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HVS Las Vegas Casino and Hotel Market Outlook 2024

Hospitality Net

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the market’s ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

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Duetto and SHR Partner to Transform Casino Loyalty Pricing

Hospitality Net

Duetto, a global leader in revenue management solutions, and SHR (an Access company), a leading provider of innovative and intelligent technology solutions for hotels and resorts, today announced a strategic partnership designed to revolutionize the casino resort industry.

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How Live Concerts from Famous Bands Affect Hotel Occupancy

eZee Absolute

In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. Here’s a closer look at the tangible impact of live concerts on hotel occupancy and the hospitality industry, backed by compelling examples and statistics.

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HVS Las Vegas Casino and Hotel Market Outlook 2024 - By Shannon S. Okada

Hotel News Resource

In 2023, occupied room nights, as well as total occupancy (83.5%), continued to lag 2019 performance; however, like gaming revenue, the marketÕs ADR ($191.29) and RevPAR ($159.73) for 2023 reached record levels for the second year in a row.

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Integration of Mews and Duetto reaches over 600 hotels

Hotel Speak

[New York, 13 August] – Mews , the industry-leading hospitality cloud , and Duetto, a leading provider of revenue management software for the hospitality industry, have now exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally.

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Benefits of Yield Management in the Hotel Industry

Inn Quest

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Yield management is a pricing strategy that predicts customer demand and adjusts prices to maximize revenue.

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Marriott names Carolina Voullieme multi-property director, sales and marketing

Hotel Business

Marriott International has appointed Carolina Voullieme as multi-property director, sales and marketing, overseeing both the Aruba Marriott Resort & Stellaris Casino and the Grand Cayman Marriott Resort. She then became the director of sales at both the San Juan Marriott Resort & Stellaris Casino and the Grand Cayman Marriott Resort.

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