Global Travel and Tourism Sector Deal Activity Fell by 14.9% YoY in Q1 2024, According to GlobalData

April 18, 2024

Travel and tourism sector witnessed the announcement of 165 deals* globally during the first quarter (Q1) of 2024. This represents a year-on-year (YoY) decline of 14.9% compared to the announcement of 194 deals during the same period last year, according […]

Travel and Tourism Industry Unites to Tackle Climate Change

April 9, 2024

Category: News

Association representatives from the European travel and tourism sector (business and leisure) met in Rhodes, Greece, to sign a landmark declaration promising decisive action towards more sustainable travel and tourism. The joint declaration will serve as a roadmap to foster […]

3 Ways to Leverage Your Hotel PMS Data for Revenue Management Success

April 1, 2024

Category: Technology

And when it comes to data, there’s no source more important than your Property Management System (PMS). Your PMS is the beating heart of your hotel operations, tracking everything from reservations and check-ins to hotel room rates and billing. But […]

Finance and Development, Trends

Transforming Employee Engagement in the Hospitality Industry

April 9, 2024

Via: Hotel News Resource

In 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 […]