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Introducing MAXâ„¢, An Interactive Hotel Revenue Performance Platform
Revenue Matters, LLC. | October 13, 2020
Free trial subscription during Q4 2020 and 2021 discounts for first 25 properties Revenue Matters introduces MAXâ„¢, a proprietary, interactive hotel revenue performance platform designed exclusively for the hospitality industry. Now, hoteliers, owners, and asset managers can have access to this robust analytics tool to help with strategic planning, trend analysis, price positioning, occupancy and rate strategy, budgeting, forecasting, and more. Spend less time running reports and more time on analysis. MAXÂ consolidates information from multiple sources and displays it in a user-friendly format to help you make smart decisions. Get a c
Infor Unveils New Cloud-Based Revenue Management Functionality for Hoteliers
Infor | October 12, 2020
Science-infused Infor EzRMS provides new forecasting capabilities and real-time optimization for hoteliers large and small NEW YORK – October 12, 2020 – Infor today announced significant updates to Infor EzRMS, a leading revenue management application built specifically for the hospitality industry. Part of the Infor Hospitality suite of cloud-based solutions, Infor EzRMS is designed to help hoteliers better optimize revenue by automatically calculating demand forecasts and recommending appropriate selling strategies based on data such as day-of-week patterns, booking lead-time and the number of guests per room. Through a combination o
Tourism After Lockdown: Taking the Pulse of Travel
STR | October 12, 2020
STR’s Tourism Consumer Insights team has been keeping a close eye on consumer trends around the industry during this truly unprecedented time. The twists and turns of the COVID-19 pandemic have contributed to seismic changes in tourism, which has included the cessation of international travel for some countries. As a whole, we have witnessed long-lasting shifts in consumer behavior and attitudes, producing an increase in active travel, soaring levels of e-commerce and, yes, even ballooning rates of pet ownership. Keen to take the pulse and measure the sentiment of global travelers, STR conducted quantitative research in late August a
Mixed-Use Development – The Most Sustainable Model for Hotels Going Forward
Mandeep S. Lamba | October 12, 2020
By Mandeep Lamba, Akash Datta, Dipti Mohan Mixed-use development, usually a planned combination of hotels, retail, office or residential space, is a fairly widespread concept globally with several such iconic projects around the world. In the last decade or so, the concept has been gaining ground in India as well, though the combination (two or more elements) of retail, office, and residential spaces have been more popular. However, as investors look to maximize returns through efficient land usage and optimal utilization of FSI, hotels have also been added to the mix. Mixed-use projects leverage the best of each asset class, while dive
New Survey Reveals What Americans Are Missing the Most: Travel
Hilton | October 12, 2020
According to a new study released Monday by Hilton, 95% of Americans are missing travel right now – are you one of them? It’s not surprising, after six months of restrictions brought on by a global pandemic which led to working and learning from home and little change in scenery … day after day after day. What is surprising though? That within this time, 188 million Americans already feel a ‘travel memory deficit,’ leading to greater stress and the feeling of FOMO on lost or missed out upon special moments with loved ones. Traveling, it seems, is one of the great American pastimes that brings long-lasting joy, with nine in 10 r
The Strategic Value for Having an Onsite Medical Clinic at Hotels
Adel Eldin | October 12, 2020
by Adel Eldin, MBA, MD Cardiologist, Tampa, Florida, Frederick J. DeMicco, Ph.D., Professor, and Shelly Rehav, MBA student, the Northern Arizona University, W.A. Franke College of Business The benefits of a medical clinic located within a resort or hotel property are well founded. With an aging society and with travel and tourism set to increase post COVID-19, partnering with an onsite medical clinic franchise could strongly benefit a hotel. There are numerous lodging and medical clinic joint models that currently exist and thrive. A medical clinic located on property, or in close proximity of a hotel, allows a domestic or international
Radisson Blu Debuts in Canada With Opening in Downtown Toronto
Radisson Blu | October 12, 2020
Minneapolis - October 12, 2020 - Radisson Blu, an upper upscale hotel brand that delivers a positive and personalized service in stylish spaces, is proud to announce the opening of Radisson Blu Toronto Downtown at 249 Queen's Quay W in downtown Toronto, Ontario. As the first Radisson Blu in Canada, the hotel delivers the brand’s one-of-a-kind experience, while incorporating local elements of Toronto’s downtown and the serene surroundings of Lake Ontario. The opening of Radisson Blu Toronto Downtown kicks off an exciting wave of growth for the brand. Before the end of 2020, Radisson Hotel Group will open Radisson Blu properties in Anahe
Hyatt Regency Malta Opens in Seaside Town of St. Julian’s
Hyatt Regency | October 12, 2020
CHICAGO (October 12, 2020) – Hyatt Hotels Corporation (NYSE: H) has today announced the opening of Hyatt Regency Malta, the first Hyatt-branded property on the archipelago in the Mediterranean Sea. Situated in the popular seaside town of St. Julian’s, within walking distance of the beach and less than twenty minutes away from Malta’s international airport and the UNESCO World Heritage City of Valletta, Hyatt Regency Malta is the perfect choice for families looking for memorable stays and business travelers attending meetings and events on the island. The Hyatt Regency brand is designed for productivity and stress-free stays by off