Why adopting an RMS makes sense | Duetto
If you’re using spreadsheets for forecasting or annual budget planning, many of your documents most likely have an error in them. Less room for error Let’s face it: our forecasts…
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Conversion projects propel Hilton toward net-unit-growth goal
The higher cost of capital has made it tougher on new hotel development and led to lodging companies cultivating new ways of growth, chiefly through conversion projects. It’s become a…
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Hotel marketing will become more advanced in 2025
In 2025, every facet of marketing must be utilized as both guests and hotel companies have become much more sophisticated Aug 8, 2024 In today’s competitive market, hotels must strategically…
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Slowdown in U.S. consumer spending weighs on travel and leisure groups
Earnings reports this week showed more signs of belt-tightening among American households Aug 8, 2024 U.S. consumers are cutting back on travel and leisure spending amid growing concerns about the…
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Hilton: U.S. leisure travel ‘definitely softening’
Hilton raised its profit forecast for 2024, but noted that the post-pandemic travel surge was leveling off, especially among American tourists Aug 8, 2024 Hilton Worldwide on Wednesday beat second-quarter…
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Valor Hospitality Partners Assumes Operation of Hilton Garden Inn Haymarket
This article was written by Lodging Magazine. Click here to read the original article ATLANTA, Georgia—Valor Hospitality Partners continued to grow its global portfolio, assuming operation of the Hilton Garden…
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Hilton Releases Q2 2024 Results
This article was written by Lodging Magazine. Click here to read the original article Legacy Hotel Cascais, Curio Collection by Hilton | Photo Credit: @eduardo_ramos_fotos MCLEAN, Virginia—Hilton Worldwide Holdings Inc.…
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The Breakfast Club toasts ‘most successful financial year’ in almost a decade
This article was written by Restaurant Online Magazine. Click here to read the original article In its financial results for the year ended 31 March 2024 the group reported a…
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Strategies to Manage Hotel Revenue & Increase Profit
Strategies to Manage Hotel Revenue & Increase Profit Table of Contents
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IHG posts strong Q2 driven by U.S. RevPAR, conversion projects
IHG Hotels & Resorts posted a strong performance in the first half of the year, with RevPAR rising 3.2% in the second quarter, driven by the impressive performance in the…
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