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The growth in passenger traffic will increase revenue sources for airport operators. Skift Take: India's aviation industry is expanding to increase connectivity. Bulbul Dhawan Read the Complete Story On Skift
The Federal and Queensland State government initiative includes discounted airfares and accommodation which is expected to boost business for local tourismoperators. The post Government steps in to drive return of tourism to Far North Queensland following Cyclone Jasper appeared first on Hotel Management.
Skift Take: TUI is grappling with operational challenges due to ongoing delays in Boeing aircraft deliveries. But the European tourism giant still produced record revenue for its hotels, resorts, and cruises. Jesse Chase-Lubitz Read the Complete Story On Skift
Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.
The establishment is a part of 79HMG’s new hospitality brand, the “79 Military Village Revival Guesthouse Series,” which aims to connect Taiwan’s rich local history with tourism. Juggling guest experience with operational gaps The core of everything at Guest House 1954 is creating memorable guest experiences.
Advanced Strategies to Maximize Revenue a. Dynamic Pricing: Real-Time Revenue Optimization c. 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). The New Age of Hotel Distribution 2.
The surge in visitation brings substantial benefits to the local economy, supporting jobs in hospitality and boosting revenue for licensed venues and local tourismoperators, Woods said. Western Australias vibrant tourism and hospitality sectors continue to contribute to a thriving community and a resilient economy.
Accor is Australias largest hotel operator with more than 350 hotels, resorts and apartments nationally and over 100 in Queensland. Accor Pacific Chief Operating Officer PM&E, Adrian Williams, said the strength of Queensland bookings was particularly encouraging.
The tour, which recently made history as the highest-grossing rock tour of all time, is the first rock tour to surpass US$1 billion in revenue, and second only to Taylor Swift’s The Eras Tour. Accor occupancy up across all three cities At October 30, Australia’s largest hotel operator, Accor, reports an 18% lift in occupancy levels (10.7
Accor Pacific Chief Operating Officer PME, Adrian Williams, told HM there has been an unprecedented level of interest in Accor hotels and its loyalty programme ALL – Accor Live Limitless since the concerts were first announced – and not just in these two cities.
Whether its to join a yoga retreat, recover from burnout, explore alternative therapies, or simply eat clean and sleep better, health-conscious travelers are reshaping how hospitality operates. According to the Global Wellness Institute, wellness tourism is expected to reach a staggering $1.3 dental tourism, checkups).
Lunar New Year has failed to lure high numbers of visitors from China to Australia with the Australian Tourism Export Council (ATEC) reporting a slower than expected recovery. The ATEC said it is urging government to invest in the Approved Destination Status program to help Australia compete in the global marketplace.
Hotel Fitzroy in Auckland’s Ponsonby, currently operating under the Fable banner, will be the first to join the portfolio, with Luminous Living to take over operations on Monday December 16. Chopard Bathroom Amenities Distribution-only and cleaning-only models will be delivered through its sister offering, Platinum Services. “By
ARLINGTON, Virginia—Knowland reported that New York ranked second among the top 25 markets, with over 30 percent year-over-year (YOY) meeting volume growth driven primarily by sports tourism for August. This data is sourced from Knowland’s sales intelligence platform designed to help hoteliers protect and grow their revenue base.
Amadeus, a leading provider of travel technology solutions, and UN Tourism , have released a new report with comprehensive data on travel in Asia Pacific. Market level hotel occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR) across various regions are also detailed in the report.
APAC Revenue Management Summit 2023 – “Unstoppable” May 23 and 24 Are you looking to take your revenue management skills to new heights? Look no further than the APAC Revenue Management Summit , the must-attend conference for hospitality and tourismoperators.
Japan’s top hoteliers and tourism professionals are preparing to meet next week for the inaugural AHICE Far East Asia on Wednesday, September 5. The half-day event at The Tokyo EDITION hotel in Toranomon will unite leaders from the hotel, aviation, and tourism sectors to discuss challenges and opportunities in this rapidly evolving market.
Tourism leaders in New Zealand have raised concerns about the future of the industry due to a proposed NZ$15 million reduction in government funding to promote New Zealand as a visitor destination. Less money for TNZ’s activities in a much higher-cost operating environment. over 10 years,” said Doolan. over 10 years,” said Doolan.
STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.
The rise of wellness tourism and eco-friendly initiatives set new benchmarks for guest satisfaction. Sustainable Practices Eco-friendly initiatives , including the use of sustainable products and energy-efficient operations, will be more prevalent. This strategy not only boosts income but also enriches the guest experience.
APAC Revenue Management Summit 2024 – “RISE UP” May 27 and 28 Join us at the APAC Revenue Management Summit 2024 – “Rise UP” on May 27 and 28. Ready to take your revenue management to the next level? Expect actionable insights and lots of discussion so you can implement immediately in your daily operations.
From April 8, TFE Hotels will begin operating Vibe Hotel Melbourne Docklands and Storehouse Docklands restaurant, with new owners, MA Financial Group. TFE Hotels has established roots in Docklands, having operated the mid-scale Travelodge brand on Aurora Lane since 2010,” said TFE Hotels Group Chief Operating Officer, Chris Sedgwick.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across the Oceania region, including New Zealand, Australia and the Pacific Islands.
As the first major accommodation operator to engage with the national accessibility body, Quest is tapping into the fastest growing travel sector in the country, with people with disability equating to AU$3.3 Quest’s approach to accessibility is evolving beyond the standard style of accessible room,” Williams said.
Partnering with travel companies can benefit hoteliers, potentially boosting revenue, increasing booking rates, and extending a hotel's reach into new and hard-to-access markets. The post 14 Travel Companies That Help Hotels Increase Revenue appeared first on Revfine.com.
Skift Take: A greatly expanded marketing deal with Disney's National Geographic brand, plus record earnings and revenue, might steer Lindblad Expedition into new waters for potential acquisition. Sean O'Neill Read the Complete Story On Skift
In a significant step toward advancing technology adoption in India’s tourism and hospitality sector, global hospitality technology firm STAAH has signed a Memorandum of Understanding (MoU) with The Clarks Hotels & Resorts in New Delhi. This presents new growth opportunities for New Zealand-based companies.
NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5
As the new General Manager for The Ritz-Carlton, Melbourne, Harman will be responsible for enhancing the hotel’s operational and commercial performance. She also currently sits on the ICHM Academic Board, to support the future tourism and hospitality workforce. “The Focused on training and development.
As the hospitality industry continues to evolve in response to shifting consumer preferences and technological advancements, hotels are redefining their approach to revenue generation. Let’s explore 7 trending new revenue streams that can boost your hotel’s profitability.
Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. Inbound capital is originating in the Asia region but is also coming from Middle Eastern and European owner-operators and HWNI/corporate buyers looking at strategic investment opportunities.
Ovolo Hotels restructures marketing operations Ovolo Hotels has announced a new marketing and communications structure that will see a number of leadership changes across the region. It’s tremendous to be working with Stephen again, he is an incredible operator,” said Reymond Founder and Director, Joanna Reymond-Burns.
TORONTO Ontarios tourism industry is pleased by important investments in the Ontario budget that come at a critical time for the sector. This budget responds to the needs of the moment, says Andrew Siegwart, president & CEO of the Tourism Industry Association of Ontario (TIAO). One-in-10 jobs in Ontario depend on tourism.
Charlie Tickler, who joins from Novotel Melbourne South Wharf, is Director of Finance, bringing a wealth of financial experience and familiarity with the Novotel brand, while experienced commercial manager Ashish Rajput joins as Director of Revenue, having previously held the position of Director of Commercial at Sofitel Melbourne On Collins.
Hotel properties struggled under rising costs that outpaced revenue growth in 2024, challenging economic growth and job creation. billion in state and local tax revenue in 2025, up from $53.97 billion in federal tax revenue in 2025, up from $29.55 Hotels support communities: Hotels are projected to generate a record of $55.46
Accor has secured Ecotourism Australia’s Sustainable Tourism Certification of 100 hotels and growing in Australia, just over a year after announcing their partnership, with the operator edging closer to its goal of having its whole Pacific network certified by the end of next year.
CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.
The growing trend of slow tourism offers a refreshing alternative to the fast-paced, overscheduled vacations many travelers have been experiencing. 👉 Read Also - ChatGPT for Hotels: Boost Direct Bookings & Reduce Costs Why People Like It Slow tourism resonates because it creates a richer, more memorable travel experience.
With travel and tourism in Asia Pacific (APAC) projected to grow at a compound annual growth rate (CAGR) of 4.10% from 2025 to 2029 – reaching an estimated market volume of US$358.70 With that in mind, it’s an opportune time for hotel operators to reassess their revenue strategies to capitalise on the influx of travellers.
Available in multiple languages, these features empower hotels through automation to enhance the guest experience, increase revenue opportunities, and streamline daily operations. Contactless Dining – guests can browse menus and place F&B orders on the Vouch platform which is then routed through HotSOS.
With almost 10 percent of the world’s total gross domestic product (GDP) and employing over 255 million people, it is no surprise that the travel and tourism industry is one of the most important sectors to drive employment. So, here are 5 tips to improve your interactions with your guests and boost revenue: 1.
billion) in economic activity, with a significant portion benefiting the hospitality and tourism sectors. Whether through luxury stays, cultural immersion, or sustainability efforts, the Kumbh Mela offers a platform for innovation and growth in the tourism sector. For 2025, the scale is even grander.
Domestic tourism definition Domestic tourism’s definition is much the same as domestic travel, except it takes into account only those who are travelling for leisure. Domestic tourism example An example of domestic tourism might be an American family travelling from another state to visit California and stay at Disneyland.
This article examines Florence's tourism industry resilience amidst crises, including the COVID-19 pandemic, analyzing key performance indicators such as airport statistics, hotel supply, and operating performance.
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