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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Author: mradmin

The Impact of QR Code Integration in Hotels

QR codes are revolutionizing the hospitality industry, from the booking confirmation to post-checkout messaging. Here are just a few ways QR codes are being used to enhance the guest experience: Arrival: Upon arrival, upselling opportunities and guest requests can all be facilitated through QR codes.  A best practice is to put QR codes on the..
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Asset Manager hotelAVE Bullish on Corporate, Group Travel Expectations

In a recent call hosted by Truist, hotelAVE an shared optimistic outlook for 2024 for corporate and group travel. Despite ongoing workplace dynamics, corporate and group travel are expected to experience significant RevPAR growth, with a projected increase of 5.8% year-over-year and a 12% improvement relative to the 2019 baseline. Other key takeaways: Challenges persist..
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Want to Save Money and Reduce Utility Costs? Here’s How.

As the hotel industry addresses its energy challenges, hotelAVE offers valuable insights into cost reduction and sustainable practices. Explore strategies like energy audits, personalized energy reduction plans, and performance monitoring to efficiently cut utility expenses. From fine-tuning guestroom temperatures to adopting efficient lighting and water systems, these approaches deliver both financial savings and environmental…
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The GOP Squeeze: How Asset Managers Maximize Hotel Profitability

As economic challenges, such as a potential recession, still-rising interest rates and wage increases loom, asset managers must identify areas of improvement to ensure sustained profitability. Focusing on operational performance is a key strategy to blunt their effects—and that’s where strong asset management comes into play. Read Full Article.. Download PDF file
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Are U.S. Hotels Ready for ‘Revenge Travel’ from China?

Are U.S. Hotels Ready for ‘Revenge Travel’ from China? China is set to relax international travel restrictions following three years of strict quarantine policies. In 2019, China stood as the fifth-largest contributor of international travelers to the United States, with nearly 3 million visitors, as outlined in the International Trade Association’s “China—Country Commercial Guide.” With..
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