November 2021 will mark a new chapter for Sugar Beach, A Viceroy Resort, an iconic Caribbean destination located on the shores of the picturesque St. Lucia coastline. Embarking on a five-month closure beginning June 1, the property will reopen its doors November 1 with an enhanced guest experience through a variety of property renovations and experiential upgrades.
Now that hotels are coming back strong with leisure travel, how will property owners using Airbnb and similar platforms compete for rentals? We know that big players like Marriott and other large brand names see value with property homes and rentals, as they have started to make moves to compete in this market.
View by Kelly McGuire – Managing Principal, ZS
"First of all, I don't think that those that are not "all in" on applications of AI and ML in revenue management should be considered technophobes or Luddites. AI and ML algorithms are in their relative infancy right now."
StayNTouch Inc. – Bethesda, Maryland, United States
Nothing divides revenue managers more than the discussion around artificial intelligence and machine learning. The two schools of thought fall into the category of technophobics and technophiles, with AI-enthusiasts on one side and Luddites on the other.
’The Future of Travel: Caribbean Comeback’: A virtual conference presented by Travelweek, 09.30 2020
Viva Wyndham Resorts, a collection of all-inclusive resorts located in the Caribbean, including the Bahamas, Dominican Republic, and Mexico, today announced the groundbreaking of a 750-room hotel in Miches, Dominican Republic, in an event that was attended by the President Luis Abinader.
During COVID-19 pandemic, nearly 1 Billion rooms have gone unsold every week in the US only. With so much unsold space, hotels had to become creative with their offers and packages. Out-of-the-box th.
The Excellence Collection Resumes Operations Of Its Properties In Mexico, The Dominican Republic And Jamaica
The Excellence Collection announces all its properties are now open following temporary closures due to the COVID-19 pandemic. Today, Excellence Punta Cana in the Dominican Republic has opened its doors and officially brings the brand to a full operation of its hotels and resorts.
View by Robert Reitknecht – Hospitality Leader and Guest Experience Expert
"Despite competing efforts, Airbnb offers a different type of experience than hotels. Each property is different, which is its own source of demand. Travelers also travel for different reasons, which will influence where they choose to stay as a guest."
Rock House – Turks and Caicos Islands
Hospitality being the embodiment of people connecting to people, our human capital then automatically should be the most important asset we have. Every hotel or chain always talks a great deal about how important they judge their associates and all they do for them.
Sandals Resorts International (SRI) announced today an expansion of the existing multi-million-dollar renovation of Sandals Royal Bahamian, the brand's award-winning hotel, spa and private island located in Nassau, Bahamas, with plans to reopen January 27, 2022.
The Ritz-Carlton Hotel Company, L.L.C. is pleased to announce the opening of The Ritz-Carlton, Turks & Caicos, marking the debut of the iconic luxury hospitality brand in this island paradise. Situated on the world-famous Grace Bay in Providenciales, The Ritz-Carlton, Turks & Caicos offers an idyllic tropical getaway, seamlessly blending the natural beauty of the destination with the legendary service and elegant accommodations for which The Ritz-Carlton brand is known.
For years, revenue managers used historical data as a "compass" to navigate rates and inventory. Due to the pandemic, however, historical data lost much of their relevance, as 2020 and 2021 were statistical anomalies, to say the least.
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