Hotel news and insights for current and aspiring leaders.
WEBDec 9, 2022 · Redefining Hospitality: The Rise of Gen Z in the Industry. Gen Z is challenging the hospitality industry to up its game. By possessing different sets of skills, different approaches to work, and different education, they offer a significant change. Not only this but they are doing it with flair, and in some cases even outperforming their ...
2023 trends: Top 5 future innovations in hotels and hospitality
WEBJan 19, 2023 · AI-driven robots are emerging as a popular tech trend with automation and self-service playing an increasing role in improving the hotel customer experience. Robots can help with speed, cost-effectiveness and accuracy. A pioneer in robotic customer experience is the famous Henna na Hotel, in Japan and last year, the hotel opened its 2nd ...
Essential hotel business strategies you need to know in 2022
WEBNov 25, 2021 · Investigate Cost & Profit Margins. First things first, you need to make sure you’re spending your available investments and budgets in the best possible way. This means looking into how you’re marketing, which channels you’re spending your money on, and how you’re putting yourself out there. In short, you need to make sure you’re ...
The top 10 hotel performance metrics - eHotelier
WEBJun 7, 2022 · Top 10 Hotel Metrics to Track. 1. Revenue Per Available Room (RevPar) Revenue per available room (RevPAR) is the average revenue generated per available room in a hotel. It considers a combination of occupancy, rate, and revenue for all available rooms within a property. It can be measured daily, monthly, or …
Elevating hotel management for the future - eHotelier
WEBMar 8, 2024 · As we navigate the future of the hospitality industry, hotel managers stand at the forefront of change, guiding their teams and operations towards new heights of excellence. By focusing on exceeding guests’ service expectations through personalisation, technology, and sustainability; nurturing team members with continuous learning, a culture ...
7 changes the hotel sector can’t afford to ignore
WEBJan 21, 2022 · Here are seven changes that businesses can’t afford to ignore as we move into 2022. 1. Reliance on technology. The use of smart rooms, digital reception, keyless rooms entry, smart payment, smart check-in/-out – with some hotels eliminating the need for a front-of-house reception team entirely – is now becoming commonplace.
New deal between hotel owners and management - eHotelier
WEBNov 2, 2021 · The new deal proposed here is the need for a new number to emerge and be adopted in the same way REVPAR and REVPAR index was and is. This new deal applies to managed hotels by brands, management companies, and their owners. The new mega number that sits at the front door of the new deal is GOPPAR. What is the profit per room available after all ...
The Future of independent hotels - eHotelier
WEBJun 22, 2021 · The independent hotel is an experience worth writing home about. Compared to large chains, these hotels offer intimate settings that are first, and foremost, service-oriented. This passion for excellent service stems from the pride these hoteliers feel as small business owners. Every guest’s experience is valued the same, but each of their ...
2Q-2022 Hotel Industry Outlook and Market Intelligence Reports
WEBJun 2, 2022 · Currently, Lodging Analytics Research & Consulting (LARC) expects U.S. RevPAR to increase by 27.3% to $91.48 in 2022, which would put 2022 RevPAR 5% above 2019 levels. The recovery is driven by continued strength in ADR. LARC expects ADR to be up 17.3% this year to $146.19, which is 11% above 2019 levels.
5 hospitality industry upgrades that improve the customer …
WEBApr 14, 2022 · Despite the reputation for limited growth opportunities, the hospitality industry actually offers diverse and fulfilling career paths. Investing in professional development courses is an effective way to demonstrate the possibilities within the sector.. Besides in-house training led by staff, employers can subscribe to an eLearning portal that houses virtual, self-paced courses.
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