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The significance of considering competitive hotel rates in revenue management: An economic perspective

Hospitality Net

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.

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U.S. Waterparks Poised for More Growth Amid Robust Recovery

Hospitality Net

Several large-scale projects planned for 2023 and beyond will alter the waterpark landscape at both indoor and outdoor waterparks. These projects will continue to encourage existing properties to innovate and update to keep market share. This robust performance paved the way for new growth in all segments of the industry.

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Hilton Snaps Up Graduate Hotels in $210 Million Deal: Consolidation Heats Up in Mid-Scale Market

Hotel Speak

Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. With this acquisition, Hilton takes a significant step towards solidifying its dominance in the hospitality industry, particularly in the coveted mid-scale market segment.

Scale 93
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Waterparks Maintain Momentum in 2024 Amid Growth and New Opportunities

Hospitality Net

New growth is forecasted for indoor and outdoor waterparks in 2024 as several large-scale projects will open that will alter the waterpark landscape. These projects will continue to encourage existing properties to innovate and update to keep market share.

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Building customer relevance to grow market share

Boutique Hotel News

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.

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Hotel development surge: Thousands of new projects poised to break ground

Hotel Business

Hotel projects within the upscale and upper-midscale chain scales are leading the way. These two chain scales combined account for a substantial majority of projects. To learn how LE can support your business in accelerating revenue growth and expanding market share, reach out to us at 603-431-8740, ext.

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Peter Strebel named RateGain Americas president

Hotel Business

He also played an instrumental role in creating and driving innovative branding, communications, marketing and business development strategies to increase awareness, capture market share and build revenue for the luxury hotel brand.

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