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10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
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TOP NEWS

1764 posts

[[ 18 ]]

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  • 1 min

The short-term rental sector faces a new reality

  • Automatic
  • 23 April 2025
🏡 On Apr 23, 2025, the short-term rental sector (STR) faces a market plateau, with approximately 25% of U.S. leisure travelers using STRs consistently since 2020. Reputation issues from inconsistent experiences and negative media, particularly with under-35 travelers, have made it difficult to maintain loyalty as most STR users also stay in hotels. The sector must adapt by prioritizing transparency, consistency, and enhanced standards akin to hotels to remain competitive.
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  • 2 min

Bridging the sustainability gap in travel

  • Automatic
  • 23 April 2025
🌳 On April 23, 2025, industry leaders like Radisson Hotel Group, Accor, and NH Hotel Group, informed by Phocuswright research, address the sustainability behavior gap in hospitality. Despite a preference for sustainability, only 5–13% avoid non-sustainable destinations. Radisson incentivizes light housekeeping with charity donations, NH Hotels offers drink vouchers or tree-planting for towel reuse. Empowering messages enhance guest responsibility; technology like Radisson’s Stay App assists sustainable choices. Education on sustainable travel and incentives, such as loyalty points, encourage action, with Gen Z showing higher awareness. Collaboration on standards and intuitive tools is essential for the industry to lead in transforming intentions into action.
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  • 1 min

Virtuoso: Luxury travel sales ‘stronger than ever’

  • Automatic
  • 23 April 2025
❄ On April 16, 2025, at Virtuoso’s event in Toronto, a travel trend panel highlighted the rise of "Coolcations" in Europe and Asia. Influenced by "The White Lotus" TV series, destinations like Maui, Sicily, and Thailand have seen booking surges. Canadian travelers are increasingly exploring domestic locales over U.S. visits, and luxury travel is surging, with strong interest in safaris and high-end cruises. Cities like Lisbon, Tokyo, and Paris are top picks, with Portugal, Iceland, and Colombia as regional favorites. Travel insurance is now nearly universally selected due to geopolitical concerns.
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  • 5 min

Tech That’s Good for the Planet, Better for Business

  • Automatic
  • 22 April 2025
💻 BirchStreet Systems' cloud-based procurement platform aids hotels in sourcing eco-friendly products. AvidXchange has saved its customers 4,510 trees, 4 million gallons of water, 3.39 million pounds of CO2, and 222,000 pounds of solid waste through AP automation solutions. Financial tools like AvidXchange provide real-time analytics for better utility management and investment in sustainability. Epic Cleantec's OneWater™ system offers automated water reuse operations, aligning with hotels' operational efficiency and environmental goals. Matterport's digital twins reduce costs and emissions, showcasing a dual focus on efficiency and sustainability.
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  • 4 min

Decoding the Relationship Between Hotel Rates and Guest Reviews

  • Anders Johansson
  • 22 April 2025
💸 Hoteliers juggle revenue maximization and customer satisfaction, with concerns that higher prices may lead to negative reviews. Rates impact Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR), while reviews influence reputation and booking decisions. The connection between rates and reviews is obscured by data challenges like anonymous feedback on platforms like TripAdvisor and limitations of surveys with low response rates. Known guest reviews from OTAs are verified but hard to link to specific rates for bulk analysis. Small sample sizes from reviews also present a bias issue, complicating rate versus review analysis. Strategies for correlating rates with reviews include analyzing internal surveys, tracking ADR and review score trends, examining OTA reviews, and assessing review sentiments during different rate periods. The "Value Equation" shows price is acceptable if matched by high-quality service and amenities. Guest perception varies by segment, room type, seasonality, and booking context. Knowing rate thresholds helps in adjusting pricing strategies, managing expectations, focusing operational resources, and tailoring marketing efforts. Continuous analysis is needed to adapt to market changes, with strategies like connecting internal survey data to rates, or tracking ADR against review scores.
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  • 3 min

Independent Hardee’s Franchisee Association Can Now Offer DailyPay

  • Automatic
  • 22 April 2025
💳 ROH, a hospitality payments management platform, completed a $9.2 million financing round led by Highgate Technology Ventures and Acrew Capital. This investment aims to expand ROH’s platform and improve data processing capabilities. The company automates over 80% of the hotel industry's $4 trillion annual payments requiring manual intervention. ROH's automation increases employee productivity and reduces errors. Select Highgate hotel properties piloted ROH, leading to the investment and commercial expansion. In 2024, ROH managed nearly $250 million in invoices, and its AI application saw a 523% increase in automatically generated bookings.
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  • 4 min

Mid-range expansion and upscale realignment…

  • Travel Weekly Group Ltd
  • 22 April 2025
🏨 Mabrian's report, ahead of Arabian Travel Market 2025 in Dubai, recommends strengthening mid-range hotels and aligning upscale/luxury accommodations with global standards in the Middle East. The study analyzes six destinations (UAE, Saudi Arabia, Egypt, Jordan, Qatar, Oman) that account for 89.6% of the region's international visitors. It presents three scenarios for hotel market development, noting Egypt's high satisfaction with competitive pricing and Qatar's premium positioning with 60% of hotels being 5-star yet priced below UAE ($291) and Saudi Arabia ($299). Qatar's next six months show an 11.4% price increase, the highest among analyzed destinations. Oman's 5-star prices are projected to decrease by 7.4%. The report suggests diversifying and improving 3- and 4-star hotels to increase arrivals and competitiveness.
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  • 4 min

Guest Post: Experience-based travel puts…

  • Travel Weekly Group Ltd
  • 22 April 2025
🏖 In 2025, 84% of travelers prioritize experiences over bargains, with 52% of Gen Z willing to spend more on experiences, as opposed to 29% of Baby Boomers. Personalization is key, with 70% preferring customizable experiences and 65% expecting booking flexibility. Independents have an edge with unique offerings like Les Cabanes de Labrousse and Schönblick Apartments' private rooftop saunas. Technological integration with AI predicts guest preferences, offering personalized itineraries and services, potentially boosting guest spend by 25% and encouraging 63% of travelers to return.
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  • 4 min

Guest Post: Experience-based travel puts…

  • Travel Weekly Group Ltd
  • 22 April 2025
🏖️ In 2025, 84% of travellers prioritise experiences over bargains, with 77% valuing personalisation over price. Independent accommodations benefit as 52% of Gen Z are willing to pay more for experiences, versus 29% of Baby Boomers. A study found 70% of guests prefer customisable bookings, and 65% seek modification flexibility. Custom add-ons can increase guest spend by 25%, and 63% are likelier to return for personalised services. AI technology assists in scaling personalisation, suggesting experiences and upgrades based on behaviour and preferences. Independent hotels can enhance guest relationships through unique, memorable offerings, using technology for personalisation and freeing staff for valuable guest interactions.
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  • 4 min

Top 5 Hospitality Trends to Watch (and Act On) in 2025

  • TrustYou Editorial Team
  • 21 April 2025
🛌 In 2025, TrustYou helps hotels with AI-powered tools for guest experiences. AI like ChatGPT plans vacations, making online reputation crucial for hotel visibility. Automated messaging and self-service tech enhance guest convenience. Feedback is essential for operational insights and personalization with AI boosts guest loyalty. 78% of travelers prefer eco-friendly lodging, with growing regulatory pressure on sustainability. TrustYou provides AI solutions for reputation, feedback, and messaging to navigate future hospitality trends.
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