So, what can hoteliers do to ensure revenue generation is approached from a property-wide perspective?
HVS: Israel’s hotel sector shows record performance
otels in Israel saw another record performance in 2018 as the country experienced a lull in geo-political turmoil and a rise in incoming tourist numbers, according to a new report by global hotel consultancy HVS.
KPIs every hotel executive should track daily
Tracking key performance indicators is the secret to success in the hotel industry, yet many hotel managers who think they have KPIs really don’t, because they aren’t using them effectively. Here are the KPIs you need on a daily basis and why you need them to have an accurate pulse on your business.
Accor is positioned as global leader in the lifestyle sector
2018 marked a historic year for the Group with record openings and signings, and strong acceleration in the lifestyle sector, mainly due to the acquisition of 14 new brands that strengthened the Group’s portfolio. @Accorhotels
A four-pronged approach to property resuscitation
For underperforming properties, you may need to swoop in with the defibrillators to make swift changes to bring the hotel up to speed and then readjust according to the specific conditions of the locale.
Performance gains needed in Chinese state-owned hotels
A new PolyU study finds Chinese state-owned hotels need to enhance their performance and market competitiveness, and that despite concerns, their stable workforces and entrenched locational advantages suggest that these hotels have the potential to become profitable businesses.
