Uplift is sponsoring the HSMAI Commercial Strategy Conference in Charlotte next week. Stop by the Uplift booth to meet the Hospitality team and learn more about Buy Now Pay Later and the many benefits of Uplift! https://lnkd.in/dd8gR4fg #HSMAI #BuyNowPayLater #HospitalityNews
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HSMAI Insight: Creating a Total Revenue Management (TRM) Culture In a virtual roundtable discussion hosted by HSMAI Europe on Thursday last week, senior revenue management executives gathered to delve into the evolving landscape of Creating a Total Revenue Management (TRM) Culture in the hospitality sector. The discussion was moderated by Shumi Khan, SVP Business Intelligence & Revenue Management Accor Hotels and Chair of the HSMAI Europe Revenue Optimization Advisory Board. Read More: https://bit.ly/3WvNPPj #hsmai #hospitality #revenue
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UKHospitality has reiterated its support cost effective operations to prevent closures and capitalise on growth opportunities. The cost of operating a business in the UK hospitality sector has now reached extraordinary highs, according to UKHospitality. Read more here: https://lnkd.in/gSYp3C7x #ukhospitality #costeffective #sector #increase #revenue #increaseinrevenue #operations
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MPISSN recently produced an education session at the #CalSAE #SeasonalSpectacular event entitled "Optimizing Revenue in Hospitality - A Revenue Management Strategies Deep Dive." Jon Yamashiroya, Omni Regional DORM presented an incredible presentation that help shed light on innovative approaches to boost revenue in the hospitality industry. Kudos to MPISSN and Helms Briscoe (sponsor) for bringing such valuable content to the event. #SeasonalSpectacular #MPISSN #HelmsBriscoe #HospitalityRevenue #EducationalSession"
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AWC announces record-high growth in Q1/2024, expanding quality asset portfolio to meet growing demand in tourism sector, with the hospitality EBITDA increasing by 83% compared to pre-COVID period. . 📌 HOTEL EBITDA increased significantly to THB 1,401 million (excluding Fair Value), representing 83% growth compared to 2019. 📌 Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) peaked at THB 6,298 and THB 4,711 respectively. 📌 Q1/2024 Business Unit EBITDA (BU EBITDA) increased significantly to THB 2,020 million, representing 38% growth compared to the same pre-COVID period in 2019. 📌 AWC continues to increase operating assets based on its GROWTH-LED Strategy, generating total asset value growth of over 80% compared to pre-COVID levels. The company also emphasizes on developing Retail Destination and implementing the ‘Co-Living Collective: Empower Future’ experience for Commercial Business Unit, bolstering assets from Ramp Up stage to Business As Usual (BAU) stage to deliver sustainable value to shareholders and stakeholders alike. . In Q1/2024, AWC’s fixed assets totaled THB 149,550 million in value. Operating assets accounted for THB 109,526 million of the total amount. . Read more: https://lnkd.in/dhF9fz8w . #AWC #AssetWorldCorporation #EarningRelease
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Insightful UK Hospitality & Grocery Data | #1 Provider of Card Spending Insight, Pricing & Review Data | Unique Data & Analytical Capabilities | Driving Smarter Decisions for Operators & Suppliers
Congratulations to The Tamworth Tap which has been named the Campaign for Real Ale 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐮𝐛 𝐨𝐟 𝐭𝐡𝐞 𝐘𝐞𝐚𝐫 for the second consecutive year, only the second pub ever to achieve this feat. Following on from my post earlier this week, the 𝐒𝐢𝐭𝐞 𝐈𝐧𝐭𝐞𝐥 𝐏𝐫𝐨 data from Hospitality Data Insights (HDI) is mind-blowing in terms of its ability to show what's happening within the four walls of a business. A quick look at the performance of The Tamworth Tap versus its local competition within a 1 mile radius shows that its not just winning awards, its performing really well as a business too: 🏆 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 - The Tamworth Tap is the biggest winner year-on-year, successfully growing its market share of the Top 20 local venues. 💸 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐒𝐡𝐚𝐫𝐞 𝐨𝐟 𝐖𝐚𝐥𝐥𝐞𝐭 - The Tamworth Tap is attracting a bigger % of spend year-on-year from its own customers, with its share of wallet up by 3.9% versus last year. 🔄 𝐇𝐢𝐠𝐡 𝐕𝐢𝐬𝐢𝐭 𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐜𝐲- The visit frequency for the Tamworth Tap is noticeably higher than its local competitors, showing that if you're a great pub, people will come back time and again. Give me a shout if you'd like to find out how 𝐒𝐢𝐭𝐞 𝐈𝐧𝐭𝐞𝐥 𝐏𝐫𝐨 can benefit your business: 📧 [email protected] #HospitalityData #SiteIntelPro #hospitalityconsulting #hospitalitysolutions #ukhospitality
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Thrilled to share a glowing testimonial from one of our valued clients! 🌟 FPG's strategies have significantly boosted their incremental revenue. Experience the difference with FPG. #FrontlinePerformanceGroup #FPG #Hospitality #FrontlineUpselling #HotelIndustry #HotelServices #FPGSuccess #ClientTestimonial #RevenueGrowth #BusinessTransformation
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Have your guest loyalty scores plateaued? Need to find new strategies to boos that loyalty? Join our webinar on March 7th at 1PM CST to learn 5 ways to boost your loyalty recognition! Register today using the link below: https://buff.ly/4a3ZuZt #guestloyalty #webinar #hospitality #hospitalitytips #ihg #kipsu
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Join our team for this live webinar to explore how Kipsu can help your property increase guest loyalty and satisfaction! + A recording will be sent to all registrants in case you can't make it to the live 💻 #Kipsu #GuestLoyalty #Webinar #HospitalityTech #Hospitality #IHG
Have your guest loyalty scores plateaued? Need to find new strategies to boos that loyalty? Join our webinar on March 7th at 1PM CST to learn 5 ways to boost your loyalty recognition! Register today using the link below: https://buff.ly/4a3ZuZt #guestloyalty #webinar #hospitality #hospitalitytips #ihg #kipsu
Kipsu + IHG: 5 Ways to Boost Guest Loyalty
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Throughout 2023, GJC actively supported the UK hospitality industry. We recognised its growth potential and the significant recovery underway, particularly among larger players with substantial resources. We dedicated ourselves to helping smaller to mid-tier hotels capitalise on this growth as well. We understand the unique challenges faced by these businesses, having witnessed first hand the successes and challenges that define the hospitality industry. Using our knowledge and experience, we continue to empower hoteliers and their investment teams to secure their share of the recovery. For example, we recently helped a hotel on the south coast overcome challenges with costs, staffing, and bookings, ultimately securing their future. In 6 short months we; 🚀 We took occupancy rates from 21% to 73% through better websites, booking facilities and room management. 🚀 We also secured over £250K in tours bookings through great partnerships. 🚀 Reduced operating costs for terminals and payment machines, achieving a cost saving over over £15,000. Reviewing spend and analyse where cost savings could be made. We made a massive difference to this client in a short period of time pivoting them away from a distressed sale. #hospitalityhelp #GJC #Hotelinvestment
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🎥 Another insightful video by the GBTA | Accommodations Committee featuring Christiane Cabot Bini, Nina Marcello and Brian Sullivan. Tune in to hear them discuss how supply and demand in certain markets influence pricing strategies, including fixed rates and dynamic discounts. Our committee will explore this topic in greater depth during our GBTA Convention session, "Strategic Sourcing: Decoding Data for Success in the 2025 Hotel RFP Season." If you're attending the convention, don’t miss out on this session! 🏨📊 #GBTA #BusinessTravel #HotelRFP #TravelManagement
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