Hospitality Net

OCTOBER 30, 2023

The Market Snapshot: Asia Pacific 2023 highlights an overview of transaction activity in the region and presents 25 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

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Marketing Presentation 80

eHotelier

DECEMBER 15, 2022

General managers that put more effort into the commercial work in the hotel will likely steal market share from the competition. Here are three things that are the top priorities in 2023 for hotel general managers.

Marketing 278

Marketing 278

Hospitality Net

FEBRUARY 1, 2024

The Boston/Cambridge lodging market ended 2023 at 76.4% This 6-point increase in occupancy is a result of the market accommodating 8.6% more rooms in 2023 compared to the prior year; 0.6% Seasonality appears to be in sync with what we typically expect for the Boston market. occupancy, a 6.8%

Marketing 85

Marketing 85

eHotelier

DECEMBER 10, 2023

Nicola Madden-Greig (OD), Group Director of Marketing & Sales at The Courtleigh Hospitality Group, was among a cadre of Caribbean tourism industry luminaries honored with a 2023 Caribbean Media Exchange (CMEx) Leadership Award recently in Miami.

Travel and Tourism 130

Travel and Tourism Marketing Presentation 130

Industry Insights Lodging Magazine

JULY 18, 2023

SAN FRANCISCO—Duetto released its latest look at the global hotel market, reporting positive signals in all metrics through to year-end. Globally, Duetto data shows that room nights for this year are up 14 percent, ADR is up 9 percent, and rooms revenue is up 19 percent versus the same time last year.

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Marketing Magazine 98

Hospitality Net

MAY 9, 2023

For the first time since the onset of the COVID pandemic, CBRE is forecasting the 2023 aggregate revenue per available room (RevPAR) for the nation’s 65 major markets to return to 2019 levels. In 2022, RevPAR recovered nationally but continued to lag in the major markets. through New York.1

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Marketing 90

Hotel Owner

OCTOBER 14, 2024

Northcote Hotel in Lancashire has been brought to market for an undisclosed price. The property is being marketed by Savills which is operating the sale on a “price on application” basis. for the year ended 31 March 2023, following a loss of £3.5m, in the previous 12 months. Northcote’s turnover rose from £5.8m

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Marketing Pricing 98

Boutique Hotel News

JANUARY 16, 2023

Industry leaders share their thoughts on the travel, hospitality and economic landscape in 2023. According to the CEBR, these preferences, such as the increasing demand for longer trips and remote working spaces, are particularly prevalent among younger generations, indicating a promising outlook for our sector well past 2023.”

Pricing 246

Pricing Marketing Budgeting Training 246

Revenue Hub

DECEMBER 1, 2022

With 2023 quickly approaching, the top email marketing trends for 2023 are on the horizon. As an essential part of digital marketing for hotels, email marketing has the power to nurture guest relationships, generate new business and drive repeat business. NB: This is an article from Travelboom. Storytelling.

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Marketing Article Book Scheduling 92

Hospitality Net

APRIL 5, 2024

Following a slow start, hotel investment activity surged in the second half of 2023, exceeding €1 Bn (+74% vs H2 2022). Total investment volumes for 2023 amounted to €1.5 billion (+1% vs 2022), reaffirming hospitality as a leading sector in the Italian real estate market.

Marketing 52

Marketing 52

InnQuest

MAY 9, 2023

Email marketing has become an increasingly important tool for hotels to promote their services and attract customers. With the ability to reach potential customers directly and effectively, email marketing can be an essential part of any hotel’s marketing strategy.

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Marketing Book Events Blog 222

Revfine

JULY 1, 2023

Marketing to millennial travelers has become a top priority for many hotels and resorts. Here are five tips for successfully marketing to millennial travelers. Marketing to Millennial Generation Millennials are maturing. Marketing to Millennial Generation Millennials are maturing.

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Marketing 105

InnQuest

OCTOBER 11, 2023

In 2023, the US market is bustling with various online travel agencies, each offering unique features and services for travelers. What’s more, Booking.com regularly offers exclusive deals and discounts for travelers in 2023, ensuring you get the best value for your money.

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Information Book Blog Pricing 220

Boutique Hotel News

DECEMBER 20, 2022

BHN editor Eloise Hanson outlines six hotel and travel trends expected to shape the industry in 2023. Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. Hotel e-tail. per cent on average above inflation per year.

Concierge 312

Concierge Book Marketing Information 312

Hospitality Net

AUGUST 23, 2023

UK hotel transaction volumes have remained resilient in the first half of 2023 despite market headwinds, supported by the private markets (with sub-£15M ticket sizes) and value-add opportunities with compelling growth stories.

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Marketing 66

Revenue Hub

JANUARY 19, 2023

2023 is predicted to be another big year for the travel industry. Flight travel is expected to reach over 85% of 2019 levels throughout 2023. NB: This is an article from Hotelchamp There is a big opportunity for hotel marketers to help capitalise on this demand and reach new and emerging audiences. The message is clear.

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Marketing Customer Service Article 88

Hospitality Net

AUGUST 8, 2023

Each of Europe’s key hotel markets saw year-over-year improvement and their highest 2023 levels in gross operating profit per available room (GOPPAR), according to CoStar’s June 2023 P&L data release. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

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Marketing Information 75

Hospitality Net

AUGUST 29, 2024

After expecting a slight revival in the hotel investment market at the beginning of the year, our latest Hotel Market Spotlight for Berlin now looks at the hotel performance itself. How have profits and revenues developed within a year (H1 2024 vs. H1 2023)? Have operating costs and expenses increased?

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Marketing Accounting 90

InnQuest

MAY 11, 2023

As we step into 2023, the hospitality industry is still reeling from the effects of the pandemic – which makes implementing hotel pricing strategies more important than ever. That said, this blog discusses the important issue of hotel pricing strategies in 2023 and offers helpful advice on how to boost your revenue.

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Pricing Reservations Book Marketing 220

Modern Restaurant Management

DECEMBER 20, 2023

In 2023, the restaurant industry faced several challenges and made some missteps along the way. – Corin Camenisch, Product Marketing Lead at SumUp AI is revolutionizing the industry, but we’ve only scratched the surface. By 2023, what began as a convenience has evolved into a necessity, shaping the way businesses operate.

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Pricing Marketing Customer Service Scheduling 197

Lodging Magazine

MARCH 4, 2024

hotel transaction market in 2023. After a strong 2022, only $22 billion in assets were traded between January and mid-December 2023. While total transaction volume was down year over year, significant sales were made in key markets across the United States, according to CoStar data.

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Marketing Magazine 58

eHotelier

MARCH 28, 2023

Here's how hoteliers can position themselves to drive revenue, attract more guests, and stay relevant in a rapidly changing landscape.

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Marketing 312

Revenue Hub

FEBRUARY 8, 2023

NB: This is an article from Cloudbeds , one of our Expert Partners While demand is back, the pandemic and its lasting effects fundamentally changed traveler behavior, and in 2023, experience-based travel will be prominent as travelers look to make up for lost time. Value-driven travel takes priority.

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Marketing Book Article Pricing 77

Boutique Hotel News

MARCH 3, 2023

BHN meets JS Anand, founder and CEO of LEVA Hotels, to learn more about the boutique hospitality company, target markets for expansion , and challenges entering the African market. Filmed by BHN, media partner of the Gulf & Indian Ocean Hotel Investors’ Summit (GIOHIS) 2023 at the Anantara Eastern Mangroves Hotel, Abu Dhabi.

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Marketing 130

Revenue Hub

DECEMBER 15, 2022

Is your 2023 hotel marketing budget a little leaner than you’d like? Or, are you looking to refine your approach and experiment with more targeted offers directed at specific age groups in 2023? NB: This is an article from 80 Days. THE MATURE DEMOGRAPHIC.

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Marketing Accounting Book Article 88

Hospitality Net

JUNE 23, 2023

C&W Hospitality Market Beat – Greece Q1 2023While the Greek hospitality industry is facing staff shortages and rising operational costs, the sector continues to show remarkable recovery after the pandemic. in Q1 2023 (year-on-year), to reach €375 million, with Thessaloniki-based enterprises recording the highest increase at 70.9%.

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Marketing 67

eHotelier

MAY 23, 2023

John White, Director of Sales & Marketing at Kā‘anapali Beach Hotel and The Plantation Inn on Maui, is this year’s single/multi-unit Marketing Professional of the Year. In his current role, John is responsible for global revenue and branding efforts.

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Marketing 130

Hospitality Net

JANUARY 29, 2024

In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. That is why markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.

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Marketing 67

Modern Restaurant Management

APRIL 18, 2024

The global restaurant fryers market is projected to grow at a CAGR of 5.6 percent over the forecast period of 2023 to 2033. The market sales are on course to increase from US$ 495.6 Million in 2023 to US$ 854.6 Million by 2033, according to Future Market Insights.

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Marketing Procurement Budgeting Pricing 117

Revenue Hub

MARCH 23, 2023

Hospitality marketing is also undergoing significant changes, and marketers need to be prepared for both incremental and drastic changes. Goldrich , to uncover the 12 trends that will transform how hotel marketing will function in 2023. Download the latest eBook by our Chief Experience Officer, Michael J.

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Marketing Download Article Accounting 78

Hospitality Net

JUNE 16, 2023

London, June 16, 2023 – Europe experienced healthy hotel investment activity with €4.1 billion transacted in Q1 2023, according to global real estate services firm Cushman & Wakefield. This represents an 18% increase on Q1 2022 despite high financing costs and economic and geopolitical concerns.

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Marketing 75

Revenue Hub

APRIL 13, 2023

Today we are joined by: Pontus Berner from berner+becker , one of our Expert Partners In today’s discussion we take another look at the German hotel market and follow up on our conversation in September when Pontus considered what might happen in Winter 2022 and he also looks ahead to Summer period coming up. appeared first on Revenue Hub.

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Marketing Pricing Book 82

Hospitality Net

APRIL 10, 2024

In 2023, the hotel transaction volume in Greater Paris reached €1.7 Billion, marking a 27% rise from 2022. The significant increase was primarily driven by The Westin Paris transaction, making up 40% of the total volume, with a price per key exceeding €1.5

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Marketing Pricing 59

Lodging Magazine

FEBRUARY 20, 2024

DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q3 2023—marking the first quarterly increase since Q1 2022.

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Marketing Magazine 118

Hospitality Net

JULY 30, 2024

STR’s global "bubble chart" update for the four weeks ending 20 July 2024 shows 64% of markets with year-over-year growth in revenue per available room (RevPAR). That percentage was similar to our previous global market update.

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Marketing 84

Revfine

FEBRUARY 27, 2023

Question for Our Hotel Marketing Expert Panel In your opinion, what are the top predictions for hotel marketing trends in 2023?

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Marketing 59

Hospitality Net

AUGUST 20, 2024

Investment Trends For H1 2024 a total of €655M was transacted, a near fourfold increase on the approximately €173M traded in H1 2023 – this pushed transaction volumes over the past year to an all-time high of almost €790M.

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Marketing 89