Hotel Management

JANUARY 8, 2024

In the newly created dual role, Svensson will take charge of operations at W Melbourne whilst also having oversight of all of Marriott’s luxury properties in Australia, including under the The Ritz-Carlton and W Hotel brands. Neerav Gorasia has been promoted to Director Hotel Performance for Pro-invest Hotels.

General Manager 147

General Manager Sales Revenue Management 147

Hotel Business

APRIL 15, 2024

Luxury and upper-upscale posted the only positive chain scale performance during the month, up 2.7% decrease in GOP dollars as labor costs from rising wages continued to pressure operating profit. decrease in GOP dollars as labor costs from rising wages continued to pressure operating profit. year-over-year (YOY) in February.

Occupancy 59

Occupancy Consumer Market Share Forecasting 59

Hotel Business

JANUARY 9, 2023

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. In 2021, the segment outperformed all other chain scales, with occupancy running nearly 20 points higher than all other U.S. segments combined.

Services 116

Services Revenue Occupancy Travel 116

Hotel Business

MARCH 28, 2023

HVMG outpaced the industry in RevPAR growth during 2022, as same-store market share grew 6.9%, capping off the company’s eighth straight year of positive consolidated Index growth, the company reports. That outperformance has continued into 2023 with same-store RevPAR growth forecasted to increase 30% over 2022 in the first quarter.

Forecasting 105

Forecasting Market Share Management Branding 105

Hotel Business

AUGUST 8, 2023

Conversions represent a major growth opportunity for us, generating around 40% of first-half openings and signings globally, and we see an increasing desire from owners to quickly realize the benefits of IHG’s scale and strong enterprise. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”

Branding 98

Branding Pipeline Scale Resorts 98

Anthony Iannarino

AUGUST 26, 2020

Many of us in sales have long ago recognized that the glut of suppliers shifted some power to buyers due to so many companies competing for their business and market share. It’s difficult to build consensus as it is, but it’s more difficult not to have some framework from which to operate. Effectiveness First.

Sales 131

Sales Closing B2B Market Share 131

Hotel Speak

MARCH 13, 2024

In 2022, global spend on distribution services reached over $2 trillion , highlighting the massive scale and importance of optimizing distribution operations. Efficient routes and channels allow businesses to get products to market faster. Shared distribution centers with partners streamline operations.

Global Distribution System 83

Global Distribution System Retail Shopping Consumer 83

Boutique Hotel News

APRIL 18, 2023

And now that the hospitality and leisure industries are forever changed, Yanolja Cloud is continuing to evolve its services to help properties everywhere transform through the digitisation of entire businesses including operations, products, services, and customer interactions.

Hospitality 52

Hospitality Revenue Management Occupancy Revenue 52

Hotel Designs

AUGUST 8, 2024

He is responsible for running the European Hotel Capital Markets team, which spans across all the major markets of Europe, covered by a team of 50 sector specialists. 1 market share for the sector as rated by RCA for 2019 and 2020. He was rapidly promoted to Managing Director in 2017.

Events 52

Events Retail Market Marketing 52

Hotelier Magazine

SEPTEMBER 26, 2023

In hospitality, brand acquisition and partnerships are driven by factors such as the hotels’ desire for rapid and significant growth or the capital markets’ rewards for delivering at scale. Compared to other sectors, however, the industry is still highly fragmented, without a single brand having significant global market share.

Hospitality 98

Hospitality OTA Market Share Revenue Management 98

Hotelier Magazine

MAY 16, 2023

WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. The first release of STR Benchmarking focuses on property-level data and analytics for hotel owners and operators with enhanced functionality built on the foundation of the renowned STAR Report.

Average Length of Stay 52

Average Length of Stay Market Share Scale Occupancy 52

MediaBoom

AUGUST 6, 2024

A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and market share. It also covers your music, accent and attitude, promotional campaign, and any social media or marketing emails to gain loyal customers. Each of these transmits a signal. Think about it!

Branding 90

Branding Hotels Services Market 90

SiteMinder

MAY 18, 2022

It’s a full scale business that keeps Markus busy, however he still relishes the chance to get away from the desk, keeping an adventurous spirit and a passion for travel alive. “I The goal is to generate the best possible revenue, to further expand market share and to position the property optimally through price.”.

Revenue Management 52

Revenue Management Revenue Management Occupancy 52

Travel Media Group

AUGUST 7, 2024

A lot of our folks are on the operations side, and it would be really interesting just to talk to you to see where this might go. And as time went on, Hampton was actually able to move up market and eventually created what we now call the upper mid-scale category. We think you’d be a really great addition to the team.

Hospitality 52

Hospitality Branding Consumer Services 52

SiteMinder

OCTOBER 10, 2022

As a hotel operator, you might have come across STR reports at one point or another. Falling short of your competitors when it comes to guest experience, accommodation standards or your marketing and advertising strategy can quickly lead to lost revenue. But what are they all about?

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Travel Media Group

JANUARY 16, 2024

It’s been a fast and furious ride, but operations at my roots, from the beginning and developing from Cook to CEO. Uh, so from a priority standpoint, it’s always staying focused on revenue enhancement with the primary measure being, you know, market share changes, right? We’re looking ahead into 2024.

Hospitality 52

Hospitality Digital Marketing Management Market 52

Travel Media Group

MAY 1, 2024

Well, it’s interesting that, you know, we get a lot of, a lot of people that I interview on these hospitality trailblazers and they come up originally from operations. You mentioned some of the markets that you’re getting into as you look across the industry. And you don’t see it at scale in other brands.

Hospitality 52

Hospitality Branding Market Marketing 52

Travel Media Group

JULY 19, 2023

So operations, recruiting, hr, big, big, big focus, on the marketing and digital front. So hotel type deployment, independent lifestyle versus branded by geography in addition to those front of house strategists that really get to know the hotels, the markets and the unique segment priorities and business needs at the hotels.

Hospitality 97

Hospitality Market Marketing Business 97

MediaBoom

JULY 19, 2023

Learn how they indulge in luxury hotel marketing by providing premium services that speak for themselves. Today, its operations are spread across 124 properties in 47 countries — and it’s showing no signs of stopping if the plans of expansion are anything to go by. Contact us to learn more about how we can help scale your business!

Branding 61

Branding Travel Services Market 61

Travel Media Group

OCTOBER 26, 2022

Marketing Director and Host of the Suite Spot Ryan Embree sits down with a very special guest, Chief Operating Officer of Davidson Hospitality Group, Pete Sams! He’s Chief Operating Officer at Davidson Hospitality Group, Pete Sams. Second act, I guess was operations and general manager. Welcome in. Pete Sams: Yes.

Hospitality 52

Hospitality Market Marketing Operations 52

Little Hotelier

NOVEMBER 8, 2023

Little Hotelier reviews are important because they let hotel owners and operators know about the experiences of its users which helps inform their business decisions. Little Hotelier puts total control of our business in our hands, saves time and enables us to operate efficiently and effectively. Notifications through the app are fast.

Accommodation 52

Accommodation Business Management Operations 52