Introduction I’ve been kicking around Sri Lanka’s hotel scene for over ten years, and let me tell you, going green isn’t just about hugging trees—it’s a cash machine. Sure, saving the planet’s a big deal, but it’s also about pulling in those eco-obsessed travelers who’ll drop extra bucks to feel good about their trip. This […]
Introduction Having spent over two decades in the hospitality industry, I've witnessed firsthand the transformative power of effective revenue management strategies. Back in the early days of my career, I recall working at a quaint bed and breakfast in Napa Valley. While the location and charm were undeniable, occupancy rates fluctuated wildly throughout the year. […]
Introduction Having spent over 15 years in the hospitality industry, I've witnessed firsthand the transformative power of innovative strategies in maximizing hotel revenue. The global hospitality market is on an upward trajectory, projected to reach a value of $7.9 trillion by 2025 according to Statista]. This presents an exciting opportunity for hotels to tap into […]
Having spent over 15 years in the trenches of the hospitality industry, I've witnessed firsthand the transformative power of innovative strategies in maximizing hotel revenue. The hospitality industry is a dynamic landscape, and those who embrace change and adapt to evolving guest expectations are poised for success. This comprehensive guide delves into 10 key hospitality […]
The travel and tourism industry is experiencing a resurgence after a period of stagnation. As wanderlust takes hold again, travelers are increasingly prioritizing sustainability when making travel decisions. A 2023 Booking.com Sustainable Travel Report found that 73% of global travelers intend to travel more sustainably in the future. This presents a significant opportunity for hotels […]
The travel and tourism industry is a constantly evolving landscape, shaped by a complex interplay of economic, social, technological, environmental, and political factors (PESTEL analysis). Understanding these trends through tourism industry analysis is crucial for hotels to optimize their revenue strategies and stay ahead of the curve. This article, written by a seasoned hotel revenue-generating […]
The hospitality industry is booming, with global revenue projected to reach $1.5 trillion by 2028 (Statista, 2023). Yet, competition is fierce, and hoteliers are constantly seeking innovative ways to maximize revenue and stay ahead of the curve. Annual hospitality reports provide a treasure trove of valuable insights and data that can help you optimize your […]
The hospitality landscape is constantly evolving, driven by tech-savvy travel trends. Hotels must adapt to these trends to remain competitive. As a hotel revenue specialist with Emersion Wellness, I've seen how embracing tech-savvy travel trends impacts a property's bottom line. We've helped hotels implement revenue-boosting strategies, including wellness programs like our weight loss program, which […]
The hospitality industry's constant evolution demands smart tourism strategies for hotel revenue growth. This article explores seven key strategies, from tech adoption to personalized guest experiences, that can significantly boost your bottom line. Drawing from my experience with hotels and at Emersion Wellness, I'll show how these strategies, including wellness program integration, can transform hotel […]
The hospitality industry thrives on understanding and adapting to seasonal tourism patterns. As a hotel revenue specialist, I've seen firsthand how effectively leveraging these patterns can significantly impact a property's bottom line. Hotels that ignore these trends often struggle, while those that embrace them can achieve remarkable success. This article will explore seven proven strategies […]