Boutique Hotel News

NOVEMBER 15, 2022

Lockdown restrictions and global health concerns forced us to look at different ways of doing things – Zoom calls replaced business travel, working from home replaced the daily commute, and staying in became the new going out. Remaining relevant to guests is key, and those that don’t are at risk of losing market share.

Market Share 52

Market Share Market Marketing Consumer 52

Hotel Business

OCTOBER 24, 2024

“Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues,” said Geoff Ballotti, president/CEO. “We Diluted earnings per share was $1.29

Ancillary Revenue 59

Ancillary Revenue Pipeline Revenue Occupancy 59

Xotels

APRIL 3, 2024

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? In our article about What is Revenue Management and in our Free Revenue Management Book for Hotels we have explained everything in detail about what the concept of revenue management is all about.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotel Business

NOVEMBER 9, 2022

Understand the evolving nature of lodging demand and intentionally drive ancillary revenue to optimize profit. Capital expenditures should aim to protect market share and enhance property value. Guest expectations are at an all-time high.

Ancillary Revenue 52

Ancillary Revenue Operations Intent Market Share 52

Hotelogix

AUGUST 6, 2024

Optimizing ancillary revenue streams: To diversify your revenue sources, consider enhancing offerings in food and beverage, spa services, and event hosting. Increasing your Hotel's Market Share Growing your market share requires strategic marketing and distribution efforts.

Revenue 52

Revenue Management Upsell Target Marketing 52

Hotel Business

DECEMBER 18, 2023

We are confident Wyndham can deliver long-term shareholder value well in excess of the $85 per share offered by Choice by continuing to execute on our existing business plan. This complex merger would require an extended period of time to review relative to businesses that are smaller in scope, scale or competitive intensity.

Ancillary Revenue 59

Ancillary Revenue Business Closing Branding 59

Cloudbeds

OCTOBER 9, 2024

This technique is widely utilized across various fields, including business, finance, and economics, to aid in decision-making and planning. For instance, businesses may forecast sales or total revenue to guide their strategic planning and resource allocation.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59