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1676 posts

[[ 18 ]]

Hotel CEOs look to ‘certainty’ for business travel growth

  • Automatic
  • 3 February 2025
🏨 At the Americas Lodging and Investment Summit on Feb 3, 2025, analysts predicted moderate growth for the hotel industry. Ryan Meliker expects modest corporate travel growth due to declining profits and a slower stock market. STR forecasts a 1.6% rise in U.S. average daily rates and a 1.8% increase in RevPAR, with luxury hotels driving growth. Kalibri Labs projects a 1-3% RevPAR growth but cautions about hotel expenses rising 5-10%. Hilton and Wyndham CEOs are hopeful for improved business travel under Trump's administration, while Marriott's CEO warns of potential travel disruptions. Group travel is set to grow 5% in 2025, with luxury hotels stable, midscale hotels challenged by supply, and economy hotels benefiting from high demand.
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  • 25 min

Impact Hospitality: How Hotels Can Build Community & Drive Change – Donte Johnson & Jason Bass

  • Josiah Mackenzie
  • 1 February 2025
🏨 - **Who:** Donte Johnson and Jason Bass, previously from Hotel Revival in Baltimore, now at Thompson Atlanta Buckhead. - **What:** Developed a concept called "impact hospitality" and produced a textbook on the subject. - **Where:** Baltimore and Atlanta. - **When:** Events mentioned occurred in late 2019; the timeframe of the interview is not specified. - **How:** By creating events and leveraging community engagement, they transitioned their hotel into a community hub and sparked industry interest. - **Key Facts:** - Donte was impressed by Jason's event management skills and creativity. - In October 2019, they collaborated on a successful event. - By December 2019, Jason proposed an innovative mobile beverage experience. - Their unique approach to hospitality was highlighted at an annual meeting, leading to Jason's involvement in consulting. - The duo emphasizes building community alongside business for better outcomes. - Their transition from Baltimore to Atlanta maintained their momentum. - In Atlanta, they formed an advisory board of community leaders to ensure their hotel initiatives align with local needs. Summary: Donte Johnson and Jason Bass, known for their unique approach to hospitality through community engagement at Hotel Revival in Baltimore, have taken their expertise to Thompson Atlanta Buckhead. They've produced a textbook on "impact hospitality," a concept that integrates hotels into their communities for mutual benefit. Their success began with events in 2019 and has since evolved into
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  • 3 min

iSeatz Report: 62% of Consumers Say Travel Loyalty Programs’ User Experience Makes Booking Travel ‘Unnecessarily Difficult’

  • Tony Loeb
  • 31 January 2025
🏆 iSeatz released its annual U.S. travel loyalty report analyzing behavior, program design, and tech adoption data from 256 decision-makers and 4,341 consumers. Findings show 55% of U.S. consumers are in travel rewards programs, a majority for the first time. Brands now use customer lifetime value (47%) and net promoter score (43%) to measure success. Savings remain the top priority for 44% of consumers, yet 62% find booking experiences frustrating. Only 29% of brands are enhancing user experience, revealing a disconnect. AI use is reported by 47% of consumers, with 45% of brands seeing AI integration as a challenge. Personalization is key, with high demand among luxury members (84%) and households with children (76%). 📥 Download the full 2025 report for more insights.
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  • 3 min

Discover the special edition dedicated to the Hospitality Awards

  • l.guillotindecorson1
  • 31 January 2025
🏥 The 24th Hospitality Awards, organized by Hospitality ON, celebrated industry innovation and excellence. Puneet Chhatwal of Indian Hotels Company presented awards across 20+ categories. B&B HOTELS ACADEMY won for talent management, Sunlife Marine Conservation for environmental protection, and Land & Life Foundation for social responsibility. Accor's The Wave x Paris 2024 and La Glace x Paris 2024 took marketing honors, while the Best Innovative Guest Experience went to Anantara Luxury Rail Journey. Local awards included Best F&B Experience Innovation by Spice Spoons (Anantara, MINOR) and Best Health & Wellness Experience by Thalazur – Epigenetic Experience. More details are available on the Awards platform, showcasing innovative ideas and strategies in the hospitality sector.
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  • 6 min

Why Are Hotel Property Management Companies Struggling?

  • Vikram Singh
  • 30 January 2025
🏨 Hotel Property Management Groups (PMGs) are struggling to keep up with modern traveler preferences, economic pressures, and commercial optimization challenges. PMGs are underperforming in guest service/experience and owner revenue/profits. Factors include the demand for personalized and digital experiences, unique stays, global economic fluctuations, rising operational costs, and intense competition from alternative accommodations. Successful PMGs must integrate technology, offer unique experiences, and have a strong commercial strategy. Net Operating Income (NOI) is the critical metric for hotel real estate profitability, yet PMGs are often found lacking in this area. Owners and investors are seeking better management options that can adapt to evolving guest expectations and maintain asset profitability.
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  • 2 min

Dominique Crenn to be inducted into the MenuMasters Hall of Fame

  • Tony Loeb
  • 30 January 2025
🍴 Dominique Crenn to be inducted into MenuMasters Hall of Fame in May 2025, alongside past inductees like Thomas Keller and Wolfgang Puck. The ceremony, sponsored by Ventura Foods and presented by Nation's Restaurant News, will take place at Morgan MFG, Chicago, on May 17, 2025. Crenn, the first female chef in the U.S. to earn three Michelin stars (2018), owns Atelier Crenn, opened in San Francisco in 2011, and the Michelin-starred Bar Crenn. In 2024, she was listed in Time's "100 Most Influential People in the World." Atelier Crenn became the first U.S. restaurant to serve cultivated chicken in 2023.
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  • 6 min

Iberostar Hotels & Resorts: Strategic growth and sustainability in hospitality

  • e.tulliez1
  • 30 January 2025
🏡 Iberostar Hotels & Resorts, led by Chief Commercial Officer Finn Ackermann, expands with new openings in Aruba and Tunisia and targets Asia and Africa for future growth. The hospitality brand opened in Aruba before Christmas and plans two more hotels there. In Miami, two hotels launched under the Waves segment mark a return to the U.S. after a two-year hiatus. The Europe expansion includes the Iberostar Selection Es Trenc in Mallorca with 145 rooms. Growth in Tunisia results in eight hotels, up from five three years ago. Ackermann highlights selective expansion without pressure for numerical growth. Iberostar's sustainability efforts include eliminating single-use plastics, reducing waste to landfill by 56% in 2023, responsibly sourcing 90% of seafood globally, and setting a carbon neutrality target for 2030. The brand also focuses on employee well-being, filling 24.4% of job vacancies internally in 2023, and training over 200 young professionals by the end of 2024. Revenue in the last year reached €2,180 million, an 8% increase, with plans to invest €210 million in new hotels and asset transformation by 2025.
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  • 5 min

93 – LLMs, Deepseek, OpenAI and commodities

  • Martin Soler
  • 30 January 2025
💻 IKEA launched a new loyalty program, acknowledging its late entry into the trend with a humorous ad campaign. Barry Sternlicht is revitalizing Starwood under SH Hotels & Resorts, aiming to innovate with 14 hotels and expansion plans. Google's hotel metasearch redesign focuses on visual elements, with larger images and maps to enhance user experience. LLMs (large language models) in AI are becoming a commodity, soon to be integrated into various digital platforms, rendering provider debates irrelevant. Users will expect AI-driven interactions, with the focus shifting to the quality of integration and context understanding rather than the AI brand.
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Tourism 2025: What will tomorrow’s travel look like?

  • l.guillotindecorson1
  • 30 January 2025
🏖 Global tourism in 2024 saw 1.4 billion international arrivals, generating $1.6 trillion in revenue, surpassing pre-pandemic levels. The year marked an 11% increase in arrivals from 2023, with the Asia-Pacific region witnessing a 33% surge. The industry faces the challenge of balancing traveler demands with environmental concerns and emerging technologies.
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  • 4 min

Unleash Your Full Potential: 3 Key Benefits of Becoming Data-Driven

  • Anders Johansson
  • 30 January 2025
💾 Data-driven hotel operations lead to less manual work, deeper insights for targeting profitable guests, and enhanced guest satisfaction. Automation of data processing allows hotel staff to focus on strategic, revenue-generating tasks through centralized data sharing. Advanced analytics help identify lucrative micro-segments and tailor marketing to increase revenue. Robust data analysis results in personalized services, higher satisfaction, and the ability to charge premium rates. A strong business intelligence (BI) tool centralizes data and automates analysis, guiding better decision-making and competitive differentiation. Key takeaways include automation to liberate staff, leveraging guest insights, enhancing guest satisfaction, and investing in the right BI platform.
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