Put focus on profits, not revenue
A big part of protecting profit margins is spending wisely, and hoteliers who pay OTAs for bookings and invest in search-engine marketing are not necessarily doing that, according to MC Development's Tyler Morse.
Join the most influential global leaders in Travel & Tourism for two days of thought leading content streamed live & on-demand.
Flexible work arrangements will have an ongoing impact on business travel
One-quarter of companies say that working from home will lead to more travel to headquarters, but is likely to result in less travel overall, according to a new Deloitte report.
Facing unprecedented demand, the much-reduced industry is struggling to cope
Countries on both sides of the Atlantic are seeing a slew of canceled flights due to lack of crew, long lines at airports thanks to understaffing, and the kind of rates for rental cars that make buying a vehicle look cheap.
Europe's airports face chaos as travelers return. Travelers on both sides of the Atlantic Ocean have endured long lines at airports, flight delays or cancellations, and plenty of frustration.
Much of Europe now at 'high' risk. Many European nations are now considered at "high" risk for Covid-19, according to the US Centers for Disease Control and Prevention.
Persistent leisure-corporate gap. New York hotels are seeing continued healthy leisure demand, and while corporate demand is growing, it remains in the early stages of recovery.
Hotels offer flexibility, loyalty points to retain corporate clients. The pandemic has disrupted business travel, and with it one of the mainstays of hotels: corporate negotiated rates.
Is there an ethical way to travel the world? Yes. But it takes planning, deliberate choices, and respect for the people and places we have the privilege of visiting.
Will metaverse change the future of travel? The alternative universe has the potential to change the way travelers engage in pre-, post- and in-trip purchases.
Duve: The wrong way to implement tech into your hotel. Anyone telling you that hotel technology is just a click away is being less than honest with you. These things take time.
Atomize: Don’t overlook competitor data in your pricing strategy. More data on the past and future performance of the hotels in your competitive set is available today than ever before.