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OpenKey Appoints Erynn Torrenga as New Vice President of Sales

Hospitality Net

With over two decades of experience in the hospitality technology sector, Erynn brings a wealth of knowledge and a proven track record of driving sales, market penetration, and revenue growth.

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Omnitrak: U.S. domestic travel enters Q4 on slow note

Hotel Business

In October, Omnitrak’s Travel Market Penetration Index edged downward to 98.7 The slowdown in October travel market penetration aligned closely with 2022 levels, pulling the numbers below the usual summer-to-fall seasonal changes in travel demand,” said Chris Kam, president/COO, Omnitrak. According to Omnitrak , U.S.

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Omni adds Annette Bales

Hotel Business

Her key responsibilities include increasing revenues through enhanced market penetration, optimizing revenue performance at all Omni-operated properties and ensuring all strategic sales practices align with the brand’s overall business objectives. Omni Hotels & Resorts has appointed Annette Bales as VP, sales.

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Omnitrak: U.S. household travel inches up in July

Hotel Business

households traveling domestically increased slightly in July 2023, as the Omnitrak Travel Market Penetration Index inched upwards to 123.2, While international destinations are once again on the radars of U.S. travelers, the number of U.S. slightly higher than June 2022 (121.0), and relatively even with June 2023 (123.4) index levels.

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Understanding ARI: A key metric in hotel management

Cloudbeds

The other two indicators are MPI (market penetration index) and RGI (revenue generated index). In order to make the best decisions, it’s important for hotels to measure and track all three indicators to have a full overview of their performance and market.

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Thoughtful Thursday: The WHATs & WHYs of Smart Pricing!

STAAH

Mobile Market Penetration : Capture the growing market of mobile bookers by offering exclusive Device-Specific Discounts. Global Reach : Attract international guests with Regional Discounts, diversifying your guest base and expanding your market reach.

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Mews Acquires HS3 Hotelsoftware to Bolster German Expansion

Hotel Speak

The acquisition bolsters the presence of Mews in Germany, bringing significant market penetration of Mews in the market. The acquisition comes as more hotels adopt cloud technology, where Mews has grown its customer base by 93% as the post-pandemic digitalization in Germany gathers pace.