How to Drive Revenue for your Hotel with Group Sales
With hotels being decimated by COVID-19, hoteliers are looking for any strategies to help them increase revenue. One of the areas that many hotels are focusing on is group sales. Although this may not have been a big push for you before 2020, now could be the perfect time to actively build this side of […]
How the “Internet of Things” can help hotels bounce back from COVID-19
The world has changed, and if hotels want to bounce back from the pandemic, they will have to change with it. The old status quo is a thing of the past; replaced with a “new normal” of mask-wearing, social distancing and more. Thankfully, we live in a highly digital age where technology can help hotels […]
Which Amenities Do Hotel Guests Want (And Use) Most?
As a hotel owner, your main concern is to fill as many rooms as possible as consistently as possible. It’s common knowledge that prospective guests place price, location and solid reviews high on their list of determining factors, amenities are the thing that can really set a property apart. The amenities you offer are one […]
Coronavirus Will Leave Its Mark on the US Tourism Industry
If you think the coronavirus won’t have a significant impact on US tourism, think again. As of the writing of this article, there are 71,000+ worldwide cases of coronavirus (known as 2019-nCoV) and more than 1,800 deaths. The CDC has issued a Warning Level 3 China Travel Notice; recommending the travelers avoid all nonessential travel […]
U.S. Hotel Profits Hit Record High in 2018, Even as Labor Costs Rose
While expenses for hotel businesses continue to rise, 2018 turned in stronger profits than expected. That bodes well for the future of hotel owners and investors. Uptrend Profit Growth Maintaining profitability will prove to be a challenge for hotels as flattening occupancy levels and low unemployment will likely get in the way of achieving gains. […]