Remove 2024 Remove Marketing Remove Strategic Planning
article thumbnail

MRM Research Roundup: Mid-Year 2024

Modern Restaurant Management

“Both full-service and fast food restaurant customers are skewing a bit more toward higher income levels and college graduates,” says Forrest Morgeson, Associate Professor of Marketing at Michigan State University and Director of Research Emeritus at the ACSI. between January and May 2024.

Pricing 117
article thumbnail

Twenty Four Seven Hotels grows executive team

Hotel Business

The executive team expansion is a part of the company’s strategic plan for further growth into new markets and segments. Twenty Four Seven Hotels continues to enjoy strong momentum well into 2024, expanding our footprint in existing markets and entering new ones like Texas,” said David Wani, CEO, Twenty Four Seven Hotels. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Make Hotel Budgeting as Smooth and Painless as Possible

Revenue Hub

Are there ways to make the 2024 budgeting process more streamlined and efficient? In fact, many hotel teams already started planning for 2024 months ago. Create a Strategic PlanPlanning is critical,” said Elena Ladisova, vice president of Brookfield Asset Management.

Budgeting 108
article thumbnail

Puerto Vallarta, Mexico Leverages Amadeus Technology to Position Itself as a Premier Resort Destination

Hospitality Net

August 29, 2024 – Aiming to elevate mid-size destinations such as Puerto Vallarta, Amadeus for Destinations offers a turnkey suite of solutions, unique in hospitality, that empower destination marketing organizations (DMOs) to grow and influence their tourism sectors.

article thumbnail

Euromonitor 2024 economic forecast report

Hospitality Net

It’s that time of year…strategic planning season. But with an economic slowdown on the horizon, you need accurate data to analyse key indicators for market expansion. Read up on risk scenarios, GDP growth projections and inflation estimates in our 2024 economic forecast report.

article thumbnail

Tourism trends: Domestic and international tourist market

SiteMinder

It enables: Market positioning and brand differentiation Adapting to trends allows hotels to position themselves strategically in a crowded market, highlighting unique selling points that resonate with current consumer interests. Either that or it becomes a necessity for them if they have to travel for work or to visit family.

article thumbnail

James Hansen named OTH Hotels Resorts CDO

Hotel Business

Hansen’s industry experience encompasses all facets of revenue-focused hospitality and asset management strategy, including roles in sales, operations, finance and marketing. Prior to Hotel Equities, he served as VP, sales & marketing and asset manager for Kolter Hospitality. Most recently, he served as EVP.