eZee Absolute

NOVEMBER 1, 2022

Statista ) In 2022, the global hotel and resort industry market was forecast to reach $1.06 Statista ) Hotel room nights demand and room revenues in 2022 are expected to nearly return to 2019 levels. Room revenue is expected to reach $168 billion and occupancy is projected to be 63.4%. Revenue Management.

Hospitality 52

Hospitality Revenue Management Revenue Travel 52

Cloudbeds

APRIL 30, 2024

A question that likely keeps you up at night is, ‘How can I boost revenue per available room (RevPAR) and outpace my competitors?’ It’s the bedrock of hotel revenue management , and for good reason. But it’s not solely about revenue. Why is hotel price optimization an essential pillar of revenue management?

Revenue 52

Revenue Revenue Management Occupancy Hotels 52

SiteMinder

NOVEMBER 30, 2023

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Family travel makes up 30% of global outbound tourism trips. The US tourism sector is worth almost $8 billion.

Travel 52

Travel Accommodation Tourism Hotels 52

Cloudbeds

NOVEMBER 13, 2024

The Hotel Marketing Podcast is for hotel marketers, revenue managers, and hospitality professionals looking to enhance their marketing efforts. Topics range from travel technology to hospitality and tourism developments. Episodes cover topics like social media strategies, SEO, and direct booking tactics. Who’s it for?

Hospitality 52

Hospitality Events Hotel Marketing Market 52

Xotels

NOVEMBER 23, 2023

Hotel Management Strategies If you want to read more about management strategies on everything hotel management? Read the articles below: Top 5 Essential Hotel Management Tips for The Perfect Guest Experience How to Make Your Hotel Stand Out? See our Hotel Revenue Manager Job Description.

Management 40

Management Revenue Management Hotels Operations 40

Xotels

NOVEMBER 23, 2023

Hotel Management Strategies If you want to read more about management strategies on everything hotel management? Read the articles below: Top 5 Essential Hotel Management Tips for The Perfect Guest Experience How to Make Your Hotel Stand Out? See our Hotel Revenue Manager Job Description.

Management 40

Management Revenue Management Hotels Operations 40

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. An annual revenue growth rate of 4.2%

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

Little Hotelier

FEBRUARY 28, 2024

An Italian web developer and hotel consultancy, their process begins with a Revenue Check analysis, after which they identify the commercial and sales growth objectives that will form the basis of your website build. In-depth knowledge of the hospitality industry and local tourism market. In-depth revenue growth analysis and forecasts.

Hotels 52

Hotels Accommodation Revenue Business 52

Cloudbeds

MARCH 23, 2023

Why eCommerce is important for lodging operators According to Statista , 69% of total revenue from the global travel and tourism market is booked online, representing approximately $475 billion in revenue in 2022 and forecasted to surpass $521 billion in 2023. Keep online listings current and consistent.

OTA 98

OTA Digital Marketing Market Marketing 98

SiteMinder

SEPTEMBER 12, 2023

An optimal hotel distribution strategy always includes a healthy mix of direct and third-party bookings, with a broad variety of potential revenue streams. Wholesalers do bring up a lot of debate however, and have been a point of contention in the hotel industry due to the potential frustrating drawbacks for property and revenue managers.

Travel 52

Travel Hotels B2B OTA 52

SiteMinder

AUGUST 1, 2024

Research the current and projected demand for hotels in your location, taking into account factors such as population growth, tourism trends, and economic activity. Research emerging travel trends, such as sustainable tourism, experiential travel, or the growing demand for wellness amenities.

Business 52

Business Revenue Hotels Occupancy 52

Hotel Business

OCTOBER 27, 2023

For full-year 2023, the group is confirming its forecast of net unit growth in the network between 2% and 3%. Consolidated revenue The group reported third-quarter 2023 revenue of 1.286 billion euros ($1.359 billion), up 13% like-for-like (LFL) versus Q3 2022. Hotel Assets & Other revenue was up 10% LFL relative to Q3 2022.

Revenue 72

Revenue Occupancy Services Management 72