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INDUSTRY NEWS: According to Skift, the travel and hotel industries are facing significant transformations. Hotels and online travel agencies (OTAs) must adapt to a landscape marked by fierce competition and changing consumer behaviors. The threat of a recession looms, potentially softening travel demand, especially in leisure sectors. However, luxury travel remains resilient, and Gen Z is driving a shift towards experiential travel. Stay informed and ready for what's next in travel! Stay updated with Rocketstay at https://lnkd.in/e3TuPFbc

INDUSTRY NEWS: College football season isn't just about the games—it's a major driver of local economies across the country. Research shows that these events inject billions of dollars into host cities, with small businesses, restaurants, and hotels reaping the benefits. For example, college football weekends can bring as much as $1.5 million to local economies, providing a financial boost that's crucial for many communities. With RocketStay, your hotel can tap into this influx of travelers by positioning itself as the perfect place for fans to stay. As college football draws fans from near and far, offering affordable and convenient accommodations will ensure your property stays booked and your local economy thrives. Don't miss out on the action—score big with RocketStay this football season! Start here: https://lnkd.in/e3TuPFbc

INDUSTRY NEWS: In July 2024, the U.S. hotel industry saw largely flat performance year-over-year, with Oahu Island leading the way in occupancy and revenue, while Phoenix and New Orleans posted the lowest occupancy rates. Nationwide, occupancy stood at 68.8%, with an average daily rate (ADR) of $161.69 and RevPAR at $111.18. The numbers reflect a stable but challenging market, with some regions outperforming others. Stay informed as the industry navigates these shifts. Keep with Rocketstay at https://lnkd.in/e3TuPFbc

What's the biggest challenge your hotel has faced in adapting to new travel trends? Whether it's shifting guest expectations, integrating new technology, or something else—let's discuss! Share your experiences and insights in the comments below. We're all in this together!

INDUSTRY NEWS: According to AirBnb, local travel is on the rise, with more guests choosing stays within 300 miles of home—nearly doubling over the last five years! As end-of-summer holidays like Labor Day approach, it's the perfect time to tap into this trend and attract nearby travelers to your hotel. In 2023, over half of US stays during Labor Day weekend were just a short drive away. By promoting your property as the ideal local getaway, you can capture this growing market, increase your bookings, and support your local economy. RocketStay is here to help you position your hotel as the go-to destination for guests looking to explore closer to home. Don't miss out on this opportunity—boost your bookings with RocketStay! Start here: https://lnkd.in/e3TuPFbc

Why Seamless Integration is Essential 💡 Linking your property to key platforms such as Airbnb and VRBO is vital for boosting bookings and expanding your reach. By partnering with Rocketstay, connecting to Airbnb or VRBO typically results in a 20% increase in value. Through an uncomplicated process and smooth integration, your hotel gains exposure to a wide audience, allowing you to oversee your listings conveniently in one location. Start changing your business with RocketStay! Visit https://lnkd.in/e3TuPFbc

INDUSTRY NEWS: With potential interest rate cuts on the horizon, the hotel industry is poised for significant changes. Lower rates could ignite hotel deals, accelerate new developments, and provide relief for existing owners. This shift could also boost branded residences, timeshare sales, and even competition with short-term rentals. Stay tuned as we navigate this exciting period of transformation in the hospitality sector. Learn more about Rocketstay at https://lnkd.in/e3TuPFbc

Flexibility is no longer a luxury; it's a necessity for today's travelers. With RocketStay, you can offer flexible booking options that cater to the changing needs and preferences of modern guests. Whether it's flexible check-in times, cancellation policies, or last-minute deals, providing these options can set your hotel apart and attract more bookings. Embrace flexibility with RocketStay and see the difference it makes! Start here: https://lnkd.in/e3TuPFbc

Maximize Your Hotel's Revenue Potential! Dynamic pricing is a powerful tool that can significantly boost your hotel's profits. With RocketStay's advanced tools, you can adjust your rates in real-time based on demand and market trends. By optimizing your pricing strategy, you'll attract more guests during peak times and maintain steady bookings during off-peak periods. Start maximizing your revenue potential today at https://lnkd.in/e3TuPFbc

The Power of Data-Driven Decisions 📊 In the hospitality industry, data is a game-changer. RocketStay provides you with data-driven insights that allow you to make informed decisions, whether it's adjusting pricing, optimizing marketing efforts, or enhancing guest satisfaction. By leveraging data, you can stay ahead of the competition and ensure your hotel's success. Learn how to harness the power of data today! https://lnkd.in/e3TuPFbc