How the Hospitality Business Can Battle “The Nice Resignation”
Written by: Sheheryar Javaid This text is not going to contact on the influence “The Nice Resignation” has had on the hospitality {industry}, as we’re properly conscious — the main target will as a substitute be on what actions we will take to battle it. Cash shouldn’t be the reply. Many lodge homeowners and operators do not need a lot cash left after the pandemic, anyway. Fortunately, there are a lot of elements that workers are searching for in addition to elevated pay (though it could be good!). The aim of this text is to focus on a few of…
Workers Scarcity Insights from a HITEC Orlando Visitor Blogger
Written by: Jennifer Jones It is no secret that the bubble has burst and vacationers are again out on the street. With busy summer time months nonetheless forward, our motels are experiencing demand that’s actually welcome after the pandemic decimated occupancies. Nonetheless, the lingering black cloud of the labor scarcity means motels are going to wrestle to satisfy visitor expectations from a service perspective with fewer entrance desk brokers, housekeepers, restaurant workers, and so forth. Service shall be slower and restricted at instances, and it is going to be difficult to make nice impressions. We’re all well-aware of how the…
RateGain Empowers Virgin Voyages with Rate Intelligence
New Delhi, June 27, 2023: RateGain Travel Technologies Limited (RateGain), the leading SaaS (Software as a Service) provider for travel and hospitality, announced today that it has been selected by the North American-headquartered, Virgin Voyages to provide comprehensive Cruise Rate Intelligence data. Virgin Voyages, an innovative cruise line co-owned by the Virgin Group and Bain Capital, is redefining sea travel for the modern traveler set to enhance its competitive edge with the deployment of RateGain’s advanced data analytics and connectivity solutions. With the global cruise industry on the road to recovery and an expected influx of passengers in the coming…
Data & Analytics Help In Distributing Hotel Inventory
The Internet had an impact on almost every industry out there and how could the hotel industry be an exception to this revolution. Traditional booking mechanisms like phones and agents have been replaced by OTAs, brand websites, and other channels. Some channels are more profitable or we can say less costly than others are. Hotels have to continuously make sure that they are using the most profitable channel to sell their inventory to maximize revenues. Yielding and Pricing strategy has the prime role to play in determining which channel shall be used to maximize revenues. However, some hotel revenue managers…
Thank You Booking.com For Showing Us The Future
For the last five years, travel has been all about sustainability, recovery, and – for the last few weeks – generative AI. And while all of these are highly relevant topics, there’s only one thing that ties them together – Diversity, and knowing that each person is different and is looking for unique and personalized experiences that cater to their individual needs and preferences. This is where, at the recently concluded Click. 2023 event, Booking.com showed us the future of travel and hospitality. The Changing Traveler and the Future of Travel The 2023 Travel Predictions by Booking.com showcased at the…
The Best Hotels In Barcelona For Food Lovers
When it comes to eating well, few cities in the world can compete with Barcelona. On your next vacation here, why not start by booking a hotel with some top-notch gourmet credentials? The Roof at The Barcelona EDITION. Image courtesy The Barcelona EDITION. To help you make the right accommodation choice, here are the best hotels in the Catalan capital with restaurants worth traveling for—from the Michelin-approved temples of fine dining, to bustling tapas bars, an upscale sushi spot, and not one, but two , rather excellent steakhouses. Pigeon from Las Landas in its juice, fruit marmalade and vegetable nuances…
The Lag in Food and Beverage Recovery
Written by: Robert Mandelbaum and Andrew Hartley According to CBRE’s September 2022 Hotel Horizons® forecast for the overall US lodging industry, rooms revenue per-available-room (RevPAR) will exceed 2019 annual levels in 2022. This is driven by the accelerated recovery of average daily rate (ADR) which first occurred during the third quarter of 2021. For owners and operators of full-service, convention, and resort hotels, unfortunately, food and beverage (F&B) revenue is lagging in recovery and yet to return to pre-COVID levels. This can be attributed to a combination of the following factors: Health regulations The lag in group demands recovery Staffing…