TOP NEWS

🏠 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.

🏠 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 (

🛏 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.

🏨 Partnering with revenue management experts can optimize hotel pricing strategies, increase direct bookings, and reduce OTA dependency, providing high-impact results and immediate ROI. Outsourcing is cost-effective, offering flexibility and reduced overhead costs, while avoiding mistakes like underpricing during peak periods or slow response to market changes. Experts use advanced tools for forecasting and strategy adjustment. RevOptimum, with 30 years of experience, offers dedicated teams and innovative solutions for sustainable revenue growth in hospitality.

🏨 Paul Russel, General Manager at the Norton Park Hotel, emphasizes sustainability and modernization in his leadership. The hotel, located between Winchester and Basingstoke, features a refurbished 300-year-old Manor House with 13 bedrooms, a full-service hotel, spa, leisure facilities, large conference rooms, and a Tithe Barn. Facing rising costs, Norton Park implemented energy-efficient systems and smarter BMS solutions. Shorter lead times for event bookings have prompted more agility in service. Refurbishments have increased operational capacity and guest accommodation, especially during peak times. Diversification in offerings ensures resilience against market fluctuations. In 2025, Norton Park aims to focus on team well-being, recruitment, and facility upgrades to enhance guest experiences. The hotel caters to a variety of needs, including weddings, corporate events, park-and-sail packages, and regional attractions.

🏠 Sparcstudio, a spa and wellness design studio with over 15 years of experience, forecasts 2025 trends, focusing on sustainability, longevity, privacy, social wellness, gym floor wellness experiences, and the use of color. Beverley Bayes, Creative Director, emphasizes the importance of durable, local materials, future-proofing facilities, and designing spaces for both social interaction and privacy, such as the spa garden Cabanas at Pennyhill Park and private lodges at South Lodge. The integration of fitness and spa is highlighted through stretch pods, like the Proverb pod at The Grain Store. Pantone's Color of the Year 2025, 'Mocha Mousse,' aligns with the natural and comforting spa environments Sparcstudio creates.

🏨 According to STR, 70% of US hotel rooms belong to brands or chains. Deflagging, a growing trend, allows hotels to escape royalty fees of 4-6% of gross revenue, gaining financial and operational autonomy. Independent hotels leverage local experiences, which is important as 52% of Gen Z travelers prioritize unique experiences. Deflagging can lead to reclaimed revenue, such as saving $100,000 a year on a $2 million revenue with a 5% fee, and higher profit margins by eliminating franchise fees, flexible revenue management, and creating new revenue streams. Successful deflagging involves cost-benefit analysis, technology investments, direct booking strategies, brand identity redefinition, and robust marketing efforts.

🏠 Michiel Bakker, President and CEO of the Culinary Institute of America, shared his hospitality industry journey on Jan. 27, 2025. He discussed pivotal career moments and lessons learned, with support from the technology provider Shiji Group, known for streamlining hotel operations and enhancing guest experiences. The episode featured music by Clay Bassford of Bespoke Sound, specializing in Music Identity Design for Hospitality Brands.

📊 Starbucks shifted focus from average transaction value to customer loyalty, engagement, and lifetime value metrics. Their rewards program accounts for 40% of US sales, with members spending 2-3 times more than non-members. The article stresses the importance of general managers in hospitality tracking metrics like space utilization, daily guest spend, guest lifetime value (LTV), guest acquisition cost (GAC), net promoter score (NPS), sustainability, average length of stay (ALOS), user disengagement, staff turnover rate and cost, and employee net promoter score (eNPS) for competitive success and long-term growth.