Danit (Frydman) Silvestri’s Post

It is a metric used in the hospitality industry to measure the relationship between the average price of a hotel or (ADR) "𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐷𝑎𝑖𝑙𝑦 𝑅𝑎𝑡𝑒"  compared to the average price of its competitive set. #Hotel #RevenueManagement #ChannelSales

In today's competitive hospitality industry, hotels make use of OTAs discounts to maximize revenue and attract guests. ⬇️ Here are the best practices for optimizing OTAs discounts: #hotels #hospitalityindustry #OTAoptimization #revenuemanagement

The top extended stay brands and markets to watch in 2024 Hospitality pros share where they predict extended stay development and investment activity will take place this year, as well as which hotel brands are leading the segment. Extended stay is, well, here to stay.  Despite economic challenges like high interest rates and staffing shortages that continue to impact the hotel industry, the extended stay hotel model is on a high growth trajectory bolstered by brand launches, development deals and investment activity nationwide.  Guests continue to demand accommodations in the category as well, with trades workers, business travelers and even college students turning to the longer-term lodging option.  Read more at: https://lnkd.in/dsYzi4Qb #hotel #travelindustry #allsuitehotel #extendedstayhotel #hotelmanagement #hoteliers #hotelmanagement

Unlocking success in the hospitality industry!🚀 Discover ways to trim hotel operating costs without compromising service quality. 🏨💡 #hoteloperations #operatingcost #hotelindustry #hospitalityindustry

There’s a divide between the seamless experience travellers enjoy and the outdated hotel systems still used to perpetuate fragmentation. In this year’s Hotel Yearbook, James Bishop calls on the hotel industry to remove siloed categories from our vocabulary ➡️ bit.ly/3KXVQFJ #SiteMinder #HotelTechnology #HITECCLT24

"🌟 Navigate the future of hospitality with AUGREV Hotel Consulting. Master the art of hotel price monitoring and turn competitive insights into opportunities. Maximize profitability, outmaneuver the competition, and delight every guest. With us, your hotel isn't just a stay; it's where smart pricing meets exceptional experiences. Let's set sail to success together! ⚓️💼 #AugrevConsulting #HotelRevenueManagement #PriceOptimization #TravelTrends"

The 2024 The Lodging Conference revealed exciting trends in the hospitality industry. Hotel investment is set to rise, experiential stays are in demand, and extended stay remains a favorite among developers. However, labor shortages and tech challenges continue to pose obstacles. With hotel deal activity expected to increase and unique guest experiences becoming the norm, the industry is gearing up for transformative growth. What trend do you think will have the biggest impact on hospitality moving forward? #HospitalityTrends #HotelInvestment #ExperientialTravel #ExtendedStay #LodgingConference #HotelIndustry #TravelTechThe

Transform your hospitality experience with our cutting-edge hotel solutions. From seamless bookings to enhanced guest experiences, we've got you covered. Elevate your hotel management with us! . . . #HotelSolutions #HospitalityInnovation #SeamlessBookings #GuestExperience #HotelManagement #HospitalityTech #HotelEfficiency #CustomerSatisfaction #SmartHotels #HotelTech #HotelServices

Well written article by Hotel Dive about the virtues of our economy extended stay sector and fuel for LivAway Suites rapid expansion! Spoiler alert - more ground break announcements coming soon as we add to the growing pipeline of new properties. #west77partners #extendedstay #livawaysuites #hoteldevelopment

"🌟 Navigate the future of hospitality with AUGREV Hotel Consulting. Master the art of hotel price monitoring and turn competitive insights into opportunities. Maximize profitability, outmaneuver the competition, and delight every guest. With us, your hotel isn't just a stay; it's where smart pricing meets exceptional experiences. Let's set sail to success together! ⚓️💼 #AugrevConsulting #HotelRevenueManagement #PriceOptimization #TravelTrends"