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Hotel Trends

Hotel Revenue Management

First Class Revenue: Optimizing Your Premium Inventory - By Anthony Rose

Like a first-class seat on an airplane, dynamically optimizing upgraded room classes can unlock significant revenue potential. As an industry what best practices could be applied to maximize the RevPAR growth opportunity this presents? I recently brought this question to the HSMAI Revenue Optimization Rising Leader Council for collaboration.

Labor Day Travel

Travel Outlook: Labor Day 2023 Demand - Koddi

In comparison, 2023 experienced an earlier onset of interest at the beginning of June. At the start of August, there was an uptick in demand for 2022 that was not observed in 2023.

Market Report Florida Panhandle

HVS Market Report - The Florida Panhandle Remains a Top-Tier Destination - By Hannah McManus

The Florida Panhandle remains popular among hotel developers and investors given the strength of the market in the post-pandemic period. An easy-to-reach destination for drive-to and out-of-state travelers alike, this Gulf Coast region has been a hotbed of activity for construction and transactions in the traditional-model hotel space since the summer of 2020.

Hospitality Leadership

Missionize Your Mission Statement - By Doug Kennedy

For decades now, it has been fashionable for companies from all industries to craft a mission statement to not only summarize its purpose, but also to give work more purpose. Over the years, the original concept has evolved into creating 'values' or 'vision' statements.

Market Report California

2023: A Challenging Year for California's Hotels

The first half of 2023 proved to be a roller coaster for the California hotel industry, with varying performance across luxury, full-service, and select-service segments. The year started on a high note, especially for luxury hotels, before experiencing a dramatic decline in Q2 across all major areas, compared to the same period in 2022.

Hidden Fees

Hoteliers Test 'Elasticity' of Fees on Amenities - CoStar

Hoteliers said resort or amenity fees likely aren't going away, as they are a profitable revenue stream. However, they agree the industry as a whole could do better with fee transparency throughout a guest's booking journey.

Market Report Italy

Italy is Europe's Trending Destination

This summe there is one destination that has exceeded all expectations. The following analysis highlights how Italy’s hotel sector is thriving in bookings and room rates in addition to assessing how online trends set up a summer to remember for Italian hoteliers.