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

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 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

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

Sabre acquired hospitality e-commerce provider Techsembly - Techsembly brings advanced marketplace and gift card retailing capabilities to Sabre Hospitality's existing SynXis Retail Studio.

Jul 6, 2023 • Hospitality

Tipping culture is out of control - As the negative sentiment takes hold, some businesses are opting out of digital touch-screen payment systems with predetermined options.

Jul 6, 2023 • Hospitality

Travel advisors prepare for travel demand plateau - There's little doubt that the surge in spending on travel will eventually slow down. What that looks like - and when it might happen - is yet to be determined.

Jul 6, 2023 • Hospitality