Fri.Mar 29, 2024

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DOJ and FTC Weigh in on Hotel Price Collusion Case

Skift Blog

Skift Take: Two U.S. federal agencies warned hotel companies that using the same pricing software as rivals use may risk violating antitrust law in highly concentrated markets.

Hotels 336
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CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons

Lodging

WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through March 23, 2024. U.S. Hotel Performance March 17-23, 2024 Percentage change from comparable week in 2023:Occupancy: 65.3 percent (up 0.7 percent)ADR: $162.28 (up 2.5 percent)RevPAR: $106.01 (up 3.2 percent) Among the Top 25 Markets, New Orleans reported the largest year-over-year increase in occupancy (up 13.6 percent to 75.5 percent).

Occupancy 290
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Why Companies Struggle with Hiring Salespeople Who Will Sell

Anthony Cole Training

Putting the best people in the right seats is the biggest problem identified by most business execs, especially as it applies to critical sales roles. In today’s high tech, fast-moving economy, finding the right people who can and will sell for your company is a keystone for success. What can your firm do differently to attain better results and attract top talent?

Hiring 268
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TCab Tech Raises $20 Million for Flying Taxi: Startup Funding Roundup

Skift Blog

Skift Take: There's a lot of money going into the development of flying taxis. The one featured this week has its eyes set on the Middle East and Asia.

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Don't Let AI Pass You By: The New Era of Personalized Sales Coaching & Development

Speaker: Brendan Sweeney, VP of Sales & Devyn Blume, Sr. Account Executive

Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!

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Chile’s Tierra Atacama Announces $12 Million Refresh, With New Interiors and Suites to be Revealed in 2025

Hospitality Net

The luxury desert lodge will be closed for the remainder of 2024 for a thorough upgrading of the property’s interiors, spearheaded by the original design team of architects Rodrigo Searle and Matías González, featuring refreshments to furniture and the addition of suite room types.

Closing 284
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‘Multiple Indias’: Yatra and MakeMyTrip CEOs Push Travel Industry To Embrace India’s Diversity

Skift Blog

Skift Take: The leaders of MakeMyTrip and Yatra Online advocate for a keep-your-head-down approach: understanding India's latest travelers, focusing on customer retention, and embracing the digital landscape without being bogged down by competitors.

Travel 284

More Trending

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Most U.S. Travelers Can’t Afford Their Dream Vacation: Skift Research

Skift Blog

Skift Take: It's a post-pandemic world, but most Americans don't feel their dream getaways have become more attainable. Brands would be wise to understand that sentiment as they compete to sell travel in the marketplace.

Travel 287
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Sandals Saint Vincent and the Grenadines Opens in the Eastern Caribbean

Hospitality Net

Rich in Adventure, Social Contact, and a Brilliant Array of Locally Grown Cuisine, Sandals Saint Vincent and the Grenadines Begets Exploration, Well-Being and Awe.

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This NYC Hotel Has a $30 ‘Curation Fee’

Skift Blog

Skift Take: Some hotels will come up with fancy names to hide the fact that they are charging guests an unpopular mandatory fee.

Hotels 321
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IHCL Announces the Opening of Vivanta Chitwan, Bharatpur in Nepal

Hospitality Net

Indian Hotels Company (IHCL), India’s largest hospitality company announced the opening of Vivanta Chitwan, Bharatpur. The hotel is a confluence of the vibrant tapestry of Nepal’s culture and contemporary luxury.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Spirit Airlines to Receive up to $200 Million for Pratt & Whitney Engine Problems

Skift Blog

Skift Take: The compensation could give the struggling Spirit a significant boost to its liquidity.

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Novotel makes debut in Phnom Penh: a new space to soak up quality time in Boeung Keng Kang 1

Hospitality Net

Novotel Phnom Penh BKK 1 introduces innovative and instinctive hospitality to Boueng Keng Kang 1, a lively neighborhood celebrated for its culinary, business, and entertainment offerings.

Business 228
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Southwest Airlines Acquires Jet Fuel Startup Saffire Renewables

Skift Blog

Skift Take: Southwest Airlines is developing its own ecosystem for renewable jet fuel, meant to provide more guaranteed access as production is scaled.

Scale 274
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What is the Hospitality Industry? All your questions answered

Hospitality Net

The hospitality industry is a large subsection within the service industry and is comprised of four main areas: Food & beverage, travel & tourism, lodging, and recreation. As examples, the F&B category includes restaurants, bars, and food trucks; travel & tourism covers different forms of transportation and travel agencies; lodging varies from hotel resorts to hostels; recreation refers to leisure activities such as sports, wellness, and entertainment.

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Beyond the Basics: How to Develop and Retain a Top-Performing Sales Team

Speaker: Brendan Sweeney, VP of Sales at Allego

Maximizing sales rep performance is no easy task. 📈 Traditional sales training methods focus heavily on the first few weeks in the sales role. Companies dedicate time, resources, and budget to onboarding new hires, only for them to forget what was learned in those first few weeks, lose motivation, and struggle to come to grips with their role.

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Flydubai Launches Flights to Saudi’s The Red Sea – $850 Round Trip

Skift Blog

Skift Take: The Red Sea is pitching itself as a luxury destination, with hotels and flight prices aligning with that idea.

Hotels 280
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Hotel association: Full guide on hospitality associations

Hospitality Net

A hotel association is a collective organisation that represents the interests and serves the needs of hotels and lodging businesses within a specific region, country, or on an international level.

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Property Manager Blueground Raises $45 Million 

Skift Blog

Skift Take: Blueground said it will spend the funding on tech development and business expansion.

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Exploring cultural diversity and sensitivity in luxury markets

Hospitality Net

In terms of breaking into new foreign markets, cultural sensitivity emerges as a pivotal factor in establishing trust and meaningful connections with customers rooted in their particular cultural identities and values. Based on a recent SBP, we discover the similarities and differences of three key global markets, (the UK, Japan and India), with special attention paid to the nuances that define them in the eyes of a Swiss luxury brand wanting to appeal to a new and diverse customer base.

Market 220
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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Knowland and Thynk Form Strategic Partnership

Lodging

ARLINGTON, Virginia—Knowland and Thynk announced a strategic partnership in which data from Thynk’s hospitality CRM solution will be integrated with Knowland’s meetings and events database. The collaboration of these two solutions will enable sellers to work efficiently while making market share gains. The collaboration includes: Jeff Bzdawka, CEO, Knowland, said, “Expanding Knowland’s data-driven analytics platform with rich data like Thynk provides is a key pillar for enriching our datas

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Women’s History Month Spotlight: Evan Sewell & Marvella Castaneda Champion Hospitality and Inclusion at Signia by Hilton Atlanta

Hospitality Net

At Hilton, celebrating and empowering our women team members is something we’re focused on year-round, and we believe these efforts help make us the award-winning company we are today. With so many amazing women-led teams, Hilton is proud to commemorate Women’s History Month by showcasing two outstanding leaders at the newly opened Signia by Hilton Atlanta: Director of Beverage Evan Sewell and Sommelier Marvella Castaneda.

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A Lifelong Love

Lodging

What initially inspired you to get into the hospitality business? When I was young I always had travel posters on my walls instead of celebrity portraits. I’ve always loved a hotel. They can provide luxury or safe haven, sometimes both. It’s one of the only businesses that combines all aspects of the human experience and engages all the senses. It’s an intimate, tangible and very old industry with lots of amazing history with which to […] The post A Lifelong Love appeared first on LODGING

Business 162
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The Practice of Sustainability: Beyond Educational Boundaries

Hospitality Net

I’ve been teaching sustainable tourism and sustainable hotel operations at our local college for the past three years. The students are highly engaged, as the younger generation fully aligns with sustainable initiatives and business practices, ensuring they live a sustainable lifestyle. When I teach these classes, there is a relevance to each lecture, and there is a high level of engagement from the students.

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Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i

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Hospitality Workers and Addiction – Statistics, Recovery & Treatment Options

Are Morch

The hospitality industry, renowned for its vibrant and fast-paced environment, presents unique challenges that significantly impact the well-being of its workforce. Workers often endure long hours, high levels of stress, and, in many cases, unrestricted access to alcohol, which collectively contribute to a higher susceptibility to substance abuse. The demanding nature of hospitality jobs, coupled […] The post Hospitality Workers and Addiction – Statistics, Recovery & Treatment Option

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U.S. hotel commentary - February 2024

Hospitality Net

RevPAR improved 2.0% year over year (YoY) in February, reflecting the continued return to pre-COVID patterns of low single-digit gains. Remove Las Vegas from the equation, however, and February RevPAR was down 1.4% YoY. The overall RevPAR increase was due to a solid YoY increase (+3.9%) in ADR, which was partially offset by an occupancy decline of 1.1 percentage points to 58.9%.

Occupancy 130
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Interview with Founder and CEO Kristian Valk of Hotelchamp

Refine

In this article, we interview Kristian Valk, the founder and CEO of Hotelchamp. Through Hotelchamp, Valk has combined multiple science-based methods to improve the guest experience and drive increased direct revenue for hoteliers. Can you tell us a bit about yourself? I was born and raised in the The post Interview with Founder and CEO Kristian Valk of Hotelchamp appeared first on Revfine.com.

Revenue 122
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Nurturing Tomorrow’s Hospitality Leaders: Retention through Upskilling, Reskilling, and Providing Pathways to Upward Mobility

Hospitality Net

The HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023-2024, explores the idea: Hands-on learning is the only way to build a pipeline of talent ready for unknown roles. You have to build this talent because you cannot buy them (McCarthy, 2023). As we navigate the 21st century, the need for upskilling and reskilling is more critical than ever, particularly in the sales, marketing, distribution, revenue management, and loyalty space not only

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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

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HB on the Scene: Stacia Harvey-Randall, Black Women of Hospitality Inc., on paving the way for women

Hotel Business

VP, Content & Partnerships Christina Trauthwein sits down with Stacia Harvey-Randall, hotelier/cofounder, Black Women of Hospitality Inc., about the organization’s mission to help women network and grow and how the industry can help support the organization. The post HB on the Scene: Stacia Harvey-Randall, Black Women of Hospitality Inc., on paving the way for women appeared first on hotelbusiness.com.

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Revitalizing Hotel Content Management for the Modern Consumer

Hospitality Net

In today’s consumer-driven marketplace, the hospitality industry faces the formidable challenge of adapting its content strategy to meet the evolving preferences of potential guests. This shift towards a consumer-led focus demands that hotels not only showcase content that resonates with what consumers want to see but also navigate the complexities of distributing this content across an expanding array of booking platforms.

Consumer 130
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12 Examples of Luxury Travel Ads for Wealthy Individuals

MediaBoom

With the global luxury travel market poised to rake in $1.48 trillion by 2024 , the need for luxury travel experiences hasn’t slowed one iota, necessitating luxury travel ads. After all, effective advertising in the luxury travel market is critical in differentiating yourself and driving more leads (and thus customers and revenue). What makes a travel ad “luxury?

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Taylor Swift Eras Tour arrives in Europe and ignites hotel room prices

Hospitality Net

In this blog post, we dive down even deeper than before into how the Taylor Swift phenomenon can shift the dynamics of a local market like no other music star; why smaller markets are seeing triple-digit boosts to posted rates, and how events of this scale interact with local accommodation supply.

Scale 130
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A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.