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Building customer relevance to grow market share

Boutique Hotel News

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.

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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

Hotel projects within the upscale and upper-midscale chain scales are leading the way. These two chain scales combined account for a substantial majority of projects. To learn how LE can support your business in accelerating revenue growth and expanding market share, reach out to us at 603-431-8740, ext.

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Peter Strebel named RateGain Americas president

Hotel Business

He also played an instrumental role in creating and driving innovative branding, communications, marketing and business development strategies to increase awareness, capture market share and build revenue for the luxury hotel brand.

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The Urge to Merge: Why The Hospitality Sector Needs a Prenup

Hotelier Magazine

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

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HVMG reports record 2022 results

Hotel Business

HVMG outpaced the industry in RevPAR growth during 2022, as same-store market share grew 6.9%, capping off the company’s eighth straight year of positive consolidated Index growth, the company reports. HVMG continued to take forward steps to stay ahead of its competitors in the realm of business analytics.

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Why You Need Sales Effectiveness to Dominate Your Agenda

Anthony Iannarino

Many of us in sales have long ago recognized that the glut of suppliers shifted some power to buyers due to so many companies competing for their business and market share. A lot has changed in the world of sales, much of which has made selling more difficult for salespeople and their companies. Get the Free eBook!

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Key appointments: Marriott, Hilton, Pro-invest and more

Hotel Management

Krister Svennson, Marriott International Exclusive Q&A: meet Marriott’s new VP of luxury hotels in Australia At W Melbourne, Svensson will lead the team in reinvigorating the hotel as it prepares for a resurgence in business and leisure travel. “I She offers extensive knowledge of design processes, construction and hotel standards.