This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
NB: This is an article from Userguest , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date With the right strategy, you can turn the Easter holiday into a high-performing period for your property. Families often plan their Easter trips well in advance, typically booking their stays 6 to 8 weeks ahead.
NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date We explore why robust segmentation is essential for maximizing profitability, examine key segmentation criteria, and outline practical strategies to enhance data quality.
Revenue management is no longer just about setting the “right” price for a room. A solid framework integrates data-driven decisions, dynamic pricing, guest segmentation, and cross-departmental collaboration. Identifying these target guests directs pricing, marketing, and operational strategies.
NB: This is an article from GuestCentric. In this article, we take a look at the challenges hotels are facing today, and outline a list of Hotel Sales & Marketing Tips you should implement to differentiate your business from the competition in 2023. These concerns are as follows: The Price of Air Travel.
NB: This is an article from STR Subscribe to our weekly newsletter and stay up to date By understanding the key components and dynamics of accurate forecasting, hoteliers can implement more effective strategies, optimizing efficiency and maximizing profitability.
NB: This is an article from Userguest , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date One of the key factors in this strategy is recognising the importance of seasonality and understanding your key markets’ booking lead times.
NB: This is an article from Expedia Group In the last report covering Q3 2022 , we saw reassuring signs of enduring enthusiasm for travel despite growing economic headwinds, pointing to the resiliency of the travel industry. Our research also shows that special discounted pricing is the top aspect of loyalty programs consumers value.
NB: This is an article from McKinsey & Co. Gen Zers and millennials who responded to our survey are planning a nearly equal number of international and domestic trips in 2024, no matter their country of origin, whereas older generations are planning to take roughly twice as many domestic trips (Exhibit 2).
NB: This is an article from Cvent Subscribe to our weekly newsletter and stay up to date Direct vs. indirect booking sources Direct booking sources are offered by the hotel directly. Using third-party booking sites and other online channels, hotels can sell rooms at a broader range of price points and appeal to more customers at once.
NB: This is an article from ForwardKeys. Domestic flight bookings immediately surged 56% on the previous week and continued to increase 69% the following week. On 26th December, China removed all COVID-related restrictions on domestic air travel; and bookings surged again, reaching 50% of 2019’s level in the final week of the year.
NB: This is an article from BEONx , one of our Expert Partners To achieve this, hotels must employ sophisticated strategies that go beyond merely setting room rates and hoping for the best. The goal is to identify commonalities among guests and use this information to create targeted marketing campaigns and pricing strategies.
NB: This is an article from Koddi. Projected Increase in Flight Prices. According to an article from NBC news , plane tickets for Thanksgiving and Christmas are going to be the highest they have been in the past five years. But there’s more to these high prices than increased demand alone. Read more articles from Koddi.
NB: This is an article from The Hotels Network , one of our Expert Partners It is released when we experience something pleasurable, such as eating delicious food, having fun with friends, or accomplishing a task. Combatting price disparities One of the most effective ways to encourage direct bookings is to showcase a price comparison tool.
NB: This is an article from SiteMinder , one of our Expert Partners These sites often provide comprehensive information about the hotel, including room availability, amenities, prices, location, and user reviews. domestic vs. international), and the type of travellers they attract.
NB: This is an article from McKinsey & Co. And as travel resumes in an era of high inflation, Spain will likely face stiff competition from several destinations that also offer sunshine and coastal vacations at similar, or lower, prices—Egypt, Greece, and Turkey, for example. Read rest of the article at McKinsey & Co.
NB: This is an article from Atomize , one of our Expert Partners As these trends continue to manifest, their impact will undeniably influence strategies and operations well into 2024. Given the varied guest profile and seasonality of the region, the management recognized the need for a flexible and responsive pricing strategy.
NB: This is an article from GBTA But even as business travel has rebounded, the industry is looking ahead at key areas poised for change and impact in 2024, with an emphasis around travel cost management strategies, sustainability, the transformation of retailing models, and the integration of emerging technologies.
million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. Pricing has also increased due to inflation and is expected to rise further due to increased demand.
In this article, we’ll explore more about consumer attitudes to travel post-pandemic and what that means for your property. While the economic situation is not putting travellers off, the data shows that more than 50% are willing to spend more time searching for competitively priced accommodation than before the pandemic. Conclusion.
Disclaimer: The information contained in this article is general in nature and businesses should consider whether the information is appropriate to their needs. Safe time refers to “Reasons related to domestic violence, sexual assault, stalking or public health issues.” Effective January 1, 2020, Seattle’s minimum wage will be $16.39
NB: This is an article from Lybra , one of our Expert Partners. The recovery has actually been hampered by various factors , first and foremost the weakness of the yen, which has had a significant impact on travel prices, and then the rise in fuel prices, but the desire to return to travel has prevailed.
NB: This is an article from Roomdex , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Customization: Raising the bar for customers and every brand is expected to follow Personalization isn’t new, but in recent years it has been increasingly valued by customers because the technology drivers have become smarter.
In this article, we'll explore the best online travel agencies for hotels and explain how they can help you increase bookings. It is widely used by Indian travelers for both domestic and international travel. Known for its "Name Your Price" deals, Priceline is good for attracting budget-conscious travelers.
There were tea rooms at various price levels — “Look at the prices and watch the Fords go by,” wrote one customer in an early guest book — though not all welcomed any traveler. Some of these restaurants also operated as inns or offered outdoor sleeping porches in the summers. Many sold folksy home decor and souvenirs, too.
NB: This is an article from Amadeus While recovery has largely been driven by domestic, leisure travelers, groups and corporate bookings are starting to return. Read more articles from Amadeus The post 5 Hotel Sales Strategies to Win More Business appeared first on Revenue Hub.
This includes opportunity reports, travel insights, and domestic trends. Key functions include: Updating room availability, Adjusting pricing strategies, Accessing booking reports, and, Utilising marketing tools like Agoda ads to enhance visibility. Learn more What is the Agoda Partner Hub?
A variety of traditional marketing strategy models exist which are applicable to the hospitality industry, from the 4 Ps (Product, Price, Place or in the hotel world channel, Promotion) to the 7 Ps (add People, Process, Physical evidence). Hospitality marketing is focused on bringing guests through the doors of hospitality businesses.
This article will take you through the state of play, the opportunity for your business, and the actions you need to take to capitalise on the return of the world’s largest tourism segment. There are no guarantees but being prepared will hold your hotel in good stead.
In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. At the core of any successful pre-opening phase are well thought through elements of product pricing and positioning such as: Room type strategy (e.g. Distribution (e.g.
In this article, we’ll look at what exactly is involved in becoming a sales and marketing director for a hospitality business and what your responsibilities might be. However, it can be a challenge to figure out how to get started in such a competitive field.
Free booking links appearing just below the “Featured” (paid) options in the ”Prices” tab of a hotel listing. Subscribe Now Latest Articles. July 2021: Launch of the Check-In-Date multiplier. And they are not the only ones. Need help with navigating GHA and the meta search landscape for your hotel?
The following article focuses on the leading restaurant point-of-sale companies in India, their core features, and key benefits. Its ideal for businesses handling both domestic and international customers. Its user-friendly interface and affordable pricing make it an accessible choice.
” A new journal article from Yang details how specifically the restaurant industry was affected in the early parts of the pandemic. Those all dropped significantly during the pandemic (quality to 56 percent, prices to 54 percent, customer service to 52 percent) as more people prioritized COVID-19 responses. "In the U.S.
Stock prices can fall dramatically when those types of leaders exit the company and there is no clear successor. So too can changes to the corporation or LLC, such as a conversion to a different entity type, a re-domestication, or a change in income tax status.
Pricing and participation vary by location. Addtioanlly, all domestic locations of FAT's Elevation Burger will now carry the plant-based Impossible™ Burger as well as dairy-free Daiya Cheddar Style Slices. 1 of the purchase price from each of Mastroianni’s two drinks sold will be donated to No Kid Hungry.
But this year, the combination of loose restrictions in Florida, tight restrictions elsewhere, great weather, a rise in domestic travel, and pent up demand has led to a major boom in the hospitality industry, or what Eater Miami editor Olee Fowler is calling “our season on steroids.”. DG : How crazy did hotel prices get at peak Miami COVID?
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content