Hotel Recovery
Managing the Right Channel Mix for Hotels is More Difficult Than Ever - CoStar
The Challenge of Finding the Most Profitable Demand as the Hotel Recovery Ramps Up
The Challenge of Finding the Most Profitable Demand as the Hotel Recovery Ramps Up
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers. This latest Forward STAR piece shows how music lovers will equal beds in heads, specifically for Dublin, Belfast, Glasgow and Turin.
Leisure Segment Remains Strong While Group, Corporate Show Promising Signs
While U.S. hotel performance continues to lag 2019 levels, the rate of recovery is a positive sign for hoteliers industrywide.
The supply chain crunch and inflation are compounding whats already a nettlesome recovery for hotel owners and operators. Though hotels offer nightly leases, allowing for the repricing of rooms on a dynamic basis, other revenue-generating outlets are more intransigent - a problem when inflation is soaring.
U.S. hotel industry forecasters and analysts said pace of demand and growth of rates, driven particularly by leisure travelers, has helped move the recovery timeline forward just as improving weekday bookings show group and corporate travelers are getting back on the road.
COVID-19 webinar summary: 5 key points on Total Accommodations Update, 3 December