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.

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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.

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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

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Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

Accounting

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.

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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.

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Lodging Magazine

FEBRUARY 20, 2024

DALLAS, Texas—The commercial real estate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, increased by 1.0 percent from Q3 2023—marking the first quarterly increase since Q1 2022.

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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.

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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.

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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.

Service Management

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.

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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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Marketing 110

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.

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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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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.

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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.

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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

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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.

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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

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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.

Presentation

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.

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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.

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Budgeting Article Marketing Pricing 108

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.

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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

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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

Pricing

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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Revenue Hub

FEBRUARY 20, 2024

In today’s world, filled with technology and different alternatives, if you want to reach your customers and connect with them, you need to provide them with options. And this includes -and specially points towards- your communication. NB: This is an article from Bookboost Subscribe to our weekly newsletter and stay up to date Instead of sticking to a single communication avenue, be it email or phone calls, businesses now have the flexibility to engage with their guests through a myriad of platf

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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.

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Marketing 104

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.

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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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