Frank Bosi

For the three months ended March 31, system-wide comparable RevPAR increased 2% compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 14.4% compared to the same period in 2023. #hospitalitynews #hilton #hotels #travel

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I found this article from Hospitality Net to be a very good one, thus I'm passing it along as valuable, despite the very ominous-looking images they chose to put in the AI-generated illustration. It's not a doom-and-gloom treatise at all. The writer makes a terrific case for more information-sharing between #hotel #revenue teams and asset management. It lends itself to something that I find myself saying in more than a few training/coaching workshops: "The more everybody knows and understands, the more everybody benefits." Areas such as training & development, investment in technology, flexibility in plans and a meaningful incentive structure are included - all key points for productive partnerships for success. #hotels #hotelsales #salestips #Motivationalspeaker #businesscoach #hospitalitycoach #hospitalityconsultant #twistthefamiliar #hbinbroad #hotelsandresorts #hospitality #eventprofs https://lnkd.in/gtY6Ab6D

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In this episode, Dennis Nessler discusses what to expect in 2025 from an industry perspective with Eric Jacobs, chief global growth officer, Aimbridge Hospitality, and Michael Blank, principal, Woodmont Lodging. https://lnkd.in/eBCxcq9J #Hospitality #LODGING

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With 2025 around the corner, you might be thinking about what your hotel can do to give your guests an even better experience in the new year. That’s where trends are handy. These give you a sense of what matters most to your guests. According to this piece from Hospitality Net, sustainability is going to be the biggest trend shaping hospitality in the new year - so much so that it’s estimated that over 70% of travelers care about their carbon footprint and the environment. We can help! Did you know that integrating Nostromo’s IceBrick® can keep your hotel cool without affecting mission-critical operations?! And in the process, you can reduce your hotel’s carbon footprint and slash your energy costs. Reach out to learn more. https://lnkd.in/dBYGEwKS #CoolingGlobalWarming #EnergyStorage #TES #decarbonization #hospitality #hello2025

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What do tech-savvy hotel operators have in common? 🤔 Find out in this insightful article on HotelTechReport.com from our very own Director of Sales for North America, Bryan Knapp 👇🏨 https://hubs.li/Q02Fw_tv0

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In an article published last week in LODGING Magazine, Knowland’s Katrina Pruitt-Andrews, MBA explores how hoteliers can foster better relationships with #MeetingPlanners, as increased demand is adding pressure to deliver faster and more accurate proposals.   Several of these tips are focused on optimizing the sales process for group events and minimizing response times for RFPs. Many of our meeting planner clients are finding that the best way is to skip the RFP process entirely with #GroupSync’s Instant Booking capabilities, or at least pre-qualifying properties using an array of data filters to identify properties that meet the event criteria.   To learn more, read the article in the comments.

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Thanks for the shout out, BizBash, in this great article on the emerging hotel trends for 2024.

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Midyear Hospitality Market Reports Now Available! Hotel recoveries across the country are taking on more nuance as leisure and business travel trends continue to evolve. Following rapid improvements post-lockdown, many major markets are now navigating the impact of inflation on travel behaviors. Business travel and international visitors are driving hotel room demand in several metros, while domestic leisure travel is expected to pick up as pricing pressures ease. Highlights include: - Occupancy, ADR, and RevPAR forecasts for 34 major markets - Travel trends and their effects on hotel performance and investment sales. - Performance breakdown by service level. Download the full reports: https://lnkd.in/gr6wNJU3 #cre #hospitality #commercialrealestate

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How are customers re-defining 'value-for-money' in hospitality? See how these changes will impact the future of the hospitality industry #hospitalityindustry #hotelbusiness https://lnkd.in/eyBb5Du

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The launch of our playbook is a game changer for large events, conferences, and conventions. Learn how to level up your sales and marketing strategy with Threshold 360's immersive visual tools. Download the playbook here: https://lnkd.in/eS4uMh2X #playbook #conference #convention #sales #marketing

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In the third quarter of 2024, hotel companies saw their pipelines grow to record sizes, with hotel conversions leading growth, and RevPAR increase, bolstered by healthy group travel and luxury hotel demand. via Hotel Dive https://lnkd.in/gySbSYZD

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INTELLIGENCE The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through 29 June. Read about it here! https://lnkd.in/gpeu49UC #hotelindustry #ushotels #performance #comparisons #data #costar

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Economic issues are never far from the mind of travel executives, and here's a rundown of different ways the state of the economy impacts the industry. https://hubs.li/Q031cFWw0

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How effective is your team's communication, especially between different departments? Derek Pando from Relay notes that in large hotels, you're 4x more likely to work across departments, and in luxury hotels, the likelihood is 3x higher. He says better communication across departments increases the level of service and quicker outcomes for employees. Check out the full episode in the comments and make sure to 👍 and ➕ The Modern Hotelier! #TheModernHotelier #Podcast

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