A New Day in Revenue Management, Again
As the hotel industry continues to recover from the COVID-19 pandemic, hotels are looking for opportunities to drive top-line sales.
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A New Day in Revenue Management, Again
As the hotel industry continues to recover from the COVID-19 pandemic, hotels are looking for opportunities to drive top-line sales.
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Improve Results With an Integrated and Agile Internal Control Framework
As the hospitality industry returns to the new normal, internal audit departments along with their corporate finance and hotel operations teams have to examine their approach to achieving coverage and compliance with internal controls across their…
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Hotels that have traditionally catered to corporate travelers mean business when they adapt and add amenities to tap the pandemic-era boom in leisure travel.
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Room2 Chain Carves Out ‘Hometels’ With Quirky, Design-Led Spaces
The rise of Airbnb has revealed consumer preferences to be more flexible than previously assumed. Independent hotel company Room2 is responding by innovating in lodging brand standards with $110 million in fresh, net-zero development…
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Three metrics that count in your food operation
If you do not have all three of these metrics on your radar screen at the same time, you are flying the profit picture in your food operation with at least one eye closed…
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Building an Effective Revenue Optimization Team
I’ve been thinking a lot lately about moving forward in the field of Hospitality Revenue Optimization.
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The benefits of flexible working practices in the hotel sector
Giving hotel employees the opportunity to organize their professional lives via part-time work, remote work and flexible scheduling brings benefits not just to the personnel’s work-life balance but also to the organization and its capacity for…
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GMS SHARE STYLES FOR OPENING HOTELS
Nothing is more nerve-wracking and then satisfying than opening a new hotel…
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Why your hotel needs a sleep program
It’s likely part of every hotel organization’s reason of being to provide guests a welcome place while traveling where they can get a good night’s sleep to feel refreshed for the road ahead…
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TripBam sees global hotel rates level off
Global hotel rates have declined since early June as slower demand from leisure travellers helped bring down corporate prices, particularly in “primary markets that entertain a strong mix of business and leisure travel," according to a new report…
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Gift shops, guests, and gratitude: What you need to sell at your hotel
As a hotel manager, it’s likely that you’ve thought of virtually everything when it comes to ensuring the ultimate guest experience at your property…
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Before March 2020, hotel operations varied hugely. The sector was on a high…
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Going on a vacation might seem like a rather unconventional way to try to improve your sleep habits.
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BIGGER IS ONLY BETTER WITH TRAINING WHEELS ON
In a perfect world, increasing size and scale should lead to operating efficiencies, improved profit margins, a strong growth trajectory (both per unit and in the number of units), career opportunities for employees, and competitive prices and…
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Building a Pet-Friendly Experience: 4 Key Things We Learned from Guest Reviews
More pet owners are looking for ways to share their traveling experience with their furry friends, so what do guests like or dislike when it comes to a pet-friendly hotel experience? Explore our selection of guest reviews…
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Managing Hotels Through High Inflation
A game of maximising revenues and controlling costs, hears HVS seminar.
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European cities to see hotel prices increase in 2023
Hotel prices are set to rise “across the board” in 2023 with European cities likely to see some of the steepest increases, according to a new report from American Express Global Business Travel.
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Mass resignation trails acquisition of Sheraton’s parent company after Indian brothers’ take over
Following the acquisition of a majority stake in Capital Hotel by 22 Hospitality Limited, the entire board of the former have resigned, ushering in a new era in the hospitality business…
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What’s your strategy for tackling rogue wholesalers?
Wholesalers play an important part in hotel distribution, especially if you have large inventories to fill…
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ALL-INCLUSIVE: WHEN CASH IS SCARCE, VALUE BECOMES KING
The past few years have been strange for the hotel industry. First, COVID-19 created a level of disruption never seen before…
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Seven Ways to Plan Your Hotel Budget in Times of Inflation
With the industry still recovering, here are a few things to consider this budget season. Go back to March 2020, and you’ll find a major point of inflection for the hotel industry — one that they’re still reflecting from…
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IN VINO VERITAS XCV: BUYING WINE AT AUCTION
The wine auction market affords an opportunity for the hotelier to add bottles to the property’s cellar that may not be available through conventional means, namely continual repurchasing orders through wine merchants…
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Top Voucher Mistakes Hoteliers Make and How to Avoid Them
You’ll find many articles on how to market vouchers correctly. This one is a bit different…
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Top Five Qualities of Successful Hotels
A thriving hotel is something to be proud of. Getting a hotel to a place where it is profitable and successful takes lots of work and careful consideration. Hotels impact guests’ lives in ways that few other businesses do…
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