Why an RMS Will Never Replace Human Revenue Managers
For some hoteliers, a Revenue Management System (RMS) seems like the ticket to higher occupancy and room rates. Get the software, input some data and away you go. Or something like that.
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Alternative lodging options in the middle east
In the hospitality industry today, customers have a considerable number of alternatives compared to the options that were available only few years ago…
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Three Tactics for Staffing Up Ahead of the Busy Season
From offering flexible scheduling to prioritizing training, these three tactics will help hoteliers improve employee satisfaction and draw in more applicants.
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As travel ramps up, travel professionals face a slew of challenges, including staffing shortages, burnout, high prices and low availability.
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The Travelin’ Man: Understanding What Travelers Want from a Hotel
The pandemic has forever changed the future of travel. However, the travel demand is up much higher, and new travel trends have emerged since restrictions were relaxed.
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BRIDGE FINANCING CRITICAL FOR ENTREPRENEURS
As my colleague Stephen O’Connor says, “bridge lenders are keeping the industry going – they lend where others won’t and have a penchant for executing on the most innovative hospitality projects.” This is truer now than it has ever been with…
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CVO vs CEO: The Importance of Vision
I am often complimented on the success of our business, the creativity of the premise and the length of time we have been in business…
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EUROPE’S SHORT-TERM RENTAL SEGMENT ON TRACK FOR STEADY GROWTH
The short-term rental segment in Europe was on track to generate gross bookings of over €40 billion in 2020 – then came COVID.
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Alternative lodging options in the middle east
In the hospitality industry today, customers have a considerable number of alternatives compared to the options that were available only few years ago…
read more
Tourism Tidbits: Getting Ready for the Family Vacation Season
Although most family vacations will not occur in the Northern Hemisphere until June – August, May is the month when families plan their vacations…
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Finnair launches new long-haul premium economy and business class dining concepts
Finnair has launched new premium long-haul dining concepts, to coincide with the recent launch of the carrier’s new business and premium economy seats.
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Consumer confusion over best hotel rate
Consumers in the UK’s perception of where to find the best rate has become more confused over the pandemic, according to the latest Hotel Guest Survey from BVA BDRC.
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Why an RMS Will Never Replace Human Revenue Managers
For some hoteliers, a Revenue Management System (RMS) seems like the ticket to higher occupancy and room rates. Get the software, input some data and away you go. Or something like that.
read more
WTTC report suggests a "digital one-stop-shop" travel portal
The World Travel and Tourism Council (WTTC) has published a report offering a blueprint to governments on how best to implement a common digital travel portal.
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Three Tactics for Staffing Up Ahead of the Busy Season
From offering flexible scheduling to prioritizing training, these three tactics will help hoteliers improve employee satisfaction and draw in more applicants.
read more
Radisson Hotel Group to attract talent to fill over 1,500 vacancies
The campaign highlights the importance of turning everyday experiences into unforgettable moments as well as wider career development opportunities across the group, as it looks to add more than 1,500 team members in EMEA and APAC…
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A New Mandarin Oriental Hotel Is Coming to London Before the End of the Year
Located in historic Hanover Square, the Mandarin Oriental Mayfair will house 50 rooms and suites, an 80-foot pool and more.
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MGM acquires operations of The Cosmopolitan for $1.625B
MGM Resorts International has closed on its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas for cash consideration of $1.625 billion…
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THE CASE FOR URBAN, BIG BOX HOTEL INVESTMENT
The question of the day for many hotel investors is, “Where do we go next?”
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BUYING INTO A REBOUNDING MARKET
Capital seeking reasonable returns is in love again with the recovering hotel business. However, the issue for anxious buyers is a lack of appealing assets on the market…
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As travel ramps up, travel professionals face a slew of challenges, including staffing shortages, burnout, high prices and low availability.
read more
Turkey’s Tourism sector to grow at twice the rate of the national economy
The World Travel & Tourism Council’s latest Economic Impact Report (EIR) reveals Turkey’s Travel & Tourism’s GDP is forecasted to grow at an average rate of 5.5% annually between over the next decade, more than twice the 2.5% growth rate of…
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A new kind of tourism: Virtual travel in the metaverse
You might not need to hop on a plane to travel in the near future. 5G can power a new kind of tourism, one that allows virtual travel to Venice, Seoul or even the Pompeii of the past.
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TripTrends: APAC’s accelerated tourism recovery for April and beyond
In our TripTrends series, we share the data and trends defining the global travel revival and examine the latest Trip.com Group data to identify the patterns emerging as travel rebounds around the world…
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Texas Woman Sues DoubleTree by Hilton Hotel in Austin in Sexual Assault Case
Lawsuit alleges DoubleTree by Hilton Hotel failed to cancel lost room key picked up by attacker
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A Miami investment group purchased the Trump International Hotel in Washington, DC, and wasted no time scrubbing the former president's name from the property.
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Booking.com to cut thousands of workers in new reorganization
Booking.com on Thursday that it will be slashing nearly three thousand jobs globally as it plans to outsource nearly all of its customer service operations…
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U.S. News & World Report has unveiled its Best Hotels rankings, which evaluate more than 35,000 hotels and resorts across the U.S., Europe, Canada, Mexico, Bermuda and the Caribbean…
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