The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization
Opinion

The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization

In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenu...

Timothy R. Wiersma
Timothy R. Wiersma
Principal | Revenue Generation, LLC.
Revenue Generation LLC
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Revenue Management
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Asset Management
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Timothy R. Wiersma
by Timothy R. Wiersma
24 April 2024Revenue Generation LLCRevenue Management
The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization
Customer Experience Is Like Maintenance on Your Car
Opinion

Customer Experience Is Like Maintenance on Your Car

I was talking to a friend the other day. He purchased an expensive new car just eight months ago. Unfortunately, the car turned out to be a “lemon,” and he has taken it back to the dealer multiple times for various problems. The car has spent more t...

Shep Hyken
Shep Hyken
Customer Service and Experience Expert, Keynote Speaker and Bestselling Author
Shepard Presentations, LLC.
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CRM & Loyalty
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Guest Experience
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Shep Hyken
by Shep Hyken
24 April 2024Shepard Presentations, LLC.CRM & Loyalty
Customer Experience Is Like Maintenance on Your Car
Press Release

IHG Hotels & Resorts to double presence in India with 100 operating hotels in 5 years

With close to 50 hotels in the pipeline, IHG® Hotels & Resorts, one of the world’s leading hotel companies, will double its operating portfolio in India in next 5 years. The company recorded strong signing performance in 2023 with 13 deals closed ac...

IHG Hotels & Resorts
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InterContinental
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Holiday Inn
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Crowne Plaza
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Staybridge Suites
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voco hotels
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Hotel Openings
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Partnerships, Mergers & Acquisitions
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IHG Hotels & Resorts to double presence in India with 100 operating hotels in 5 years24 April 2024IHGHotel Openings
IHG Hotels & Resorts to double presence in India with 100 operating hotels in 5 years
Asia Pacific Gen-Zs and Millenials Seek to Unlock Value and Maximize Travel Experience With One Loyalty Program
Press Release

Asia Pacific Gen-Zs and Millenials Seek to Unlock Value and Maximize Travel Experience With One Loyalty Program

A survey by Marriott Bonvoy, the award-winning travel program of Marriott International, has found that a majority of Gen Zs and Millennials in Asia Pacific excluding China (APEC) prefer the simplicity of belonging to one comprehensive loyalty trave...

Marriott International, Inc.
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CRM & Loyalty
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Consumer Trends
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Market Segments
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Guest Experience
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Asia Pacific Gen-Zs and Millenials Seek to Unlock Value and Maximize Travel Experience With One Loyalty Program24 April 2024MarriottCRM & Loyalty
Asia Pacific Gen-Zs and Millenials Seek to Unlock Value and Maximize Travel Experience With One Loyalty Program
Recent Appointments
Preferred Hotels & Resorts Welcomes 15 New Member Properties
Press Release

Preferred Hotels & Resorts Welcomes 15 New Member Properties

Preferred Hotels & Resorts, the world’s largest independent hotel brand, is pleased to announce the addition of 15 new member properties to its global portfolio between January 1 and March 31, 2024. Ranging from a hidden safari resort in the wildern...

Preferred Hotels & Resorts
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Lifestyle (Preferred Hotel Group)
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LVX (Preferred Hotel Group)
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Preferred Hotels & Resorts Welcomes 15 New Member Properties24 April 2024Preferred Hotels
Preferred Hotels & Resorts Welcomes 15 New Member Properties