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From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
Myrtle Beach, SC-based hospitality management company Brittain Resorts & Hotels (BRH) has appointed Brittney Jones as chief development officer. Prior to assuming a position in development, she served as VP, sales, marketing and revenuemanagement, leading a team and supporting top-line revenue initiatives across the portfolio.
Crestline Hotels & Resorts, LLC announced the appointment of Leah McFarland as senior vice president of revenue strategy. McFarland joins the Crestline team from MCR Hotels where she was vice president of revenuemanagement and […] The post This Week’s Comings & Goings appeared first on LODGING Magazine.
From boutique hotels to large resort chains, businesses are up against shifting market demands, changing guest expectations, and technological advancements. A consultant can create a tailored revenue strategy that optimizes pricing for maximum profit. The hospitality industry is fiercely competitive and constantly evolving.
XOTELS – RevenueManagement eBook In the first chapter of this eBook, we will go over the definition of what is revenuemanagement in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenuemanagement to more advanced practices and strategies.
He was instrumental in the spin-off of the management platform in 2011 from parent company Tarsadia Hotels. Prior to his time in operations, he led the revenuemanagement effort in driving topline performance for the portfolio.
Ten years on from the establishment of La Vie Hotels and Resorts in Singapore, the independent hotel management company is going from strength to strength. Jerry Xu, La Vie Hotels and Resorts “We went to other management companies to learn what they do and how they do it,” La Vie Hotels and Resorts CEO, Jerry Xu, told HM. “We
She has more than 25 years of hotel experience in direct selling, marketing and revenuemanagement. Prior to joining MHC, Jacobs was a regional director of sales with Peachtree Group Hospitality Management, and before that, she was regional revenuemanager and regional director of sales and marketing with Aimbridge Hospitality.
His expertise in revenue strategy, brand positioning and market innovation will be a game-changer as we refine our commercial approach and continue redefining hospitality experiences for our guests. Sekler previously served as HRIHs SVP, revenuemanagement, where he oversaw the company’s revenue strategy.
Revenuemanagement consultancy firm ELEVAT3 has launched a new sales & marketing division to provide tailored branding solutions for hoteliers, naming industry veteran Beth Barris as EVP, sales & marketing to lead the new offering.
Resolute Road Hospitality announced the addition of Andrea Pace-Mickley as senior corporate revenuemanager. In her new role, Pace-Mickley will lead the company’s revenue and commercial strategy. As part of the Sage Investments team, Li will support new business growth.
They then can do what they do best being the driver of distribution, maximising customer loyalty, pushing the revenue lines and market performance. Channel management partners have come a long way, and they do provide an interesting solution to distribution. People have said that were giving away all our secrets in our pitch decks.
Hotel management company Springboard Hospitality has hired five new executives. The new leaders will focus on continuing to elevate and enhance the guest experience across all properties and strengthening the company’s marketing and revenue operations.
Additionally, she served as regional director of marketing and sales for Wyndham Vacation Rentals; regional market manager for Priceline.com, overseeing accounts for more than 850 participating hotels; and as regional director of revenue optimization at Destination Hotels & Resorts, focused on revenuemanagement and owner relations.
OTH Hotels Resorts (OTH), a Virginia-based hospitality ownership and management company with an asset portfolio valued at more than $775 million, has appointed James Hansen as the company’s new chief development officer. and the Caribbean, centered on adding significant third-party management agreements.
Running a small resort can be both rewarding and challenging. While you create unique experiences for your guests, managing daily operations is crucial to ensure smooth functioning and profitability. Below are the key tips for efficiently managing your resort property using modern management systems.
What is a hotel management company? A hotel management company manages the operations of a hotel or group of hotels on behalf of the hotel owners. Hotel management companies are the operators. They hire the staff, run payroll, and ensure compliance with local, state, and national laws.
Omni Hotels & Resorts has named Jeff Doane to the newly created role of chief commercial officer. Doane will report directly to president Kurt Alexander and oversee the development and execution of Omni’s integrated commercial strategy across Omni’s current portfolio of hotels and resorts in the U.S. and Canada. and Canada.
However, one of the most efficient ways to do it is by using technology to support the operations and revenuemanagement of your hotel. For example, a hotel platform like SiteMinder will help you find more guests, boost revenue, optimise pricing, enhance the guest experience, improve cash flow, analyse performance, and more.
Hotel management company EOS Hospitality has appointed Nicole Di Maio-Kennedy as VP, revenue maximization. In this role, she will spearhead the company’s revenuemanagement strategies, driving profitability and market share growth across EOS’ portfolio.
Since joining Maya Hotels in May 2023 as director, revenuemanagement, Maccari has made a marked impact by broadening the scope of commercial leadership and driving performance across revenue, sales, marketing and distribution, according to the company.
Crestline Hotels & Resorts LLC has appointed Leah McFarland as SVP, revenue strategy. She joins Crestline from MCR Hotels where she was VP, revenuemanagement & e-commerce.
As an example, instead of hiring more staff to manage tedious tasks like physically checking that rooms are ready for check-in, hoteliers are implementing technology solutions that automate these processes and empower current staff to work more efficiently. The compound annual wage growth for hotels hit 8.5%
She was previously chief revenue officer for the New York-based hospitality company, which owns and operates 26 hotels in the U.S. and Canada. She brings nearly three decades of strategic thinking, data-driven decision-making, collaboration and industry expertise to the role.
Club Quarters Hotels , a hotel brand and management company, has appointed Joseph Turano as COO. Two others have joined the executive team: Shawn Usami as VP, revenuemanagement, and Kendall Viola as VP, marketing. “We assets and developed their first third-party management agreement for the Paramount Hotel.
Hospitality investment and management company HEI Hotels & Resorts has promoted Jeremy See to the role of chief commercial officer. Jeremy is a remarkable strategist who has led HEI’s revenuemanagement organization to the pinnacle of the industry,” stated Anthony Rutledge, CEO/managing partner, HEI Hotels & Resorts.
She leads the area revenue team, supporting all 70-plus properties in the First Hospitality portfolio. She develops and implements strategic revenuemanagement initiatives to maximize overall room revenue, profit and market share for all properties.
Pacifica Hotels , owner and operator of more than 30 brand and boutique hotels on the Pacific Coast, has named Rob Miller corporate director of finance and Alan Qaulkenbush regional director of revenuemanagement. Most recently, he was the hotel manager/director of finance at Ace Hotel & Swim Club in Palm Springs, CA.
Hospitality industry veteran Steven Ellingsen has launched Somnium Hospitality Group , a full-service, multiple-brand-approved hotel and asset management company. The Chicago-based venture comprises a collection of branded hotels, full-service resorts, golf experiences and boutique properties. He serves as president/founder.
Prior to Starwood, he served in senior asset management roles at two U.S. hotel REITS, Park Hotels & Resorts, Inc. For nearly a decade, he ran his own independent consultancy, Madison Hotel Advisors, which specialized in optimizing value for hotel owners through strategic planning, revenuemanagement and capital allocation.
IHG Hotels & Resorts (IHG) has appointed Peter Palli as SVP, property, owner and stay experience products & platforms. In this role, he leads the team responsible for developing technology solutions that enhance the on-property experience, create operational efficiencies for hotels and drive returns for owners.
In this role, he will be responsible for leading the company’s commercial strategies on revenue, distribution and digital marketing to maximize efficiencies, increase profitability and accelerate growth portfolio-wide, according to EOS Hospitality, which currently operates a portfolio of 50 hotels and resorts, totaling more than 7,000 keys.
This week just one year ago, TravelNet Solutions issued an email to customers that read, in part, “Blue Star Innovation Partners, a Texas-based investment firm, is making a significant investment that will help us develop products and services faster, hire more staff, and pursue our market goals more aggressively.”
Virgin Hotels Collection , the parent company of Virgin Hotels and Virgin Limited Edition, has appointed Leo Rotshteyn as global head of revenuemanagement and distribution and Johanna Kent as chief people officer. His expertise spans revenue optimization, distribution strategies, marketing, sales and e-commerce.
Her responsibilities include managing and maximizing revenue from various sources, strategically overseeing pricing, inventory and distribution channels for the company’s hotel assets. Richard Oshiro has been named to the newly created position of regional sales manager. Tonia de Lima has been appointed financial controller.
Robert’s inspirational approach to leadership has allowed him to develop and implement financial, marketing and revenuemanagement platforms for some of the largest and most well-known brands in our industry, and we are confident that his relationships, knowledge and know-how will support our planned expansion and evolution.
He was most recently VP, revenue strategy. Hotels, Luxe Hotels, Santa Catalina Island Company and Terranea Resort. Julie Aschidamini has been promoted to VP, marketing. She has more than 20 years of experience in the hospitality industry and has held various positions at Sand Cloud, L.E.
Most recently he served as president/COO of Blackstone Real Estate (BRE) Hotel & Resorts, where he led asset management, revenue and e-commerce, capital deployment and all operations for BRE Hotels & Resorts, encompassing most of Blackstone’s hotel investments.
Regis Hotels & Resorts and Timbers Resorts and at hotel properties including Mandarin Oriental Elbow Beach Bermuda, Mandarin Oriental Hong Kong, Mandarin Oriental New York, The Dominick New York, The Langham Chicago and The St. and Woolbright Development Inc.
(assisting at the Carolina Panthers Stadium and then managing the company’s Concessions/Catering Departments). Moving on to hotels, he served as reservations and revenuemanager for three Palisociety Hotels before working as revenuemanager for OLS Hotels and Resorts (now Springboard Hospitality).
Hiring and retaining the staff Challenge Hiring and retaining staff has always been one of the most common problems in the hospitality industry. This way, you save on hiring extra personnel for payment collection and even get to pay your bills on time. Table of Content Why Should You Know About the Challenges?
” As president of Marriott since 2021 , Linnartz has led all aspects of the company’s global consumer strategy, including brand, marketing, sales, revenuemanagement, customer engagement, digital, information technology, emerging businesses and loyalty.
This includes brand management, marketing, sales, distribution, revenuemanagement, loyalty, customer experience, digital and communications. Marriott’s luxury brands include The Ritz-Carlton, Ritz-Carlton Reserve, Bulgari Hotels & Resorts, St.
Blackburn has held previous leadership roles with companies including Waldorf Astoria Hotels and Resorts, Marriott International and The Ritz-Carlton Hotel Company. In this new role, Rick will support our property level sales efforts, corporate account management, as well as revenuemanagement.
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