Remove 2023 Remove Property Management Remove Reservations
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Hotel Pricing Strategies to Boost Revenue in 2023

InnQuest

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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LivAway Suites launches reservations for first two properties

Serviced Apartments

US: Economy extended stay hotel brand LivAway Suites is accepting reservations for its first two openings in West Jordan, Utah, and Smyrna, Nashville, Tennessee. In 2023, LivAway Suites broke ground on multiple sites across the United States.

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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

in 2023 (IBISWorld). billion in 2023. Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through online sales by 2027, reaching a market volume of US$7.27 From 2018-2023, the industry within Australia declined by 4.9%

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Surfsand Resort Elevates Guest and Staff Experiences with Agilysys Property Management, Point-of-Sale, and Payment Processing Solutions

Hospitality Net

In 2022 the resort further elevated its stature by updating all the property’s systems prior to a property-wide renovation and expansion starting in November 2023.

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Prepare Yourself for the Top Hospitality Trends of 2023 

InnQuest

As we march on through 2023, what changes can we expect to see in the hospitality industry? As guest preferences change and new technologies are developed, having a future-proof Property Management System that can support these changes and meet customer needs will make all the difference.

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Hotel Reservation System: Everything You Need to Know

SiteMinder

What is a Hotel Reservation System? A hotel reservation system, or hotel reservation software, is a technology platform that enables hoteliers to accept direct bookings through the hotel’s website and through various distribution channels. Generally, there are 2 major types of hotel booking reservation systems: 1.

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Important KPIs for the Hospitality Industry – 2023

InnQuest

For example, if a property owner spends $100 on marketing and pools in $500 in revenue, its market ROI would stand as 5:1. Hoteliers typically pool in ROMI by driving reservations through their website, third-party booking sites, and offline channels such as travel agents.

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