The MGM Resorts International’s (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. The report solidifies the company’s commitment to creating a sustainable future and making a difference in the lives of employees, guests and …
Four Seasons Hotel Ritz Lisbon Reveals Extensive Renovation In 2021
So much more than a room renovation announcement, this is a serendipitous story that begins in 1959, when the Hotel first opened its doors. When highly acclaimed Portuguese architecture studio OITOEMPONTO was entrusted in 2019 to breathe new life in…
Three Ways To Make Your Hotel Company Attractive To Investors
As we emerge from the doldrums of the last year and watch demand trend upward, there is a great opportunity to create competitive advantages for your hotel company. Cash flow from new Investors can make or break any company’s runway to a sustainable…
Choose Kindness To Make A Difference In Marketing
Marketing is a part of all successful business, whether you’re selling yourself or selling a product. The relative merits of different marketing styles is a subject that not only could, but does fill many books. However, over the course of several d…
Oaky Presentation – Become a Rockstar at Upselling
Oaky is a hyper-personalised and automated upsell engine that helps hotels drive additional profit from their existing customers by delivering a superior guest experience. Browsing from best-selling upsell offers, hoteliers can add personalised gues…
New Report Shows Value Of IP To The Tourism Sector
A new report published jointly by WIPO and the World Tourism Organization (UNWTO) on the value of intellectual property in boosting tourism shows how the IP system creates a favorable ecosystem for innovation, entrepreneurship and investment in the …
COVID-19 Forces Hotel Revenue Management To Evolve: Breaking Down Silos And Maximizing Profits
Each economic crisis, in 1990, 2009 and now 2020, has forced changed in the hotel revenue management discipline. The most recent disruption, Covid-19, has created an acceleration in Artificial Intelligence plus the redefinition of certain segments o…
First Quarter Trading Update to 31 March 2021
Highlights Improvement in demand within the first quarter, led by the Americas and Greater China. Group RevPAR down 50.6% vs 2019 (down 33.7% vs 2020); continued industry outperformance in key markets. RevPAR reflects a 23%pts reduction in occupancy…
Business Travel On The Fly – Winners Of The Business Travel Journalism Awards 2020 On The Year That Caught Everyone On The Fly
The increase in selectivity will decrease the volume of flights taken by delegates and perhaps even give rise to the dawn of slow travel, In short, meeting attendees will become more selective and planners will have to prove the value of events in o…
Hilton Reports First Quarter Results
MCLEAN, Va. – Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its first quarter 2021 results. The following results reflect the material impact that the novel coronavirus (“COVID-19”) pandemic has had on Hilton’…