This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Casino hotels comprise only a tiny fraction of hundreds of thousands of hotels across the world. Perhaps due to this limited scope, the industry lacks universal performance metrics, and casino customers might find frustratingly varied booking experiences across different brands.
When it comes to revenue management, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenue management strategy can help casino managers market their casino to the right audience and price their products to boost bottom-line revenue.
Aligned Hospitality Management appointed Deborah Lahti as chief operating officer. Lathi will join Aligned’s corporate team to lead and manage the hotel’s daily business operations and supervise hotel and corporate initiatives. MCR welcomed Sameer Mehra as chief revenue officer.
Duetto offers solutions that simplify hotel operations and optimize revenue. More than 6,000 hotel and casino resort properties […] The post GrowthCurve Capital Acquires Duetto appeared first on LODGING Magazine. Terms of the transaction were not disclosed.
Charlie Tickler, who joins from Novotel Melbourne South Wharf, is Director of Finance, bringing a wealth of financial experience and familiarity with the Novotel brand, while experienced commercial manager Ashish Rajput joins as Director of Revenue, having previously held the position of Director of Commercial at Sofitel Melbourne On Collins.
LRGC Gaming Investors LLC, an affiliate of The Cordish Companies , marked a significant milestone in the construction of the first land-based casino in the Shreveport-Bossier market during the topping-off ceremony for the more than $270-million Live! Casino & Hotel Louisiana. With the first land-based casino in the market, Live!
Expotel Hospitality announced Bret Chittenden, formerly the firm’s chief operating officer, has become its new president. Crestline Hotels & Resorts, LLC announced the appointment of Leah McFarland as senior vice president of revenue strategy. Chittenden has been part of the company since its inception in 1999.
In this interview with Ronn Niccoli, Chief Marketing Officer of Resorts World Las Vegas, we learn about his approach to managing a large multi-faceted operation, how L&E has become an integral part of the revenue mix and what he’s done to craft a new casino resort brand in a crowded market.
Hotels and casinos are ordering significantly more fresh and sustainable food items compared to a year ago, according to data from Source1 Purchasing , a purchasing technology and consulting company serving the lodging and hospitality sector. Hotels and casinos that choose cage-free eggs have the opportunity to promote that to their guests.
[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.
San Francisco, CA – June 27, 2024 – Duetto (“Duetto” or the “Company”), a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). Duetto offers innovative solutions that simplify hotel operations and optimize revenue.
LONDON, June 6 2024 – The Access Group , a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels. The company already has a strong presence in Europe and APAC.
Its the ultimate playbook on how to maximize revenue from engaged audiencesand it doesnt just belong to the NFL anymore. For hoteliers, casinooperators and entertainment execs, the real action isnt on the field in New Orleans. So, the question isnt whos going to win the game? Its whos going to win the weekend. Its happening!
Casino & Hotel Virginia. “An important part of our evaluation was to identify a development team with a proven track record in developing and operating mixed-use and casino properties, a long history of revitalizing cities across the country, and strong community engagement practices. . billion Live!
In this role, he will be responsible for leading the company’s commercial strategies on revenue, distribution and digital marketing to maximize efficiencies, increase profitability and accelerate growth portfolio-wide, according to EOS Hospitality, which currently operates a portfolio of 50 hotels and resorts, totaling more than 7,000 keys.
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.
In this case study, we learn how Jeju Dream Tower, with its multifaceted resort and entertainment offerings, selected technology to support its complex operating model. I learned a lot about hotel operations and became fascinated by the industry.”
The Access Group , a business management software provider, has added global hotel and casino technology specialist SHR to its AI-powered, end-to-end platform for hotels. market and service larger hotel groups, which often have more complex distribution needs than smaller boutique and independent operators. and European hotels.
Hotels will have the opportunity to unlock new revenue streams with on-screen advertising for property-centric dining, shopping, spas, special events, casinos and more. Hotel operators will be able to start offering AirPlay capability on LG smart hotel TVs later this year.
Choice Hotels International kicked off its 68th annual convention with a “Next Level” theme at the Mandalay Bay Resort and Casino in Las Vegas, highlighting the company’s “strong competitive position” and its plans to help owners and operators capitalize on the growing demand for leisure and business travel.
GrowthCurve Capital has acquired Duetto, a provider of revenue management software for the hospitality industry. Duetto offers innovative solutions that simplify hotel operations and optimize revenue, according to the company. GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders.
“As the hospitality industry continues to evolve and invest in integrated technology and digitisation, Cendyn’s solutions will play a pivotal role in helping hotels, resorts, and casinos leverage the data and technology they need to drive revenue and profitability while creating meaningful and personalised guest experiences.
Book4Time manages guest experiences at spas, international hotels, resorts, casinos, golf and private member clubs in more than 100 countries. Hospitality properties use Book4Time’s appointment booking, contactless guest intake, revenue and yield management and other capabilities.
It’s useful for businesses such as hotels, restaurants or casinos that have unique or variable rent costs. It helps analysts understand the ability of the business to generate profits, even after spending huge rent or restructuring costs as a part of its operations. This results in $1 million of EBIT (operating income).
EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring/Rent) is a profit metric that excludes costs not directly related to operational performance. This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses.
This blog explains hospitality sectors, how they operate, and how you can use this knowledge to better position your hotel business for success. It is worth noting that not all food and beverage businesses are standalone operations. Operating a hotel is not one-size-fits-all. Table of contents. The four hospitality sectors.
Using data from various systems, including your PMS, revenue management system (RMS) , and customer relationship management (CRM) system, hotels can strategically leverage data to implement dynamic pricing strategies and personalized, segmented, and tailored campaigns via their CRS. The revenue management system (RMS). Busy Rooms.
Front access can greatly simplify regular maintenance and any necessary module replacements, which makes DVLED an ideal solution for critical areas where downtime would be costly or interrupt operations. Some manufacturers include replacement modules with each purchase and provide in-person training for on-site staff.
Travel marketing platform Sojern has acquired VenueLytics , an integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics’ capabilities as an extension of the Sojern Travel Marketing Platform.
Fortunately, my burning desire to operate this company and not work for anyone else won out, and in 2009 we re-started and it’s been a success ever since. If you operate that way all the time, success happens. As I used to say: “Can you imagine being in a group hotel and operating without a Conference Services Manager?”
For example, there are luxury hotels, boutique hotels, all-inclusive hotels, casino properties, spas, and lifestyle resorts. You may want to consider the following factors: Revenue and Forecasting report Sales, revenue, and forecasting reports are essential in this industry.
So, here are a few tips on how can hotels attract guests during Diwali and boost revenue. With the right set of hotel technology (especially integrated technology), you not only streamline and automate your hotel’s daily operations but also become capable of delivering a supremely great guest experience. Decide what strategy to use.
Based out of La Vie’s Sydney Head Office, Harris will be responsible for delivering top line revenue for all Vie properties. His role will include management over everything from revenue and distribution to client and customer engagement, multi-segment contracting and negotiation, product analysis, partnerships and marketing.
We used to take out ads in the newspaper and Yellow Pages,” says Edward Keenan, vice-president, Resort Operations for Clique Hotels & Resorts, of early efforts to attract guests. Keenan says he’s already able to track how much revenue is generated from certain email campaigns. “We
Finally, travel agencies, tour operators, tourism organisations, travel wholesalers and other travel trade businesses fall into the travel and tourism sector. Revenue management. Of course people need to eat, bringing in food and beverage under this umbrella, too. The list is long, and includes: Movies and theaters. Zoos and museums.
We have yacht clubs, we have charter fishing entrepreneurs, we have casinos, we have cruise line headquarters, we have Expedia, we have everything. But what underlies that is you need some business then because we still need to operate at a profit. Or an agent, what does a casino host do? There’s a job for everybody.
FreshAir Certified addresses these challenges by enabling hotels to offer guests rooms with scientifically verified, high-quality indoor air, meeting the growing demand for personalized, wellness-focused accommodations while creating a new, effortless revenue stream, according to the company. Early results indicate that U.S.
Hospitality revenue management software provider Duetto has unveiled its 2025 hospitality trends report, revealing that increased costs, AI, personalization, evolving revenue metrics and data are the biggest challenges the industry will face this year, according to the global survey of hoteliers.
hotel construction pipeline, with full-service projects—encompassing luxury, upper-upscale, upscale and casino properties—representing 2,295 projects and 349,812 rooms, or 37% and 48% of the total pipeline respectively. Overall, however, full-service developments are commanding a more substantial portion of the U.S.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content