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TOP NEWS

1764 posts

[[ 18 ]]

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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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  • 3 min

TV Management Platforms are Redefining Hospitality and Enhancing Profitability for Short-term Rental Owners

  • Automatic
  • 30 January 2025
🏠 U.S. short-term rental market valued at over $29 billion in 2023, expected to reach over $81 billion by 2033, with a compound annual growth rate of 11% starting from 2024. Hospitality TV management platforms are now crucial, transforming TVs into tech hubs that enhance guest experience, provide stay-related information, and offer additional ROI through promotions and branded welcome messages. North America holds the largest market share at 37% in 2023. LG's "Pro:Centric Stay" is highlighted as a key player in the market.
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  • 1 min

African Winners of the GuestRevu GREAT Awards 2024 Announced

  • Sarah Came
  • 29 January 2025
🏠 The 2024 GuestRevu GREAT Awards were announced at the Grand Daddy Hotel in Cape Town. The event recognized top hotels in Africa based on over 70,000 reviews from platforms like Google (24.5%), Tripadvisor (13.8%), and Booking.com (61.7%), with participating properties from 55 countries. Winners included Ocean Vista Boutique Guest House (
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  • 7 min

Combatting turnover: How hotels can improve retention in 2025

  • Lana Cook
  • 29 January 2025
🛏 Cloudbeds' 2025 PMS User Experience report reveals a 40.5% average churn rate in the hospitality industry, with Canada at 28% and the US at 50%. From January to April 2024, Schmidt & Clark noted nearly 3 million people left leisure and hospitality roles, a 204% increase over the national average. High turnover rates are attributed to labor shortages, job demands, seasonality, lack of growth opportunities, and insufficient training. For instance, 38% of employees cited their experience with property management systems (PMS) as a factor in leaving their job. The Society for Human Resource Management indicates that the average cost to hire an employee is nearly $4,700, which can escalate to three to four times that amount depending on the position. The article suggests investing in training, fostering a positive culture, and offering competitive compensation to mitigate turnover. Cloudbeds' PMS is highlighted for reducing training time by 50%, saving 80% on manual processes, and streamlining staff management.
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  • 3 min

C-Level Execs Express Optimism During ALIS Despite Economic Headwinds

  • Dennis Nessler
  • 29 January 2025
🏖️ C-level executives at the Americas Lodging Investment Summit (ALIS) in Los Angeles expressed optimism for the travel industry in interviews and panels, anticipating strong travel demand. Marriott International CEO Anthony Capuano highlighted sustained interest in travel and experiences across demographics. U.S. Travel Association CEO Geoff Freeman emphasized the industry must address obstacles due to high demand. AHLA President Rosanna Maietta highlighted the ease of travel and booking, while IHG CEO Jolyon Bulley cited strong airline indicators for future confidence. A recent Jones Lang LaSalle report suggests deal volume could increase by 15 to 25 percent this year, with expectations for a rise in transactions. CEOs, including Wyndham's Geoff Ballotti and Hilton's Chris Nassetta, anticipate an active transactions market. Capuano identified the availability of construction debt and labor market concerns as industry challenges for 2025.
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Edinburgh: Balancing culture and business to drive tourism success

  • k.fytaki
  • 29 January 2025
🏖️ Edinburgh, a key player in Scotland's tourism and hospitality, draws millions of visitors yearly, blending historical allure with event hosting capabilities. In 2023, the city saw 4.98 million overnight stays from domestic and international visitors, bolstering Scotland's economy with significant tourism spending.
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  • 2 min

CoStar, TE Slightly Adjust Growth Projections in First U.S. Hotel Forecast of 2025

  • LODGING Staff
  • 29 January 2025
📈 At the Americas Lodging Investment Summit (ALIS), CoStar and Tourism Economics slightly adjusted the U.S. hotel forecast for 2025, maintaining the average daily rate (ADR) growth at +1.6% and revenue per available room (RevPAR) at +1.8%. Occupancy projections increased slightly to 63.1%. Economic factors such as low unemployment, reduced inflation, consumer spending, and solid business investment create a favorable travel environment, despite potential risks from Trump Administration policies. Forecasted stabilized labor costs and slight TRevPAR growth may improve profit margins, with F&B departments expected to see high growth rates.
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  • 3 min

JLL Outlook Projects Increase in Global Hotel Investment Volume

  • LODGING Staff
  • 29 January 2025
📈 JLL's forecast shows a 15-25% rise in global hotel investment volume in 2025 compared to 2024. In 2024, global hotel investment volume was $57.3 billion, up 7% from 2023 but 17% below historical levels. Global hotel demand hit 4.8 billion room nights through November, with RevPAR growth at 4%. Private equity was the top hotel buyer, with increased activity from high-net-worth individuals, REITs, and newcomers. The luxury and select-service sectors are likely to be favored in 2025. Key future trends include a focus on lifestyle hotels, the growth of branded residences, emerging markets like India and Saudi Arabia, and the strategic use of AI in hotel operations.
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  • 1 min

IDeaS and Benchmarking Alliance announces…

  • Travel Weekly Group Ltd
  • 29 January 2025
📌 Hospitality SAS company IDeaS has formed a technology integration partnership with Benchmarking Alliance, specializing in competitive benchmark data for the hospitality industry. This collaboration will offer daily data reports from over 2,000 Nordic hotels, enhancing market intelligence and revenue strategy decision-making for hoteliers. The partnership enables immediate market trend response, aiming to drive revenue and profit for customers in the Nordic and Baltic regions.
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AiDEN Automotive Teams Up with Mavi to Make In-Car Ordering a Reality

  • Automatic
  • 28 January 2025
🌱 HotelREZ, a hotel representation company, partners with Greengage for ECOsmart certification, aiding properties to showcase sustainable practices. ECOsmart, an international certification, offers Bronze to Platinum levels based on criteria like carbon footprint. It's integrated into HotelREZ's platforms and supports transparency for eco-conscious travelers. The partnership aims to make sustainable hospitality accessible across UK and Europe, aligning with the industry’s environmental revolution and demand for sustainable travel options.
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