Decoding Hotel Room Pricing: Factors and Strategies
Understanding how hotels price their rooms involves unraveling a complex web of demand, supply, and strategic considerations.
Trends in Hotel Rates: Marriott and Hilton’s Pricing Strategies
The hospitality industry is witnessing a notable shift as major players like Marriott, Hilton, IHG, and Hyatt launch new brands targeting budget-conscious travelers.
Crafting a Winning Hotel Advertising Campaign: Insights and Strategies
The importance of understanding travel trends and utilizing tailored advertising solutions to craft effective campaigns in the hospitality industry.
Insights into Hotel Booking Trends: Understanding Lead Times and Length of Stays in the US
The average booking window, or lead time, for hotel bookings in the US is about 25 days, according to Kalibri Labs. The average length of stay is 1.8 nights
Navigating Loyalty Programs: Millennial Preferences vs. Older Travelers’ Choices
A comprehensive study conducted by PricewaterhouseCoopers (PwC) has shed light on a fascinating trend: the divergent preferences of different age groups when it comes to redeeming loyalty points
The Power of Peer Reviews: How Guest Feedback Shapes Travel Choices and Pricing Strategies
An illuminating study conducted by Expedia sheds light on a compelling trend: the increasing influence of guest reviews on travelers' decision-making processes.
Understanding the Varied Landscape of Hotel Utility Costs
10% decrease in energy = $1.35 increase per room Reducing energy use by 10% has the same bottom line impact as boosting the average room rate by $1.35 in full-service hotels
Targeting the Right Guests: Key Demographics for Hotel Marketing Success
By understanding the preferences and needs of different guest demographics, hotels can tailor their marketing strategies to effectively reach and attract their target audience
Combatting Real Estate Fraud: Safeguarding Integrity in Transactions and Protecting Future Generations
It is likely that similar fraudulent activities are occurring in various jurisdictions globally, and it is incumbent upon stakeholders to remain vigilant and informed about such deceptive practices.
The Single-Use and Takeaway Items Bylaw was implemented on March 1, 2024
Toronto City Council has officially approved the implementation of a bylaw called the Single-Use and Takeaway Items bylaw, which went into effect on March 1, 2024.
The Most Commonly Stolen Item in Hotels
Due to their small size, ease of concealment, and perceived value, these items are often taken by guests as souvenirs or simply because they are forgotten in luggage.
A Simple Rule of Thumb for Hotel Marketing
The amount that hotels should spend on marketing can vary depending on factors such as the size of the hotel, its location, target market, competition, and overall marketing goals.
Happy Housekeepers = Happy Guests
Ensuring that housekeepers are happier and more effective in hotels is crucial for maintaining guest satisfaction and the overall success of the establishment.
Making a Hotel Pool Attractive for Guests 101: A Step-by-Step Guide
Hotel owners can can create a hotel pool that is attractive, enjoyable, and memorable for guests, enhancing their overall stay experience and encouraging repeat visits.
Hiring Hotel Employees 101: A Step-by-Step Guide
Purchasing a hotel is a significant investment and requires careful consideration and planning.
Hotel Purchase 101: A Step-by-Step Guide
Purchasing a hotel is a significant investment and requires careful consideration and planning.
Toronto’s Hotel Community Mourns the Passing of Nick Vesley
Some facts that offer a glimpse into the diverse and fascinating world of the hotel industry, showcasing its quirks, history, and unique offerings.
Cushman & Wakefield Unveils 2023/24 Canadian Lodging Insights
Looking ahead, the outlook for growth remains positive, notwithstanding a tempered economic forecast and elevated interest rates.
Waiver to Eat Cheeseburger at a Toronto Hotel Restaurant
A recent incident at a Toronto Airport Hotel and Suites gained attention when a U.S. customer ordered a cheeseburger cooked medium and was asked to sign a waiver.
In the early months of 2024, a significant majority, specifically 74%, of global hotel markets witnessed an increase in Revenue per Available Room (RevPAR).
As of February 10, 2024, the latest global update reveals that 74% of hotel markets worldwide experienced an increase in revenue per available room (RevPAR) compared to the same period in 2023.