Posts Tagged ‘hotel sales and marketing’
What’s ahead in revenue management in 2017?
As we all dive into the new year, hotel owners, operators and revenue strategists are probably a bit perplexed as they try to determine what kind of 2017 it will be. Will the hotel industry’s long upswing continue with further increases in occupancy and higher levels of average rate? Or will the merry-go-round finally come to a stop and everyone need to devise ways to gain bigger shares of declining or flat markets?Read More
Hotels Should End The Year on A High Note
Vornado: Flexibility allows independent hotels to compete
When you own residential and commercial real estate as well as hotels, it gives you a bit of a different perspective on things. That’s certainly what the guys at Vornado Realty Trust bring, and their strategy behind the 1,700-room Hotel Pennsylvania in the heart of Midtown Manhattan is a testament to their ability to think outside the box.Read More
Casinos Must Keep Their Comp Sets Fresh
Many of us in the casino-hotel world have worked with competitive sets, some we inherited and others we created ourselves. These competitive sets are how we see if our rates are in line with the market and then how we fared against the market.Read More