Cookies on HFTP Bytes

This site uses cookies to store information on your computer. Some are essential to make our site work; others help us give you the best possible user experience.
By using the site, you consent to the placement of these cookies. However, you can change your cookie settings at any time. Read our Privacy Notice to learn more.

I understand
  • Next Event

    HITEC DUBAI

    Hospitality Industry Technology Exposition & Conference

    December 5–6, 2018
    Dubai, UAE

  • Upcoming Event

    HITEC EUROPE 2019

    Hospitality Industry Technology Exposition & Conference

    April 10–11, 2019
    Palau de Congressos
    Palma, Mallorca - Spain

  • Upcoming Event

    HITEC MINNEAPOLIS

    Hospitality Industry Technology Exposition & Conference

    Minneapolis Convention Center

    June 17-20, 2019

What to do now to get your hotel ready for winter

hotelnewsnow.com Featured Articles 18 October 2018
Hoteliers say now is the time to prepare properties for the change in seasons to ensure operations are running smoothly before the weather will turn. Here’s a look at some of their to-do lists.

US hotel results for week ending 13 October

hotelnewsnow.com Featured Articles 18 October 2018
U.S. hotels reported occupancy dipped 0.7% to 71.9% during the week of 7-13 October. ADR increased 1.6% to $132.76 and RevPAR rose 0.8% to $95.42 during the week.

Will revenue managers be ready for next downturn?

hotelnewsnow.com Featured Articles 18 October 2018
To truly prepare for the next downturn in the economy, hotel revenue managers will have to re-examine antiquated, and baffling, logic and strategies for pricing.

Lending experts talk building costs, appetite for deals

hotelnewsnow.com Featured Articles 17 October 2018
A panel on lending at The Lodging Conference addressed the growing cost of construction, driven by labor issues. Lenders also shared how they’re looking at new deals.

Labor, tariffs challenge hotel construction pace

hotelnewsnow.com Featured Articles 16 October 2018
Speakers at the recent Lodging Conference say a labor-shortage-driven dearth of quality contractors and subcontractors and tariff-induced higher prices for key materials are slowing the rate of construction enough for it to be a concern in the U.S.

Amsterdam anti-tourism measures spark ADR, investment

hotelnewsnow.com Featured Articles 11 October 2018
Amsterdam’s 18-month freeze on hotel development is polarizing hoteliers, but the city remains one of the most attractive hotel investment markets in Europe as the scarcity of properties forces prices higher.

Why alternative hotel data is essential

hotelnewsnow.com Featured Articles 10 October 2018
Though competitive ADR, occupancy and RevPAR data reports do a good job of benchmarking performance against competitors, there are some drawbacks to the reports that hotel owners should think about.

Unlocking hotel value on the F&B frontier

hotelnewsnow.com Featured Articles 9 October 2018
Most hotels leave a considerable amount of money on the table by ineffectively managing their food-and-beverage departments, which adversely affects department profitability and—as hotels are typically valued based on cash flows—hotel valuations.

Hoteliers slightly more positive in 2010

hotelnewsnow.com Featured Articles 8 October 2018
HNN recaps 5 things to know from 2010 with stories and videos as part of its look back at 10 years of the hotel industry.

Revenue-management, sales-and-marketing execs talk ROI

hotelnewsnow.com Featured Articles 5 October 2018
Sales-and-marketing and revenue-management executives provided asset managers at the recent HAMA conference with insights on how to work best with their teams.

STR: US hotel results for week ending 29 September

hotelnewsnow.com Featured Articles 4 October 2018
U.S. hotel occupancy rose 1.7% to 71.5% during the week of 23-29 September. ADR increased 7.3% to $137.31 and RevPAR rose 9.1% to $98.15.

The role hotels will play in the future of distribution

hotelnewsnow.com Featured Articles 4 October 2018
Topics of discussion during this week’s Direct Booking Summit in Dallas included the evolution of the booking process and how hoteliers cope and integrate emerging booking channels.

Technology Pulse: A roundup of digital news

hotelnewsnow.com Featured Articles 3 October 2018
This month’s roundup of news from the technology sector includes: AI helps hotel profitability; tech funding targeting real estate; and more.

Hotels lag in payment security

hotelnewsnow.com Featured Articles 3 October 2018
A recent study from Verizon shows compliance with payment security standards has dipped, and hospitality lags behind other industries in this area.

How and why hotels should prioritize spending on tech

hotelnewsnow.com Featured Articles 3 October 2018
Technology is a vital part of a hotel. These are the questions owners and operators should consider when investing in technology.

Analysts, economist assess hotel industry's health

hotelnewsnow.com Featured Articles 3 October 2018
Performance numbers presented by analysts at The Lodging Conference painted a pretty positive picture for the hotel industry, but an economist at the event predicted a number of economic challenges in 2019.

Labor, fair play, trade top industry leaders' worries

hotelnewsnow.com Featured Articles 28 September 2018
Executives on a panel at the 2018 Lodging Conference discussed what keeps them up at night, with labor being a main concern.

Fundamental sales plan helps address changing dynamics

hotelnewsnow.com Featured Articles 28 September 2018
Speakers at the Southern Lodging Summit at Memphis said sales, marketing and revenue management must collaborate and communicate swiftly to meet the basic needs of customers who are waiting longer than ever to give hotels leads.

Lodging Day Two: Execs underscore tech, consolidation

hotelnewsnow.com Featured Articles 27 September 2018
Technology and consolidation led the discussion during the second day of The Lodging Conference. During the “A view from the C-Suite” session, Hitesh Patel, chairman of Asian American Hotel Owners Association and owner of Capital City Hospitality Group, said the most important thing AAHOA members want from consolidated deals is the return on investment, a deal that makes sense and a seamless process.

STR: US hotel results for week ending 22 September

hotelnewsnow.com Featured Articles 27 September 2018
During the week of 16-22 September, the U.S. hotel industry reported occupancy dipped 2.3% to 69.9%, ADR was flat at $128.33, and RevPAR decreased 2.3% to $89.67.

Demand, group numbers lead US hotels in August

hotelnewsnow.com Featured Articles 26 September 2018
August, the last month before the U.S. hotel industry will begin to see tough hurricane demand comps from 2017, generated strong overall RevPAR and group demand performance.

Recession, uncertainty headline hotel industry's 2008

hotelnewsnow.com Featured Articles 24 September 2018
HNN recaps 5 things to know from 2008 with repurposed stories as part of its look back at 10 years of the hotel industry.

Voice automation is becoming part of guest experience

hotelnewsnow.com Featured Articles 21 September 2018
Smart speakers are poised to become an integral part of the hotel industry, and are likely to have a major impact on how guests shop and book hotels.

STR: US hotel results for week ending 15 September

hotelnewsnow.com Featured Articles 20 September 2018
U.S. hotel occupancy decreased 3.3% to 69.8% during the week of 9-15 September, and a 0.3% ADR decrease to $131.03 pushed RevPAR down 3.7% to $91.47.

The hotel metrics that point to New York's rebound

hotelnewsnow.com Featured Articles 19 September 2018
Continued demand growth in New York City has been a foundation of the market’s performance recovery.

Hoteliers see independents as 'long-standing' trend

hotelnewsnow.com Featured Articles 19 September 2018
Despite major brands adapting and adopting what independent hotels are doing, investors are still looking for true unique and independent properties in the short and long term.

Request Information

Thank you for your request, we will get back to you as soon as possible.
Close
Please enter your contact details below and we will get back to you with the requested information as soon as possible.
An error occured, please check your input and try again.


CancelSubmit

Newletter

Thank you for subscribing. Your email address has been added to our mailing list.
Close
To subscribe to the HITEC Bytes Newsletter please enter your contact details below.
An error occured, please check your input and try again.
I do want to receive the HITEC Bytes email newsletter.
By submitting this form, you have read and agreed to the Privacy Notice of HFTP.
You may unsubscribe to these emails at any time.
CancelSubscribe