U.S. October hotel rates, occupancy rise
U.S. hotels saw year-over-year increases in average daily rates, occupancy, and revenue per available room in October, according to STR Nov 26, 2024 ADR in October rose 1.8 percent year…
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Revenue Management
307 posts
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The future of hospitality revenue management
Deeper integration of AI technologies will transform revenue management, providing unprecedented capabilities for data analysis and real-time decision making Nov 26, 2024 Hospitality revenue managers are navigating a complex and…
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New on the menu: Artichoke carpaccio and PB&J jello
This article was written by Restaurant Hospitality. Click here to read the original article Senior Food & Beverage Editor Bret Thorn is senior food & beverage editor for Nation’s Restaurant…
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New York City landmark Gotham Restaurant closes for good
This article was written by Restaurant Hospitality. Click here to read the original article Gotham Restaurant, a culinary landmark in New York City, has closed its doors for good. The restaurant’s…
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CoStar: Holiday Calendar Shift Impacts Weekly U.S. Hotel Industry Performance
This article was written by Lodging Magazine. Click here to read the original article WASHINGTON—Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons,…
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Why Mews acquired Atomize, by Richard Valtr
Why revenue management? Revenue management is without doubt one of the most exciting areas in hospitality. It’s also one that’s advancing fast, with the smartest companies already weaving automation and…
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This Week’s Comings & Goings
This article was written by Lodging Magazine. Click here to read the original article Kessler hired John Luckett as president of hospitality operations. Formerly Kessler’s chief operating officer, Luckett is…
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Inflation has cooled for both quick-service and full-service restaurants, study finds
This article was written by Restaurant Hospitality. Click here to read the original article Although restaurants across all categories have struggled with labor and supply-chain costs since the pandemic, restaurant-related…
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Menu prices stabilized at a more moderate pace in October
This article was written by Restaurant Hospitality. Click here to read the original article The Consumer Price Index in October rose 0.2% and is now 2.6% higher year-over-year, largely in…
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On rate: HOTELS Magazine’s top 5 revenue management companies
One of the hotel industry’s greatest strengths is its ability to shift pricing on a dime. Unlike residential or office leases, which are typically fixed and long-term, hotels can change…
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