Inflation may finally start to cool, but the hospitality industry is still battling the rising cost of food. According to the Bureau of Labor Statistics, in January 2024, the food index increased 2.6% over the last year, with food prices rising 0.4% from December to January. Yet it’s not just rising food costs causing challenges […]
Revenue leadership at Frasers Hospitality Pte Ltd believes that technology spend will increase in 2024, with tech infrastructure, cybersecurity, integration, and AI solutions being at the top of the priority list, according to Sheran Loh, Vice President, Revenue Management (Corporate), Frasers Hospitality. She also predicts talent continuity will remain one of the key challenges for […]
The Hotel Moment podcast — episode 78 In this week’s episode of the Hotel Moment podcast, Karen Stephens, Revinate CRO, and Greg Friedman, CEO of Peachtree Group, crack open the window to long-lasting financial performance for hoteliers. Friedman analyzes which metrics hoteliers should focus on, how to capitalize on demand drivers, […] The post Status […]
Singapore, 06/03/2024: Hotelogix, a globally leading cloud-based hospitality technology provider, proudly announced that it has become the leading Cloud-based Property Management System for Hotels in the Philippines. This significant milestone was achieved following the successful signing of 57 properties with 7437 rooms belonging to the Global Comfort Group Corporation (GCGC), marking a monumental moment in […]
Revinate’s 2024 Hospitality Benchmark Report has just been released, with a format that is even more engaging. This year’s report offers an in-depth analysis of over 1.8 billion emails and more than 37 million guest reviews from 2023. With the data thoroughly reviewed, we’re excited to share actionable insights aimed at enhancing your direct revenue […]
