Hotel revenue managers' reliance on automation increases - “Old-school philosophy” still leads to uncertainties creeping in whenever the automation system doesn’t yield optimal results.

Jul 11, 2023 • Hospitality

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

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

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