Everything you wanted to know about buying and selling hotels.
Explore key insights into hotel profitability and revenue strategies. Learn about typical profit margins, the importance of technology, effective loyalty programs, and managing online reputation. Discover how Emersion Wellness can boost your hotel's sales with innovative revenue-generating strategies tailored to your property.
Discover the essential steps to define and leverage your hotel's Unique Selling Proposition (USP) for effective marketing. This comprehensive guide explores how to identify key factors such as location, facilities, activities, staff excellence, and exclusivity to create a distinct identity that attracts your target audience. Learn how to showcase your hotel's USP through optimized text, captivating images, and cohesive design themes to maximize online visibility and guest engagement.
Discover the strategic power of hotel benchmarking to elevate your property's competitiveness and profitability. By focusing on key metrics and market trends, hoteliers can gain invaluable insights to refine strategies and drive continuous improvement. Learn how to harness benchmarking effectively to optimize performance and enhance guest experiences in a dynamic hospitality landscape.
Morgan Stanley's analysis reveals a shift in the hotel industry post-pandemic, with economy and midscale segments declining while urban and upscale segments gain traction. Despite a Q1 slowdown, management expects improved RevPAR moving forward. The firm favors C-corporations like Marriott International and Hilton over REITs in the current market environment.
Explore the latest trends shaping hospitality in 2024 and discover how digital messaging is revolutionizing guest experiences, from personalized service to contactless communication and sustainability initiatives.
Explore the world's leading hotel groups in 2024, where giants like Marriott International, Hilton Worldwide, and Intercontinental Hotels Group dominate the hospitality landscape. With extensive portfolios spanning luxury to economy segments and global footprints that encompass thousands of properties, these industry leaders continue to redefine hospitality standards and cater to diverse traveler preferences. Discover iconic brands like Ritz-Carlton, Waldorf Astoria, and Holiday Inn that embody excellence and innovation in the evolving hospitality industry.
A recent report highlights the return of travel patterns post-pandemic and the performance of top hotel brands globally. Hilton emerges as the most valuable hotel brand, valued at US$11.7 billion, while the industry shows a slow recovery with over half of the top 50 hotel brands below pre-pandemic values. Le Méridien joins the top 50 as the fastest-growing brand, and Conrad achieves the world's strongest brand status. Additionally, Hilton leads in Sustainability Perceptions Value (SPV), showcasing the importance of sustainability...
Explore the top hotel chains globally, ranked by the number of locations they operate. From Jin Jiang International with 11,959 hotels to Wyndham Hotels & Resorts with 9,280, discover the giants shaping the hospitality landscape worldwide. See which hotel groups dominate in terms of sheer presence and global reach.
Chain hotels provide travelers with consistent quality and predictable experiences under familiar brands. From full-service luxury resorts like JW Marriott to budget-friendly options like Holiday Inn Express, each chain category caters to specific traveler preferences. Despite the benefits of industry consolidation, such as cost efficiencies and robust loyalty programs, challenges like reduced competition and standardized experiences highlight the evolving dynamics within the hospitality sector.
Discover which hotel chains shine and which ones fall short in our comprehensive assessment based on user ratings, popularity, availability, revenue, and luxury offerings.
Hotel brands have evolved to rely heavily on franchising and management agreements, allowing for rapid expansion without direct ownership. Major players like Marriott and Hilton leverage these models to extend their global reach and ensure consistent guest experiences.
Hotels could transform guest experiences by adding basic kitchens, reducing guest frustrations and potentially challenging Airbnb. While concerns over F&B revenue and TRevPAR exist, successful coexistence of on-site restaurants and in-room kitchens showcases a promising model for innovation in hospitality.
In today's competitive hospitality industry, guest reviews play a pivotal role in booking decisions. With around 80% of travelers relying on reviews to choose accommodations and more than half avoiding venues without any feedback, it's crucial to engage guests effectively.
Arriving at a hotel late with limited snack options can be underwhelming. Instead of settling for typical fare, hotels can embrace Gen Z's influence by transforming their lobbies into showcases of local culture and contemporary tastes. Imagine late-night munchies that reflect the destination's flair, making your stay as memorable as the snacks you enjoy.
Discover why hotel chains like Marriott boast multiple brands such as Aloft, Westin, and St. Regis. Unveil the strategic Asset Light Business Model that underpins their success, allowing them to focus on brand management and rapid expansion without the burdens of property ownership.
Dynamic pricing strategies empower hoteliers to adapt room rates in real-time, maximizing revenue potential based on market demand and occupancy levels. With automated systems streamlining rate adjustments, hotels can remain competitive and enhance guest satisfaction, while saving time and effort for revenue managers.
Elevate your venue's appeal and guest experience by prioritizing fresh carpets. Neglecting this crucial aspect not only diminishes your establishment's image but also impacts your bottom line. Invest in quality flooring to ensure a lasting impression and maximize your ROI.
Discover the ingenious dining experience at the Brewery Gulch Inn & Spa in Mendocino, where the innovative ‘Mendo Box’ brings a taste of Japan's bento tradition to California's rugged coast.
