The guestrev solution, Rainmaker's flagship product, provides hoteliers with the tools they need to forecast demand at the finest level of granularity, model the impact of events and detect demand patterns ... "The integration between the Rover PMS and guestrev enables properties to forecast demand, set accurate pricing and improve year-over-year performance.
The industry is demanding higher profits, more loyalty and an end to brand DNA draining away. ... Forecast into the Unknown How do you pair the analyst and strategist to become an unbeatable revenue manager?
Based on market trends and forecasts about consumer demand, revenue managers are able to maximize revenue during high-demand periods and stimulate demand during periods of lower activity. ... All of this information must be synthesized before revenue managers can forecast demand, develop dynamic pricing strategies, and successfully navigate the complex landscape of online distribution channels
Each of those markets, excluding Nashville and Houston, have grown demand faster, mitigating performance declines. ... Amanda Hite , STR's president and CEO, revealed the company's revised U.S. forecast for 2017 and 2018 during a panel with Mark Woodworth (senior managing director for CBRE Hotels' Americas Research) and
"Demand growth exceeded forecasts during the second quarter, which falls in line with reports that tourism has surpassed expectations," said Amanda Hite, STR's president and CEO. ... That lack of pricing power will be more of an issue in 2018 when occupancy is forecasted to decline.
According to CBRE, leisure demand now represents a greater portion of total demand; this has been the primary contributor to the record occupancy levels discussed above. ... in hotel demand.
"This is a great accomplishment for us and an early indicator that we will be ahead of our forecast due to the incredible demand in the US market, says Founder Max Campos.
Overall, U.S. hotel values are forecast to remain relatively flat in the three-year period from 2017 through 2019. ... HVS forecasts overall U.S. RevPAR growth of 2.5% in both 2017 and 2018, followed by an increase of 2.8% in 2019. Following a U.S. overview, Mr.
Spring brings on many conferences including our own Lodging Industry Forecast Event (LIFE) Conference held in March. ... Lenders still sounded relatively bullish—let's see how NYU fares on this point as the new supply pipeline crosses the threshold of demand levels later this year.
With so many current and proposed hotel deals involving new or pioneering brands targeting an evolving demand base, only time will tell which deals are proven to be successful. ... While RevPAR growth is forecast to slow in most markets, RevPAR is projected to grow nonetheless, and the cost of money is expected to remain relatively low in the near term.
Concurrently, lodging demand is forecast to rise by 2.1 percent. ... "In our lodging forecasts, it is important to note that we project accommodated demand.
A shift in the supply-demand balance in 2018 is anticipated to result in the first annual decline in occupancy, albeit minor, since 2009. ... "Events such as the presidential inauguration and women's march in January boosted demand for hotel rooms in the greater Washington, D.C. market.
A shift in the supply-demand balance in 2018 is anticipated to result in the first annual decline in occupancy, albeit minor, since 2009. ... "Events such as the presidential inauguration and women's march in January boosted demand for hotel rooms in the greater Washington, D.C. market.
The JWC has been designed specifically for the demands of larger video wall configurations and includes video card and driver technology developed specifically for the task. ... the unique content capabilities of the JANUS Vizia software solution to distribute a wide range of content, including advertising, live TV, upcoming and current event information or local weather forecasts
Room revenue forecasts come from CBRE Hotels' Hotel Horizons forecasting platform. ... Future values for model components come from forecasts of capital market rates produced by CBRE's Econometric Advisors and the foregoing NOI forecasting activity (NOI growth rates).
With the launch of Uptown Suites through a controlled affiliate, Starwood Capital strives to meet the increasing demand of value-conscious extended-stay guests by offering economy-priced apartment-style ... "Demand for value-oriented extended-stay lodging continues to rise and guests are increasingly seeking a hospitality experience that is pedestrian-friendly and walkable, with high-quality amenities and
Demand fell with the declining economy, and the pipeline of new supply delivered an abundance of new hotels. ... Reno Tourism and Meeting & Group Demand Casinos are still a dominant attraction for tourism and events in Reno, two demand segments that account for the vast majority of hotel bookings in the area.
With integrated analytics, rGuest Stay also delivers real-time management information so that hotels can accurately forecast demand and scale services accordingly.
At the same time, we still expect negative occupancy performance for 2017 due to an imbalance in supply and demand growth." Among the Top 25 Markets, Washington, D.C. ... RevPAR growth would fall more in line with forecasts." Tampa/St.
The draw from the stadium is expected to generate significant hotel demand in Atlanta. ... The Near Future for Atlanta Hotels The boom in development, redevelopment, and expansion across Atlanta promises to boost demand for the city's hotels.