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International travel plays a crucial role in urban hotel demand, with a strong correlation between inbound foreign arrivals and urban hotel occupancy. Cities that focus on intentional tourism and leverage technology will garner long-term investor interest, with foreign capital likely to be the most acquisitive in 2024.
Robert Shrimsley, Editorial Director for the Financial Times, began the AHC by noting that there remains “a phenomenal amount of unanswered questions” when it comes to the UK’s new leadership’s direction, intentions and roadmap for success. Robert Shrimsley, Financial Times 2.
Lims philosophy centres around creating spaces that harmoniously reflect their environmental, cultural, and historical contexts while incorporating intentional quirkiness to ensure every visitors unique and memorable experience. Previously Coma was a Senior Architect at Coopar Cromar Ltd.
Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. As a result, hotels will maximise partnerships with retailers and become more multifaceted in their approach,” he says. “The
Armed with this knowledge, along with guests travel intentions, preferred dates of stay, and even age range, gender and place of origin, hoteliers create packages and promotions that drive direct bookings, while enhancing brand recognition and maximizing revenue along the way.
Pros of hotel room wholesalers With wholesalers selling to online travel agents and retail agents, no stone is left unturned in the mission to get your property in front of as many eyes as possible. Let’s take a look.
Where we got to the closest thing to zero occupancy is we could get, but there was still a demand for that type of, uh, stay for that type of experience. Retail is another one. And we know our honors guests are fiercely loyal, Home2 runs over a 70% honors, um, occupancy. And I think that says a lot. So a lot of good tweaks.
Kindred’s recent acquisition of intentional dating app Mango allows the company to build AI-powered matchmaking to efficiently and effectively connect users, giving it an edge over competitors. The end of 2022 saw its strongest month to date occupancy-wise.
Our intention is to provide ‘Refreshingly Local’ experiences.” We have a lot of systems that show data such as occupancy and rates at other hotels,” Dan shared. “We want to be in a niche that big brand boxes can’t provide, that Airbnb can’t provide. We can provide reliable cleanliness and safety but also a local experience.
We’re not just looking at past occupancy rates, but can bring in customer segments and property types and weather and plane schedules – a wide range of external or causal factors. AI can understand intonation and intent and give feedback on how well an interaction went. Look at industries like retail or gaming.”
Our intent is to build brands either around a collection or an individual asset so that not only the guests, but even more so firstly, our team members can understand what it is that they’re being asked to deliver on. They’re looking at their occupancy as even 60, 90 days into spring, spring break.
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