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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

Rendezvous Heritage Auckland Rooftop Pool “Auckland and Wellington are key target markets for us, with our Adina and Travelodge brands already well established,” said TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick.

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Exclusive: Veriu Group CEO talks Collingwood success, mixed-use developments, office conversions and more

Hotel Management

A lot of the target [market] was around project-focused corporate opportunity. Is it mostly corporate guests or are you seeing much on the leisure side? It is a mix. We focus on extended stay corporate travel but, because of all the great amenities and spa, we do get our share of leisure.

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HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

The funds will be used for research and development; customer acquisition; scaling sales and marketing efforts; and launching new platform features. In todays competitive market, Reeco is essential. The Series A round was led by Aleph VC, with participation from Net Capital Ventures and Joule Ventures.

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HB on the Scene: Leaders discuss AI, labor and other issues at AAHOACON24

Hotel Business

They will know where you stayed the last time, and what chain scale you stayed at. ” Trivedi noted that AI-driven platforms like Google’s new search experience gives hoteliers the opportunity to “know your guest up close and personal, and you can do targeted marketing.”

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Must-Have Software for Hotels: Improve Operations & Guest Experience

STAAH

Tip for Hoteliers: Look for a cloud-based PMS that allows real-time updates, offers mobile access, and can easily scale as your business grows. Tip for Hoteliers: Use your CRM data to create targeted marketing campaigns that cater to different guest segments, such as frequent travelers or special occasion visitors.

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Knowland: Significant lift in convention center data usage

Hotel Business

Knowland’s recent meeting planner survey revealed that groups are more likely to relocate events to alternative markets than move down in chain scale to reduce costs. This indicates an opportunity for non-hotel venues to compete more strategically for group business.

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How to write a property management business plan

SiteMinder

Learn more Key considerations before writing a property management business plan Before writing a property management business plan, it’s vital to make a few key considerations, from identifying your target market and USPs, to assessing your finances, including calculating your initial outlay, operating expenses and revenue projections.