A proposal to require all newly built hotels to secure a special permit is one step closer to becoming law in New York City.
In anticipation of what’s expected to be a busy holiday shopping season, retailers already strapped for talent have been announcing plans to hire seasonal workers. Meanwhile, Target last month said it would scale back its holiday hiring, not because it’s been immune to the effects of the retail industry’s labor shortage, but because it believes doing so will allow it to better invest in current employees.
Measuring success in revenue management has long relied on things like year-over-year comparisons and gauging market share to show a long-term growth trajectory, but how can companies do that when th.
Effective marketing efforts rely on quality data, and hoteliers need to be doing the most to amass and utilize data on their guests, according to panelists at the 2021 HSMAI Marketing Strategy Conference.
The “metaverse” is the next great revolution in computing. This concept of the future of the internet promises to bring the physical world together with new technologies that are only starting to transform the way people interact with one another, amuse themselves, go shopping and engage in other everyday activities.
As travel picks up amid signs the pandemic is waning, the hotel industry hopes its fortunes will rise too. But so far, it’s not clear when that moment will arrive — or whether some of the changes they have had to make will become permanent.
Recently unsealed documents from the District of Columbia Attorney General’s 2019 lawsuit against Marriott allege that the company and its self-managed resorts make tens of millions from resort fees every year.
NEW YORK — The total amount of U.S. lodging industry capital-expenditure spending is forecast to increase by approximately 70% in 2022 from the record lows of approximately $2 billion in 2020 and 2021 to $3.
Trading at UK hotels is not expected to return to pre-pandemic levels by the end of 2022 despite encouraging signs for hoteliers.
For many hotels, the line between “distribution” and “marketing” has always been quite blurry. Mistakenly or not, commissions paid to OTAs have traditionally been considered a “distribution” cost, whereas it’s arguable that a big chunk of that is “marketing”.