HNR News Issue: August, 18 2023 |  Read Online

Summer Surge to Fall Frenzy: Fall Travel Forecast Reveals Searches Are Up for Autumn Escapes

Automation is beneficial to the bottom line, but it can’t replace the unique qualities that consumers crave in some products and services. Wharton’s Stefano Puntoni explains. Read more

Discover the significance of pickup and pace in hotel revenue management. Learn how optimizing these factors can boost your hotel's revenue. Read more

A recent survey of property management professionals revealed that while more than 60 percent of respondents were aware that telecom companies are phasing out POTS (Plain Old Telephone Service, also known as analog copper land lines), nearly half reported their elevator emergency communication systems are still based on this endangered technology. Read more

Hotels in the United States saw general pressure on profit margins in the first half of 2023, with Gross Operating Profit (GOP) margin falling by 1 percentage point compared to the same period in 2022. A closer look at brand-scale performance reveals that the extremes were particularly affected: the luxury and midscale & economy segments exhibited the greatest year-on-year margin declines. Read more

U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through 12 August. Read more

While wage negotiations are always at the center of hiring, recruitment and retention, hotel leaders said young employees are also being more direct with their expectations of a career trajectory in the industry. Read more

CBRE Lending Momentum Index’ Declines 5.4% From Previous Quarter Read more

The current number of reservations being made to Portuguese hotels is 21% above 2019’s record-breaking volumes, and Portugal leads neighbouring Spain, France and Italy for comparative booking momentum. Read more

Picture this: You enter a hotel, and everything, right down to the room temperature and your choice of snacks, feels like it's handpicked for you. On another day, you find that the room prices have tweaked themselves because there's a big concert in town. Magic? Nope. It’s all about hotel data analytics. Read more

TrustYou and Hotelogix are teaming up to present an unmissable webinar on how to elevate your hotel's guest experience by becoming a socially responsive brand. Read more

Located off Highway 285, the hotel provides convenient access to Downtown Golden, The University of Denver, Denver International Airport, Red Rocks Park and Amphitheatre, and Mile High Stadium. Read more

An arbitrator ruled that Choice Hotels International Inc. is liable to a Franchisee hotel owner for three breach-of-contract claims by finding that Choice Hotels violated terms of its own franchise agreements, including promising volume discounts for products and services for the benefit of Franchisees that Choice Hotels never negotiated or delivered. Read more

The per diem guidelines announced today govern reimbursement for federal employees’ lodging and meals expenses for official government travel and include a $9 increase to the continental United States (CONUS) lodging rate as well as large increases in rates in many non-standard areas (NSAs). Read more

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