Skift Blog

NOVEMBER 15, 2023

Skift Take: Taipei-based tours and activities operator KKday wants to grow its market share, but with it comes delivery challenges beyond the sector's offline fragmentation. Selene Brophy Read the Complete Story On Skift

Operations 306

Operations Market Share Travel Market 306

Skift Blog

NOVEMBER 4, 2024

Skift Take: As it seeks to deepen its market share and broaden its portfolio, Brigade Hotel's IPO plans highlights not just the company’s growth potential, but also the broader optimism surrounding India’s hospitality industry. Peden Doma Bhutia Read the Complete Story On Skift

Market Share 264

Market Share Hotels Market Marketing 264

Skift Blog

MARCH 17, 2023

Skift Take: The hotel brands have largely captured market share in the upscale segment and are now expanding their portfolios into the relatively un-penetrated luxury and midscale/premium economy space that offer the greatest opportunity for further branded share gains. Pranavi Agarwal Read the Complete Story On Skift

Branding 279

Branding Market Share Hotels Market 279

Skift Blog

SEPTEMBER 17, 2024

Its ability to overhaul operations, modernize services, and win back market share will determine whether it can compete effectively against heavyweights like Emirates and the ever-dominant Indigo. Peden Doma Bhutia Read the Complete Story On Skift

Market Share 264

Market Share Services Operations Market 264

Skift Blog

JUNE 7, 2023

Skift Take: Marriott sees Homes & Villas as a key part of keeping its customers happy to grow its loyalty market share, as opposed to dominating the short-term rental market. Selene Brophy Read the Complete Story On Skift

Market Share 264

Market Share Market Marketing Hospitality 264

Lodging

SEPTEMBER 10, 2024

This acquisition underscores our continued appetite for transactions that offer strong growth potential in both market share and asset value,” said Mehul Patel, managing partner and CEO, NewcrestImage.

Market Share 264

Market Share Market Marketing Management 264

Hospitality Net

NOVEMBER 9, 2023

In the perpetual quest to achieve greater market share, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help.

Revenue 244

Revenue Market Share OTA Hotels 244

Hospitality Net

AUGUST 8, 2024

What I caution from the start, though, is that this is an arms race; if every hospitality brand is gunning for improved market share or ADR growth by ramping up their personalization, then you can’t rest on your laurels. And rightfully so, as there’s a ton that hotels can and should be doing to enhance the guest experience.

Market Share 246

Market Share Branding Hospitality Market 246

Hospitality Net

MAY 2, 2023

IRIS, the leading provider of digital F&B and guest experience platforms, is set to increase its market share across China’s growing hospitality market. Today it announces a new partnership with Asia-based hospitality technology reseller MYM, utilising IRIS’s Chinese Azure cloud solution.

Market Share 246

Market Share Operations Market Marketing 246

Hospitality Net

OCTOBER 14, 2024

The African Hotel Chain Development Pipeline Report, the most trusted industry source, shows that Egypt holds a 28% market share, with the Big 5 hotel groups responsible for 71% of the pipeline across the continent.

Pipeline 246

Pipeline Market Share Hotels Market 246

Skift Blog

MARCH 27, 2023

Skift Take: Despite the volatility of the past few years, China is on track to become the world’s largest tourism market by 2032. As domestic travel returns, Accor is gaining market share by accelerating growth and tailoring solutions for the Chinese market. Accor Group Read the Complete Story On Skift

Market Share 246

Market Share Tourism Market Marketing 246

Hospitality Net

AUGUST 24, 2023

By applying economic theory to this practice, hoteliers utilizing revenue management not only can optimize revenue generation, but also achieve economies of scale, earn market share, and foster long-term success.

Revenue Management 246

Revenue Management Revenue Management Market Share 246

Hotel Operations

FEBRUARY 25, 2023

Why Remington invested in service when others were cutting back “We knew that business would come back around eventually, and wanted to grab market share while everyone is operating very lean. Early on, we saw overall both our guest satisfaction scores and market share improving for the entire portfolio.

Market Share 98

Market Share Branding Market Marketing 98

Skift Blog

MARCH 29, 2023

Skift Take: TUI's ability to move beyond its safe middle-market playground through an expanded luxury offering came under the spotlight at the Skift Future of Lodging Forum. Ultimately, a brand's market share is way more than customer segments — it's really rooted in experience and value.

Branding 246

Branding Market Share Hospitality Market 246

Hospitality Net

APRIL 18, 2023

These projects will continue to encourage existing properties to innovate and update to keep market share. Several large-scale projects planned for 2023 and beyond will alter the waterpark landscape at both indoor and outdoor waterparks.

Market Share 244

Market Share Scale Operations Market 244

Hospitality Net

JANUARY 30, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market," shared Omer Acar, CEO, Fairmont Hotels & Resorts. The city emanates an undeniable energy, with incredible heritage and culture at its core, which is a perfect fit for the iconic Fairmont brand.

Market Share 257

Market Share Resorts Branding Business 257

Hotel News Resource

FEBRUARY 12, 2024

of industry-wide market share, up from 15.2% Hotel demand fell 1.6% in December, while short-term rental demand rose 4.3%. Short-term rentals now represent roughly 18.6% prior to the pandemic.

Market Share 73

Market Share Market Marketing Hotels 73

Hospitality Net

APRIL 11, 2024

The power or AI; Machine learning and how it is imperative to maintain market share and profitability. Introduction - You have the best pricing strategy in place. You have even implemented pricing automation. Last edition we talked about it. Having a powerful RMS is not enough.

Market Share 233

Market Share Revenue Market Marketing 233

Hospitality Net

OCTOBER 3, 2024

By leveraging data in key areas, hoteliers will streamline operations, reduce costs, and drive market share. Nearly 75% of hoteliers report using some form of data analytics to drive decision-making processes, according to a recent Hospitality Technology study.

Operations 195

Operations Market Share Hotels Hospitality 195

Skift Blog

APRIL 25, 2024

Skift Take: Despite having the largest market share in India and a fleet size of 350 jets, the low-cost carrier has only operated narrow-body aircraft. Bulbul Dhawan Read the Complete Story On Skift

Market Share 182

Market Share Operations Market Marketing 182

Hospitality Net

MAY 3, 2023

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry.

Real Estate 214

Real Estate Market Share Market Marketing 214

Hospitality Net

JANUARY 7, 2024

However, the trend is shifting as hotels of all sizes increasingly embrace the outsourced revenue management model to enhance their revenue performance and market shares, without increasing their payroll costs.

Revenue Management 189

Revenue Management Revenue Management Market Share 189

Hospitality Net

MAY 22, 2024

It involves increasing an organization’s size - its market share, revenue, and headcount. Business leaders must approach the growth process with caution. However, it’s crucial to remember that bigger is not always better. Growing a business is a journey fraught with risks.

Market Share 203

Market Share Revenue Business Services 203

Hospitality Net

MAY 3, 2024

In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels.

Market Share 189

Market Share Market Marketing Hospitality 189

Hospitality Net

MAY 8, 2023

India’s amusement & theme parks industry is still nascent, accounting for only a minuscule global market share, however, demand in this segment is expected to increase in the future. Read on to know more.

Market Share 176

Market Share Market Marketing 176

Hospitality Net

APRIL 11, 2023

Online travel agencies are taking back some of the distribution market share they lost to hotel chains during the years leading up to the pandemic, as companies such as Expedia Group and Priceline parent Booking Holdings have ramped up marketing investment and product improvements to sell more room nights to prospective U.S.

Market Share 184

Market Share Travel Market Marketing 184

Lodging

FEBRUARY 5, 2024

Fairmont New Orleans will be an impressive new addition to Fairmont’s luxury portfolio in a key North American market,” shared Omer […] The post Fairmont New Orleans to Open in Summer 2025 appeared first on LODGING Magazine.

Market Share 182

Market Share Resorts Branding Business 182

Hospitality Net

APRIL 29, 2024

When new luxury and upper-upscale hotels enter a market, it can serve as a call to action for other hotels to up their game. For these legacy hotels, the challenge is not just to maintain market share but also to reinforce their foothold among new entrants.

Market Share 160

Market Share Hotels Market Marketing 160

Belza

NOVEMBER 4, 2023

Creative Strategy for Hotels To Grow Leisure Market Share | Hotel Marketing

Market Share 52

Market Share Market Marketing Hotel Marketing 52

Belza

NOVEMBER 6, 2022

Overpowering Hotel and Resort Market Share with Pet-Friendly Approach | Hotel Marketing

Market Share 52

Market Share Market Marketing Resorts 52

Lodging

JANUARY 9, 2024

This property acquisition adds to its base in the Orlando market, bringing the total to eight properties and 1,521 rooms. With ownership and operation in the Orlando Airport submarket since 1995, Auro is positioned to leverage its sales and revenue management teams to drive market share and operating efficiency.

Market Share 173

Market Share Revenue Management Operations Revenue 173

Lodging

MARCH 29, 2024

The collaboration of these two solutions will enable sellers to work efficiently while making market share gains. ARLINGTON, Virginia—Knowland and Thynk announced a strategic partnership in which data from Thynk’s hospitality CRM solution will be integrated with Knowland’s meetings and events database.

Market Share 162

Market Share Events Market Marketing 162

Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. The post Building customer relevance to grow market share appeared first on Boutique Hotel News. As a result, properties face the challenge of a dapt ing their strategies to match these changing behaviours.

Market Share 52

Market Share Market Marketing Consumer 52

Hospitality Net

MARCH 18, 2024

Mews, the industry-leading hospitality cloud with almost 20% market share in the Netherlands, has been chosen by Bastion Hotels, the most successful independently owned hotel chain in the Netherlands, to power their fast-growing collection of hotels.

Market Share 130

Market Share Hotels Market Marketing 130

Lodging

MAY 23, 2024

In his new role, Wood is responsible for increasing market share in the United Kingdom and internationally. WorldVue announced the appointment of Dean Wood as senior director of sales and channel partners. Jensen has been in the hospitality industry for over 20 years.

General Manager 147

General Manager Market Share Resorts Sales 147

Lodging

APRIL 8, 2024

With new developments preparing to open, the company shared 11+ consecutive quarters of market share growth. BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii. portfolio.

Hospitality 147

Hospitality Market Share Resorts Market 147

Hotel Management

DECEMBER 6, 2023

The expansion of QT, Rydges and Atura will initially focus on Southeast Asia, while budget accommodation brand LyLo will concentrate on the Australian market and assess other international markets that attract Gen Z travellers. The post EVT goes international with signing of iconic Singapore hotel appeared first on Hotel Management.

Market Share 264

Market Share Hotels Market Marketing 264