Posts by author

katherinedoggrell

531 posts
View Post
  • 1 min

Food and Drink Prices in Hospitality Sector Decrease by 1.4% in March, Reports NIQ and Prestige Purchasing

🍽 In March, the hospitality sector saw a 1.4% month-on-month decrease in food and drink prices, according to the NIQ and Prestige Purchasing Foodservice Price Index. This drop, likely short-lived, results from delayed cost transmission in UK supply chains and favorable seasonal changes for fresh vegetables. However, ongoing conflicts and energy shocks could lead to future price hikes.
View Post
Share
View Post
  • 12 min

Hotel Industry Faces 28% GM and 38% AGM Turnover, Looks to AI for Operational Support and Training Solutions

💻 Last year, Actabl reported hotel general manager turnover at 28% and assistant general manager turnover at 38%. Actabl collaborates with 90% of the top 50 hotel management companies to tackle talent challenges, emphasizing AI's role in optimizing new employee effectiveness. AI aids hotel operations by providing data-driven insights and reducing onboarding friction. Actabl's three-layer framework—data foundation, surfacing intelligence, and agentic AI—enhances hotel operations. Notably, AI Asset Setup in Actabl’s Transcendent product improves asset management, reducing setup time from days to seconds.
View Post
Share

Aimbridge Hospitality Leads US Hotel Management with 1,100 Properties Amid Rising Operational Demands in 2026.

🛌 In 2026, hotel owners are increasingly relying on management companies due to pressures like labor costs and rising guest expectations, as highlighted in AHLA’s report. Aimbridge Hospitality, the biggest player, manages around 1,100 hotels worldwide. Typical management fees are 3-5% of gross operating income. AI technology is reshaping operations, with major companies investing in AI for revenue management and labor scheduling, leading to improved profit margins. Hotel management agreements generally span 3-5 years.
View Post
Share

Hotel Hosts Using Crowdfunding Can Offer 10x Return on Pre-Sales, Backed by Visual AI Tools

📈 The writer and Rod joined Costco and upgraded to an Executive membership, earning 2% back on purchases, capped at $1,250 annually. Inspired by this, they discuss hotel crowdfunding: backers pay $50 for a $500 future stay discount. Success hinges on trust and project completion. Visuals can be created with tools like Nano Banana and Kling AI. Crowdfunded funds should support marketing, not construction. This approach, while beneficial, carries risks and potential legal issues if projects fail.
View Post
Share

Q1 Results Highlight Varied Adoption Rates of AI in Hotel Sector as Companies Weigh Technology's Impact

💻 Q1 results reveal AI adoption rates across the hotel sector. Some companies are racing ahead, integrating AI to enhance efficiency and replace tedious tasks, while others adopt more cautiously. The industry's collective focus is on whether AI will disrupt job markets or drive productivity. Different speeds of AI integration highlight varying strategic priorities and technological confidence within the sector. As hotels explore AI's potential, the balance between job replacement and efficiency gains remains in focus.
View Post
Share
View Post
  • 4 min

Hotel Owners in 2026 Demand Clarity on Financial Data to Protect Net Operating Income

💸 In 2026, hotel owners seek clarity, not more data. They focus on three metrics to protect NOI: flow-through, CPOR trends, and fixed-cost creep. Issues often stem from unnoticed contractual drifts or inflation. Effective financial reports should provide foresight, not just historical data. A Fractional Director of Finance can improve clarity in 30 days by standardizing summaries and tracking contracts. Owners want reports that highlight decisions and risks, ensuring financial data informs strategic choices.
View Post
Share
View Post
  • 1 min

London Hotels See 5% Rise in Average Daily Rates, Despite Slight Decrease in Occupancy in March

📈 London hotels' occupancy dropped from 76.3% to 74.8% in March, while the UK overall saw a rise from 73.2% to 73.6%. The average daily rate (ADR) in London rose by 5%, reaching £190.24, while the UK's ADR increased by 3% to £136.78. Revenue per available room (RevPAR) climbed in London from £138.25 to £142.37 and in the UK from £96.75 to £100.65. Data compiled by Hotstats and analyzed by RSM UK.
View Post
Share

Hotels Must Respond Within Five Minutes to Capture 90% of Business in Competitive Sales Environment

🏨 In the fast-paced world of hotel sales, speed is key. Hotels responding within five minutes capture 90% of business inquiries, while response quality halves every 5 minutes thereafter. By 2026, efficient systems—both technical and human—are crucial. Tools like omnichannel inboxes and AI improve response times, vital for maintaining customer interest. Incremental improvements, aiming for 1% better each day, help hotels stay competitive, much like the cheetah's evolution for survival on the savannah.
View Post
Share
View Post
  • 9 min

Sumaq Machu Picchu Hotel Joins SLH Considerate Collection, Emphasizes Cultural Preservation and Sustainable Practices

🏨 Sumaq Machu Picchu Hotel, founded in August 2007 by the Clavijo Begazo family, features 62 rooms and suites. Situated near Machu Picchu, the hotel emphasizes eco-conscious practices, focusing on sustainability and local culture. Sumaq supports regenerative farming and agrobiodiversity in the Andes, preserving native crops like potatoes and quinoa. It offers cultural experiences, including cooking classes and rituals. Part of the SLH Considerate Collection, Sumaq is pursuing B Corp Certification, enhancing community impact and sustainable practices.
View Post
Share

Innovative Strategies for Elevating Hospitality Events: Personalization, Unique Themes, Interactive Activities, and Sustainable Practices

🎉 Personalizing hospitality events boosts guest experience through tailored invites and gifts. Unique themes like a ‘Time Traveler’s Gala’ or ‘Pop Culture Phenomenon’ enhance engagement with decor and activities. Incorporate interactive elements such as workshops and tech innovations like augmented reality and live streaming for a modern twist. Focus on sustainability by using recyclable materials and eco-friendly practices, like digital invites. These strategies create memorable, engaging, and environmentally conscious events.
View Post
Share