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October 11, 2020 |
Category: Revenue
Recovery Begins with Outsourced Hotel Revenue Management and Marketing Solutions
The problem is universal – Hotels with limited capital reserves and fixed overhead expenses cannot afford to reengage their revenue generating activities given the low demand in the marketplace. The terrible impact of Covid on the hotel industry can be best observed with the exceptionally high amount of furloughed teams and hotel closings over this …
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October 7, 2020 |
Category: Revenue
Signs of a Domestic Travel Demand Rebound
Signs of a Domestic Travel Demand Rebound REDWOOD SHORES, Calif., July 7, 2020 /PRNewswire/ — Following a long stretch of stay-at-home orders, consumers are eager to get out and travel according to a new research study from Oracle and Skift. Just over half (51%) of people surveyed in both North and Latin America plan to book trips in the next …
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October 7, 2020 |
Category: Condo-Hotel
Condo-Hotel Management is in High-Demand
The alternative accommodations sector was expanding at a rate of more than 1.7 times as fast as hotels in Europe. And this was pre-Covid. Recent changes in consumer travel behavior resulting from the Covid this past year has accelerated the need for alternate accommodations. Chief amongst these products is the condo-hotel, a set of units …
August 20, 2020 |
Category: Management
Strategic Revenue Management for Hotels & Resorts Post-Covid
August 29, 2020 How should hotels and resorts position themselves in the wake of Covid? It is understandable, expected even, that travelers around the world with pent-up demand to travel will be bargain-shopping. On the other side of the equation. hotels are faced with the inertia of keeping rate integrity intact for the better of …
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