Skift Blog

JUNE 20, 2024

Skift Take: Lighthouse, the travel startup formerly known as OTA Insight, has bought Berlin-based HQ revenue. The deal marks another step in Lighthouse's strategy of expanding through talent acquisition rather than merely accumulating customer lists. Sean O'Neill Read the Complete Story On Skift

Revenue 321

Revenue Travel OTA Revenue Management 321

Hospitality Net

FEBRUARY 21, 2024

Lodging Interactive, an award-winning digital marketing, reputation management, and social media engagement agency exclusively serving the hospitality industry since 2001, in a groundbreaking move, is proud to announce the launch of Commingle360, an evolutionary service designed to transform social media engagement into direct hotel bookings and revenue. (..)

Revenue 252

Revenue Digital Marketing Hotels Services 252

Hospitality Net

SEPTEMBER 16, 2024

Hotel revenues in Oslo, Stockholm, Helsinki, and Copenhagen continue to show significant growth in 2024, though at a more moderate pace compared to last year. This slowdown was expected following the unprecedented post-pandemic surge in 2023, where hotel revenues increased by up to 36% annually.

Revenue 245

Revenue Tourism Hotels 245

Hospitality Net

APRIL 23, 2024

In a significant advancement for the hospitality technology sector, Visual Matrix is proud to announce its integration with Duetto and its flagship revenue management products: GameChanger, ScoreBoard, and BlockBuster.

Revenue Management 245

Revenue Management Revenue Management Operations 245

Lodging

JUNE 18, 2024

Fair or not, the idea that advanced revenue management software is best suited for massive high-end resorts or properties that are operating under a big brand umbrella has been stubbornly persistent among hoteliers.

Revenue Management 264

Revenue Management Revenue Management Resorts 264

Hospitality Net

MAY 14, 2024

San Diego, CA, May 14, 2024 – Cloudbeds, the premier hospitality management software platform, and Cendyn, a global integrated hotel technology and services company, have today announced a strategic partnership dedicated to driving revenue growth for hoteliers.

Revenue 264

Revenue Hospitality Management Services Hotels 264

Hospitality Net

AUGUST 1, 2024

A robust sales distribution strategy is indispensable for hotels striving to maximise revenue and drive direct bookings. By leveraging a diverse array of channels, hotels can amplify their visibility, target high-value guests, mitigate the impact of seasonality, and foster direct booking growth.

Revenue 241

Revenue Sales Hotels 241

Hospitality Net

JUNE 11, 2024

SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, and Cloudbeds, the leading platform redefining the concept of PMS for the hospitality industry, have established a strategic partnership to expand connectivity between platforms and create new revenue capabilities for more than 60,000 hoteliers (..)

Revenue 263

Revenue Hotels Hospitality 263

Hospitality Net

MAY 2, 2024

In a significant development, the Australian Revenue Management Association (ARMA) - a major peak body representing revenue and yield management in the hospitality and tourism industry - has officially endorsed Intellisoftware Pty Ltd’s AI-driven Revenue Management System (RMS) Hotel RevBoost as part of a broader strategic partnership with the company. (..)

Revenue Management 238

Revenue Management Revenue Yield Management Management 238

Hospitality Net

MAY 13, 2024

In today’s digital landscape, a successful hotel revenue strategy is more than filling rooms. It’s about targeting the right traveler and tapping into data-backed industry trends to stay competitive.

Revenue 245

Revenue Hotels Travel 245

Hospitality Net

JANUARY 30, 2024

Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report.

Revenue 262

Revenue Hotels 262

Hospitality Net

FEBRUARY 8, 2024

The HSMAI Americas Professional and Educator of the Year Awards recognize and promote excellence in the fields of sales, marketing, and revenue optimization in hotels.

Revenue 261

Revenue Market Marketing Sales 261

Skift Blog

APRIL 9, 2024

Skift Take: If you’re heading to the latest stop on Taylor Swift’s Eras Tour, you will likely need to book a flight and hotel. Expedia Group recently unveiled new data highlighting how its advertising tools enhance visibility for travel partners on their sites and can augment partner revenue during popular cultural events.

Events 299

Events Revenue Travel Market 299

Hospitality Net

NOVEMBER 13, 2024

It has to come from other revenue streams, but many are struggling to make this work. Hoteliers are starting to realise that room rates alone can’t drive the profits they need. As many reach a ceiling when it comes to average daily rates (ADR), there’s a question mark hanging over how to boost the bottom line.

Average Daily Rate 246

Average Daily Rate Revenue Hotels 246

Hospitality Net

JUNE 12, 2024

SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, and Cloudbeds, the leading platform redefining the concept of PMS for the hospitality industry, have established a strategic partnership to expand connectivity between platforms and create new revenue capabilities for more than 60,000 hoteliers (..)

Revenue 244

Revenue Hotels Hospitality 244

Hospitality Net

SEPTEMBER 17, 2024

SiteMinder, the world’s leading hotel distribution and revenue platform, is heralding a new era of revenue management for hotels with the unveiling of ‘Dynamic Revenue Plus’, the only solution for hotels to both access live market intelligence and take immediate action on their bookable inventory, pricing and distribution strategy.

Revenue Management 243

Revenue Management Revenue Management Marketing 243

Lodging

NOVEMBER 29, 2023

Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing goals for success.

Revenue Management 290

Revenue Management Revenue Sales Management 290

Hospitality Net

APRIL 24, 2024

In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenue team fully understood this.

Revenue 246

Revenue Management Hotels 246

Skift Blog

OCTOBER 22, 2024

Skift Take: IHG posted its strongest quarter of hotel openings in recent years, as the hotel giant accelerates its global expansion plans. Sean O'Neill Read the Complete Story On Skift

Revenue 305

Revenue Hotels 305

Hospitality Net

MAY 3, 2024

In a virtual roundtable discussion hosted by HSMAI Europe on Thursday last week, senior revenue management executives gathered to delve into the evolving landscape of Creating a Total Revenue Management (TRM) Culture in the hospitality sector.

Revenue Management 246

Revenue Management Revenue Management Business 246

Hospitality Net

APRIL 19, 2024

With 40% of Americans saying they plan to travel even more in 20241, there is a massive opportunity for hotel owners and operators to drive even more revenue by leveraging ancillary offerings. By now, you’re likely familiar with the concept of ancillary revenue in the hotel industry — it’s not just about selling products.

Ancillary Revenue 237

Ancillary Revenue Revenue Travel Operations 237

Hospitality Net

OCTOBER 15, 2024

Imagine having access to real data and analytics that show exactly how AI is transforming hotels today—boosting revenue, enhancing guest experiences, and optimizing operations.

Revenue 246

Revenue Operations Hotels 246

Hospitality Net

OCTOBER 28, 2024

P3 Hotel Software, a leading innovator in hotel booking solutions, has announced that Herbert Park Hotel and Park Residence, a renowned four-star boutique in the heart of Dublin, has achieved significant boosts in revenue and direct bookings by implementing P3’s Custom Booking Engine.

Revenue 246

Revenue Hotels 246

Skift Blog

MAY 20, 2024

The growth in passenger traffic will increase revenue sources for airport operators. Skift Take: India's aviation industry is expanding to increase connectivity. Bulbul Dhawan Read the Complete Story On Skift

Operations 277

Operations Revenue Retail Tourism 277

Hospitality Net

JUNE 6, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?

Revenue Management 246

Revenue Management Average Daily Rate Occupancy Revenue 246

Lodging

OCTOBER 23, 2024

hotels compared to 2019. The effects of inflation and the higher interest rates tasked with taming it are being felt by guests, with STR projecting a 6 percent decline in real RevPAR for U.S.

Revenue Management 241

Revenue Management Revenue Management Closing 241

Skift Blog

NOVEMBER 4, 2024

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. Sean O'Neill Read the Complete Story On Skift

Revenue 275

Revenue Events Hotels Branding 275

Lodging

DECEMBER 26, 2023

The popularity […] The post Taking Stock: 6 Considerations for Grab-and-Go Inventories That Boost Revenue appeared first on LODGING Magazine.

Revenue 278

Revenue Consumer Management Hotel Marketing 278

Hospitality Net

AUGUST 27, 2024

WISCO Hotel Group has made a strategic leap forward in enhancing efficiency and maximizing event revenue by incorporating cutting-edge technology from SalesAndCatering.com.

Revenue 240

Revenue Operations Events Sales 240

Hospitality Net

APRIL 23, 2024

In 2023, The Club of Revenue Management by Radisson Hotel Group (“The Club”) achieved remarkable milestones, making it a year of unparalleled success.

Revenue Management 239

Revenue Management Revenue Services Sales 239

Skift Blog

MAY 16, 2024

Skift Take: Today's podcast looks at Paris' new bookings, Gen Z's new bookings, and TUI's new challenges. Rashaad Jorden Read the Complete Story On Skift

Revenue 255

Revenue Travel Hotels 255

Hospitality Net

NOVEMBER 13, 2024

IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced today its official recognition by HOTELS Magazine as the hospitality industry’s No.1 1 rated revenue management company.

Revenue Management 183

Revenue Management Revenue Management Hotels 183

Hospitality Net

MAY 15, 2024

I was, quite literally, the first revenue manager at InterContinental Hotels Group (IHG).” When I asked Andrew Rubinacci to describe the early days of his illustrious hospitality career, his answer was one you might not expect—“I was a guinea pig,” he’ll say with a smile. “I

Revenue Management 246

Revenue Management Revenue Management Hospitality 246

Hospitality Net

MAY 22, 2024

Lodging Interactive, an award-winning digital marketing, social media, and guest review engagement agency exclusively serving the hospitality industry, today announced the rollout of Commingle Social Media Amplified, its next-level hotel social media marketing service.

Services 279

Services ROI Digital Marketing Revenue 279

Hospitality Net

AUGUST 2, 2024

What’s the keystone system that a hotel should build its tech ecosystem around? Up until now, the answer to this question was always the property management system (PMS). Without properly administered rooms inventory, you have nothing.

Ancillary Revenue 275

Ancillary Revenue Revenue Hospitality Hotels 275

Skift Blog

APRIL 27, 2024

Skift Take: Nobu, the posh restaurant chain, is expanding its luxury hotels brand. Sky-high revenue from their in-house restaurants, Robert De Niro's star power, and a culture that keeps top talent sticking around, says top exec Trevor Horwell. The secret sauce? Sean O'Neill Read the Complete Story On Skift

Revenue 340

Revenue Hotels Branding 340

Skift Blog

MAY 3, 2024

hotel revenue normalize. Skift Take: IHG saw U.S. Marriott plans to launch a new midscale brand. Hyatt aims to expand its all-inclusive resort portfolio. Sean O'Neill Read the Complete Story On Skift

Resorts 328

Resorts Revenue Hotels Branding 328