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Hotel Trends

Workplace Wellbeing

Good Health and Wellbeing: How to Prevent Burnout in the Workplace

Managing employee burnout effectively is a strategic priority and point of weakness for the hospitality industry. The hospitality industry leads many positive indicators in different countries, such as job creation and contributions to GDP. However, it also occupies the highest position in a negative aspect: the industries with the most burnout.

Concert Tours

Taylor Swift Impact Grows to $208M in U.S. Hotel Room Revenue

The first 28 shows of the tour added $98.2 million in added room revenue on top of normal seasonal levels. The overall $208 million estimated impact now three months later is conservative, accounting only for the 53 concert nights.

Market Report Singapore

HVS Market Report Singapore - By Hok Yean CHEE

HVS publication In Focus Singapore 2023 provides an overview of Singapore’s economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2022, COVID-19 situation and outlook.

Hotel Revenue Management

First Class Revenue: Optimizing Your Premium Inventory - By Anthony Rose

Like a first-class seat on an airplane, dynamically optimizing upgraded room classes can unlock significant revenue potential. As an industry what best practices could be applied to maximize the RevPAR growth opportunity this presents? I recently brought this question to the HSMAI Revenue Optimization Rising Leader Council for collaboration.

Labor Day Travel

Travel Outlook: Labor Day 2023 Demand - Koddi

In comparison, 2023 experienced an earlier onset of interest at the beginning of June. At the start of August, there was an uptick in demand for 2022 that was not observed in 2023.

Market Report Florida Panhandle

HVS Market Report - The Florida Panhandle Remains a Top-Tier Destination - By Hannah McManus

The Florida Panhandle remains popular among hotel developers and investors given the strength of the market in the post-pandemic period. An easy-to-reach destination for drive-to and out-of-state travelers alike, this Gulf Coast region has been a hotbed of activity for construction and transactions in the traditional-model hotel space since the summer of 2020.

Hospitality Leadership

Missionize Your Mission Statement - By Doug Kennedy

For decades now, it has been fashionable for companies from all industries to craft a mission statement to not only summarize its purpose, but also to give work more purpose. Over the years, the original concept has evolved into creating 'values' or 'vision' statements.