Impact of Dominant Franchise Companies on Hotel Construction Pipeline and Openings in the U.S. Until 2025 The hotel industry in the United States is a thriving and competitive market. With millions of travelers visiting the country each year, there is a constant demand for new hotels to accommodate them. However, the construction and opening of …
August 2023
Weekly Hotel Performance in the United States (29 July)
Key Factors Influencing Weekly Hotel Performance in the United States (29 July) Welcome to our weekly update on hotel performance in the United States! In this article, we will be discussing the key factors that have influenced the weekly hotel performance in the country for the week ending on July 29th. So, let’s dive right …
Is a flattened hierarchy suitable for the hospitality industry?
Benefits of Implementing a Flattened Hierarchy in the Hospitality Industry Is a flattened hierarchy suitable for the hospitality industry? When it comes to organizational structures, the hospitality industry has traditionally followed a hierarchical model. This model is characterized by a clear chain of command, with decision-making power concentrated at the top. However, in recent years, …
PPDS Expands Local Manufacturing Commitment in Latin America with Philips MediaSuite’s Success in the Mexican Market
Benefits of PPDS’ Local Manufacturing Commitment in Latin America PPDS, a leading provider of professional displays and solutions, has recently expanded its local manufacturing commitment in Latin America. This move comes as a result of the success of its Philips MediaSuite in the Mexican market. By manufacturing its products locally, PPDS is able to provide …
Effective Pricing Strategies to Maximize Hotel Revenue
Dynamic Pricing: A Key Strategy for Hotel Revenue Optimization Dynamic Pricing: A Key Strategy for Hotel Revenue Optimization When it comes to maximizing hotel revenue, effective pricing strategies play a crucial role. One such strategy that has gained significant popularity in recent years is dynamic pricing. This approach allows hotels to adjust their prices in …
Fulfill your summer wanderlust with these highly wishlisted Amazing Views
Top 10 Breathtaking Mountain Views to Add to Your Summer Bucket List Fulfill your summer wanderlust with these highly wishlisted Amazing Views. If you’re a nature lover and an adventure seeker, there’s nothing quite like the feeling of standing at the top of a mountain, surrounded by breathtaking views. The world is full of stunning …
National Hospitality Services and Hotel Equities Take Over Management of Two North Dakota Hotels
Benefits of National Hospitality Services and Hotel Equities Takeover in North Dakota Hotels National Hospitality Services and Hotel Equities have recently taken over the management of two hotels in North Dakota, bringing their expertise and experience to these establishments. This takeover is expected to bring numerous benefits to both the hotels and the local community. …
The Synergy of Multiple Factors: Boosting Travel’s Affordability
The Role of Technology in Making Travel More Affordable Travel has become an integral part of our lives, with more and more people seeking to explore new destinations and experience different cultures. However, the cost of travel can often be a deterrent for many individuals. Fortunately, advancements in technology have played a significant role in …
Airbnb’s Q2 2023 Financial Performance
Revenue Growth of Airbnb in Q2 2023 Airbnb, the popular online marketplace for lodging and vacation rentals, has recently released its financial performance report for the second quarter of 2023. The report showcases the company’s impressive revenue growth during this period, highlighting its continued success in the highly competitive travel industry. In Q2 2023, Airbnb …
Hyatt’s Q2 2023 Performance: A Comprehensive Report
Revenue Growth and Financial Performance Analysis Hyatt Hotels Corporation, one of the leading global hospitality companies, has recently released its comprehensive report on its second-quarter performance in 2023. In this article, we will delve into the revenue growth and financial performance analysis of Hyatt during this period. The second quarter of 2023 has been a …