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How Ignoring Guest Segmentation Is Hurting Your Profits

Revenue Hub

Before diving into these criteria, it’s important to note that while the Uniform System of Accounts for the Lodging Industry (USALI) does include segments for financial reporting, these are designed solely for accounting purposes.

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Starting a New Hotel: From Groundwork to Guestbook

Hotelogix

Integrate Your Rates and Inventory : Managing multiple OTA platforms manually can quickly become overwhelming, leading to errors like double bookings or inconsistent pricing. A Channel Manager is a tool that synchronizes your room availability, pricing, and inventory across all connected OTAs in real-time. 

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2022 Cocktail Trends (Infographic)

Modern Restaurant Management

Cocktail enthusiasts continue to harness technology to master domestic mixology from the comfort of their homes while having spirits delivered directly to their doors. One in four (26 percent) consumers said they drink cocktails when visiting the On Premise, and the average price of a cocktail is $11, with an average check value of $75.

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Top Cocktail and Wine Trends

Modern Restaurant Management

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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The rise of staycations: how UK hotels can capitalise on domestic tourism

Hotel Owner

It is estimated that in 2021 alone, domestic travel accounted for 96% of the UK’s total travel and tourism expenditure while two years prior, in 2019, it represented 81% of the total expenditure. In 2023, the share of Britons taking a domestic summer holiday, or staycation, in the UK increased by 50% compared to the previous year.

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UK Hotel transaction volumes reach almost £0.6bn in Q1

Hotel Owner

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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UK hotel market recovery exceeds expectations in FY22

Hotel Owner

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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