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| Hotel Real Estate Trends |
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| Greetings from Los Angeles and the beautiful Hyatt Regency LAX! Today, we kicked off Meet the Money® 2019 – the National Hotel Finance & Investment Conference hosted by JMBM’s Global Hospitality Group® – with the LIIC Top Ten. Presented by my friend, Mike Cahill, CEO and Founder of HREC and one of LIIC’s co-chairmen, the LIIC Top Ten reflects the perspectives of the industry’s most active members in the hospitality market. Read more |
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| Global Air Travel Trends |
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| Freight markets experience challenging February - Total freight 12-month rolling average inches closer to zero growth Read more |
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| U.S. Airline Industry Performance |
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| U.S. scheduled passenger airlines reported a 2018 after-tax net profit of $11.8 billion, the sixth consecutive annual after tax profit, and a pre-tax operating profit of $17.6 billion, the 10th consecutive annual pre-tax profit. Read more |
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| The Human Touch |
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| Brands today have reached a rather exciting crossroad within this digital age. On the one hand, consumers have expressed an undeniable demand for an increase in their digital experience that perpetuates a culture of convenience and instant gratification. However, on the other hand, there still exists a need for human touch across various touch-points within the consumer experience. Read more |
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| Infographic |
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| Get the latest infographic from Cendyn to see how hotel data visualization can help you unlock the transformational power of storytelling and close the insights-to-action gap. Read more |
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| U.S. Employment Trends |
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| Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent. Notable job gains occurred in professional and business services, construction, health care, and social assistance. Read more |
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| Hospitality Financial Leadership |
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| When I work with hotel clients around their financial leadership it’s often centered on getting the team to do their monthly financial forecast. A greater interest in doing it produces better and more consistent results. When doing financial leadership workshops and individual coaching, I inevitably discover the same thing time and time again. It’s the disconnect between the executive team/director of finance part of the operation and the department line managers. In this piece I am going to explain why this disconnect exists, how to detect it and what you can do to fix it. Read more |
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| Restaurant Survey |
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| A new Google survey of 1000 Canadians between the ages of 18 and 65+ explores the things that lead to restaurant selection with some interesting results Read more |
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| Sabre SynXis Platform |
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| Corporate travel is on the rise in the region, but people are doing it differently Read more |
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| Online Hotel Booking Trends |
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| An analysis by SiteMinder today reveals that direct bookings have plummeted from constituting 94 percent of the €7.4 billion made in online hotel sales in Italy 10 years ago to constituting only 20 percent of the €11.6 billion estimated this year. Read more |
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| The Direct-booking Debate |
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| When those in the hotel industry talk about selling hotel rooms, the conversation frequently turns to a diatribe on direct bookings - the great need for them, how to get them, how much money to spend on them, and how to keep them. If this industry is to evolve, the direct-booking debate also must change. Read more |
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