After a prolonged period of weak performance and volatility, hoteliers at the recent Hotel Data Conference were ready to embrace a new era — while finding ways to thrive in a changing environment.
Insights into the ever-changing hotel commercial strategy discipline, which encompasses revenue management, sales and marketing, featured heavily in recent podcasts from CoStar News Hotels.
NASHVILLE, Tennessee — In an environment of ever-increasing costs, hotel owners want their management firms to be focused on profits, even though those companies have for decades been incentivized to ...
NASHVILLE, Tennessee — As hoteliers feel the squeeze on profit margins, they're looking for new and innovative ways to create additional sources of revenue.
NASHVILLE, Tennessee — The hotel industry was marred by recurring uncertainties last year. But just because the tides have turned to more positive performance in 2026, the uncertainties have not all ...
NASHVILLE, Tennessee — Business travel has long been an essential part of hotels' demand mix, but the segment has yet to return in full force from the pandemic.
NASHVILLE, Tennessee — The hotel industry is often cyclical in nature. The past couple of years, however, have been marked by constant volatility in the headlines.
NASHVILLE, Tennessee — After half a decade in the doldrums, hotel group business is steadily recovering and in some U.S. markets already has returned to pre-pandemic numbers.
While hoteliers have a general understanding of which guests are most likely to drive profits — typically brand- or property-loyal travelers who book directly at retail rates and stay for more than ...
NASHVILLE, Tennessee — Events such as concerts, conferences and sports can all net significant amounts of visitors to a given hotel, but each one can generate different levels of travel intent.
NASHVILLE, Tennessee — Guest review data is a valuable tool for hoteliers to make changes to their operations and strategies to gain more business, as long as hoteliers know how to navigate it.
NASHVILLE, Tennessee — While lower visitation from Japanese travelers continues to be a worry, there's an increasing sense of optimism for PM Hotel Group's Hawaiian portfolio as it sees increasing ...
NASHVILLE, Tennessee — The Virgin brand built itself around an adventurous spirit, and Global Head of Sales, Revenue & Distribution for Virgin Hotels Jeff Borman said that will continue to be the ...
The hospitality industry is constantly chasing how to provide and profit from the experiences today's travelers are seeking, whether that's Instagram-worthy moments or standout levels of service.
NASHVILLE, Tennessee — Leisure demand behavior is a puzzle to solve, but hoteliers using their toolbox of resources hope to crack the code and help them navigate the uncertainty in the segment.
NASHVILLE, Tennessee — For hotel revenue strategy, data is what informs decisions and fuels forecasts. What's as important then is reviewing how everything played out.