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Hospitality Industry Updates
We all know that modern-day mobile applications like Uber, Yelp, and Shazam have made our lives easy but there is a catch-22 situation here! These so-called make-our-lives-easier-apps also create a lot of fuss because every time you want to use an app you have to install them and if your smartphone is running low on memory then...
“The blogosphere is filled with a wealth of incredible blogs on every subject imaginable.” — Brian Clark. Just like any other modern-day service industry, the hospitality business is constantly reinventing itself with the introduction of AI, virtual butlers, and IoT, and keeping up with all of the new trends and innovations might seem like a highly...
RevPAR is arguably the most important of all ratios used in the hotel industry. Because the measure incorporates both room rates and occupancy, it provides a convenient snapshot of a how well a company is filling its rooms, as well as how much it is able to charge. Most hotel-industry observers are familiar with the...
The competition between the independent and chain hotel is growing and each of them is trying to survive in the economy via redefining the guest experience thereby attracting more guests (millennial and business travelers) towards their respective hotels. There are different types of strategies that are used by independent as well as chain hotels. An Independent and...
If you’re not living under a rock you’d know that Kerala has been hit with heavy floods few days back! But the latest news revealed that there is an indication of easing of rain in Kerala! An orange weather alert (which signals preparedness) has been issued across 11 districts out of the 14. Saying all that, now,...
In our earlier published blog, we have discussed how a hotel management system can drive more revenue. So, without any further ado, let us delve deeper into the topic and know a few basic things about hotel management software. Think about it: is there anything worse than buying the wrong size pants? You spend 15 minutes...
The rise of Airbnb has seemed unstoppable. Seemingly out of nowhere, it appeared on the scene and within a few years had made such a large impact. Profits of doom started talking about the death of the hotel industry. In 2016, 19% of leisure travellers claim they used Airbnb and OTAs (including Booking.com) are now...
Technology in the hotel industry continues to advance at a rapid pace and hotel management system (HMS) remains essential for hotel managers looking to improve the running of their business. With such installed system or software, a hotel operator can quickly streamline their administrative processes and betterize their overall system. The key to reaping the...
Marketing your hotel via online travel agencies can be a complicated endeavor because there are many options to choose from with varying commission levels, target markets, and other features. Online travel agencies, or OTAs, were originally designed to sell excess inventory in times of slow demand. Today, OTAs drive the majority of bookings around the...
The hotel industry is growing worldwide rapidly with high & good outlook of occupancy which includes the revenue per available room and also the average daily rates. Even more, by 2018, the total hotel revenues are expected to exceed half a trillion USD. Yet, the managers working in the hotel industry always face with constant...
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