William van Wassenhove

STR and Tourism Economics forecast lower-than-anticipated U.S. hotel performance for 2024. Full story: #HOTELS #hotelnews #hospitality #hospitalitynews #hotelindustry #hospitalitynews #hotelperformance

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Wyndham Hotels & Resorts and Decameron All Inclusive Hotels & Resorts have teamed up to offer more all-inclusive offerings than ever before! #hotels #hotelnews #hotelsandresorts #allinclusive #travelnews #travelindustrynews #traveltrade #travel #resortnews

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Simplify the hotel booking process: Interactive Pricing Filters at Your Fingertips We know that budget is a top priority for travelers when booking a stay. Our GX design methodology includes an intuitive feature that allows potential guests to toggle prices up and down, finding the perfect room within their budget at a glance. This feature ensures that users don't just see what's available; they see what's affordable for them, all in real-time and directly connected to the booking engine.

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PERE Hospitality Report 2024: navigating market disruptions in hospitality. Despite the current challenges in hospitality, there are significant opportunities for well-capitalized owners, says Rockbridge’s James Merkel. Read the full interview here: https://lnkd.in/esSPH5YU

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In an industry where personalized experience is key, AI offers a myriad of opportunities to enhance guest satisfaction and streamline operations.

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For the three months ended March 31, system-wide comparable RevPAR increased 2% compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 14.4% compared to the same period in 2023. #hospitalitynews #hilton #hotels #travel

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The hotel scuttlebutt du jour: Hyatt Hotels Corporation is reportedly in advanced talks to link up with Standard International, LLC, the parent company of Standard Hotels. Some might see it as Hyatt's latest lifestyle hotel acquisition after brands like Dream Hotel Group and Thompson Hotels. Some hotel snobs (not me, obviously. Cough.) would argue it's Hyatt *finally* bringing on legit lifestyle hotel experts who know a thing or two about what the competition and even certain existing Hyatt lifestyle brands don't have: staying power. More at The Points Guy: https://lnkd.in/exiFN_4E

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We talked to Rebecca Cocchiola at Singerman Real Estate about investment opportunities in the Caribbean. #hotelinvestmenttoday #hotel #hospitalitynews #hotelnews #hospitalityindustry #hospitality 

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📉 U.S. Hotel Forecast Downgrade: What It Means for You 🏨 STR and Tourism Economics have downgraded the 2024-2025 U.S. hotel forecast, reflecting economic uncertainties and shifts in traveler behavior. Understand the key factors influencing this outlook and how the hospitality industry can navigate the challenges ahead. 📖 Explore the detailed forecast: https://lnkd.in/gx9jPwx5 #Hospitality #HotelIndustry #Forecast #HSMAIHawaii

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🆕 The results are in: Affluent travelers are choose cultural experiences 🤝 over traditional luxury 💎 In recent research from Skift "luxury" in hotels is no longer just about the physical aspects of the property It's about #exclusivity 💫 , #authenticity 💫, and #experiences rooted in local traditions 💫 As a result, more bespoke, independent properties have a new and unique chance to truly compete with larger brands, known historically for their consistency of service. What unique experiences is your hotel bringing to guests? Read more in the comments 👇 #luxurytravel #hotels #experiences

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The recent downgrade in hotel forecasts by STR Tourism Economics, as reported by HotelDive, reflects ongoing challenges in the hospitality sector amidst evolving travel patterns and economic uncertainties. It's a reminder for hoteliers to innovate guest experiences, enhance safety measures, and invest strategically in technology and sustainability to navigate these challenges and emerge stronger in the long term. Collaboration and adaptation across the industry will be crucial in shaping a resilient future for global hospitality. https://lnkd.in/ggY9dBtX

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There has never been a better time to build a lifelong hotel career! AHLA's Front Desk Feedback survey of 456 hoteliers finds: 💰 86% of respondents have increased wages 🕖 52% have offered greater flexibility with hours  🏖️ 33% have expanded benefits Still, 76% of surveyed hoteliers report staffing shortages. AHLA is lobbying Congress and the administration for a variety solutions to grow the workforce. Learn more here: https://lnkd.in/eyzU9V-u

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Tourism and Hospitality: Emerging Trends and Strategic Insights According to a recent McKinsey report, the tourism and hospitality industry is poised for significant growth, driven by new travelers, destinations, and evolving trends. This sector is currently experiencing disruption due to shifting source markets, increased demand for experiential and luxury travel, and innovative business strategies. Stakeholders should focus on four key themes to navigate these changes effectively: Local and Regional Travel Despite the spotlight on international travel, domestic and intraregional tourism continue to dominate travel spending. Stakeholders should leverage the substantial opportunities available in local markets, as they represent the majority of travel activities and spending. Personalized Travel Experiences The demand for travel is booming, but modern travelers seek personalized experiences over generic offerings. Industry players should use customer segmentation and hypothesis-driven testing to tailor their value propositions. Those who fail to adapt risk being left behind in this competitive landscape. Evolving Luxury Travel Market The luxury travel segment is growing faster than any other, particularly in Asia. Luxury travelers are diverse, with varying preferences based on age, nationality, and net worth. Understanding and segmenting this market can help businesses cater to the nuanced needs of different luxury traveler demographics. Mitigating Overcrowding at Destinations As tourism grows, destinations must develop strategies to manage increasing tourist flows. This involves planning and investing in infrastructure, transportation, and workforce development, as well as preserving cultural and natural heritage. Accurate data analysis and capacity assessments are crucial for sustainable tourism management. source: https://lnkd.in/dMMj-EKE

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Check out this conversation between Entegra's Chef John Csukor and Dennis Nessler of LODGING Magazine, as they discuss the key food trends hotel operators need to know as well as tips on maximizing budgets and attracting guests through a great F&B offering. Learn more at https://lnkd.in/gc7XWAYR #FoodTrends #OperationalEfficiency #CulinaryExcellence

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At the New York University 46th Annual International Hospitality Industry Investment Conference last week, David Duncan sat down with Christina Trauthwein with Hotel Business Magazine to share valuable perspectives on the future of lifestyle hotels. David highlighted First Hospitality's growth, the evolving preferences of today's guests, and the innovative approaches we are taking to meet guests needs all while keeping the importance of creating unique, personalized experiences top of mind.    Watch the full interview here: https://bit.ly/4em0Em0

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The role of a butler has lately evolved far beyond its traditional confines. Today, a butler is not just a custodian of the household but a pivotal figure in crafting the essence of luxury and comfort. To excel, one must master a blend of skills that cater to the sophisticated demands of the 21st century.  From mastering the art of technology to seamlessly integrate smart home systems, to the nuanced understanding of global gastronomy, the modern butler is a symbol of versatility and elegance. It's about possessing unparalleled organizational skills, discretion, and the ability to anticipate the needs of those they serve. Elevating experiences with a touch of personalization and meticulous attention to detail makes the difference. In cultivating these essential skills, a modern butler doesn't just manage a household; they redefine the very essence of bespoke service and luxury living. #ModernButlery #LuxuryLiving #BespokeService #21stCenturySkills #EleganceInService #HouseholdManagement #SmartTechnology #GlobalGastronomy #Personalization #ServiceExcellence

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