Geo-Based Hotel Pricing: A Bold Revenue Strategy or an Ethical Quagmire?
A recent discussion on Hospitality Net’s World Panel has reignited the debate over whether differentiating hotel pricing based on a traveler’s geographic location is a prudent revenue management strategy or an ethically fraught practice…
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SiteMinder report shows hotel revenue up to 60% higher from direct bookings
A new report by SiteMinder has revealed that hotel websites outperformed all other booking sources in driving revenue per booking in 2024, by as much as 60%.
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Despite a backdrop of political and economic uncertainty as well as difficult financing conditions, 2024 witnessed a resurgence in hotel transaction volumes. A we settle into 2025, stakeholders are optimistic on increased deal activity by the end of…
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Why guest retention is the #1 priority for hoteliers in 2025?
To begin with, revenge travel is over. STR and Tourism Economics final 2025 forecast reflects a downgrade in growth rates because of concerns over rising costs of living. It’s simple math: higher cost of living means less disposable income which…
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Outlook 2025: Long-term view to trump geopolitical noise
Despite the complex geopolitical outlook affecting markets at the dawn of 2025, savvy hospitality investors would do well to keep their eye on the long-term prize, experts suggest.
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German Hotel Association Sees Optimism in Greece’s Case Against Booking.com
Markus Luthe, Chief Executive Officer of the German Hotel Association (IHA), has extended an invitation to Greek hoteliers to join a collective legal action challenging Booking.com’s controversial use of rate parity clauses. These clauses restrict…
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Don’t rely soley on AI marketing in 2025 for direct hotel sales warns Mirai
“Hoteliers wanting to drive direct sales shouldn’t rely solely on rapid AI-based placements for their marketing strategy in 2025” warned Mirai’s Pablo Delgado during an executive panel at Phocuswright – taking place this week in Phoenix, Arizona –…
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The Court of Justice of the European Union (CJEU) has ruled on price parity clauses in contracts between an important hotel reservation platform and hotel establishments. The CJEU has determined that these clauses must be analyzed under the rules on…
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ChatGPT's Real-Time Web Search is a Game Changer for Hotel Marketing
The launch of real-time web search capabilities in ChatGPT marks an exciting new chapter in the way we search for information online. While Google has been the default for finding quick answers, ChatGPT’s web browsing introduces unique advantages…
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Hotel Success Today – The GM Factor
Good Vibes: When you first walk into a hotel lobby do you get a sense of the hotel? A sense of positive or negative vibes. I have seen both lately and I firmly believe it starts with the Hotel General Manager – not rocket science…
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Asia-Pacific hotel investment growing in 2024
Asia-Pacific hotel investments will total US$12.2 billion for the full year 2024 as an influx of investment activity, a more favourable interest rate environment and generally supportive macro and microeconomic developments will positively impact…
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Artificial Intelligence Is Checking Into Your Hotel – Are You Ready?
Even though artificial intelligence has been a part of our lexicon for more than seventy years, artificial intelligence remains the latest bright shiny thing. Businesses large and small feel compelled to incorporate artificial intelligence into…
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How Cloud PMS and Self-Service Technology Can Power Growth & Profits for Aparthotels
The aparthotel market is on a rapid growth trajectory, with the global extended-stay hotel sector valued at $54.5 billion in 2023 and projected to reach $166.5 billion by 2033, according to Future Market Insights…
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BlueRock Consulting launches the Luxury Hotel Benchmarking Report
BlueRock Consulting, a boutique management consulting firm launched the Luxury Hotel Benchmarking Report, providing financial performance metrics for the luxury hotel industry in the selected Mediterranean countries, based on participation and…
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2024 Hotel Distribution Study: Digital Trends in Accommodation: Hotels, Booking.com and DMA
Today, HOTREC released its 2024 Hotel Distribution Study(1) which examines recent developments and trends in the European accommodation sector, and uncovers the way consumers book hotel rooms. The main findings confirm the need for proper…
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UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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German Hotel Investment Market In The Doldrums In 2023, But Positive Signals For 2024
Cushman & Wakefield recorded a total transaction volume of EUR 1.5 billion for the hotel segment in 2023. This corresponds to a decline of around 23 percent compared to the previous year and is the lowest result of the past eleven years, falling…
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Q&A: Project Management Advisors’ Mark Knott Discusses 2024 Hospitality Trends
Throughout 2023, the hospitality industry has experienced a number of shifts…
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