Weekly Insights. August 3, 2024
Best hospitality industry articles focused on 💵revenue, 📊markets, and 🎯strategy (Jul 28 - Aug 3, 2024).
Booking’s algorithm is changing — how should hoteliers adapt?
After been forced by the DMA to remove rate parity clauses in the EU, Booking have changed their algorithm. Learn what that means for hoteliers like you.
10 tried and true hotel Revenue Management strategies
If you’re starting out in a revenue or yield management role, you’re on one hand looking to revitalize your strategy, or you work closely with revenue managers and want to contribute to their success, then these 10 tried and true revenue management strategies will be just the ticket.
Is your hotel breakfast an overlooked profit center?
Many hoteliers are surprised to discover the impact breakfast has on their property. Breakfast can be a profit center from brand recognition, search engine visibility, and increased turnover and profitability.
Perhaps most surprising, it’s not the food itself, although that is important. It’s more the positive association guests make when they have a positive breakfast experience. Plus, because it’s one of the last impressions of your hotel, it’s what they carry away from their stay.
Additionally, our research shows that most leisure travelers (or bleisure) stay at least two nights. They’re most likely to leave a review about their experience if they appreciate your breakfast service, as opposed to guests who stay just one night and don’t need/want to use the breakfast service.
Practical guide to guest experience: How-tos and trends
Creating a standout hotel guest experience involves more than just meeting the expectations of your guests. It requires a deep understanding of what makes each stay unique.
Here’s a look at trends that are currently shaping guest expectations and will make for unique stays. Uncover how to ensure your offering delivers exceptional guest experiences before guests even check in.
Why hotels should maintain their brand independence
An independent hotel starts with a unique vision and concept. Unlike standardized chains, independent properties and collections have the opportunity to distinguish their brand in the market and deliver truly memorable experiences to guests at all stages of their journey.
50 bleisure travel statistics for 2024
Looking to better understand the blend of business and leisure (bleisure) travel industry trend? We've compiled 50 statistics to help you better understand and capitalize on this trend taking the market by storm.
How data platforms enable business metrics beyond RevPAR
Of all the measurements hotel leaders can use to assess a hotel's health, which do you think will be the most important going forward and how will real-time data connections empower hoteliers to use these new KPIs?
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