Inflation's impact on hotel revenues and expenditures - Inflation erodes consumer purchasing power and pressures hotels with tighter profit margins due to rising operational costs.
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Hyatt now discloses resort fee up-front - Marriott, Hyatt, and MGM Resorts still face some outstanding grievances from some consumer advocates and government representatives.
Aug 30, 2023 • Hospitality
Hotel revenue managers question value of group travel - Group travel demand has shown a consistent rebound since the outset of the pandemic, yet elevated expenses are placing pressure on profit margins.
Aug 28, 2023 • Hospitality
Hyatt faces lawsuit over 'junk fee' practice - A traveler advocacy organization accuses the firm of using an 'illegal' method of falsely advertising prices.
Aug 23, 2023 • Hospitality
Hoteliers weigh strength of leisure, business demand in budgeting for 2024 - Hotels also must address business travel demand that never returned to 2019 levels.
Aug 22, 2023 • Hospitality
Five benefits of AI in hotel revenue management - AI powered revenue management systems offer hotels the ability to make data-driven decisions with unprecedented speed and precision.
Aug 22, 2023 • Hospitality
Effective discounting in the hospitality industry - Strategies for ensuring that hotel discounts continue to be beneficial and profitable.
Aug 16, 2023 • Hospitality
Hotel revenue managers prioritize ancillary revenues - Considering that RevPAR is currently below levels from 2019, hotels should prioritize maximizing ancillary revenue streams.
Aug 15, 2023 • Hospitality
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