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HOTELMARKETING.COM | Hospitality Industry
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Finally, leisure travel ADR shows positive growth again
Leisure travel average daily rate has shown positive growth for the first time globally since the recession hit, increasing just over +1%, according to July’s The Pegasus View from Pegasus Solutions.
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CWT sees meeting market increases in 2011 and beyond
The worldwide meeting market is expected to pick up steam in the next few years, with predicted per-attendee meeting costs possibly jumping by double-digit percentages next year, according to a study from Carlson Wagonlit Travel.
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33 tips for your hotel’s social media marketing
Here is a timely and relevant list of 33 tips to develop an effective social media plattform for hotels, established by a knowledgable industry panal during the recent Southern Lodging Summit in Memphis.
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Booking engine becomes top requested PMS feature
A recent survey conducted by the University of Venice on features most requested for PMS software has shown some interesting results indicating that professional assistance and customer care is one of the most important features that Hoteliers are willing to pay for.
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IHG urging buyers to adopt dynamic hotel pricing
As hotel negotiations commence, InterContinental Hotels Group is urging large buyers to adopt dynamic pricing models for their 2011 hotel program, following a training and communication plan the global hotel company launched with its national sales team.
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Marriott’s take on corporate negotiating season 2011
Marriott International senior vice president of corporate and global sales David Townshend spoke with Management.travel about 2011 corporate negotiations and a new agreement with Concur to deliver electronic hotel folio data to users of Concur's expense reporting system.
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PwC forecasts RevPAR grow for 2010/11
According to PricewaterhouseCoopers’ latest forecast, lodging fundamentals improved substantially in the first half of 2010, as business travelers returned to many markets. Meanwhile, supply growth continues to slow. These conditions support a forecast of 6.7 percent RevPAR growth in 2011.
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OTA merchant model continues to drain hospitality industry
Revenue “leaked” from the hotel industry to the OTAs in the form of abnormally high merchant commissions of 25% and higher will reach $5.4 billion in 2010. according to Hospitality eBusiness Strategies. Yet hoteliers do not have many options when considering non-OTA distribution channels.
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Challenges in pushing ADR, while OTAs are driving down rates
Many hotel owners find themselves in the unenviable position of having to match rates, because they don’t want to lose the business. What's more, hotels are increasingly depending on online travel agencies, yet dealing with them becomes more and more difficult.
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Meeting planners transforming conference experiences into brands
Based on the outcome of a new HSMAI study, meeting planners appear to face the increased challenge of quantifying and rectifying "hard" or financial variables with "soft" or evaluative metrics when it comes to planning and assessing events in today's economic climate.
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