As a hotelier, you would wish to drive direct bookings sooner, wresting back some control from online travel agencies (OTAs). While the OTAs are a great source of revenue, reducing your reliance on these platforms will help your hotel gain…
Read More
Buying a hotel franchise can be expensive but has significant potential profits. It involves securing the rights to operate a hotel under an established brand, benefiting from the parent company's reputation, marketing support, and standardized operating procedures. Planning to buy…
Read More
Hotels are an excellent source of income for investors. But are hotels suitable investments? The hospitality industry is thriving and expected to grow to US$ 5.8 trillion in 2027 at a compound annual growth rate (CAGR) of 5.5 percent. As…
Read More
This is your ultimate guide on "How to Attract Domestic Tourists to Your Hotel." In an era of exploration and rediscovery, hoteliers face the exciting challenge of captivating the attention of domestic travelers. Understanding and implementing effective strategies becomes paramount…
Read More
The hotel industry is grappling with a critical challenge—hotel labor shortage. The repercussions of this scarcity extend beyond understaffed operations; it significantly affects service quality and, subsequently, the overall guest experience. The disruptive force of the COVID-19 pandemic has intensified…
Read More
Prices are a foundational element of a hotel’s revenues. Pricing aims to increase occupancy rates and boost revenue by attracting guests while maintaining profitability. There's always a fine line between prices that are too high and too low. But there…
Read More
Social media has become an integral part of the modern guest journey. Today, customers browse social media when picking a place to stay. With social media network users projected to increase to almost 6 billion in 2027, hotels can increase…
Read More
To run a successful business, you need to know the numbers. The same goes for the hotel industry. You should know the Hotel KPIs to keep track of the revenue stream, performance, and operational aspects. The logic is simple: if…
Read More
Guests don’t see what goes on behind the scenes, but as a hotelier, you know what it takes to deliver a seamless experience. Hotel operations management is the linchpin for boosting revenue, optimizing occupancy levels, and ensuring heightened guest satisfaction.…
Read MoreEndorsed By
Supported by
Held in
Copyright © 2024. All rights reserved. Informa Markets, a trading division of Informa PLC.
