RevPAR gets all the love, but it’s a vanity metric that blinds the industry to its bigger problems, such as the cost of running a property.
NB: This is an article from Cloudbeds, one of our Expert Partners
Our industry loves reporting on Occupancy, Average Daily Rate (ADR) and Revenue Per...
MARKHAM, Ont. — Sean Bell, formerly the CFO of Mary Brown’s Chicken, is the new president of Fat Bastard Burrito, Co. In July, Fat Bastard Burrito, Co. was acquired by MBI Brands, joining Mary Brown’s Chicken under one umbrella company. Bell was instrumental in closing the acquisition and brings...
When it comes to revenue management, using a data-driven strategy can have a huge impact on the level of success you achieve.
NB: This is an article from BEONx, one of our Expert Partners
Creating an optimised tech stack that provides you with valuable insights and access to the right AI tools for analysing this data can...
The year 2022 turned out to be a great year for the hospitality industry. The return of business travel meant that the business of hotels started returning to the 2019 levels. This year is also predicted to witness a growth in business for the hotels and that success is...
An accurate demand forecast can help a hotel optimise pricing, inventory and operations, resulting in increased revenue and profitability.
NB: This is an article from Lybra, one of our Expert Partners
Demand forecasting is also very useful for defining more targeted and effective marketing strategies allowing hotels to reach their target...
When users search on Google for hotels at a destination, they are typically greeted with a result page that has a mixture of paid search results, organic search links, and the local three-pack that includes three hotels for the destination that they searched for.
NB: This is an article from...
TORONTO — At a special shareholders’ meeting of Freshii, holders of Class A subordinate voting shares and Class B multiple voting shares in the capital of Freshii voted overwhelmingly in
The post Freshii Shareholders Approve Arrangement with Foodtastic appeared first on Foodservice and Hospitality Magazine.
Pricing is one of the most important factors any hotelier must consider when looking for ways to improve revenue.
NB: This is an article from Lybra, one of our Expert Partners
If a hotel doesn’t want to lose out to competitors, it must grow its reach and sustain its clientele. In order...
When it comes to revenue management, using a data-driven strategy can have a huge impact on the level of success you achieve.
NB: This is an article from BEONx, one of our Expert Partners
Creating an optimised tech stack that provides you with valuable insights and access to the right AI tools for analysing this data can...
Last week, in “Hotel Marketing in a Down Economy,” we shared some important hotel booking pattern signals, what history has taught us about navigating a challenging economy, and how properties can come out stronger on the other side.
NB: This is an article from gcommerce
This week, let’s dig into the...
