Mon.Nov 04, 2024

article thumbnail

Boeing Delivery Delays are ‘Pain in the Backside’ Says Ryanair CEO

Skift Blog

Skift Take: The colossal Ryanair machine relies on hyper-efficiency and a ruthless scrutiny of costs. By its own admission, Ryanair was 'over-scheduled, over-crewed, and over-costed' this summer. It won't let this happen again.

303
303
article thumbnail

PM Hotel Group and Sightline Hospitality Announce Strategic Merger

Lodging

CHEVY CHASE, Maryland—PM Hotel Group and Sightline Hospitality announced a strategic merger. This partnership marks a development in PM Hotel Group’s growth trajectory, specifically within PM Hotel Group’s lifestyle hotel division Modus by PM Hotel Group, complementing the organization’s verticals of lifestyle, differentiated hospitality, and experiential travel.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Marriott Adds Boutiques With its Design Hotels’ Brand

Skift Blog

Skift Take: Design Hotels is a Marriott brand that isn't quite a Marriott brand. It's more like an exclusive hotel club where 60% of owners have never run a boutique before. New boss Stijn Oyen is fine-tuning its strategy.

Branding 275
article thumbnail

Motel 6: Travelers Are More Likely to Drive Rather Than Fly for the Holidays

Lodging

DALLAS, Texas—U.S. travelers would rather drive than fly this holiday season as they seek familiar, flexible, and budget-friendly travel options. New data from Motel 6 and Studio 6 reveals that over half of those traveling to celebrate winter holidays this year will hit the road to their destination (51 percent) rather than take to the sky (13 percent).

Motels 264
article thumbnail

Dont 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!

article thumbnail

Boeing Strike Ends as Union Members Accept 38% Pay Rise

Skift Blog

Skift Take: Agreement after a 53-day strike is good news for Boeing and its airline customers, but don't expect the planemaker's problems to disappear overnight. This will be a long-haul recovery.

258
258
article thumbnail

Is NIMBY Hurting Your RevPAR?

Hospitality Net

We have all been there. Call it the rise of populism, the growth of grass roots movements, or the increasing recognition of environmental change, NIMBY –is impacting us in both our personal and “hotel” lives.

Hotels 246

More Trending

article thumbnail

Loyalty Program Membership, Contribution, Liability, and Costs Continue to Grow

Hospitality Net

Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions. After analyzing publicly available data from five large hotel companies, we found that while growth in several key metrics slowed in 2023, loyalty members’ overall contribution to occupancy increased, though marginal contribution per member contracted.

Occupancy 246
article thumbnail

The World’s Longest Flight Is Getting a First Class Upgrade

Skift Blog

Skift Take: Singapore Airlines already boasts one of the world’s most exclusive passenger planes. After six years of development, it’s about to take things to a whole new level.

Business 256
article thumbnail

AluaSoul Costa Adeje, part of Hyatt’s Inclusive Collection, Debuts in Spain’s Canary Islands

Hospitality Net

The 226-room adults-only hotel, located on the southern coast of Tenerife, offers travelers the opportunity to explore local attractions and activities while enjoying the conveniences of an all-inclusive hotel.

Travel 244
article thumbnail

Southwest Names IndiGo Co-Founder as Independent Board Chair

Skift Blog

Skift Take: Gangwal’s appointment marks the end of a tense battle with activist investor Elliott, which had long been pushing for significant leadership changes at Southwest.

article thumbnail

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

article thumbnail

Doug Kennedy’s Next Training Webcast: Customer Hospitality Is Bigger than Guest Service

Hospitality Net

Register your team and participate live, or view the recording, of Doug Kennedy’s next 40-minute training webcast scheduled for Friday, November 15, from Noon – 12:45pm EST.

Services 241
article thumbnail

Choice Hotels Earnings: 7 Trends and a Catchphrase – ‘Revenue Intense’

Skift Blog

Skift Take: Choice Hotels is adapting its business strategy because it believes the future of travel involves longer stays, Boomers prefering premium brands, and more trips built around sports and music events.

Revenue 215
article thumbnail

Mews acquires Sales and Catering Innovator, Quotelo

Hospitality Net

Mews, the industry-leading hospitality cloud, has announced the acquisition of Quotelo, marking its first product acquisition in France. This milestone comes on the heels of Mews surpassing 1,000 French customers, further solidifying its presence and commitment to innovation in the region.

Sales 239
article thumbnail

Brigade Hotel Ventures to IPO in India: How it Plans to Spend the Money

Skift Blog

Skift Take: As it seeks to deepen its market share and broaden its portfolio, Brigade Hotel's IPO plans highlights not just the company’s growth potential, but also the broader optimism surrounding India’s hospitality industry.

article thumbnail

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.

article thumbnail

A New Leader in Europe: Pyramid Global Hospitality Expands with Axiom Hospitality Merger

Hospitality Net

Pyramid Global Hospitality announces the strategic merger of the company’s European division, Hamilton Pyramid Europe, with Axiom Hospitality. The two hotel management companies are combining to create the UK and Continental Europe’s hotel and resort management company of choice for the region’s leading hotel sector investors.

article thumbnail

IndiGo’s First Plane With Business Class Is Ready – India Report

Skift Blog

Skift Take: IndiGo will be the only carrier in the country other than the Air India Group to offer business class. But it's not giving up on the low prices that made it popular.

Business 173
article thumbnail

Procurement for hospitality franchises and distributed locations

Hospitality Net

There are over 55,900 lodging properties in the United States, according to the American Hotel and Lodging Association. Some of the largest hotel chains own, run, or manage thousands of properties.

article thumbnail

Election 2024: The Issues That Matter For Travel

Skift Blog

Skift Take: The U.S. has made a lot of progress at removing barriers to travel. The best thing the new president can do is to keep knocking them down.

Travel 193
article thumbnail

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.

article thumbnail

Olde Mill Inn Leveraging Maestro All-In-One PMS and LodgIQ AI Integration to Wow Guests, Drive Revenues

Hospitality Net

Maestro, the hotel industry’s leading Web Browser-based cloud and on-premises All-In-One property-management system, teamed with preeminent commercial strategy platform LodgIQ to improve operations, communications and business forecasting at the Olde Mill Inn in Basking Ridge, N.J. Integration between Maestro’s PMS and LodgIQ’s AI platform is enabling the hotel’s operations team to access property information on the go, maximize profits, streamlining efficiencies, and unburden staff.

article thumbnail

The Hospitality Show Experiences Year-Over-Year Growth

Lodging

SAN ANTONIO, Texas—The Hospitality Show wrapped up its second annual event at The Henry B. González Convention Center with three days of insights, networking opportunities, and solutions designed to elevate the hospitality industry. The Hospitality Show witnessed a year-over-year growth attracting 4,800 attendees and 460 vendors, marking a 26 percent increase in attendance and a 43 percent growth in vendors.

article thumbnail

Food for thought: systemic underinvestment in hospitality marketing

Hospitality Net

With the 2025 budgeting season in hospitality underway, it’s not too late to compare marketing spend in hospitality to the broader economy. As per Gartner CMO Spend Survey, the average 2024 marketing budgets are 7.7% of total revenue, the lowest post-pandemic spend.

Market 208
article thumbnail

Lodging Econometrics: Dallas Continues to Lead the U.S. Construction Pipeline

Lodging

According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines were led by Dallas with a record-high of 194 projects and 22,803 rooms, followed by Atlanta with a record-high 166 projects accounting for 19,174 rooms, Nashville with a record-high 130 projects and 16,966 rooms, Phoenix with 123 projects/15,999 rooms, and Austin with a record-high 119 […] The post

article thumbnail

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

article thumbnail

STR Weekly Insights: 20-26 October 2024

Hospitality Net

U.S. revenue per available room (RevPAR) grew 9.3% year over year on nearly equal gains in occupancy and average daily rate (ADR). Occupancy reached 69%, up 3 percentage points (ppts), and ADR increased 4.6%. The occupancy gain was the largest since earlier this year with 82% of the 171 STR-defined U.S. markets reporting occupancy growth, the most of the past 91 weeks.

article thumbnail

Hyatt Hotels Corporation Reports Q3 2024 Results

Lodging

CHICAGO, Illinois—Hyatt Hotels Corporation reported Q3 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO, Hyatt, said, “We reported solid third-quarter results, with gross fee revenues reaching $268 million. Our pipeline reached a new record of approximately 135,000 rooms, increasing 10 percent year-over-year, and World of Hyatt membership expanded to a record of 51 million members, growing a remarkable 22 percent year-over-year.

Pipeline 147
article thumbnail

Duxton Hotel Perth selects Shiji’s PMS to power digital transformation

Hospitality Net

Shiji, the hospitality technology leader, is proud to announce its partnership with Duxton Hotel Perth, a renowned luxury five-star hotel in Western Australia. The Duxton Hotel Perth has selected Shiji Enterprise Platform PMS to spearhead its digital transformation, further enhancing guest experiences through cutting-edge technology and operational efficiency.

Hotels 244
article thumbnail

How to be a successful hotel General Manager

eHotelier

Discover the five transformative steps that will not only improve your professional knowledge but also propel your career to new heights.

article thumbnail

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.

article thumbnail

What are CAP Rates and How to Use Them

Hospitality Net

A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated by dividing the net operating income (NOI) of the asset by its purchase price. That’s what this piece is all about. It also must be said from the get-go that understanding cap rates is not so difficult.

article thumbnail

Flywheel News | October 2024 Hotel Digital Marketing News | GCommerce

gcommerce

Google AI Overview Ads are HERE Google announced it’s AI Overview Ads are now going live and will begin showing to mobile U.S. users. These ads will display directly underneath the organic AI-generated answer in the AI Overviews. No action is required to show in this space, existing Search Ads, Shopping and P-Max campaigns will be eligible to appear in the placements.

article thumbnail

A high return on experience

Hospitality Net

Hotel managers that I speak with, know that the festive period is especially magical for hotel guests and employees. The gala events, unique menus, gifts for guests and decorations can transform a hotel stay into a memorable occasion that can lead to repeat bookings as families and friends establish traditions of visiting a special location each year.

Events 184
article thumbnail

What Are Cap Rates and How to Use Them

Hotel News Resource

A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated by dividing the net operating income (NOI) of the asset by its purchase price. That’s what this piece is all about.

article thumbnail

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.