Post Date: 28 Apr 2019 Takeaways : While Vivanta will be led by new construction, SeleQtions will primarily be a conversion brand. The positioning will be anything between upscale and upper-upscale, which is market driven. Although they are part of the global subcontinent story, they are completely local in terms of customer needs and experience. […]
Takeaways : A BIG Milestone indeed for a company that began as a nine-stool root beer stand in 1927 and didn’t even open its first hotel until decades later. On track to open 1,700 additional hotels by the end of 2021 Signed pipeline at the end of 2018 totalled a combined 1.69 million rooms [Read More…] https://www.traveldailymedia.com/marriott-7000th-hotel-reflects-the-tremendous-opportunity-in-asia/
Takeaways : Facebook saw 51% drop in reviews as they shifted from reviews to Recommendations. TripAdvisor has been losing market share(since 2015) and saw 21% decrease in 2018 Hoteliers have increased their Response rate across the board My Guess : #GOOGLE is likely to dominate the Reviews space for years to come. #TripAdvisor need to revisit their Strategy […]
Takeaways [ Dated 5 Apr 2019 ] : The Three Phases of Hospitality : 1960 – 2000 Simple Model & Mass Marketing helped [Lasted 40 Years] 2000 – 2015 Client Minded brands like Booking.com, TripAdvisor & KAYAK came in… Customers like their offerings…resulted in Major Disruption [Lasted 15 Years] 2015 – By now, the OYO’s, […]
Takeaways : [ Article dated 1 – Apr – 2019 ] OYO now valued around $5 billion. The company has now raised more than $1.5 billion from investors. Airbnb, with its #HotelTonight acquisition, has shown it wants to be a booking destination across different types of verticals. OYO is also gunning for Southeast Asia, where […]
Takeaway : Serving 68 million customers “EveryDay”/ a $300 million acquisition/ In 2018 alone McD tallied nearly $6 billion of net income, and ended the year with a free cash flow of $4.2 billion/ The Technology is expected to be implemented in 1,000 locations within the next three months, eventually rolling out to the company’s 14,000 […]
The latest talked about metric in Hotel F&B Operations space is here…#REVPASH !! Revenue Per Available Seat Hour: Meaning, how much did a restaurant earn by Hour, per Seat; linked to the number of seats available to offer to guests!! Let’s start with the Positives: A Stakeholder Metric that helps in having a “Closer” view on the […]
