Stories
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How An Integrated PMS Helps Grow TRevPAR
In case you need a refresher on your acronyms, TRevPAR stands for total revenue per available room. The key difference between it and RevPAR is that it takes into account all other outlet purchases from each guest to give a…
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All Part Of The Plan
NEWTON, MA–Describing domestic franchising as a “when, not if” proposition all along, Sonesta International Hotels Corp. President and CEO Carlos Flores detailed the company’s recent launch of a global hotel franchising organization as well as its growth strategies going forward.…
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The Power Of Pent-Up Demand
Citing pent-up demand for travel and increased future bookings, as well as a recent uptick in performance, a trio of hotel executives expressed optimism about a lodging industry recovery occurring sooner than later. Speaking on a panel entitled “Executive Outlook:…
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Reaping The Rewards
For more than a decade Distinctive Hospitality Group (DHG) has made a habit of being proactive with its portfolio consistently reinvesting in its unique, high-end hotels. This strategy has served the company well in general, but even more so during…
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Testing New Technology
It’s certainly no secret that the ongoing pandemic is likely to profoundly accelerate the use of technology in many aspects of daily life going forward, including hospitality. Technology was front and center for the lodging industry this week as a…
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Hope For The Holidays
What a difference a year makes…or does it? That’s the sentiment of many frustrated hotel industry executives, not to mention the general population at large, as we still try to make our way out of this pandemic and back to…