Posts Tagged ‘hotel revenue strategy’

First-Quarter Earnings Calls Uncover Health of Hotel Industry

by Ed Watkins, Contributing Editor |

Many hotel executives approached 2017 with apprehension. A new president in the White House, a growing but sluggish economy, potential hotel overbuilding, world tensions and other issues threatened to end the hotel industry’s seven-year streak of prosperity. Well, the numbers are in for the first quarter, and most public hotel companies fared well and in some instances, better than expected.

Read More

AHIC: Midscale Hotel Market Presents Most Opportunity

by Sarah McCay Tams, Contributing Editor, EMEA |

This year’s Arabian Hotel Investment Conference, which took place at the end of April in Dubai, highlighted a number of opportunities for the hotel sector in the Middle East, with the midscale market seen to be giving the luxury segment a run for its money in the region.

Read More

Hotel Brand Companies Face Threats From OTAs, Consumer Preferences

by Ed Watkins, Contributing Editor |

Seven trending hotel news stories that will impact your hotel Revenue Strategy.

Read More

It’s Time For a New Customer Relationship Strategy

by Jason Q. Freed, Managing Editor |

As innovation happens faster across all industries, businesses are often left chasing trends and lagging behind their customers’ needs. With all the data available on consumers today — and the enormous number of digital touch points to reach them — many suggest it’s time for a societal shift in the way businesses connect with their consumers.

Read More

In Uncertain Times, Focus on RevPAR Index As Well As RevPAR Growth

by Ed Watkins, Contributing Editor |

The hotel industry seems to be obsessed with RevPAR and, in particular, RevPAR growth. Typically, one of the first items discussed in a public hotel company’s quarterly earnings report is the percentage of RevPAR growth achieved. STR executives have touted the industry’s significant accomplishment of 85 consecutive months of RevPAR growth in the United States, a feat that dates back to 2010.

Read More