Retail revolution: Driving revenue beyond room rates
eHotelier
FEBRUARY 20, 2024
Retail can produce up to 45%-65% profit and even the smallest space can produce revenue that will increase the bottom line.
eHotelier
FEBRUARY 20, 2024
Retail can produce up to 45%-65% profit and even the smallest space can produce revenue that will increase the bottom line.
MEWS
FEBRUARY 20, 2024
What is rate mixing? Rate mixing is a practice many hotels use to offer different rates for a singular booking or package. This way, the guests get the most out of the booking by mixing different daily rates. You essentially allow guests to choose rates depending on their needs and mix them together. Guests are attracted by the best price available, and hotels are able to attract guests at different rates, optimizing profitability.
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eHotelier
FEBRUARY 20, 2024
Curio Collection by Hilton welcomes Next Hotel Melbourne as the brand’s first Melbourne property in the global portfolio of nearly 150 individually remarkable hotels. Each hotel in the Curio Collection by Hilton portfolio is handpicked for their distinctive architecture and design, world-class food and beverage, and curated experiences in exciting destinations around the world, while providing the benefits of Hilton and its award-winning guest loyalty program, Hilton Honors.
Modern Restaurant Management
FEBRUARY 20, 2024
In today’s tech-driven world, customers and workers alike expect a seamless payments experience wherever they go. Until now, restaurants have primarily focused on customer experience when considering payments technology, but the emergence of new and developing worker payment programs can impact and improve the restaurant worker experience. With the restaurant industry facing an ongoing labor shortage , it’s more crucial than ever to offer your staff the best experience possible, whic
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
eHotelier
FEBRUARY 20, 2024
Brodt, who has extensive experience in the food industry, will drive the long-term strategic vision and direction of Electrolux Professional Group's branded service program, Essentia.
Hospitality Management Today brings together the best content for hospitality management professionals from the widest variety of industry thought leaders.
eHotelier
FEBRUARY 20, 2024
Kimpton Everly Hollywood, is pleased to announce the appointment of Benjamin Palmer as General Manager. A seasoned professional in the luxury lifestyle hospitality space, Palmer brings a wealth of experience, deep commitment to employee engagement, and proven track record in strategic growth to the Everly team.
Hotel Business
FEBRUARY 20, 2024
IHG reported a 16.1% increase in RevPAR for 2023, with a 7.6% increase for the fourth quarter. Compared to 2019, RevPAR was up 10.9% for the year and 12.7% for the fourth quarter. Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. vs 2022, 1 pt. lower vs 2019 Total gross revenue of $3
eHotelier
FEBRUARY 20, 2024
Zurab Pololikashvili led a high-level delegation to the country to join the official inauguration of the Tehran International Tourism Exhibition and for a series of bilateral meetings to advance common goals around tourism resilience, diversity and rural development.
Revenue Hub
FEBRUARY 20, 2024
Common hotel revenue sinkers include selling inventory too soon and too low – spillage – or not selling enough during high demand, leaving you with last-minute discounts. Spillage, spoilage, and overbooking can destroy your bottom line. Discover how to avoid them and grow your revenue. NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Revenue management is a complex discipline worth implementi
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Driven by a diverse and exciting ecosystem of passionate, ambitious, and often young entrepreneurs, the Food & Beverage (F&B) sector is a highly competitive environment full of immense challenges and exciting opportunities. Expert Market’s 2024 industry report, sponsored by Toast, is informed by a survey of 522 U.S. food and beverage professionals, from restaurant owners to food service managers, providing insights into the real-time challenges and opportunities within the industry.
eHotelier
FEBRUARY 20, 2024
In a decisive move to shape the future of the Travel & Tourism sector, the World Travel & Tourism Council (WTTC) today issued a ‘Call to Action’, urging EU stakeholders to support a sector that employs over 22MN people and contributes €1.4TN to the European Union’s economy.
Hotel Business
FEBRUARY 20, 2024
Hyatt Hotels Corporation has separated its Americas region into two subregions, U.S. & Canada and Latin America & the Caribbean (LAC), led by two newly appointed subregional presidents, Susan Santiago and Gabriel Felip. respectively, who both report to Pete Sears, group president, Americas. In her new role as president, U.S. & Canada, Santiago is responsible for the growth and performance optimization of Hyatt’s owned and managed portfolio.
eHotelier
FEBRUARY 20, 2024
Nonius is thrilled to share news of our cloud infrastructure’s regional expansion and upgrade, guaranteeing a flawless entertainment experience for your guests, even amidst unforeseen disruptions.
Hospitality Net
FEBRUARY 20, 2024
The Hotels Network (THN), a full-stack growth platform for hotels, has successfully acquired LiveRate, a platform that empowers hotels to engage with their guests and drive direct bookings. This acquisition brings hotel clients previously under contract with LiveRate into THN’s extensive network, which already boasts over 19,000 properties around the world.
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Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
eHotelier
FEBRUARY 20, 2024
Marriott Executive Apartments, Dubai Creek, renowned for its commitment to exceptional guest experiences, has chosen IRIS, the leading provider of mobile F&B ordering platforms, to revolutionise their in-room dining services. This strategic move aligns with the hotel's commitment to innovation, enhanced guest journeys, and revenue diversification.
Revenue Hub
FEBRUARY 20, 2024
Modern consumers expect personalized experiences in many aspects of their lives – from online shopping to streaming services – making it very important that hotels find ways to offer the same level of personalization that travelers expect in their next hotel stay. NB: This is an article from JLNPR Subscribe to our weekly newsletter and stay up to date Due in part to the advances of marketing technology and the wealth of customer data available due to online bookings, hyper-personaliz
eHotelier
FEBRUARY 20, 2024
Managing a profitable hotel requires a careful eye on your inventory. You don’t want to sell your rooms too early at reduced rates because such spillage can drain your revenue. However, spoilage, overbooking, and overselling can also wreck your profits.
Hospitality Net
FEBRUARY 20, 2024
Hilton (NYSE: HLT) announced the signing of Home2 Suites by Hilton Dublin City Centre, signalling the market-leading brand’s debut in Western Europe, as part of a franchise agreement with JMK Group.
Speaker: Joe Sharpe and James Carlson
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
eHotelier
FEBRUARY 20, 2024
In the ever-evolving landscape of online advertising, staying ahead of the curve is paramount for businesses looking to maximize their revenue while also adapting to changes in user privacy expectations.
Revenue Hub
FEBRUARY 20, 2024
In the ever-evolving landscape of online advertising, staying ahead of the curve is paramount for businesses looking to maximize their revenue while also adapting to changes in user privacy expectations. NB: This is an article from Cendyn , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date With Google’s recent announcement regarding updates to its Hotel Ads bidding models, hoteliers face a pivotal moment in their metasearch advertising strategies.
eHotelier
FEBRUARY 20, 2024
Established Cairns’ hotel owner, Taisei Kanko Australia Pty Limited, announced today that their Cairns hotel has relaunched as a self-managed, independent hotel to be branded as Cairns Harbourside Hotel.
Fast Casual
FEBRUARY 20, 2024
Industry veterans will offer invaluable insights on building successful loyalty programs, doing loyalty right (IHOP, Potbelly, The European Pizza Company) and actionable strategies to boost engagement and drive sales.
Speaker: Igli Laci, Strategic Finance Leader
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Revenue Hub
FEBRUARY 20, 2024
Unfortunately, a universal hotel Revenue Management approach that suits every property doesn’t exist, but there are certain strategies that work better than others, especially as a smaller independent hotel. NB: This is an article from Lighthouse (formerly OTA Insight) Subscribe to our weekly newsletter and stay up to date Your property should have a tailored pricing strategy that fits its unique needs, but there are common industry practices that can be honed to compliment your business
Hospitality Net
FEBRUARY 20, 2024
The new 466-key InterContinental Resort Portofino, The Heart of Europe will open its doors in early 2026 on The World Islands Dubai, strengthening IHG Hotels & Resorts luxury and leisure portfolio in the region
STAAH
FEBRUARY 20, 2024
As hotels brace themselves for the future, it’s crucial to anticipate and embrace the exciting preferences that today’s travelers are seeking. In the ever-evolving landscape of travel, the year 2024 holds a promise of transformative shifts that extend far beyond the conventional idea of accommodation. Let’s delve into six compelling trends that will shape the hospitality industry in the coming years. 1.
Hospitality Net
FEBRUARY 20, 2024
The hotel offers a unique blend of modern designs, local flavors, and a relaxing infinity pool, all within proximity to the bustling souks and markets.
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Running a restaurant involves juggling numerous tasks, but payroll and HR shouldn’t add to the stress. Our guide, "A Buyer’s Guide to Payroll & HCM Services," is tailored for the restaurant industry to help you choose the best provider. Efficient payroll services ensure timely, accurate payments, crucial for maintaining staff morale. Compliance support helps navigate labor laws and avoid costly fines.
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