BCV

AUGUST 19, 2021

Last year, Labor Day travel broke passenger records at airports nationwide as we witnessed consumers itching to get away after many months spent in lockdown. Identifying and tracking current consumer travel trends is essential to know how your desired demographic approaches travel planning.

Consumer 52

Consumer Travel Market Marketing 52

Boutique Hotel News

NOVEMBER 2, 2022

Consumer expectations have changed; luxury guests demand experiences that incorporate more than high thread count and 24-hour room service. Learning from retail . Hoteliers need to consider what high-end retailers such as Selfridges do well, and how it can be applied to hospitality. Shoppable content taps into consumer desires.

Retail 52

Retail Shopping Services Consumer 52

Cloudbeds

JANUARY 22, 2025

Real-time data collection and calculation The data consolidation part becomes more efficient if the PMS is part of a suite of applications that automatically collect and send EBITDAR data, eliminating time-consuming manual reconciliations. Control costs of goods sold (COGS) Use technology to monitor labor, utilities, and supply expenses.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Amadeus Hospitality

JUNE 11, 2024

From analyzing consumer behavior and creating effective digital marketing campaigns, to providing appealing retail offerings and seamless service, technology is key along every step of the way. Why is this good for the sector – and consumers?

Hospitality 52

Hospitality Business Consumer Digital Marketing 52

Catala Consulting

FEBRUARY 19, 2024

In an era where consumer expectations are at an all-time high, the traditional one-size-fits-all approach to customer interaction no longer suffices. In retail, for instance, a leading online marketplace implemented hyper-personalized product recommendations, resulting in a 35% increase in conversion rates.

Revenue Management 52

Revenue Management Revenue Management Business 52

Cloudbeds

SEPTEMBER 20, 2024

Managing multiple revenue centers—such as restaurants, snack bars, rooftop or poolside bars—without a unified system is time-consuming, error-prone, and leads to a fragmented experience for the guest. You want to save time Time is one of your most valuable resources, and most costly expenses.

Revenue 52

Revenue Operations Services Hotels 52

BCV

JULY 20, 2021

These stats, which come from Sprout Social, don’t get any better when you consider that 40% of consumers expect a response within the first hour, and 79% expect that answer in the first 24 hours. Since people couldn’t go into physical retail locations and were using social media more often, those requests migrated to social platforms.

Hospitality 52

Hospitality Branding Business Closing 52