3 Easy-to-Manage Guest Services That Can Boost Revenue
Jos Schapp | July 26, 2021
By Jos Schaap Hotels have lost several months of revenue; the rebound is slower than initially expected and increasing the average daily rate (ADR) is a common challenge. So, there is heightened awareness in our industry on just how important it is to make the most of every booking. At ROOMDEX, we’ve been talking a lot about the revenue lift from automated room upgrade sales. But we don’t want you to leave any money on the table, so today we look at 3 guest services that can be offered and booked through automation and which will help support your revenue recovery efforts. Everyday guest services that can boost revenue Pandemic o...
STR: U.K. Leading Europe in Hotel Occupancy Recovery
STR | July 26, 2021
LONDON — July 26, 2021 — The U.K. continues to lead Europe in hotel occupancy with four straight weeks above 60% in the metric, according to STR data through 18 July. “Demand is almost exclusively leisure-driven as the U.K. has benefitted from a successful vaccination program, a phased reopening and improved travel sentiment overall,” said Thomas Emanuel, STR’s Director. “Other countries are showing improvement in recent weeks for those very same reasons, but this is still far from a normal summer in Europe.’ The U.K.’s highest weekly occupancy level (63.5%) came during 12-18 July, but that was still significantly lower...
Dynamic City Capital Acquires AC Hotel by Marriott® Seattle Bellevue/Downtown
Dynamic City Capital | July 26, 2021
PROVO, Utah - July 26, 2021 - Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on acquiring and developing premium-branded hotels, today announced the acquisition of the AC Hotel by Marriott® Seattle Bellevue/Downtown (AC Hotel Seattle Bellevue). The seven-story, 234-room hotel in the heart of Bellevue is within short walking distance to the Meydenbauer Center, Bellevue Plaza, Bellevue City Hall, and Lincoln Square North. With easy access to Seattle and countless nearby businesses, restaurants, and shops, the location caters to the business, government, or tourism traveler. "We are excited to enter the Pac...
COVID-19’s Impact on the Raleigh Hotel Market
Janet Snyder | July 26, 2021
By Janet Snyder Prior to the onset of the COVID-19 pandemic, Raleigh was growing rapidly given its high quality of life and status as the state capital of North Carolina. The city has attracted large national and multinational corporations, such as Duke Energy, Citrix, Red Hat, Amazon, IBM, Accenture, and PNC. Downtown Raleigh experienced tremendous growth in recent years, with approximately $1.3 billion in developments from 2015 to 2020. The area has also historically been known for its major academic and healthcare institutions, including Duke University, the University of North Carolina at Chapel Hill, North Carolina State Uni...
Chris Saputo Appointed General Manager for Hotel Drover, Autograph Collection
Hotel Drover | July 26, 2021
FORT WORTH, Texas - July 26, 2021 - Hotel Drover, an Autograph Collection hotel, is pleased to announce the appointment of Chris Saputo to the role of general manager at the 200-room rustic-luxe hotel, which opened in March 2021. Representing a forward-thinking approach, General Manager Chris Saputo brings close to two decades of experience to the newly opened Hotel Drover, an Autograph Collection Hotel by Marriott. His well-versed background and rich expertise includes project development, employee engagement, company culture, management of profitable operations, and innovative strategy. As the general manager of Hotel Drover, Saputo over...
Knowland Executives Return to the Road, Facilitating Industry Discussions at Key Events
KNOWLAND | July 26, 2021
As the industry re-opens, Knowland leaders gear up to provide unique insights and information at events around the country ARLINGTON, Va. — July 26, 2021 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today its participation in several key conferences and events as the industry returns to in-person meetings in the fall season. Throughout the pandemic, Knowland has remained vigilant in providing up-to-date, actionable meeting and event data to the hotel industry. Now its company executives return to the road to share insights and work with industry leaders to f...
Hospitality Financial Leadership: GOPPAR Characteristics
David Lund | July 26, 2021
By David Lund If you only use RevPAR index, then you are missing the bulk of the story From time immemorial, revenue per available room, or RevPAR, has been the go-to key performance indicator in the hotel industry. A simple calculation of average daily rate and occupancy rate, it is often thought of as the barometer of health for a hotel by those who work in the industry and those who make a living analyzing it. Right or wrong, it has obtained monolithic stature. Is it time for it to be shattered? Most scholarly studies note limitations in the research. These are weaknesses within a research design that may influence outc...
Los Angeles – the Second-Largest Hotel Construction Pipeline Market in the United States
Lodging Econometrics | July 26, 2021
PORTSMOUTH, NH – July 26, 2021 – In the most recent Lodging Econometrics (LE) Market Trend Report, the Los Angeles market has a total of 135 projects/22,586 rooms in the construction pipeline, the second-largest market pipeline in the U.S. behind New York City, which has 146 rooms/25,232 rooms. In Los Angeles, 34 projects/5,771 rooms are currently under construction, projects scheduled to start construction in the next 12 months are at 42 projects/6,359 rooms, and those in early planning are at 59 projects/10,456 rooms. Los Angeles should continue its fast-paced growth. For the first half of the year, it ranked fifth of all markets for...
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Today's News
3 Easy-to-Manage Guest Services That Can Boost Revenue
STR: U.K. Leading Europe in Hotel Occupancy Recovery
Dynamic City Capital Acquires AC Hotel by Marriott® Seattle Bellevue/Downtown
COVID-19’s Impact on the Raleigh Hotel Market
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