Sun.Feb 25, 2024

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STR Weekly Insights: 11-17 February 2024

Hospitality Net

Super Bowl Sunday, a high-performing Monday, and a soft President’s Day weekend were the most important factors in the latest week of data. U.S. RevPAR increased 1.6% year over year, driven entirely by ADR (+4.2%), while occupancy declined for an eighth consecutive week. Sunday produced the largest RevPAR gain of the week (+19%) followed by Monday (+11.6%).

Occupancy 243
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Unlock the power of the cloud – Vostio

Hotel Management

Vostio: The Future of Hotel Security. A cloud-based system that empowers hoteliers to manage security operations remotely. Built with industry standards, it ensures data security and peace of mind without local servers. In the fast-paced world of hospitality, hoteliers are constantly seeking innovative solutions to enhance security and streamline operations.

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TravelAds tips and tricks to boost hotel bookings

Hospitality Net

To help you efficiently and effectively boost bookings and meet your advertising goals, our digital experts consistently analyze our exclusive first-party data. This data contains valuable insights including travel trends, market conditions, travel intent, and more. With your specific needs in mind, we then provide timely recommendations to inform your TravelAds Sponsored Listings campaigns.

Intent 238
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How to design an efficient hotel kitchen

eHotelier

This guide will walk you through the essential steps to create a kitchen that meets the demands of a busy hotel environment, focusing on simplicity and functionality.

Hotels 124
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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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Seattle Hotel Market: A Shining Beacon of the Pacific Northwest

Hospitality Net

A key driver of Seattle’s leisure demand is its cruise industry. In 2023, the number of Alaska cruises reached 291, a record number compared to 213 in 2019. The Port of Seattle estimates the annual impact of a cruise season on the region at $900 million. This demand particularly benefits local hotels, as passengers typically stay overnight in Seattle before and/or after their trip.

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Hospitality benchmarks for database health in 2024

Revinate

Your hotel guest database isn’t going to tell you when it’s sick. But your marketing communications will show it. While you won’t be able to take the literal temperature of your database, but there are several indicators and industry benchmarks that can reveal the health of your database and whether it’s spiking a fever. Database [.] The post Hospitality benchmarks for database health in 2024 appeared first on Revinate.

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Sahid Hotels & Resorts drives a 25% uplift in online revenue with STAAH

STAAH

Detailed data and insights helped the Sahid Hotels & Resorts team make better decisions and improve profitability. Sahid Hotels & Resorts is Indonesia’s first National Hospitality Company established in 1965, through its first hotel property Sahid Jaya Solo. Since its inception, the company has continued to grow, announcing its first foray into the global market by managing hotels in Uzbekistan.

Revenue 85
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Hyatt House Tokyo Shibuya Debuts as Tokyo’s First Hotel Within the Hyatt House Portfolio

Hospitality Net

Home-away-from-home living accommodations for working and relaxing in Tokyo offer the ideal combination of convenience, comfort and community.

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Can China’s New Plane Compete With Airbus and Boeing?

Skift Blog

Skift Take: China's state-owned plane maker is presenting the COMAC C919 on the international stage with high hopes of stealing market share from Airbus and Boeing.

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Lobby Renovations Are an Irrational Expense Yet Essential for the Guest Experience

Hospitality Net

Summary: As the place where first impressions are codified by guests, the lobby experience must be strong. Thinking broader, a great lobby also contributes to a hotel’s overall reason to visit which in turn supports occupancies and higher nightly rates. Moreover, a vibrant lobby is a space where visitors will want to linger, resulting in greater food and beverage sales.

Occupancy 183
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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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Tropical Smoothie Cafe Rewards Financial Literacy

Hospitality Tech

Tropical Smoothie Cafe teams up with Greenlight Financial to teach teens about financial literacy. The brand rewards kids and teens for completing Level Up challenges in the Greenlight app.

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Navigating company restructuring: Building resilience through change

Hospitality Net

Navigating through company restructuring poses its challenges, yet employing specific tools can significantly ease the process for both employees and the leadership team; allowing for a smoother transition and cultivating resilience amid change.

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Hotel brands: Complete guide to the top hotel chains

SiteMinder

What are hotel brands? Hotel brands are unique identities created by hotel chains or individual hotels to stand out in the market. They represent a mix of services, designs, and experiences tailored to different types of guests, such as luxury seekers or budget travellers. These brands help hotels attract loyal customers, showcase what makes them special, grow their revenue , and compete effectively in the busy hospitality sector.

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?Hyatt Reports Fourth Quarter and Full Year 2023 Results

Hospitality Net

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) last week reported fourth quarter and full year 2023 financial results.

Hotels 100
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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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Radisson Hotel Group opens first bold Radisson RED hotel in Southeast Europe

eHotelier

Radisson RED Belgrade has opened its doors as a new upscale lifestyle hotel, marking the debut of the vibrant Radisson RED brand in Southeast Europe. Located on Takovska Street near the House of the National Assembly, Radisson RED Belgrade offers a unique blend of tradition and contemporary style, following a complete renovation and rebranding of the existing hotel building.

Hotels 52
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5 best revenue management consulting companies and services

Little Hotelier

What is revenue management consulting? Revenue management consulting is specialised expertise that a business can bring in to gain guidance on managing and optimising revenue. In terms of hotel revenue management consulting, this guidance usually takes the form of more effective pricing – identifying and setting room rates that are alluring to your target market and result in more bookings, while maximising the amount you earn from each booking.

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Pierre-Louis Renou appointed General Manager at Carlton Cannes, a Regent Hotel

eHotelier

April 1, 2024, marks a significant milestone for the Carlton Cannes, a Regent Hotel as they welcome Pierre-Louis Renou as their new General Manager. Pierre-Louis Renou is a seasoned professional with an impressive international background, having held pivotal roles in renowned hotel groups such as Concorde Hotels, Hilton, Barrière, and Accor.

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Hospitality Industry News and Reports

SiteMinder

What is hospitality industry news? Hospitality is forever changing, in response to new technologies, market trends, customer tastes and more. By keeping up with the news about hospitality industry trends and events, a hotel can ensure that these changes won’t be detrimental to its business, and it can hopefully capitalise on these developments. Sifling through endless news to find the valuable stuff can be a time-consuming pursuit, however.

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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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Holistic Hospitality for the Guests and Environment

eHotelier

From Georgia to Ecuador, conscious hoteliers are making positive impacts around the world by paving the path forward with both guests and the environment in mind. Historic buildings and materials are finding new life. Natural and renewable energy sources are powering entire properties. And importantly, local communities and partnerships are always prioritized.

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Hotel booking plugin: Top 10

SiteMinder

What is a hotel booking plugin? Direct booking plugins are apps that will further reduce your reliance on OTAs by bringing more features and greater functionality to your existing booking engine. These apps, similar to those offered on SiteMinder’s Hotel App Store , are designed to complement and enhance the way you attract, serve, and gain value from your guests.

Hotels 52
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Virgin Voyages Powers Fastest Internet at Sea with Industry-First Integrated MEO-LEO Service from SES

Hospitality Tech

Virgin Voyages becomes first cruise operator to use integrated SES Cruise mPOWERED + Starlink PRO offering to deliver unmatched guest experience onboard its fleet.

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Mantra Melbourne Epping Hotel listed for sale

eHotelier

The near new Mantra Melbourne Epping Hotel in Melbourne’s North has been listed for sale by Australian Proprietary Company Epping SPV.

Sales 59
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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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Revolutionize and Mastering Renovation, Innovation.

Belza

Revolutionize and Mastering Renovation, Innovation, and Sustainability for Profitability | Hotel Marketing

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Glen Macdonald appointed General Manager of Cairns Harbourside Hotel

eHotelier

Prominent Cairns hotel and tourism executive, Glen Macdonald, has been appointed General Manager of Cairns Harbourside Hotel.

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Booking.com has a problem

Hospitality Today

While Booking Holdings’ ticked all the boxes with its 2023 earnings, its projected 7% growth for 2024 sharply contrasts with last year's 24%

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Accor launches new ALL Meeting Planner campaign: ‘We must start meeting like this’

eHotelier

Accor, is thrilled to launch its latest campaign for meetings and event organisers – ‘We must start meeting like this’.

Events 52
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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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Loyalty worth paying for

Hospitality Today

While paid loyalty programs in travel are still niche, they represent the most profitable and engaging approach at the pinnacle of the loyalty ladder

Travel 40
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Hilton, Mars Petcare and Greater Good Charities Team Up to Donate More Than 100,000 Towels to Hundreds of Animal Shelters

Hospitality Net

Hilton, in collaboration with Mars Petcare US, Inc., the world’s largest pet care company, and global nonprofit Greater Good Charities, announces it will donate more than 140,000 pounds of retired towels, bathmats, washcloths and other terry products from its hotel properties to local animal shelters across the U.S. and Canada.

Hotels 264
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HSMAI reveals top hospitality talent trends

Hospitality Today

One of the trends is the dynamics of a multigenerational workforce – how different age groups bring unique strengths and perspectives to the table

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Advanced technologies bring about change for independent hotels

Hospitality Today

Unplanned over-bookings, front desks staffed 24/7, and marketing or finance degrees to optimize revenue will soon be a thing of the past

Revenue 40
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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.