The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 26 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.20-26 October 2024 (percentage change from comparable week in 2023):
Shining Light on Tech and AI in Revenue Management
Revenue management is evolving rapidly, with new challenges and opportunities emerging at every turn. To make sense of these shifts, Blake Reiter and Daniel Foremansat down to discuss the changing landscape - drawing on insights from a survey of over 1,200 hospitality professionals - to explore the growing role of...
HFTP Announces 2025 HITEC North America Advisory Council
Hospitality Financial and Technology Professionals (HFTP®) producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), has announced the 2025 HITEC Advisory Council. An expert group of distinguished industry professionals selected to develop and coordinate the education program for HITEC’s North American event. With over five decades of history, HITEC...
AHLA announces appointment of Rosanna Maietta as President & CEO
The American Hotel & Lodging Association (AHLA) announced today that Rosanna Maietta has been selected to serve as the association’s next president & CEO, effective Nov. 14. Maietta is a talented executive with a global career marked by success working alongside boards and leading teams to high performance. Over the...
Is Your Digital Marketing RFP Built to Find Winners or Waste Time?
Picture this: you’ve got your RFP all dressed up, sent into the world like a proud parent—only to have it come back with agencies throwing marketing buzzwords at you like confetti at a parade. Here at three&six, we know you didn’t write that RFP to play marketing bingo; you need...
The Hospitality Industry’s Digital Evolution – PMS and RMS: The Dynamic Duo Driving Hotel Success in a Digital World
The hospitality sector is evolving rapidly. The digital age has brought new challenges and opportunities for hoteliers, making it essential to adopt advanced systems to optimize operations and enhance guest experiences. Two critical components of a hotel’s technology ecosystem are the Property Management System (PMS) and the Revenue Management System...
NEWH, Inc. to Celebrate Official 40th Anniversary at BDNY 2024
NEWH, Inc. (Network of Executive Women in Hospitality), a premier association committed to scholarships, advancing education, mentorship, and networking in the hospitality industry, will proudly celebrate its 40th anniversary at BDNY 2024, held at the Jacob K. Javits Center in New York City. The organization will award multiple scholarships and...
Cultural Curiosity, Personal Safety and Multidestination Journeys Top Priorities for American and Canadian Travelers in New Survey
Just days before a national election with global implications, North Americans are weighing in on another increasingly complex topic – traveling abroad. International marketing firm MMGY, in partnership with the United States Tour Operators Association (USTOA), revealed today the findings of the 2024 Portrait of American and Canadian International TravelersTM...
Global Hospitality Study Exposes Critical ’Aspiration-Reality Gap’ in Measuring Per-Guest Revenue Beyond the Room
Today at the American Hotel and Lodging Association’s The Hospitality Show being held in San Antonio, Texas, Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of hospitality software solutions and services, released the findings of its 2024 Global Hospitality Impact Study: Unlocking Revenue Beyond the Room.
How to prevent hotel no-show and last-minute cancellations?
Is your hotel being haunted by no-shows? In the hotel industry, guests who fail to show up without notice (no-shows) and last-minute cancellations pose significant challenges, affecting both planning and profitability. In the hospitality sector, the no-show rate for hotels is commonly between 1-5%, providing insight into the revenue lost...