Finance and Development, Trends
July 16, 2024
Via: Hotel News ResourceHotel managers like you are constantly seeking innovative ways to maximize revenue and attract more guests, especially in the lucrative group and event sales market. By reimagining spaces and amenities, hotels are discovering new selling techniques that not only fill […]
Finance and Development, Trends
July 10, 2024
Via: Hotel News ResourceIn Germany Demand for holidays is more robust and lively than it has been for a long time. Booking figures are back to pre-corona levels in many places, and even higher in some areas. Neither higher end prices nor international […]
Finance and Development, Trends
July 8, 2024
Via: Hotel News ResourceThe old saying “a bird in the hand is worth two in a bush” is a valuable lesson for us all. It simply means you should stick with the modest prize you’ve already secured instead of chasing what you might […]
Finance and Development, Trends
July 3, 2024
Via: Hotel News ResourceToday, HOTREC released its 2024 Hotel Distribution Study which examines recent developments and trends in the European accommodation sector, and uncovers the way consumers book hotel rooms. The main findings confirm the need for proper implementation of the Digital Markets […]
Finance and Development, Trends
July 1, 2024
Via: Hotel News ResourceAs the Asia Pacific region continues to be the growth engine for luxury travel, a new comprehensive report from the Luxury Group by Marriott International has identified new expectations and travel preferences among high-net-worth (HNW) travelers in Asia Pacific. Across […]
Finance and Development, Trends
June 18, 2024
Via: Hotel News ResourceWith the addition of Curated Hybrid Sites added to Vizergy’s website template options, we want to shed some light on useful design trends and how to utilize them to get your customers excited and convert! Never Forget Your Story — What […]
Finance and Development, Trends
June 14, 2024
Via: Hotel News ResourceWashington State University’s Carson College of Business released a new report with insights into Americans’ upcoming travel plans, including motivations, budgeting habits and considerations surrounding sustainability and AI. One of the top findings in the report reveals nearly all members of Gen […]
Finance and Development, Trends
June 11, 2024
Via: Hotel News ResourceThere used to be a time when hotel revenue managers simply had to look at predicted demand and keep an eye on competitors’ rates to optimize pricing. When travelers booked a hotel room, they had no way of knowing the […]
Finance and Development, Trends
June 10, 2024
Via: Hotel News ResourceThe World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend. Saudi Arabia’s Travel & Tourism […]
Finance and Development, Trends
June 7, 2024
Via: Hotel News ResourceLeisure and Hospitality Sector Employment in leisure and hospitality continued to trend up in May (+42,000), similar to the average monthly gain over the prior 12 months (+35,000). Employment in food services and drinking places continued to trend up over […]
Finance and Development, Trends
June 5, 2024
Via: Hotel News ResourceKnowland reported that Las Vegas took the lead in group business with a solid 18.5 percent growth in May year-over-year (YoY). Oahu Island pulled in second at 17.9 percent YoY growth. This data is sourced from Knowland’s sales intelligence platform […]
Finance and Development, Trends
June 5, 2024
Via: Hotel News ResourceSummer is the perfect season to host vibrant and memorable events at your property and to increase revenue this summer. This means you need to put your summer hotel marketing into high gear now. Whether you have a large outdoor […]
Finance and Development, Trends
June 3, 2024
Via: Hotel News ResourceSmall, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last. According to 2023 research by Booking.com and Statista, with acknowledgments to CoStar’s hospitality data, approximately 77% […]
Finance and Development, Trends
May 31, 2024
Via: Hotel News ResourceWe are less than two months away from the first political party conventions to determine America’s 2024 presidential nominees, with the Republican National Convention (RNC) scheduled first in Milwaukee (15-18 July), and the Democratic National Convention (DNC) taking place in […]
Finance and Development, Trends
May 20, 2024
Via: Hotel News ResourcePersonal travel is top of mind for many consumers this year and rewards programs will make all the difference, according to a survey of 1,000 US travelers by Wakefield Research. At the start of National Travel and Tourism Week, the […]
Finance and Development, Trends
May 7, 2024
Via: Hotel News ResourceThe 2024 travel forecast is looking sunny with a chance of savings. Despite increasing inflation, according to the latest internal data from KAYAK airfare is down 13% for domestic and 3% for international flights vs. 2023. To help travelers score […]
Finance and Development, Financial, Trends
May 1, 2024
Via: Hotel News ResourceA Smarter Way to Save Sourcing goods and services effectively is at the epicenter of day-to-day functions in hospitality firms and accommodations. The careful and systematic procedure of procurement not only ensures smooth operations but also reflects our commitment to […]
Finance and Development, Trends
April 30, 2024
Via: Hotel News ResourceIn today’s digital age, a user-centered hotel website plays a crucial role in attracting and converting potential guests into bookings. With travelers increasingly relying on the internet to research and book accommodations, having a website that prioritizes user experience and […]
Finance and Development, Trends
April 9, 2024
Via: Hotel News ResourceIn the hospitality industry, traditional metrics like revenue performance and guest satisfaction have long been the go-to indicators for assessing a hotel’s business health. However, as businesses increasingly acknowledge the vital role of talent in achieving success, talent retention has […]
Finance and Development, Trends
March 25, 2024
Via: Hotel News ResourceRecent studies have proven that employees can be a major source of competitive advantage, but they must be managed effectively and considerately to reap those benefits. The industry presents unique challenges for employees and managers, such as long working hours, […]