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Category: Trends


Finance and Development, Trends

2024 American Travel Survey: Generational Trends, Economic Concerns and Impact of AI

June 14, 2024

Via: Hotel News Resource

Washington 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

Reputation Pricing: Using Your Hotel's Reputation to Increase Rates

June 11, 2024

Via: Hotel News Resource

There 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

2024 Was a Record&Breaking Year for Travel & Tourism in Saudi Arabia

June 10, 2024

Via: Hotel News Resource

The 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

U.S. Employment in Leisure and Hospitality Continued to Trend Up in May

June 7, 2024

Via: Hotel News Resource

Leisure 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

Las Vegas Leads in Meetings and Events Growth in May with an 18.5 Percent Uptick

June 5, 2024

Via: Hotel News Resource

Knowland 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

Summer Hotel Marketing Strategies to Pump Up Your Group Business & By Elizabeth Smith

June 5, 2024

Via: Hotel News Resource

Summer 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

European Hospitality Industry Faces Looming 'Chain&Ification' & CoStar

June 3, 2024

Via: Hotel News Resource

Small, 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

RNC and DNC: How Political Conventions Impact Host Market Hotel Performance

May 31, 2024

Via: Hotel News Resource

We 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

Report Reveals 76% of American Travelers Can't Imagine Taking the Trips They Do Without Rewards Points or Loyalty Programs

May 20, 2024

Via: Hotel News Resource

Personal 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

KAYAK Releases 2024 Summer Travel Forecast & Top Trending Destinations

May 7, 2024

Via: Hotel News Resource

The 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

8 Ways That Hoteliers Can Increase Compliance and Reduce Annual Spend

May 1, 2024

Via: Hotel News Resource

A 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

Best Practices to Gain Bookings on Your Hotel Website

April 30, 2024

Via: Hotel News Resource

In 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

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 […]


Finance and Development, Trends

Skills&Based Talent Management in Hospitality and Tourism & By Bertrand Audrin

March 25, 2024

Via: Hotel News Resource

Recent 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, […]


Finance and Development, Trends

Transforming Talent Sourcing in the Hotel Industry: The Rise of the Gig Economy and Fractional Staffing Models

March 18, 2024

Via: Hotel News Resource

In the recently released HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023-2024, the second trend investigates how the gig economy and fractional staffing models are changing talent sourcing. Employers in the hospitality industry […]


Finance and Development, Trends

Amsterdam and New York Are the Top Destinations for European Business Travelers

March 14, 2024

Via: Hotel News Resource

According to BCD Travel’s Cities & Trends Europe 2023 edition, Amsterdam and New York are the most visited cities for European business travelers. The most popular countries are Germany and the United States. The report is based on BCD flight and […]


Finance and Development, Trends

Middle East Hotel Construction Pipeline Marks Highest Year&Over&Year Project Growth Since 2018

February 22, 2024

Via: Hotel News Resource

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. The region boasts an impressive 11% […]


Finance and Development, Trends

HVS Europe Hotel Transactions Bulletin Week Ending 9 February 2024

February 16, 2024

Via: Hotel News Resource

Real Hotels acquires Amazonia Hotel Group and its four hotels in Portugal Portuguese hotel chain Real Hotels Group has acquired the Amazonia Hotel Group platform, which includes four hotels, all in Portugal, ranging from three to four stars. Founded in […]


Finance and Development, Trends

Email Marketing Trends for 2024

February 14, 2024

Via: Hotel News Resource

Following the top email marketing trends for 2024 provides the latest techniques for engaging guests and getting the most out of your email communications. As an essential part of digital marketing for hotels, emails have the power to nurture guest […]


Finance and Development, Trends

4 coffee trends for c-stores to watch

February 13, 2024

Via: Restaurant Dive

Coffee and tea are hot across foodservice — and c-stores play an important part in that growth. Overall, customer traffic at gourmet coffee and tea outlets grew 12% in the fourth quarter, according to Circana, while traffic in the overall […]