The latest global hospitality quality stats, understanding the four primary revenue drivers and more...

The latest global hospitality quality stats
Thursday, 8th June 2023

Check the latest global hospitality statistics for 2023, including review volume evolution, impact scores, and defining trends shaping the travel industry.

Happy travelers spend more, book again, and promote your brand. How do you increase your visitors' satisfaction as a hotel, destination, or booking platform? >>

The China Outbound Tourism Market Intelligence report launches
8 Jun 2023 : With the restart of China’s outbound tourism getting into full swing, it is time for a publication which provides the necessary data and insights every week to reconnect with the new wave of Chinese travellers >>

ICCA launches Global Advocacy Alliance in partnership with European CVB Alliance and IMEX 2023
8 Jun 2023 : How can National Convention Bureau leverage their influence for Sustainability? >>

Survey finds that 81% of respondents are going on 'carpe-cations' this summer
8 Jun 2023 : The new phrase has been coined due to an influx of travelers going into the season with a 'seize the day' attitude >>

HIGHLIGHT ARTICLE

Understanding the Four Primary Revenue Drivers for Hotels
Thursday, 8th June 2023

Exclusive Feature: Generating revenue is the primary goal of every business, and hotels are no exception, so to achieve success in the hospitality industry, hotels rely on four primary revenue.

These drivers are: rooms, meetings and events, food and beverage, and ancillary services.

Each of these pillars plays a vital role in determining a hotel's financial success, and understanding how they contribute to the bottom line is crucial >>

Nothing Is Free, Even Free Shipping
Free is often an illusion, it looks free and may be advertised as free, but it’s not free.

I’m not saying a company that claims something is free is lying. As consumers, we must be careful and understand the difference between what is truly free and what is perceived as free. And as businesses, we must be cautious about what we promise >>

In case you've missed it: Global eNewsletter of June 07, 2023
The Relentless Rise of Branded Residences, The Golden Age of Travel Disruption is Here and more >>