Hotelogix

AUGUST 6, 2024

Moving from merely managing hotel revenue to maximizing profit is a critical transformation that ensures your property's long-term success. This shift requires a comprehensive approach integrating cost control, strategic marketing, and top-notch guest services. Read Also: What is Dynamic Pricing in Hotels?

Revenue 52

Revenue Management Upsell Target Marketing 52

Little Hotelier

AUGUST 12, 2024

As a property management system built specifically for small properties, that’s exactly what Little Hotelier can deliver. When you have lower operating costs, you can more comfortably offer more competitive rates, winning business and growing your market share. Dial up your hotel’s efficiency and earn more revenue.

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

Cloudbeds

MARCH 27, 2025

San Diego, CA Cloudbeds, the premier hospitality management software platform , has today released the second edition of its annual State of Hostels report. We’re committed to empowering this vital lodging segment with the data, insights, and tools they need to capture market share and thrive in 2025.

40

40

Hotel Speak

FEBRUARY 26, 2024

26, 2024 – Cloudbeds, the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024. 1 PMS, No.

Average Daily Rate 110

Average Daily Rate OTA Overbooking Travel 110

Hotel Business

JANUARY 9, 2023

2022 has been a successful one for the hospitality industry, with hotel room occupancy surging near the record-high 2019 levels. We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. By Shilpan Patel.

Services 116

Services Revenue Occupancy Travel 116

Hotel Speak

SEPTEMBER 26, 2024

Certainly rates and occupancy grew very nicely in 2023, but we reached a plateau where we couldn’t really push rates any further,” Jon Siberry, Group Revenue Manager of Sarova Hotels explained. Any increase in revenue is going to come through occupancy, so 2024 has been a bit more of a push. billion in 2024 to $1,932.73

Market 104

Market Marketing Hotels Forecasting 104

SiteMinder

AUGUST 1, 2024

Rate shopping your hotel competitor rates gives you the opportunity to: Optimise pricing: Understanding competitor pricing helps you set competitive rates, maximising revenue without sacrificing occupancy. Identify pricing gaps: You’ll be able to spot chances to increase rates without losing market share.

Shopping 78

Shopping Revenue Average Daily Rate Revenue Management 78

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.

Forecasting 59

Forecasting Hospitality Occupancy Revenue Management 59

SiteMinder

MAY 18, 2022

In this edition we spoke to Markus Seemann, founder of 9seemeilen Hospitality, about all things hotel revenue management. Every hotel deserves professional revenue management. I believe that not only chain hotels should have access to revenue management but also all other hotels. Table of contents.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Hotel Speak

JULY 24, 2024

Effective hotel distribution strategies enable hotels to target the right audience, optimise occupancy rates, and enhance revenue management. Strategic distribution means hotels can minimise the impact of seasonal fluctuations while accessing real-time market data to inform pricing strategies swiftly, ensuring competitive advantage.

OTA 101

OTA Hotels Revenue Marketing 101

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotel Business

AUGUST 9, 2023

“Our team is united in our focus on finding the right business, at the right time, at the right price point while continuing to shift market share away from our competition and providing service that is realizing strong customer retention,” said Fraser.

Market Share 52

Market Share Revenue Occupancy Hotels 52

Bookassist

NOVEMBER 4, 2022

[Joanna] Despite hoteliers’ concerns at the start of the year, the number of bookings and occupancy rates during this summer in Poland were actually at a reasonable level. That takes time, building brand awareness in a new market. But we also can tailor that knowledge to the local markets as you mentioned above.

Market 52

Market Marketing Management Sales 52

Hotelier Magazine

MAY 16, 2023

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. The intuitive, multi-lingual software also rolls out new functionalities, such as user and competitive set self-management as well as high-frequency updates to data.

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

Hotelogix

DECEMBER 19, 2024

This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. Revenue Management Figuring out room prices can be tough.   For instance: Staff Scheduling: Make the best use of your workforce based on expected occupancy and demand. Here are some examples.

Business 40

Business Hotels Forecasting Revenue 40

Amadeus Hospitality

FEBRUARY 28, 2023

Today, hoteliers need access to comprehensive, forward-looking market insights to better understand and adapt to rapidly changing conditions. The access to forward-looking insights from Amadeus’ Demand360 solution will offer the opportunity to shift market share and grow Ascott’s business.

Business 55

Business Occupancy Revenue Market Share 55

Hotelogix

NOVEMBER 28, 2024

Hotelogix Hotel Management System Hotel market segmentation is essential for tailoring marketing strategies and enhancing guest experiences by identifying and targeting specific customer groups.

Hotel Marketing 40

Hotel Marketing Marketing Market ROI 40

Travel Media Group

MARCH 16, 2022

Host Ryan Embree discusses how hotels can position themselves to capture market share and secure bookings from both engaged couples and wedding guests. And it's having a huge impact on occupancy. And that means a lot of occupancy opportunity. Listen now! million weddings in 2022. Listen now!

Digital Marketing 52

Digital Marketing Market Share Hotels Occupancy 52

Cloudbeds

MARCH 21, 2024

The findings suggest hostels are outpacing other accommodations in terms of occupancy rates, while average daily rates (ADR) for private rooms have grown globally. Cloudbeds’ insights are grounded in data from 3,000 properties across 95+ countries in North America, Latin America, Europe, and the Asia-Pacific region.

Average Daily Rate 52

Average Daily Rate Occupancy Accommodation Travel 52

Hotelier Magazine

OCTOBER 10, 2024

By Amy Bostock The post-pandemic landscape for hotel management has become more competitive, with owners and investors seeking partners who can not only maximize asset value but also navigate uncertainty and change. There’s a stronger focus on flexibility and more performance-based management fees tied to key metrics like RevPAR and GOP.

Hotels 52

Hotels Marketing Market Services 52

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. Both are valuable and provide relevant information to help with marketing efforts, pricing decisions, customer experience enhancements, and more. Revenue management KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40

SiteMinder

OCTOBER 10, 2022

The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. For example, STR data reveals that the average occupancy rate across US hotels in August 2022 was 66.5%, and the average daily rate was US$151.49.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Boutique Hotel News

APRIL 18, 2023

The company offers a full suite of solutions for hotels of all sizes including property management, distribution solutions for inventory sales and management, an automated IoT Hub connecting all hardware, and AI services based on a Yanolja Cloud integrated data lake. per cent. • To date, Yanolja has secured over $2 billion in funding.

Hospitality 52

Hospitality Revenue Management Occupancy Revenue 52

Cloudbeds

FEBRUARY 26, 2024

San Diego, CA, February 28, 2024 – Cloudbeds , the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, today released its 2024 State of Independent Lodging Report. Key findings from the report include: Occupancy patterns are projected to remain consistent in 2024.

Average Daily Rate 52

Average Daily Rate OTA Overbooking Travel 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing. From Hotel Finder to GHA.

Market Share 52

Market Share Hotels OTA Cancellation 52

STAAH

JULY 8, 2024

Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies. Here’s a comprehensive guide to help accommodation providers optimize their efforts and maintain steady occupancy rates during economic downturns.

Digital Marketing 52

Digital Marketing Accommodation Market Marketing 52

TravelNet

APRIL 25, 2024

Supply growth in 2021 and 2022 had a significant negative impact on 2023 occupancy. The decline in occupancy since 2021 appears to have leveled out. 2024 is shaping up to be a market-correction year: Inflation is expected to decline further and is currently outpaced by wage growth. Aggregate ADR was lower than the previous year.

Marketing 52

Marketing Market Occupancy Business 52

TravelNet

APRIL 25, 2024

Supply growth in 2021 and 2022 had a significant negative impact on 2023 occupancy. The decline in occupancy since 2021 appears to have leveled out. 2024 is shaping up to be a market-correction year: Inflation is expected to decline further and is currently outpaced by wage growth. Aggregate ADR was lower than the previous year.

Marketing 52

Marketing Market Occupancy Business 52

Hotelogix

OCTOBER 14, 2023

That being said, there are a handful of KPIs for hotel general manager which help hoteliers meet the benchmarks set. These KPIs range from the daily operations to financial performance to sales and marketing and customer service. The occupancy rate is found out by dividing the number of occupied rooms with the total available rooms.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

SiteMinder

JUNE 24, 2024

For hotel owners and operators, Atrápalo hotels offers an extranet that allows them to manage their listings, update availability, and access valuable insights to maximise their bookings and revenue. Remember that this can be done through the SiteMinder channel manager as well. The setup was super easy. The answer is yes.

Hotels 52

Hotels Revenue Accommodation Travel 52

Amadeus Hospitality

MAY 7, 2023

Commenting on the new agreement, Deniel Frey, VP Revenue Management, H-Hotels GmbH , said: “Our long relationship with Amadeus has been strengthened even further with the addition of several key Digital Media solutions.

Market Share 52

Market Share Marketing Market Travel 52

Hotelier Magazine

APRIL 4, 2024

CBRE’s Canadian Hotel Industry Outlook Report (Q3 2023) projects strong and stable occupancy and Revenue Per Available Room (RevPAR) growth for the Canadian hotel industry through to 2027. Occupancy is projected to remain at a profitable 66 to 68 per cent, with RevPAR growing to $140 by 2027.

Operations 40

Operations Real Estate Average Daily Rate Occupancy 40

Xotels

AUGUST 15, 2022

Read through our step-by-step guide explaining how to get ready for 2023 with our hotel management company´s best hotel budgeting practices. I have to share with you a funny story to budgeting with you. So we are working with many different hoteliers, and in this case, it pertains to the management of a resort. Email marketing.

Marketing 59

Marketing Market Hotels ROI 59

Amadeus Hospitality

JUNE 27, 2023

The insights provide a clear snapshot of hotel occupancy and booking trends, along with information on which sectors are meeting, group size, and the size of their meeting space. Our ultimate goal is to give hoteliers and DMO/CVBs all the tools they need to develop strong marketing and revenue strategies to increase their market share.”

Business 52

Business Hospitality Events Average Daily Rate 52

Travel Media Group

JULY 19, 2023

We’re heating up a very, very busy summer season, but I am very excited about our guest because she’s got some exciting news about a chapter for definitely a hospitality trailblazer management company out there, Remington Hospitality. I did leave Marriott after almost 14 years and went to a hotel management company.

Hospitality 97

Hospitality Marketing Market Business 97

Catala Consulting

JULY 13, 2022

They include rent and mortgages, property taxes, staff salaries, cables and internet, hotel management software costs, health premiums for staff, maintenance fees, internet, televisions ads, and franchise fees (if applicable) 2. If your hotel uses 10 software, that means ten account managers and ten monthly bills. But that is not true.

Operations 52

Operations Hotels Revenue Revenue Management 52