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All Eyes on Hotel Operating Costs in 2025: Lessons Learned in 2024
2025-05-05 20:53:02| Hotel Resource
With sluggish projections of revenue growth and fears of inflation on the rise, all eyes are focused on hotel operating expenses in 2025. In this article we focus on select operating expenses that were on the rise in 2024 and provide guidance on how to monitor and control them in 2025.
Category:
Hospitality
LATEST NEWS
Mews Unfold Highlights: From Chaos to Clarity & AI's Role in Hotel Industry Transformation
2025-05-05 20:46:07| Hotel Resource
Linda Fox of PhocusWire reports from last week's Mews Unfold event and explores the hotel industry's engagement with artificial intelligence (AI), emphasizing the need for clean, centralized data, employee training, and the careful selection of AI applications to enhance customer experiences and operational efficiency.
Category:
Hospitality
Loyalty As a Value Multiplier in Hospitality & By Philip Bacon
2025-05-05 20:12:46| Hotel Resource
In the hospitality industry, loyalty is essential for guest retention, profitability, asset valuation, and sustainable growth. Loyalty programs of major hotel chains had gained over 500 million members by the end of 2024, marking a 69% increase since 2018.
Category:
Hospitality