced Analytics and Reporting: Comprehensive analytics and reporting capabilities are vital for informed decision-making.

Revenue Management 80

Revenue Management Revenue Management Forecasting 80

Hotelier Magazine

MAY 16, 2023

The first release of STR Benchmarking focuses on property-level data and analytics for hotel owners and operators with enhanced functionality built on the foundation of the renowned STAR Report. 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

JANUARY 9, 2023

2022 has been a successful one for the hospitality industry, with hotel room occupancy surging near the record-high 2019 levels. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. By Shilpan Patel. billion, which surpasses 2019 revenue. segments combined.

Revenue 116

Revenue Services Occupancy Travel 116

Cloudbeds

APRIL 30, 2024

Or you may have used a cost-plus pricing approach, whereby you calculated all fixed and variable costs associated with operating your hotel and subsequently appended the profit margin to this total cost by applying a markup to each room type. Maximizing occupancy. Price optimization helps manage occupancy levels. Usability.

Revenue Management 52

Revenue Management Revenue Occupancy Hotels 52

Hotel Management

OCTOBER 3, 2023

The Veriu Group is making its mark in Australia’s apartment hotel landscape with over 3,000 rooms operating across 21 sites and a further 17 sites in development across both the Veriu Hotels and Suites and Punthill Apartment Hotels brands. This has, in turn, created enormous opportunity for hotel conversion.

Scale 130

Scale Construction Average Daily Rate Hotels 130

eZee Absolute

AUGUST 22, 2023

As hoteliers, you constantly explore avenues to enhance guest experiences , streamline operations, and enrich your property’s standing. Whether you’re operating a boutique inn nestled in a town or a luxurious resort overlooking pristine beaches. MICE holds transformative potential for your establishment. Wondering how?

Tourism 52

Tourism Hospitality Events Occupancy 52

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

SiteMinder

OCTOBER 15, 2023

For example, in the morning you may have lower rates because your occupancy is low and demand is not strong. Dynamic pricing can be an important strategy for a hotel that’s looking to optimise occupancy and maximise profit. This will allow them to capitalise on opportunities to boost occupancy and/or maximise revenue.

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In Removal of 18,100 rooms (96 hotels); includes the impact of ceasing all operations in Russia, resulting in the removal of 6,500 rooms (28 hotels), equivalent to 0.7% for full-year 2022 vs. 2019. YOY Fee margin of 56.2%, +6.6%

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Catala Consulting

DECEMBER 28, 2023

In the hospitality industry, hoteliers are constantly seeking innovative strategies to enhance guest satisfaction, optimize operations, and boost revenue. To meet these evolving demands, hoteliers must adopt an innovative mindset, continuously seeking new ways to delight guests, improve operations and increase hotel performance.

Management 52

Management Revenue Management Revenue Hotels 52

SiteMinder

DECEMBER 1, 2022

Most hotels do not need a TV-show inspired ‘hotel inspector’ on their doorstep to transform their operations, but hotel leaders everywhere require help sometimes, even industry veterans. Operations analysis, (re)designing an optimally functioning servicescape and process improvement. New construction design. Strategic planning.

Hotels 59

Hotels Business Occupancy Hospitality 59

Hotel Speak

FEBRUARY 3, 2024

Upon closer viewing, there is a play in scale –a seemingly oversized watering can and garden rake reveals that the greenhouses could also possibly be the scale of a tabletop terrarium. Sustainability Efforts Energy-saving smart occupancy sensors are installed in the guests’ rooms as part of the energy conservation initiatives.

Real Estate 91

Real Estate Scale Accommodation Branding 91

Hotel Designs

AUGUST 29, 2023

Whether voice control becomes the norm is debatable, given the obvious privacy concerns, but there are solutions that provide this option if operators so wish. The number of technical systems that go into the operation of a hotel is vast. Technology can support a hotel’s efficiencies across all operations.

Hospitality 98

Hospitality Operations Travel Hotels 98

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

Hotelogix

OCTOBER 18, 2023

It's a comprehensive solution that empowers your hotel to optimize operations, deliver exceptional guest experiences, and thrive in a competitive industry.  👉At its core, a Hotel Reservation System centralizes and automates the booking process, simplifying guest interactions and hotel operations. 

Business 40

Business Global Distribution System Cancellation Hotels 40

SiteMinder

OCTOBER 10, 2022

As a hotel operator, you might have come across STR reports at one point or another. 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. But what are they all about? Index numbers in an STR report. STAR summary.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

SiteMinder

OCTOBER 9, 2022

Revenue managers continuously solve an ever-changing puzzle, where occupancy and ADR are two key pieces. Delivering day-to-day as well as promotional strategies in support of key revenue management metrics, such as ADR, RevPAR, occupancy and channel mix. External data is information that the hotel cannot generate themselves.

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

eZee Absolute

DECEMBER 7, 2023

I was wondering how come they have not been able to scale. If you aren’t aware of overbooking, it is a strategy used by revenue managers to acquire more reservations than the number of available rooms to achieve the highest possible occupancy rate. 100% occupancy rate and better revenue. In 2019, I was in Matheran.

Revenue Management 98

Revenue Management Revenue Management Overbooking 98

Catala Consulting

NOVEMBER 18, 2023

This approach is not only about earning more but also about spending wisely, optimizing operations, and innovating services to enhance the overall financial performance of the hotel. This approach includes optimizing room rates and occupancy, but it goes much further. One critical area is cost optimization.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Hotel Management

MAY 10, 2023

Pohl went on to say that mid-scale, extended stay brand “Home” has proven popular with Americans and that the emerging Gen Z market was pushing new development in brands like Aiden (part of BWH). The operators returned for Part 2 of their outlook assessment with JLL’s Xander Nijnens stepping in for his CEO to moderate the panel.

Market 130

Market Marketing Branding Events 130

Clock Software Hospitality

JANUARY 12, 2021

Read more: The Three Steps to Building a Successful Segmentation Strategy For Hotels Concerts had to reschedule with tour dates pushed back a year or so, and any large scale public events that still take place (races, sports events, exhibitions, etc.) Is the wedding industry going to pull back from large scale events?

Hospitality 52

Hospitality Average Daily Rate Scale Events 52

Hotelier Magazine

OCTOBER 10, 2023

Carter and Nguyen shared their analysis, projections, and recommendations to make strategic planning decisions and considerations for foodservice and hotel operators going forward. ​“As And the third one is, data-driven decisions are what allow the operators who are succeeding to really succeed, steal share and drive their growth overall.”

Hospitality 59

Hospitality Consumer Motels Revenue 59

Clock Software Hospitality

NOVEMBER 3, 2020

Throughout the years this has led to countless innovations in the industry, culminating with the adoption of hotel property management systems (PMS) which now act as the centre of a hotel’s daily operations. Manage Room Inventory Your hotel’s occupancy is the main metric by which you judge how well your business is doing at the moment.

Hospitality 52

Hospitality OTA Revenue Management Hotels 52

SiteMinder

AUGUST 29, 2023

For hoteliers, hotel costs encompass everything from the cost of construction, to the cost of insurance, to the everyday operational costs of establishing, running and ultimately growing a hotel business. Controlling operating costs doesn’t necessarily mean cutting corners or compromising on guest experience.

Revenue 52

Revenue Hotels OTA Operations 52

SiteMinder

NOVEMBER 22, 2023

Ranging from small, intimate board meetings to large-scale international conferences, they often require technological support, such as high-speed internet and audiovisual equipment, alongside flexible seating arrangements. Weddings Weddings are hallmark events for hotels, known for their glamour and emotion.

Events 59

Events Revenue Hotels Management 59