Serviced Apartments

APRIL 12, 2024

The report – An Independent Review on the Role and Value of Serviced Apartments in the UK – reveals a market size of more than 56,700 across the country. Including single-key operators, the total market value of the sector extends to £1.7 billion in 2022. Click to download here.

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Boutique Hotel News

OCTOBER 28, 2022

Neil Thomson, associate director in the hotels agency team, said: “Rothay Garth Hotel is a highly acclaimed hotel in a high footfall area, catering for a mix of domestic and international clientele. The extended conservatory has ample capacity for residents and passing trade.

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Hotel Business

NOVEMBER 8, 2024

This quarter’s report highlights the following key trends: Bifurcation in hotel performance persists as RevPAR growth slows While RevPAR remains up 14% to 2019, growth has stagnated, rising just 1% vs. 2023, driven by declines in domestic leisure travel amid contracting consumer savings. relative to last year.

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Hotel Owner

MAY 14, 2024

Hotel marketing has come a long way, with the majority of holidaymakers – domestically and abroad – using the internet and their social media accounts to research and choose their next vacations. Are you aiming to build brand recognition in a new market? Do you want to boost off-peak season occupancy rates?

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Modern Restaurant Management

JANUARY 27, 2020

takeout market, is a massive and growing opportunity that has not yet been transformed by digital ordering. “As an investor, I look for companies which already have market demand. Enhances marketing efforts. ? " Grubhub Ultimate back-of-house Kitchen Display System at Taheni Grill in New York City. Guest-led service.

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Revenue Hub

SEPTEMBER 18, 2024

Business travel is finally making a comeback, providing hoteliers with renewed opportunities to capture a crucial market segment. Key markets like China, the USA, Germany, Japan, and the United Kingdom are driving this growth, with impressive annual increases in business travel spend – 69% in Japan alone. trillion by 2027.

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Serviced Apartments

OCTOBER 22, 2024

The market is ripe for high-quality serviced apartments which cater to the growing number of domestic and international travellers in the region, both leisure and business.” “It is an exciting time to join Cheval Collection, as it builds its footprint in the UAE and wider Middle East,” said Potvin.

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SiteMinder

AUGUST 27, 2024

Airbnb initially made a significant impact on the Chinese market, offering travellers unique and affordable stays. 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.

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Hotel Owner

JANUARY 31, 2024

Willemijn Geels, VP of development Europe at IHG Hotels and Resorts, said: “Adding over 1,000 rooms through nine new signings is a great reflection of our investment in the UK&I market, and of the confidence of our owners in IHG, who continue to trust us to develop and open successful hotels with them.

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SiteMinder

FEBRUARY 8, 2024

Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. According to Statista research , revenue in the Travel & Tourism market is projected to reach US$184.50bn in 2024. What are Chinese travellers?

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Hotel Owner

JUNE 4, 2024

Out of the 40 markets CoStar tracked about 30 reported declines in RevPAR performance over the past month. Domestic tourist destinations such as Cumbria, including the Lake District, York, and East and West Yorkshire, were some of the “worst hit”. However, performance has been mixed across the country, depending on the market.

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Hotel Owner

AUGUST 23, 2024

Claims in the UK’s hotel and catering sector have spiked by 100% in July, compared with the same time last year, according to trade credit insurer Atradius. However, the group’s data on late and failed payment claims has indicated that the hospitality market overall is performing well, partly due to the rise of staycations.

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Les Roches

AUGUST 22, 2024

Major chains have responded to this by expanding their portfolios, embracing innovative guest experience strategies and adapting to new market trends. This expansive reach reinforces Marriott’s dominant market position and shows its ability to cater to a broad clientele, ranging from luxury travelers to budget-conscious guests.

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Serviced Apartments

MAY 22, 2024

It will offer 56 self-catering spaces ranging from studios to three-bedroom apartments, each with a fully-fitted kitchen, dining/work table, and lounge area. The domestic market is being revitalised, with innovative and inspiring hospitality offerings encouraging people to explore within our shores.

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Serviced Apartments

MARCH 5, 2024

Rooms come with a full kitchen and on-property amenities include a combined fitness and laundry facility, a multifunctional lobby and communal space, and a self-service market. The property will feature 290 rooms, including 214 king studio suites and 76 one-bedroom suites.

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Hotel Owner

JULY 5, 2023

Four-star country house hotel and spa, Tre-Ysgawen Hall, has been sold to property development company K2RE for an undisclosed amount to be relaunched into the hospitality market. The hotel and spa cater for both local clientele and as a tourist destination for international and domestic travellers.

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Serviced Apartments

SEPTEMBER 24, 2024

This strategy enables us to capture not only inbound travel to Southeast Asia but also intraregional and domestic travel, further enhancing Ascott’s market performance.” Backed by our experienced global teams with extensive local expertise, we are well positioned to drive Ascott’s global expansion,” she added.

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Revenue Hub

SEPTEMBER 12, 2023

Subscribe to our weekly newsletter and stay up to date By understanding the different types of guests a hotel attracts and tailoring pricing and marketing strategies accordingly, hotels can unlock significant revenue potential. Geographic Segmentation : Location: Domestic, international, specific regions or countries.

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eHotelier

JANUARY 14, 2024

voco & Suites Jeddah will also be equipped to cater to the business needs of domestic and international guests, featuring four venues for meetings and events. Other amenities include a fitness centre and a swimming pool, ensuring a well-rounded and enjoyable stay for guests.

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Hotelogix

SEPTEMBER 17, 2024

Flexible Listing Options : Hotels can list different room types or properties, catering to different types of guests (solo travelers to large families) Agoda Agoda is one of the most popular OTAs in Asia. It’s the go-to platform for Chinese tourists and is perfect for hotels that want to attract this growing market.

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Serviced Apartments

OCTOBER 3, 2023

UK: Cornwall-based self-catering apartment collection Beach Retreats has reported a 12 per cent growth in longer stays of eight nights and more. Beach Retreats reported strong demand for domestic holidays with summer bookings matching 2022 levels, with lead times continuing to shorten.

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Serviced Apartments

MARCH 28, 2024

Dean Carlson, head of digital assets at Susquehanna, said: “Blueground has emerged as the global leader in furnished, flexible apartments for 30+ day stays with its ability to operate profitably in this market and continuously improve financial performance.”

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Serviced Apartments

AUGUST 1, 2024

The property industry had been optimistic about a cut to interest rates to boost the housing market, while major lenders including NatWest, Halifax and Santander all cut their mortgage rates in anticipation of the announcement. per cent, we’ve witnessed chaos in the mortgage market, dismantling the ambitions of first-time buyers.

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Hotel Management Network

OCTOBER 26, 2022

Dining venues at the hotel include a Chinese restaurant featuring seven private dining rooms, an all-day dining restaurant catering diverse range of international cuisine, a lobby lounge and lobby bar serving selected tea, beverages and snacks as well as an Executive Lounge.

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Hotel Owner

MAY 15, 2023

As a result, we explained the reasoning behind the name change at our hotel conferences, and we catered to any concerns that they may have had. For example, we are now able to enjoy the best purchase procurement rates in the market across EMEA, as suggested by our suppliers.

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Hospitality Magazine

JANUARY 17, 2024

“The untold story is what goes on and what went on in those backyards — imagine an Italian household in the ’60s growing prickly pears, but then going down to Hurstville and shopping at an Asian market — that kind of mixing,” says Kelly. To live in Sydney and to have family from other cultures is to be somewhat confused,” says Kelly.

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Revenue Hub

OCTOBER 17, 2023

Additionally, business intelligence tools are aiding hoteliers in understanding market trends, guest preferences, and even competitor strategies, ensuring informed decision-making. They’ve discerned a trend where international business travelers tend to book their stays three months in advance, while domestic tourists book just a month prior.

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Hotel Business

OCTOBER 30, 2023

According to a national survey commissioned by Marriott International conducted by 72Point, key findings reveal shifts in venue site selection, group travel experiences, top domestic and international destinations and changing demands for hotels.

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SiteMinder

JULY 24, 2023

Many of them use their disposable income in order to spend big on luxury trips — both internationally and domestically. The importance of catering to the needs of hotel guests Catering to the needs of different types of hotel guests is crucial for enhancing the guest experience and driving growth in your hotel business.

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SiteMinder

NOVEMBER 30, 2023

Statistics about travel demographics Statistics about travel demographics can be particularly useful for your hotel, as it allows you to target your marketing more effectively, plan your offers, and prepare satisfying guest experiences – all in the mission of maximising your reputation and profit.

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Modern Restaurant Management

NOVEMBER 17, 2020

The survey insights show how the hospitality and event industry can pivot their offerings to cater to consumer preferences. A little under half of the respondents said yes, and of those 30 percent of them used catering for these events. Occupancy in urban markets is just 35.6 According to STR, nationwide hotel occupancy was 44.4

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Revenue Hub

JUNE 9, 2023

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. Then partner with your marketing manager to understand who is engaging with your marketing channels (ads, social media, website, etc.)

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SiteMinder

FEBRUARY 28, 2023

These measures may slow down the influx of guests from China to your location but 2023 still promises to herald their return, especially since China’s aircraft were still operating domestically throughout the pandemic and are hampered only by the required ramping up of staff to manage international flights.

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Modern Restaurant Management

JUNE 17, 2021

Augustine, Florida, a new self-serve store in Bayonne, New Jersey, focused on catering with a late-night walk-up window, and a counter-service store in Navarre, Florida, that will appeal strongly to tourists. "This As part of a 10-unit franchise agreement, the brand will be further expanding into the Northern Colorado market.

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The Restaurant Times

MARCH 7, 2021

Along with being the Chef Partner, Anahita heads up the entire business operations of SodaBottleOpenerWala Gurgaon and the catering division of the brand in Delhi NCR. With NYC.PIE, Sukriti is aiming to create a niche brand with an international dining experience catering to the domestic crowd.

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EATER

SEPTEMBER 30, 2024

When Peter Platt was in Newport, Oregon in 2018, visiting Local Ocean Seafoods to bring them on as a supplier, he spoke with some of the fishermen docked outside the waterfront fish market and restaurant. All the salmon fishermen were like, ‘We don’t even bother to fish off the coast here anymore.

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InnQuest

NOVEMBER 21, 2022

The segment of customers that are apprehensive about the increased cost of travel are not necessarily going to avoid it altogether; instead, there may be a rise in domestic travel as many countries saw during the pandemic. It’s important to cater to both groups, and this highlights an important point overall – providing guests with options.

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