"Hotel metric performance in the first quarter was softer for some companies due to tough year-over-year comparisons, unfavorable weather patterns in ski-focused and wine country markets, and more inexpensive flights to Mexico and the Caribbean. However, executives are encouraged by the demand outlook for the remainder of the year." #hotelindustry #hotels #hospitality #hospitalityindustry #hoteliers #hotelsandresorts #dshhoteladvisors https://lnkd.in/eEVqRjXZ
Dennis Hopper, CCIM’s Post
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https://buff.ly/4fa74UG 2024 Global Hotel Pricing Trends: Recovery Patterns and Analysis #hotels #hoteliers #hotelpricing #hotelrevenue #globalhotelpricing #pricingtrends
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"The week of July 21-27 marks the turning point of the summer season, with U.S. hotel occupancy falling after last week’s annual peak. While this seasonal decline was expected, it was greater than the decline seen last year and in 2019." #hotelindustry #hospitality #hospitalityindustry #hotels #hoteloperations #hotelperformance #dshhoteladvisors https://lnkd.in/egmdDa4f
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https://buff.ly/3ziMOAP How to Set Seasonal Pricing to Maximize Hotel Revenue #hotels #hoteliers #hotelrevenue #hotelpricing #revenuemanagement #seasonalpricing
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When it comes to hotels, both free breakfast and WiFi are highly valued amenities, but according to various surveys and studies, free WiFi is often considered more important to hotel guests. Here's a breakdown: Free WiFi: - 84% of hotel guests consider free WiFi a top amenity (Hotel Technology Study) - 73% of travelers say WiFi is a must-have when choosing a hotel (Hilton Hotels & Resorts survey) - 61% of guests are more likely to choose a hotel with free WiFi over one without (Marriott International survey) Free Breakfast: - 69% of hotel guests consider free breakfast a top amenity (Hotel Technology Study) - 56% of travelers say breakfast is a must-have when choosing a hotel (Hilton Hotels & Resorts survey) - 45% of guests are more likely to choose a hotel with free breakfast over one without (Marriott International survey) While both amenities are important, free WiFi seems to have a slight edge, particularly among business travelers and younger generations. However, it's worth noting that free breakfast is still a highly valued amenity, especially among families and leisure travelers.
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Traditional hotel stays follow rigid time slots, but the modern trend of day-use rooms offers a flexible solution for today’s dynamic guests. Find out how this innovative approach can boost your revenue: https://lnkd.in/gFRivDtq #STAAH #DayUse #hotel #resort #accommodation #hospitalityindustry #hospitalitytechnology #hoteltechnology #trending
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Learn more about the golden age of Extended Stay: "At the upper end of the market, upscale extended-stay hotels — those charging $135 or more per night — are experiencing a golden age." - Skift https://lnkd.in/eqwvKAFh
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Looking for the best value for your money on your next hotel stay? Check out this insightful article from Kiplinger to find out which hotels offer top-notch amenities, excellent service, and unbeatable prices as rated by actual guests. Your next budget-friendly vacation just got easier to plan! https://lnkd.in/dqjAbqMN #TravelTips #BudgetTravel #HotelDeals #ValueForMoney #TravelSmart #SummerVacation #USFS #USFinancialServices #FinancialPlanner #FinancialPlanning
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https://buff.ly/4bGnZfF How to Conduct a Displacement Analysis For Your Hotel #hotels #hoteliers #hotelrevenue #revenuemanagement #displacement #displacementanalysis #hotelbooking
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Swiss hotel industry reflects on a successful winter season: The Swiss hotel industry enjoyed a successful winter season, according to a survey conducted by the industry association @Hotelleriesuisse. Nearly half of the accommodations reported an increase in turnover compared to the previous year, Hotelleriesuisse announced on Sunday. The record 2022-2023 season was once again surpassed in the recent winter season, Hotelleriesuisse stated. According to the survey, a quarter of establishments recorded lower turnover, particularly urban hotels and hostels. These urban accommodations were less satisfied with the winter season than those in Alpine regions. This could be due to the increase in rooms and beds in available in urban areas, which led to a decline in occupancy rates despite a record number of overnight stays. According to the survey, businesses also expected positive figures overall for summer 2024. Here too, however, the forecasts in urban areas are more subdued. According to the survey, prices for overnight hotel stays will also rise in 2024.
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Shaping the future of hospitality. https://lnkd.in/dF3jTBvX #hotels #hotelbooking #directbooking #onlinebooking #hotelrevenue #revenuemanagement #onlinemarketing #digitalmarketing #hotelmarketing #sales #marketing #reservations #bookingengine #channelmanager #otas
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