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Visual brands like hotels can gain a lot of traction and interest from video content, especially if you use platforms like TikTok and YouTube Shorts. Tailor your content to the platforms’ strengths and you can attract potential guests.
What is ADR (Average Daily Rate)? ADR , or average daily rate, is a key metric used to calculate a hotel’s profitability. It demonstrates the average rate hoteliers can charge for a room during a certain period on any given day. ADR is an important metric because it can help you evaluate how well your pricing strategies are performing, helps you better practice revenue management and maximize the revenue on each room sold, and serves as a point of performance comparison between your hotel and th
Courtesy of CNN | CNN Production studio A24 is in talks to acquire the film, entitled “Tony,” while Dominc Sessa is attached to star Over six years after his death, the Anthony Bourdain entertainment complex continues apace. There have been books and documentaries and a whole day dedicated to unpacking the life of a man who had a profound and powerful impact on the food world.
Bentley Group’s Brasserie 1930 has a new menu that’s all about championing the open kitchen’s charcoal grill. Head Chef Brent Savage has curated a number of debut dishes for the Capella Sydney restaurant, which has now been operating for one year. Savage has leaned into seafood when it comes to many of the new additions, with guests now able to enjoy skewered Western Australian octopus with green olive and almond sauce and a tiger prawn cocktail.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Who says you can’t have it all? SLS is ready to make a serious splash with the upcoming debut of its first all-inclusive resort, SLS Playa Mujeres, set on Mexico’s spectacular Yucatán Peninsula.
In today's fiercely competitive hospitality industry, staying ahead requires attracting more guests and selling more rooms. In this context, one of the most transformative trends reshaping how hotels market and sell their rooms is Attribute-Based Selling (ABS). This approach not only helps hotels meet and exceed guest experience but also optimizes their revenue potential.
Dusit International, one of Thailand’s leading hotel and property development companies, has signed a property management agreement with King Square Development Co., Ltd, a Bangkok-based real estate company established by Saha Group and Tokyu Corporation,and King Square Suites Co., Ltd. to manage Dusit Suites Kingsquare, Bangkok and KingsQuare Residence – an upscale hotel and luxury residential project slated to open in 2026.
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Dusit International, one of Thailand’s leading hotel and property development companies, has signed a property management agreement with King Square Development Co., Ltd, a Bangkok-based real estate company established by Saha Group and Tokyu Corporation,and King Square Suites Co., Ltd. to manage Dusit Suites Kingsquare, Bangkok and KingsQuare Residence – an upscale hotel and luxury residential project slated to open in 2026.
Access Point Financial (APF), a leading direct capital provider focused exclusively on the hospitality industry, announced today the appointment of Daniel Zagoria as Managing Director, Business Development.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
The starting point for sustainability in the hotel industry is the goals set by owners, brands, and management companies. The objectives can be fairly specific, such as reducing waste or energy consumption by a certain percentage within a certain timeframe, shifting to eco-friendly housekeeping products, or meeting the requirements of a program such as LEED or Green Key.
Mews, the industry-leading hospitality cloud, and Duetto, a leading provider of revenue management software for the hospitality industry, have now exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally.
Imagine your hotel as the must-book destination everyone’s talking about. That’s the power of the Fear of Missing Out (FOMO)—a crucial driver behind today’s booking behaviors. To capitalize on this trend, you need to be ahead of the game with the latest industry innovations. Here’s how to harness FOMO and keep your hotel at the forefront: 1. From Experience to Transformation: The New Travel Paradigm Today’s travelers aren’t just seeking experiences, they’re looking for transformations.
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.
Cloudbeds, the innovative leader in hospitality management technology, today announced the strategic hiring of AI visionaries Amit Popat, Head of Machine Learning, and Nikhil Shah, Head of Data Science. This move marks a significant investment in artificial intelligence by Cloudbeds, aimed at developing unparalleled applications for the hotel industry and ushering in a new era of what’s possible for hoteliers.
Hoteliers are increasingly turning towards data-driven solutions to help them stay ahead of the competition. Why? Because by leveraging guest data, general managers can gain valuable insights that can be used to improve the overall guest experience.
ATLANTA, Georgia—Officials of Aperture Hotels announced that Patrick Short has been named chief operating operator. In his new role, Short will provide cross-disciplinary leadership and direct operational execution and commercial strategy for Aperture’s portfolio of 27 managed hotels. “With more than thirty years of hospitality operations experience, Patrick is the perfect fit for Aperture’s growing portfolio to continue improving operations performance metrics across the board,” sai
Cendyn, a global integrated hotel technology and services company, has unveiled its new Learning Center designed to advance hotel’s product knowledge of Cendyn solutions for improved commercial performance.
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.
Accor’s leading premium brand Mövenpick proudly announces the opening of its first address on the Mediterranean coast of Türkiye. The newly opened Mövenpick Resort Antalya Tekirova features 383 rooms designed for guest comfort amidst Tekirova’s breathtaking atmosphere. Alongside its magnificent natural surroundings, the resort boasts various accommodation options and rich culinary experiences which guarantee unforgettable memories.
Do you know where you’re losing guests along the journey? Today’s travellers face a complex journey from research to booking. The competition is fierce for hoteliers, and so is the pushback from OTAs. That’s why it’s vital to optimise the booking funnel to ensure a smooth transition from research to booking. NB: This is an article from Hotelchamp Subscribe to our weekly newsletter and stay up to date The booking funnel includes every step a potential guest takes, from discovering you
Sonesta International Hotels Corporation has opened the Sonesta Hotel Baltimore Inner Harbor, a 150-room, upscale hotel. The hotel is within walking distance of the Inner Harbor in Downtown Baltimore and provides access to the city’s key attractions, including the National Aquarium, M&T Bank Stadium, the Baltimore Museum of Art and Oriole Park at Camden Yards.
Many hoteliers have the business in their veins, intuitively understanding the nuances of hospitality. Running a successful hotel requires balancing day-to-day operations with the need for strategic decision-making. Hoteliers are often engulfed in the immediate demands of their business, making it challenging to step back and see the big picture. NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date We explore three key areas where hoteliers can make
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.
In this conversation with Jason Pirock, Head of Marketing at Springboard Hospitality, a premier third-party hotel management company, we discuss how properties and hotel brands can use a customer data platform (CDP) to increase conversions within the guest booking journey.
Now that’s a big statement to put out there, but I’m very confident that I’m pretty close to 100% correct with my observations. The reason why I’m so sure is that I know most hoteliers are not financial people and they are oblivious to the issue I am going to explain. On top of that – I see this all the time. NB: This is an article from Hotel Financial Coach Subscribe to our weekly newsletter and stay up to date It’s also pretty clear that most hoteliers don’t have an accounting background
Italy’s first luxury train, La Dolce Vita Orient Express, will commence its covetable journeys in Spring of 2025, with bookings now open at orient-express.com. The new all-inclusive train journey provides eight exclusive round-trip "Made in Italy" itineraries departing from Rome, highlighting sought-after destinations like Venice, Matera, Tuscany, Piedmont, Portofino, Abruzzo and Sicily.
In the fast-paced and volatile world of hospitality, one adage stands the test of time: cash is king. While profitability is crucial for long-term success, it’s liquidity that keeps the lights on and operations running smoothly day-to-day. The ability to manage cash flow effectively can mean the difference between thriving and merely surviving – or worse, shuttering doors permanently.
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.
Technology was supposed to make everything so easy. Instead, travelers are more overwhelmed than ever by their devices, each vying for attention every second of every day. Not only are travelers focused on getting from point A to point B, but they likely are managing work emails, speaking with family members, or are distracted by whatever book or video series currently has their attention.
Lille Allen/Eater You never have to look at a gross olive pit again As a fairly recent homeowner, I’m still cautious about what I’ll allow in my kitchen. Years of living in city apartments has made me a minimalist in almost all areas of my life, but the kitchen in particular. I spend a lot of time there cooking and planning, and over time I’ve sort of trained myself to keep things simple and orderly.
Cross Hotels & Resorts is thrilled to announce a significant Hotel Management Agreement (HMA) with Yutthaporn Development, marking an exciting step forward for both companies. This two-hotel deal for Cross Vibe Bangkok Srinakarin and Lumen Bangkok Srinakarin exemplifies our shared commitment to delivering outstanding lifestyle hospitality experiences in Bangkok’s dynamic Srinakarin district.
Whatabrands, the company behind the Texas-based chain Whataburger, recently filed a lawsuit against a North Carolina restaurant group, What-A-Burger #13, in North Carolina's Middle District federal court claiming What-A-Burger #13 infringed on a federal trademark, unfairly competed with Whataburger, breached a contract, committed unfair and deceptive trade practices, and unfairly competed under common law.
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
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