kalibri labs
Analysis: 2022 Hotel Leisure Travel Revenue Projected To Be Up 14% Over Pre-Pandemic Levels
AHLA | October 17, 2022
WASHINGTON (October 17, 2022) – U.S. hotel leisure travel revenue is projected to end 2022 14% above 2019 levels, while hotel business travel revenue is expected to come within 1% of 2019 levels, according to a new analysis released today by the American Hotel & Lodging Association (AHLA) and Kalibri Labs. The projections are not adjusted for inflation, and real hotel revenue recovery will likely take several more years. Post-pandemic recovery remains uneven, particularly in many major cities and destinations where business travel continues to lag. Among the top 50 U.S. markets, 80% are projected to see hotel leisure travel reve...
Report: Hotels Projected to End 2022 Down $20 Billion in Business Travel Revenue, Nearly 25% Below Pre-Pandemic Levels
AHLA | April 19, 2022
Click Here for a State-By-State Breakdown Click Here for a Market-By-Market Breakdown WASHINGTON (April 19, 2022) – According to a new report released today by the American Hotel & Lodging Association and Kalibri Labs, U.S. hotel business travel revenue is projected to be 23% below pre-pandemic levels in 2022, ending the year down more than $20 billion compared to 2019. This comes after hotels lost an estimated $108 billion in business travel revenue during 2020 and 2021 combined. While leisure travel is expected to return to pre-pandemic levels this year, business travel—which includes corporate, group, government, and oth...
Although Pre-Pandemic Profitability Will Remain Elusive, the Industry Will Make Strides Toward Recovery in 2022
Fran Worrall | January 5, 2022
By Fran Worrall As the new year begins, industry experts are increasingly hopeful about the state of hospitality. After almost two years of an unprecedented downturn and despite ongoing effects of the pandemic—including the emergence of new COVID-19 variants and increased consumer awareness regarding health and well-being—2022 looks to be more promising as the industry figures out how to fulfill guest expectations without compromising safety. HU/HO recently sat down with three hospitality insiders—Hospitality Sales & Marketing Association International (HSMAI) President & CEO Bob Gilbert, Knowland CEO Jeff Bzdawka, and Kalibri Lab...
Hotels Projected to End 2021 Down $59 Billion in Business Travel Revenue
AHLA | September 15, 2021
WASHINGTON – September 15, 2021 – The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new report released today by the American Hotel & Lodging Association and Kalibri Labs. That comes after losing nearly $49 billion in business travel revenue in 2020. Business travel is the hotel industry’s largest source of revenue and has been slow to return since the onset of the pandemic. Business travel includes corporate, group, government, and other commercial categories. Business travel revenue is not expected to reach pre-pandemic levels until 2024. The ne...
Meyer Jabara Hotels Unveils Enterprise Technology Initiative
Meyer Jabara Hotels | August 10, 2021
Management company and ownership group selects Altec, Ceridian, Kalibri Labs, ProfitSword, and SNAPPY solutions to fortify operations and better serve its valued employees Danbury, Conn. — August 10, 2021 — At a time when many hotel companies continue to cut costs and operate with reduced teams, Meyer Jabara Hotels is investing in its people and properties by adding technologies that will help its 29 U.S. hotels streamline their business processes and expand on the services available to associates. Through strategic partnerships with Altec, Ceridian, Kalibri Labs, ProfitSword, and Snappy, Meyer Jabara Hotels will be deploying solutions...
US Hotel Brand Loyalty Contribution Reaches an All-Time High in 2019
Kalibri Labs | February 11, 2020
February 11th, 2020 – ROCKVILLE, MD – The hotel brand loyalty programs continue to play a major factor in where and how guests are booking their stays, and today loyalty-related bookings account for more than 50% of the total hotel bookings in the U.S., according to new, full-year 2019 booking data from Kalibri Labs. Throughout 2019, total US Loyalty Contribution increased 7.6% to 56.2%, a jump of 8.3 percentage points or 17.3% since the top hotel brands launched aggressive book-direct campaigns in 2016. However, top-line growth rates slowed in 2019, meaning it's more important than ever for hotels to control t...
Tambourine: Do You Know Your Hotel’s Optimal Business Mix?
Tambourine | September 7, 2018
As the number of hotel distribution channels, marketing tools and rate types increase—and the cost for each booking varies—so does the need for determining a hotel's optimal business mix (OBM). But with so much data to process and analyze, coming from multiple sources, the challenge is to maintain a high-level perspective on the hotel's overall revenue goals and needs. That's where the art and science of determining a hotel's OBM come into play. To put it simply, finding a hotel's OBM is the process of finding which sales channels, demand segments and rates work best for the property, factoring in the cost of each customer, ...
Research Reveals Increased Intermediation in the Groups and Meetings Market Segment
Kalibri Labs | March 15, 2018
This report offers analysis on the groups and meetings market segment and sheds light on the challenges imposed by a fragmented ecosystem with a focus on costs and the impact on relationships between hotels and their customers. March 15th, 2018, Rockville, MD – Kalibri Labs just announced the release of their latest hotel industry study that encompasses the groups and meetings market segment. This in-depth look at a critical component of the industry's business mix is the first of its kind and filled with detailed insights and key metrics which reveal increased intermediation in the groups and meetings segment. The report highligh...
