Hoteliers anticipate greater pricing power in 2024 - Rate growth showed some signs of moderating at the end of 2023, but STR's latest forecast for 2024 still has rates growing by 3%.
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Google Hotels launches market comparison view - Google Business Profiles now has a featured that shows you how your hotel is priced against the competition in your area.
Jan 17, 2024 • Hospitality
How AI is changing hotel revenue management - Big data has been great for revenue management, but it also increased the need to find relevant data in these new data sources.
Jan 17, 2024 • Hospitality
IDeaS is expanding and enhancing its learning offerings - New enhancements include live chat support, monthly live learning events, quarterly panels, and on-demand tailored virtual training sessions.
Jan 9, 2024 • Hospitality
Hoteliers assess discounts, prepaid nonrefundable rates - How hotel revenue managers tested new strategies as travelers tightened wallets in 2023.
Jan 4, 2024 • Hospitality
Using business on the books in a complete hotel benchmarking approach - The combination of looking into the future and learning from the past gives you the right tools to make the right decisions for your business today.
Dec 14, 2023 • Hospitality
Will hotel ‘junk fees’ become a thing of the past? - Increased scrutiny of mandatory fees is impacting how hotels advertise prices. But despite widespread support, regulating them could be complicated.
Dec 13, 2023 • Hospitality
There's money in hotel parking - Parking fees are an additional revenue source for hotels, particularly those in urban locations that may not own garages and for those offering valet services.
Nov 29, 2023 • Hospitality
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