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Today's Brief
Can the post-pandemic travel boom endure? - Tourists are swallowing higher prices but ever tighter household budgets pose risks for hotels and airlines.
Jul 7, 2023 • Hospitality
U.S. hotel GOPPAR declined in May - Decline primarily due to weak revenue growth coupled with substantial labor costs, according to STR‘s May 2023 data.
Jul 7, 2023 • Hospitality
As occupancy stalls, parking drives hotel revenue growth - Parking rate increases are an effective way to increase revenue, and help offset inflationary pressures on operating expenses.
Jul 7, 2023 • Hospitality
Shiji Group
Guest Reviews Like Never Before
We analysed a full year's worth of guest review data in five global regions, free for hospitality.
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Deloitte on luxury hospitality's staying power - As people return to vacation mode post-lockdowns, luxury hospitality is experiencing a boom in business and investor interest.
Jul 7, 2023 • Hospitality
The challenges affecting hospitality today - Rates are not what they were a few years ago. Inflation has taken its toll. The ability to get money is strained.
Jul 7, 2023 • Hospitality
Collaboration grows among hotel commercial strategy teams - Greater focus on communication and collaboration between Revenue management, marketing, sales and digital.
Jul 7, 2023 • Hospitality
Revenue strategy is more than rooms revenue, rates, and RevPAR - How an influx of readily available data is leading to modern approaches to revenue strategy.
Jul 7, 2023 • Hospitality
The virtual reality travel industry is booming - Virtual reality and the metaverse will significantly impact the world of travel and hospitality.
Jul 7, 2023 • Travel
... in case you missed it, our Daily Brief July 6, 2023
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