Building discounts into your revenue management strategy - It’s a challenging time for hotel revenue managers. Travelers want more value for their money, and hotels need to reduce costs and drive revenue.

May 2, 2023 • Hospitality

Hotels rethink rate strategies - Consumers are no longer buying on impulse when it comes to booking travel and are willing to shop around more.

May 2, 2023 • Hospitality

Hyatt acquiring Mr and Mrs Smith - Hyatt Hotels is set to acquire the Mr & Mrs Smith curated hotel booking platform and travel club for about $66 million.

May 1, 2023 • Hospitality

Hilton taps HotelKey for property management tech - The company is outsourcing its property management system to the tech company, replacing legacy systems at all 7,000 of the hotels under its brand.

May 1, 2023 • Hospitality

Prioritize opportunities when implementing attribute based room pricing - As all aspects of properties are being considered when defining “success”, how can we best optimize revenue and experience?.

May 1, 2023 • Hospitality

Accor expects full occupancy rebound early next year - Accor’s hotels had an average occupancy of 60% in the first quarter. That was 4.5% points below its 2019 level.

May 1, 2023 • Hospitality

Hilton’s ambitions for a hotel-apartment hybrid - The company is expected to announce a new apartment hotel brand within the next couple of months.

May 1, 2023 • Hospitality

Travel demand recovery may hit inflation wall soon - The pent-up travel demand may run out of steam in the second half of 2023 as rising risks of a recession threaten consumer spending.

Apr 27, 2023 • Hospitality