Hotel Business

NOVEMBER 14, 2024

hotel investment, with urban markets and luxury assets leading the way in attracting both domestic and international capital.” As cross-border activity increases, the survey also highlights a notable influx of first-time hotel buyers, who accounted for 27% of investment volume through September.

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Hotel Owner

OCTOBER 26, 2023

The QHotels Collection has appointed Paula Turton as national account director for leisure and Lucy Whittington as leisure sales support executive. In her new role, Turton will oversee all domestic and inbound travel trade.

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Travel and Tourism Accounting Book Marketing 98

Hotel Business

FEBRUARY 2, 2024

Conner spent more than 10 years working with the Big Four global accounting firms PwC and KPMG as senior manager, Audit, and more than 15 years in M&A with private equity, public and privately held companies. In his most recent role, he served as director, accounting for clients of a large global accounting and consulting firm.

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Accounting Reservations Information 59

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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Travel and Tourism Book Accounting Presentation 115

EHL Insights

NOVEMBER 14, 2023

STORY HIGHLIGHTS China’s luxury market is one of the hottest on the planet, with the strongest growth happening in digital and domestic luxury sales. LVMH's Asia sales, for instance, increased by 14% in the first quarter of 2023, with China accounting for almost 80% of the company's regional revenues.

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Marketing Accounting 59

Boutique Hotel News

JANUARY 11, 2023

The first half of 2022 accounted for 68 per cent (£2.1 As a result of the war in Ukraine combined with global economic uncertainty and domestic political turmoil, the latter half of 2022 saw reduced levels of investment. . billion) of the total annual UK hotel investment. .

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Hospitality Net

JUNE 2, 2023

These openings, which were led by a dedicated, extended stay team, account for 732 new economy extended stay rooms from coast to coast and 1,414 total new rooms for the brand since the start of 2023, with nearly 38,000 rooms in the domestic pipeline.

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Accounting 52

SiteMinder

MAY 8, 2024

Furthermore, domestic travellers in April reached their highest levels since October of 2023. Domestic guests accounted for 23% of total check-ins, up from just 13% in January and February of this year.

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Travel and Tourism Book Scheduling Events 52

Hotel Owner

AUGUST 7, 2024

Desktop bookings actually decreased by 3.8%, now accounting for only 46.5% of domestic UK hotel reservations. Last year, domestic mobile and desktop hotel bookings were nearly equal, with mobile at 48.3% of bookings. Tablet bookings also plummeted by 33.4%, making up just 2.2% and desktop slightly ahead at 48.4%. of revenue.

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Book Reservations Accounting Information 52

Hotel Business

APRIL 8, 2024

Domestic visitors spent $1.37 The job sector has now surpassed pre-pandemic levels, with travel & tourism jobs accounting for an 11.2% Domestic visitor spending is anticipated to continue growing, to reach $1.43 trillion, exceeding the previous record by $100 billion. share of the job market with a total of 18MN jobs.

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Travel and Tourism Accounting Marketing 59

Hotel Owner

JANUARY 23, 2023

According to the group, domestic demand was driven by growth from both business and leisure guests, boosted later in the year by the return of international travellers. Despite a short drop in demand during the Omicron lockdown in December 2021, it said the latest set of accounts “demonstrate a positive period of growth for Apex Hotels”.

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Travel and Tourism Accounting 105

Serviced Apartments

APRIL 12, 2024

England accounts for 87 per cent of all serviced apartments in the UK, followed by Scotland (nine per cent). The sector caters to both domestic (59 per cent) and international guests (41 per cent). Around half (28,566) serviced apartments are branded, and ASAP members represented 41 per cent of these.

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Marketing Download Catering Accounting 52

Hotel Business

JUNE 2, 2023

These openings account for 732 new economy extended-stay rooms from coast to coast and 1,414 total new rooms for the brand since the start of the year, with nearly 38,000 rooms in the domestic pipeline. Choice Hotels International Inc. opened six WoodSpring Suites hotels, a company-record, during the month of May.

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Accounting Marketing 52

Hotel Business

JUNE 14, 2023

With almost 40 years of industry experience, he will lead efforts out of the company’s corporate offices in Dallas and oversee financial planning, accounting and global financial operations. Remington Hospitality has appointed Joseph Klam as CFO.

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Accounting Budgeting Hospitality Management 52

Hotel Owner

MAY 18, 2023

UK corporate investors were most active in terms of seller, accounting for over 40% of transactions, whilst a further 23% of the activity was attributed to investment sales completed by UK institutional investors.

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Accounting Pricing Marketing 105

Serviced Apartments

APRIL 2, 2024

Wyndham holds the highest number of units in Phuket’s branded residences primary market – accounting for 46 per cent of market share. The top three locations in Phuket for branded residences, ranked by the number of current units and those in the pipeline, are Layan (1,322), Kamala (651) and Bangtao (605).

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Travel and Tourism Download Scheduling Accounting 52

SiteMinder

APRIL 16, 2024

International travellers, who typically book their travel further in advance than domestic guests, grew from 74% of all hotel arrivals in 2022, to 88% in 2023. The change in booking behaviour, SiteMinder noted, came despite a 19% rise in the average daily rate at Vietnamese properties, which reached an average of US$162 per night.

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Book Reservations Accounting Marketing 104

Hotel Owner

JANUARY 9, 2023

As momentum from Q4 2021 continued into 2022, UK hotel investment saw a “robust” first half of the year, accounting for 68% (£2.1bn) of total annual investment. .

Accounting 102

Accounting Marketing 102

SiteMinder

AUGUST 27, 2024

As a result, Airbnb decided to shut down its domestic operations in China in 2022, leaving a gap in the market for both travellers and accommodation providers. It offers a wide range of properties, from urban apartments to rural homes, and caters to both domestic and international travellers. Is there Airbnb in China?

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Catering Book Pricing Marketing 52

Hotel Owner

JANUARY 31, 2023

The group said its performance reflected the resilience of the UK budget hotel market and was driven by strong levels of domestic leisure demand, a rapid recovery in ‘blue collar’ business demand, with a more gradual recovery in ‘white collar’ corporate demand.

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Budgeting Accounting Marketing 105

Serviced Apartments

APRIL 6, 2023

He brings more than 25 years of experience leading accounting, finance and special project teams both domestically and internationally to his new role at Synergy. His duties include leading the finance team, managing financial resources, developing and implementing financial strategies, and risk management.

Accounting 52

Accounting 52

Serviced Apartments

JUNE 6, 2023

The openings account for 732 new economy extended-stay rooms and 1,414 total new rooms for the brand since January 2023. WoodSpring Suites also has about 38,000 rooms in the domestic pipeline. Recent locations for WoodSpring Suites include New York, Texas, Virginia, Illinois, Florida and California.

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Accounting Marketing 52

Hotel Business

JULY 27, 2023

Recent studies of domestic violence across the U.S. According to a recent one-day census of domestic violence, there were more than 38,608 adult and child victims in emergency housing programs in a single day. Annually, this adds up to 890,600 adults and 509,905 children without access to emergency domestic violence shelters.

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Hotel Owner

DECEMBER 5, 2022

According to the latest UK Hotel Trading Performance Review 2022 by the property adviser, domestic leisure demand fuelled early recovery, and this was later supported by “robust” demand for business travel as well as flexible working trends generating new sources of demand. .

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Marketing Accounting Pricing 105

Hotel Business

OCTOBER 27, 2023

In France, which represents 44% of the region’s room revenue, business benefited from the increase in international leisure tourists to Paris, offsetting weaker domestic tourist numbers. In Germany, which accounts for 13% of the region’s room revenue, RevPAR saw more moderate growth than in France and the U.K. In the U.K.,

Accounting 72

Accounting Pricing Marketing Events 72

Serviced Apartments

SEPTEMBER 24, 2024

Accounting for more than half of Ascott ’s global signings year-to-date, they will augment Ascott’s portfolio in south-east Asia to more than 360 properties – both operational and in the pipeline – across 86 cities in nine countries: Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

Catering 52

Catering Marketing Accounting 52

Hotel Owner

OCTOBER 26, 2023

The QHotels Collection has expanded its team with the appointment of Paula Turton as the national account director for leisure and Lucy Whittington as the leisure sales support executive.

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Travel and Tourism Accounting Training Book 98

Hotel Owner

JANUARY 19, 2023

We now have a software that tracks every bill by footprint – even if it’s just filling the car, it appears on this software that squeezes information from our accounting system every year to see what we spend and how that translates to the company’s footprint. Domestic travel seems to be a permanent trend at the moment.

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Training Document Book Accounting 105

Modern Restaurant Management

DECEMBER 7, 2021

Cocktail enthusiasts continue to harness technology to master domestic mixology from the comfort of their homes while having spirits delivered directly to their doors. This demonstrates the considerable value cocktails have as a key category for spirit suppliers, accounting for a significant proportion of spirits sales. ”

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Accounting Pricing Marketing 197

Hotel Owner

MARCH 6, 2024

Critically, friendly fraud is already far from rare, but studies show that it may in fact be increasing as consumers come to terms with depleted savings accounts and particularly volatile economic conditions.

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Document Book Accounting Communication 90

Boutique Hotelier

JANUARY 9, 2023

However, the total annual investment volume was 30% below the five-year average, despite a robust first half of 2022, accounting for 68% (£2.1bn) of total annual investment.

Accounting 85

Accounting Marketing 85

Modern Restaurant Management

DECEMBER 8, 2023

A – Account for Extra Foot Traffic If you haven’t already planned for the rush, you should start now to get your operation ready for the last weeks of the year. One of the highest priorities for the holiday season should be ensuring you have proper coverage. Consider re-forecasting your business supply needs for the season.

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Scheduling Accounting Marketing 117

Modern Restaurant Management

SEPTEMBER 17, 2022

Over the course of 111 days, Brian Masilionis, Director, On-Premise Commercial Strategy & National Accounts for Southern Glazer’s, led a team of its industry-leading mixologists to sample more than 400 drinks in 83 restaurants, bars and hotels, compiling their insights to discover emerging cocktail and wine trends across the U.S.

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Hotel Business

JANUARY 31, 2023

Making the way back to 2019 levels On average, travel buyers estimate their companies’ current domestic business travel bookings have returned to 67% of pre-pandemic 2019 levels (up from 63% in GBTA’s October poll). Travel buyers estimate their company’s current domestic business travel spend is back to 68% of their 2019 spend levels.

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Book Customer Service Budgeting Accounting 59

Revenue Hub

NOVEMBER 15, 2022

Certainly the first channel is domestic, as 45% of flights are to airports within national borders. This leads to a preference for domestic travel, in order to avoid suffering an unfavourable currency exchange rate and seeing their spending capacity lowered. Where do all these Japanese want to go?

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Hotel Owner

NOVEMBER 16, 2022

There were close to 4 million Americans who visited the UK every year before Covid-19, which accounts for over 10% of the tourists who come to Britain annually.

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Revenue Hub

JULY 7, 2023

1 Travel and tourism accounted for around 14 percent of Spain’s total GDP and provided one in eight jobs. Of this, the largest emissions came from domestic and international tourism in China, India, and the United States. Globally, tourism is a significant contributor to emissions, and Spain can play a role in emissions reduction.

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Travel and Tourism Article Accounting Pricing 92