In an age where competition has never been tougher, benchmarking is your compass. This guide provides an overview of benchmarking and best practices in revenue management.
Work life balance, contentment and industry opportunity in their roles fuel loyalty - Global travel buyers and suppliers also report continued knowledge gaps, desire for clarity and implementation challenges related to New Distribution Capability
We sat down with three Revenue Management experts, Virginia McShane, Joshua Clem, and Hudson Wood, to get some tips and tricks for tracking pickup and pace, communicating with other departments, and staying flexible in a dynamic market.
Four graduate students have had their research articles selected as winners of the Spring 2024 edition of the HFTP/MS Global Hospitality Business Student Blog Competition. This season's submissions explored a wide variety of hospitality technology subjects, including scent-based marketing, augmented reality (AR) and contactless check-in opportunities.
HFTP is hosting this complimentary webinar as a service to hospitality professionals, disseminating the most current security practices and measures, helping to safeguard trust and integrity in the industry.
Industry's first and only dedicated development team focused on creating a more inclusive hospitality industry reintroduces program with a new name and hosts second annual HERtels luncheon
Technology providers that prioritize personal relationships and live-agent support in an age of automation are a valuable asset
Project to be situated on prime 27-acre site in proximity to Fontainebleau Las Vegas and Resorts World Las Vegas
Operators know fitting the right tech to their customer base's needs provides an advantage.
The redefined event series will focus on connecting America's hotel owners with the products and services they need to run their businesses, encourage more networking and idea-sharing, and create opportunities to engage with elected officials to gain insights and build relationships that enact positive change in the industry.
Famous tabby has transformed Garfield-themed rooms in select locations across the U.S.; offers fans a chance to attend the world premiere of The Garfield Movie in Hollywood
Black's Island is a seven-acre gem off the coast of the Florida Panhandle, sporting a four-star resort with twenty-six waterfront bungalows.
The comprehensive renovation breathes new life into every facet of the guest experience. Guest suites exude sophistication and comfort with new carpeting, beds, bedding, furniture, artwork, and upgraded bathrooms. The lobby and restaurant boast a refreshed, modern aesthetic with ample seating and a welcoming ambiance, perfect for work or leisure.
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms.
Is it illegal to estimate what hotel prices might be in the future? According to some powerful people, it could be. Plaintiffs in several class-action lawsuits argue that merely having access to algorithmically informed price insights amounts to an illegal conspiracy among business competitors - that it?s fair to assume they'll stop competing and just fix prices instead.
The hospitality industry has a significant impact on the environment, from extensive water and energy usage to waste production. However, the growing awareness of environmental issues has led many consumers to prefer businesses that commit to sustainable practices. This shift presents a golden opportunity for hotels. This article will show you ways you can implement some good practices that not only will be good for the earth, but great for bringing in more guests.
Hyatt collaborates with KultureCity for a survey of more than 1,000 neurodivergent individuals and caregivers to drive research-supported action
In the ever-evolving hospitality industry, the question of how to effectively compensate hotel operators remains crucial. While the basic premise of paying managers for their management skills holds true, the prevalent incentive fee structures may no longer adequately align with market realities, particularly for owners.
Global leisure demand beginning to bloom - U.S. RevPAR moderated after three unsteady weeks.
Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We've got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a diverse range of experience on one of our favorite topics - PIPs and Capex investments.
From sustainable practices to cutting-edge technology, we've identified seven travel industry trends that are redefining the future of the travel industry and reshaping business travel solutions.
While hybrid corporate events may be the future of modern meetings and conferences, planning and hosting one poses some unique challenges. If you're wondering how to host the best hybrid event, this guide covers it all. You'll learn everything from what hybrid events are and the benefits they deliver to how to plan a hybrid conference that delivers on your goals along with some hybrid event ideas to make it successful.
The U.S. Federal Trade Commission’s recent decision to ban non-compete agreements marks a pivotal shift in employment regulations nationwide. This rule not only prohibits new agreements but also retroactively impacts existing ones.
Satisfaction across airlines, lodging, car rentals, and online travel agencies climbs again, returning to prepandemic levels, according to the American Customer Satisfaction Index (ACSI) Travel Study 2023-2024. The airline industry stands out, hitting an all-time customer satisfaction high of 77 after a second straight 1% year-over year improvement.
Two top artificial intelligence experts - one an optimist and the other more alarmist about the technology's future -engaged in a spirited debate at the TIME100 Summit on Wednesday.