Weekly Insights. September 28, 2024
A brief guide to maximizing the marketing and buyer activity of your hotel listing
Essential strategies for hotel owners to attract buyers and lead to a successful sale of their asset include partnering with the right broker, providing thorough and precise financial records, and adapting to market feedback. This approach streamlines the sale process, builds buyer trust, and helps achieve a successful transaction.
Is 2025 the year for robots in hotels?
Rising costs and shortages of available labor are major problems facing the hotel industry. Whether it is the potential use of autonomy to eliminate some tasks like food delivery and cleaning public spaces or co-bots to assist associates in becoming more efficient and productive, robots are a potential part of the solution to staffing challenges.
How do you see robots potentially impacting hotels and where can they make the most difference?
Hotel sustainability: Challenges and solutions
‘Net-zero hotels’ are something no one had heard of ten years ago, but now an increasing number are redirecting their efforts to reduce their carbon footprint and achieve this gold standard in hospitality sustainability. While this is an encouraging step - you might call it a breath of fresh air - the wider environmental challenges facing the hotel sector remain stark.
According to the Sustainable Hospitality Alliance’s Global Hotel Decarbonisation Report, the sector must reduce its emissions by two-thirds by 2030 and 90% per room by 2050 if it’s to contribute to the goals set out in the Paris Climate Agreement. These ambitious numbers indicate that while there are some eco-friendly outliers, there’s still plenty of work to do.
How hotels are displaying resort fees in the wake of CA’s Junk Fee Law
In July 2024, the California Junk Fee Law was passed with the goal of eliminating the confusion surrounding hidden fees in the hospitality industry. This legislation requires hotels and other hospitality players to provide transparent pricing upfront, with mandatory add-ons like resort fees included in the advertised price.
While hotels now need to show resort fees upfront, that doesn’t mean there’s only one way to do so. We took a look at twelve different hotel booking engines to see how hotels are displaying their prices and fees — this is what we found.
Mastering hotel revenue management: Online courses that prepare you for success
The hospitality industry is evolving faster than ever, and with this evolution comes a heightened need for revenue management expertise. From managing room availability to forecasting demand and optimizing prices, revenue management is crucial to ensuring that a hotel operates profitably. Whether you’re a student looking to break into the industry or a recent graduate seeking to elevate your career, understanding how to master hotel revenue management is essential.
In today’s competitive landscape, an online course dedicated to hotel revenue management is one of the best ways to equip yourself with the knowledge and skills you need to succeed. In this article, we’ll explore the importance of revenue management, the challenges students face in learning it, and how online courses are making it easier to acquire these essential skills. We’ll also discuss the latest trends in the industry, practical tips for succeeding in your studies, and why now is the perfect time to invest in your education.
The role of a general manager in the hotel industry: A comprehensive overview
A General Manager in the hotel industry is a big, busy, and essential role. They are the ones who run the entire operation, ensuring everything from operational efficiency to excellent guest experiences and profitability.
So, what does it take to become one? What skills are required, and more importantly, what is the role of a general manager? How much do they make? These are some of the questions we’ll try to answer in this blog.
It’s ‘no dough’ for third-party cookies, according to latest Google announcement
Will hospitality face another Google challenge now that the search engine has changed its approach to eliminating third-party cookies?
Having said they would end the use of third-party cookies in the Chrome browser for the past four years, Google has now retracted this plan. Instead they’ve chosen a softer option by putting the onus on the consumer to opt-out.
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