Management

For many hotels, the time-honored Pace Report forms the heart and soul of their RM analysis. Pace Reports are usually designed to give the reader a quick snapshot of future rooms revenue versus the previous year…
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To maximize revenue at your property, a hotel lead management strategy is essential. We all know that when hospitality is booming, working in hotel sales is a blast…
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A recent study conducted by Expedia Group claimed travelers are 57 percent more likely to book a hotel via an OTA than before the pandemic, as a result of emerging traveler booking motivations such as: To get the best nightly rate (69 percent), To…
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It’s not going to be a typical winter, by any means…
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Hotel-chain development teams are busier than ever despite the pandemic devastating demand, as independents and small networks rush to seek the comfort of scale, loyalty and other brand benefits…
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With London in the dumps in terms of demand and revenue, the U.K. investment scene has been flipped on its head, but investors remain focused on long-term assets even though risk, bad players and valuations muddy the waters…
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Alex Cruz is stepping down as chairman and chief executive of British Airways as its owner, International Airlines Group (IAG), reshuffles top management to tackle the worst crisis in aviation history…
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Easyjet says it expects to record annual pre-tax losses of between £815 and £845 million, and is forecasting to operate just 25 per cent of capacity in the first quarter of 2021.
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The coronavirus pandemic continues to place a giant question mark around the travel industry and when demand will once again return to 2019 levels. Shifts in consumer behavior aren’t helping hotel companies like IHG plan for a recovery…
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Members of the Lodging Industry Investment Council look back at the months the U.S. hotel industry has grappled with the coronavirus pandemic and what they believe that means for hoteliers going forward…
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Vijesh Yoganathan, our Head of APAC, sat down with Amit Peshawaria, Head of Sales Asia Pacific at OTA Insight and Murphy Mathew, Regional Solutions Engineer APAC, IDeaS Revenue Solutions, to discuss revenue management strategy in the Asia Pacific…
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The robots are coming! They’re taking over! No job is safe! That’s the hype we keep hearing, and revenue-management software companies definitely want you to believe that a computer is better than a human. But is it true…
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When I wrote my first pandemic-themed article, Hotel Marketing and Revenue Management in the Time of Pandemic, I was definitely hoping for things to be better by now…
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The coronavirus pandemic has made it difficult for U.S. hoteliers looking to drive rates because demand has dropped overall, but they have found some opportunities for growth.
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The effects of COVID-19 on the United Kingdom’s hotel industry and the end of the government’s furlough scheme have forced Whitbread PLC, the U.K.’s largest hotel company by asset number, to terminate 6,000 jobs, 4,500 of which are in the company’s…
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Driftwood Capital expects a wave of distressed assets to hit the market within the next three to six months as government funding runs out…
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Intercontinental Hotels Group has added the first property under its Voco brand in Northern Europe. The former Holiday Inn Villach in Austria’s southern Carinthia province has been reflagged as the Voco Villach…
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Management and consulting firm Columbia Hospitality, based here, has created an executive search program designed to place highly skilled and qualified candidates into positions in the hospitality industry…
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New York City diners may soon see a Covid-19 surcharge on their bills as the restaurant industry continues to hobble due to the coronavirus pandemic.
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While hoteliers would like to see a return to a robust demand environment sooner rather than later, asset management experts said it will be important to embrace cost cutting measures to ensure a return to profitability…
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A corporate reorganization at Accor pushes some power away from corporate headquarters and leaves the Paris-based hotel company without four of its top executives, according to an internal memo sent this week by the company’s CEO Sebastien Bazin…
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A desk with an ocean view, a "dedicated" personal assistant, non-stop refreshments and a complimentary laundry service.
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With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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Hoteliers might be able to upsell pandemic-related services as add-ons to position hotels in an attractive light and at lower prices while maintaining healthy margins above costs.
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