Is it finally time for the Indian hotel industry, which has long struggled with a manpower shortage, to test the viability of the gig economy beyond food delivery?
Is it time for the Indian hotel industry to pursue a well-defined localization strategy, given changing consumer preferences and market dynamics? Continue reading to learn more.
Given the high average rates achieved over the last quarter, Nationwide RevPAR is now onpar with 2019 through the month of September. Average rates need to be held firmly to continue onpar as Business Travel and Meeting and Group are not back yet.
This article provides an overview of Cortina d'Ampezzo, one of the most prominent ski resorts in Italy and host, together with Milan, of the upcoming 2026 Winter Olympic Games. Besides examining the historical tourism trends and the latest news, the article tries to assess the short- and long-term impact of the Olympic Winter Games on the destination.
Revenue managers should think like options traders. The COVID-19 pandemic and subsequent recovery taught hotel operators that average daily rates can be extremely volatile. Revenue-management strategies focused on total guest spend can help mitigate the risk involved in achieving RevPAR share through a high ADR. Management companies need to incorporate techniques and practices to evaluate all possible revenue-generating strategies.
Autism awareness is an effort HVS supports by engaging with Autism Double-Checked, an organization that provides education and training about this disability. We encourage you and your hotel operations team to contact them and learn more.
Despite increased efforts, the Indian hotel industry's sustainability initiatives are still limited to hotel operations. Hotels are often criticized for their conspicuous consumption and a concerted effort to reduce consumption and waste across the board is now needed. Read on to know more.
Hotel Franchising in Europe is an update of our previous report published in 2019. This report aims to assist owners in increasing their understanding and awareness of the franchise business model and current market trends. The fees outlined in this report apply solely to hotels operating in Europe.
As the hospitality industry reopens, organizations face challenges that include labor shortages, rampant inflation, and soaring demand. An active mergers and acquisitions (M&A) market and widespread global instability are compounding the issues, forcing executive teams to find innovative ways to survive and thrive.
Many hotel owners are now understanding how crucial it is to work together with experienced, professional asset managers to assess and enhance their hotel's performance. Read on to know more.