❓low occupancy, downfall in the business, a major hit on Hotel revenues. What are your personal /professional views on how to kick-start the revenue growth cycle in particular and what measures can be taken by Hospitality Business so as to promote Hotels and get back the customers into our properties? [I received this 📩message on my Linkedin message window […]
Post Date: 017 Nov 2019 || Takeaways : this was waiting to happen…soon or later >> Now that Google also started selling Hotel rooms, OTAs have an uphill task to 1) Advertise on Google to attract business 2) Compete with Google on pricing. Expedia Group Inc. fell the most in 14 years on Thursday and […]
Post Date: 02 Oct 2019 || Key Takeaways : STR is the premier global provider of data on hotel performance and market dynamics Commercial real estate information provider CoStar Group will acquire STR for $450 million in an all-cash deal. STR expects to post strong revenue of $64 million in 2019, with about $16 million […]
Post Date: 19 Sep 2019 || Takeaways : 1 > Chandigarh👍winner on all fronts 2 > Q2 BAD on Occupancy and ruined the momentum of Q1 3 > Ahmedabad & Goa in same order…a painful story 4 > Is Goa performance a reflection of the economy?? just a thought… What’s ur opinion?? !! || Also, 4 […]
Post Date: 05 Sep 2019 || Takeaways : MUSTRead : Just like for every winner, Hoteliering is as simple as “Taking good care of your guests”, Mr Todd explains [ in this Hospitalitynet article] how one can get it almost right through practicing these 4 mantras. While the exhaustive list can go on and on […]
Post Date: 29 Aug 2019 || Takeaways : MUSTRead : for every #Hotelier out there. By far, one of the Best & Comprehensive article i have ever read on this subject… Kudos to Xotels – Hotel Management Company team !! worth reading & sharing for months to come…content is such timeless & ever relevant… http://bit.ly/TotalRevenueManagement #RevenueManagement#TotalRevenueManagement#hospitalitytrends#hospitalityindustry
Post Date: 06 Aug 2019 || Takeaways : Commendable point of view : ‘It’s more important than ever that companies challenge themselves to operate responsibly’ It would mean bulk-size amenities will be placed in the bathrooms of its 843,000 rooms around the world by 2021. The Hotel teams will take care of the replenishment & […]
NextBigThing: I call them #Earines !!
Kiran Varri
Everyone likes to be informed. Informed 24/7 !! updated with…
Post Date: 18 May 2019 || Takeaways : Three-year, Rs 4,000-crore investment platform to acquire hotels in the luxury, upper-upscale and upscale segments Partnership to pursue acquisitions in an “asset-light format,” favouring management contracts over complete property ownership. Under the deal, equity contribution from IHCL will be 30% with the rest to be contributed by […]
Post Date: 07 May 2019 Takeaways : Highest PAT growth in 11 years at Rs 287 cr for fy2018-19 10% revenue growth and 25% EBITDA growth at Rs 913 cr Aspiration 2022 : Their reimagined brandscape : signed 22 hotels with an inventory of over 3200 rooms across brands in India and key international markets […]
