By Larry Mogelonsky
During the 2008-09 economic downturn, even though the future of most hotels was uncertain, the corrective actions for such times of hardship were not. Properties across the board responded to lower occupancies and tightening of travelers’ purse strings by cutting costs in whichever way would balance the budget. Now, however, it would seem as though we are confronted with a mercurial problem, that of a flattening of pace.
Kayleigh Kulp, CNBC
Read the story at CNBC.
Splurging on a luxury hotel stay is one thing, ponying up for access to a club lounge is another.
For example, the club lounge at the Ritz-Carlton in New Orleans is marketed as "a boutique hotel within a hotel." There is a buffet-style, staffed restaurant that serves full meals, champagne, wine, beer and cocktails all day, private areas for conducting meetings with comfortable seating, complimentary newspapers and a private concierge service.
Read the story at Hotel Management.
Nobody is certain about what 2017 holds for hotels, with projections for occupancy and rate ranging anywhere from near-record levels to completely flat. But one common thread throughout 2016 that is projected to continue to give the industry strength in the coming year is the group-booking sector.
Maeve Walls, 4Hoteliers
Read the story at 4Hoteliers.
Your hotel’s online activities should be completely focused on clarity and data-driven decisions. No matter how chaotic the rapid changes in the industry may seem, revenue managers need to hold onto their minds and stick to the data – data in all its glorious forms!
To kick off our 3-part series on data (parts 2 and 3 will be linked to as they’re published), here are 6 ways you need to use data to make sure your hotel is on the right track.
Andrew Sheivachman, Hannah Sampson and Deanna Ting, Skift
Read the story at: Skift
As the Zika virus has spread from Brazil to Latin America, the Caribbean, and now South Florida, alarm has been raised in the media about the very real danger the virus poses to women who are pregnant or may become pregnant.
Omaha World-Herald - With its Stock at Less than $1 a Share, Condor Hospitality Hopes Shift to Swankier Digs Will Give it a Lift
Steve Jordon, Omaha World-Herald
Condor’s last Nebraska property, the Super 8 in O’Neill, which is being sold.
Danielle Hess, Hotel News Now
Read the story at: Hotel News Now
Hoteliers in the San Francisco area are expecting high occupancy for Super Bowl weekend, but it’s still unclear how that will translate in revenue.