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Recent surveys highlight 47% of planners prioritize venues that can accommodate adjustments when selecting a venue. By addressing these needs, your hotel demonstrates a strong commitment to delivering exceptional, client-focused experiences.
As we consider the transaction market in 2025, we expect to see a re-emergence of two key contributors to overall volume, portfolio transactions and urban full-service hotelsales, he said. This shift is driving expansion into branded residences and alternative accommodations as hotels capitalize on the growing Experience Economy.
hectares and beach frontage of approximately 215 metres, the 295-room resort boasts four food and beverage venues, extensive conferencing facilities including a Grand Ballroom that can accommodate 1000 people, and undercover parking for around 300 cars. Sam McVay from McVay Real Estate described the hotel as “an irreplaceable asset”. “[The
In the competitive world of hotelsales, effective communication can make or break a deal. Yet, before any sale can be made, there’s the daunting task of prospecting. Surprisingly, over 40% of sales professionals find this initial step the most challenging in the sales journey.
“Invictus has taken up the rare opportunity to acquire a freehold heritage boutique hotel in Sydney, where hotels are difficult to develop as a result of tight planning controls and expensive land and construction costs,” said Colliers Head of Hotels, Australia, Karen Wales. million deal appeared first on Hotel Management.
8 Essential reasons to Optimize your Hotel’s Booking Engine A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. It plays a key role in the overall success of a hotel’s operations.
What is hotelsales software? Hotelsales software is a specialised tool designed for the hospitality industry to manage and optimise sales activities. Manage your hotelsales with the best software in the market Use Little Hotelier’s revenue management features to manage your hotelsales and boost hotel bookings.
But again, how do you build a winning hotelsales team? Tips On Building a Great HotelSales Team. Tips on Building a Great HotelSales Team. Building a hotelsales team isn’t a cakewalk; it requires a strategic approach. Analyze your current sales strategy. Table of Content.
In the competitive world of hotelsales, effective communication can make or break a deal. Yet, before any sale can be made, there’s the daunting task of prospecting. Surprisingly, over 40% of sales professionals find this initial step the most challenging in the sales journey.
Look for increased hotel brand M&A and private equity investment in third-party management companies, non-traditional lodging brands and hotels in the lifestyle sector. Peek, president, Americas, JLL Hotels & Hospitality Group.
This means potential guests are more likely to find you when searching for accommodations as your property ranks higher. Images and videos with appropriate keywords, alt text, and metadata can boost your ranking on search engines and digital listings such as Trip Advisor and Google My Business.
Now is the perfect time to ensure your accommodation is fully prepared, so you can get the most out of this influx of guests. The majority of travelers book their summer stays 1 to 3 months in advance.
Today, 28% of travelers book accommodations based on influencer recommendations, according to TravelBooms latest 2025 Influencer Travel Study. Gone are the days when travelers relied solely on traditional advertising or Online Travel Agency (OTA) reviews to make booking decisions.
The comprehensive guide, HotelSales Stars: The Ultimate Strategy Playbook , is designed to assist hoteliers in navigating the entire sales journey and capitalizing on new opportunities, from prospecting to relationship building.
When the current team took over the hotel in 2019, there was an urgent need to modernise its systems using current technologies, while establishing suitable online hotelsales channels. This has allowed us to optimise and develop our sales by facilitating daily tasks so that we can devote ourselves to customer relations.”.
Following a record 1700 entries, the nominees have been announced in 44 categories for the 2022 HM Awards for Hotel and Accommodation Excellence, the 21st annual event, presented by Sealy Posturepedic.
Henry Jackson, partner in the Knight Frank hotels team, said: “Raithwaite Sandsend is a stunning hotel located in a perfect location for visitors, ideally situated between the beautiful North Yorkshire Moors and the wonderful beaches of the county.
During onboarding, a hotelsales manager would also learn the same fundamentals for the hotels in their compset, as well as comparable properties in the overall market. As an investor, if you don’t ask, do you truly have a full scope of the revenue generation and expenditures of your hotel investment?
Our Mastering the GDS: A Guide to Effectively Engaging Travel Sellers Report emphasized the growing importance of the global distribution system (GDS) as a key channel for hotels and destinations seeking to expand their reach. This shift toward smarter, more impactful distribution strategies is driven by technology.
US VAT: In the US there is no federal sales tax. US sales tax is instead set by state and local authorities, and most charge both a sales tax (2.9%–7.25%) 7.25%) and some form of bed tax, occupancy tax, lodging tax or hotelsales tax (0%–20%). In terms of tools, it’s wise to take a two-pronged approach.
Hotels are a crucial part of any travel experience, and every year the dynamics of travel and hospitality keep on changing. Meaning, accommodation providers need to constantly upgrade themselves to cater to the needs and wants of people. For the year 2023, it’s important to ensure your hotel is up to standard.
UK: The Crown Estate has put the Harte & Garter Hotel and Spa in Windsor up for sale for offers in excess of £13,250,000, seeking buyers looking for a prime hospitality development and restaurant investment opportunity in the heart of the historic market town. It overlooks Windsor Castle, which attracts close to 1.5
Like any other business, hotels need to generate revenue in order to survive. But with the ever-growing competition, how can small hotels keep up? How can small accommodation providers keep revenue flowing? In this article, I will discuss some sales and marketing strategies to increase revenue for small hotels and stay afloat.
If we take short stay accommodation for example, Facebook would definitely be recommended as a primary platform to create a business page. Social media can be overwhelming with businesses believing they must be on every platform and in front of all audiences, however this could not be further from the truth.
Hotel advertising is the strategic use of paid media to promote a hotel’s unique selling points, attract potential guests, and drive direct bookings. It involves crafting compelling messages and visuals across various digital platforms to create awareness, interest, and desire for a hotel’s accommodations and experiences.
A transient corporate traveller will most likely spend a day or two at the destination, hence a need for accommodation and meals. Corporate travellers have garnered much attention because of how frequently they visit hotels on business trips. Why is attracting Corporate Transient Travellers essential?
Pricing is a supremely sensitive aspect of an accommodation business. Now, what most hotels overlook is the period after Diwali. A few days post-Diwali is also a great opportunity to drive hotelsales. But again, shout your offer message louder way before the festivity starts. (We Keep reading.). Then what should you do?
Guest experience Multiple departments contribute to the guest experience, from the front desk and housekeeping to the hotel restaurant. By tracking real-time data from online reviews, accommodation operators can measure overall guest satisfaction and ratings by department. Prescriptive analysis Draws on data to make informed decisions.
A challenge common to hotels seeking to attract new guests to their hotel is the challenge of an overcrowded and competitive marketplace. While other hoteliers offer their services, online travel agencies showcase cheap rates, and competitors like Airbnb offer outstanding accommodations.
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