Supplier News

Gulf Oil Spill Looms Over Hotel Sales One Year Later

For the one year anniversary of the Gulf Oil Spill, The Knowland Group, the world's largest data firm in the global meetings and conventions industry, conducted a survey of 100 Gulf Coast hotels. In its research, Knowland found that group sales at nearly half of the hotels surveyed were affected by the spill and only 37 percent have fully recovered from the negative financial effects. The survey was conducted at hotels spanning the Gulf Coast region – Alabama, Florida, Louisiana, Mississippi and Texas.

Research Technologies “Spring Forward” to Drive Better Hotel Sales

Slowing demand has forced hotel industry sales professionals to be better navigators through tighter market segments. Knowing where the opportunities lie within these segments is critical. There is no better time to partner, in order to be more responsive to changing conditions. That's where HIS is playing a pivotal role. "Spring represents rebirth and growth--a good time to show that we have created new, innovative sales solutions for our friends and partners in the industry," said Steve Reiser, Founder and CEO of HIS, Inc. "We've been around for 20 years and have worked hard to help our partners succeed in both up cycles and down markets. We've done it by innovating."

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