All (Hotel) Revenue Is Not Created Equal
A dollar is a dollar; a euro is a euro; a quid is a quid; a yuan is a yuan; and, for the crypto crowd, a bitcoin is a bitcoin - right?
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CWT: Global business travel pricing set to increase in 2022
Global travel pricing across hotels, air and ground is expected to increase in the next two years, primarily driven by increasing demand, capacity constraints and travelers’ sustainability demands, plus increased labor and fuel costs, according to…
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Future-facing demand data: the key to maximizing revenue even in trying times
Which aspects of life and business has the pandemic not impacted? It’s hard to come up with any. Especially when you look at the hospitality industry, barely anything is as it was one or two years ago…
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Emerging revenue management KPIs you need to know
The current revenue and distribution environment is becoming exponentially more complex…
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Beyond the Booking: How to Maximize a Digital Concierge
A digital concierge taps the power of AI to deliver an enhanced experience for guests and staff — as long as it is implemented properly.
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Hoteliers Cautiously Optimistic about Business Performance in 2022
“How optimistic are you about business performance over the next 12 months?” - Hoteliers’ answers to this new question, introduced in our ongoing Hotelier PULSE survey and published for the first time in the 18th Edition of the Hotelier PULSE…
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Top 5 Big Ideas for Your Hotel Revenue Management Strategies
As the travel and hospitality world turns the page on a period of uncertainty, we begin a new chapter in the industry centered around recovery, rebuilding, and renewed efforts towards revenue optimization…
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Pandemic Re-Instructs How a Culture of Sales Remains Fundamental to the Revenue Management Process
The novel coronavirus pandemic, which continues to impact our lives, society, and economy in less than predictable waves, does influence hotel asset classes and geographic markets in different ways…
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Hotels Can Afford to Be Greedy As 2021 Enters Its Final Quarter
“A bird in the hand is worth two in the bush.” This wise saying has stood the test of time for a good reason, it cautions the greedy among us to value what they already have rather than chase after something with higher value but more risk…
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What Hoteliers Need to Know About Cloud-Based Technology and PMS
Four simple truths will enable hotel and resort operators to assess the right cloud-based property-management system for their single or multi-property enterprise
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It’s time for hotel finance teams to re-evaluate their budget drivers
As we are all aware, budgeting for 2022 will present some challenges. Without a crystal ball, we are going to need to use our knowledge to form new ways to plan for our future.
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What Is the Staying Power of Stayover Housekeeping Service?
As the hotel industry continues to recover from the ongoing COVID-19 pandemic, there will almost certainly be opposing views on which pandemic-related service adjustments will have future staying power…
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Understanding the Security Risks of Your Hotel’s PMS Data Hosting Environment
Whether hosted in the cloud, on premise, or in a self-managed data center, managing your security risks should be IT’s top priority to keep your data, and your guests, safe
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Hospitality Financial Leadership – Critical Importance of Accruals and Deferrals
A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant favoritism or anything like that but it is not lost on me that certain items get the limelight…
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Lybra CEO on big data’s role in revenue management
Big data is a term that has been used by analysts in this industry and many others…
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Cancellations top 50% for UK hotels as travellers take a chance on trips abroad
Hotels around the UK are seeing cancellation rates of over 50% as holidaymakers plan trips abroad following changes to the traffic light system.
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Replacing Hospitality Software – How to Get Out of a Sticky Situation
Stability is important. Hotels, casinos, and resorts have guests they need to serve right now, today…
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STR and Tourism Economics Upgrade 2021 U.S. Hotel Forecast, Lessen Growth Projections for 2022
Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as a whole and lessened growth projections for 2022…
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