“When you think of revenue management, which is the first department that comes to mind?”
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The travel industry is anticipated to report robust earnings for the quarter ended March 31, 2024 (Q4FY24), driven by significant growth in the hotels and aviation sector. According to brokerage firm Prabhudas Lilladher (PL), the hospitality sector…
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Tourism marketing body takes rosy view as hotel rates rise, conferences bound back
But tourism is operating in a “complex landscape,” where everything from interest rates to inflation and global events can have an influence…
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The new normal, travel companies temper expectations for 2024
The buzzword from travel companies for 2024 is "normal."…
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Hotel trends that are on the rise Industry experts make their predictions for the coming year
Booking a holiday is a surefire way to alleviate the dreaded January Blues. Getting a city break or sunny escape in the diary – even if it’s still a little way off right now – gives you something to look forward to…
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Hotel Room Rates Projected to Increase Worldwide in 2024
Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel…
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THE U.S. HOSPITALITY industry is set to harness AI to reshape the “typical” guest experience, according to hotel revenue management software and services provider IDeaS…
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CBRE: REVPAR REBOUND EXPECTED IN 2024 AFTER SUMMER DECELERATION
U.S. HOTELS REVPAR growth is likely to recover in 2024, as inbound international travel further improves and sector-specific headwinds moderate, according to CBRE…
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