Posts Tagged ‘millennials’

Prepare for Seasonal Dips with the Right Revenue Strategy

by Ed Watkins, Contributing Editor |

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

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Like other consumers, luxury travelers are driven by personalization

by Ed Watkins, Contributing Editor |

They say rich people aren’t like me or you, but that doesn’t necessarily hold true in what they expect from their travel experiences and how they realize those goals. The luxury market has been the subject of quite a bit of research lately, and most of it has reached the same conclusion: Affluent travelers want personalization and unique, connected and exclusive experiences.

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Potential downturn could test younger revenue strategists

by Ed Watkins, Contributing Editor |

For old timers in the hotel business, the last downturn in industry performance was a doozy, but not completely different from others in the past. However, today there are a lot of young professionals in the industry—and many of them in revenue strategy positions—who have never worked through a downward part of an industry cycle.

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