CBRE Asia Pacific’s Post

🌎 Latin American Hotels Aim to Streamline Efforts to Reduce Operational Burdens 🌎 The State of Distribution Report 2024 (https://lnkd.in/g2E_pbTP), a joint effort by HEDNA, NYU SPS Tisch Center of Hospitality, and RateGain, reveals where hotels in Latin America are focusing to reduce their efforts. Over 140 industry professionals, representing more than 11,000 hotel properties, have shared their priorities. 🔍 Top Areas for Effort Reduction: 1️⃣ Updating New Rate Packages 2️⃣ Monitoring Rate Parity 3️⃣ Optimizing Paid Campaigns These insights are pivotal for understanding the evolving needs of the hospitality industry in Latin America. As the landscape continues to shift, focusing on these areas can lead to enhanced efficiency and better guest experiences. 📈 Get the full report and dive deeper into these findings: https://lnkd.in/g2E_pbTP #Hospitality #HotelManagement #RateGain #LATAMHotels #HotelIndustryInsights #HospitalityTrends #StateOfDistribution2024

🌟 Leading the Way: Key Trends in Hospitality Success 🌟 According to several studies on the hotel market overview, booking demand rises in every area, signaling hospitality's revival. With a whopping 7% growth rate in 2023, or $4,699.57 billion, the market is predicted to skyrocket to $5,816.66 billion by 2027. This is a golden time for hoteliers globally to establish and restart operations with a visionary mindset and a close watch on these emerging trends. https://bit.ly/4aY4r6w #TRGInternational #HospitalityIndustry #Hospitalitytrends

According to an article in Hotel News Now, group demand is coming back at a stronger clip in 2024, and for some hotel companies it’s shaping up to be a landmark year. HNN reporter Dana Miller interviewed sales leaders at some of the world’s top hotel brands and management groups, including Marriott International, Hilton, Highgate and Davidson Hotels Co to get an outlook on revenue growth for the year—and all pointed to groups as a driving factor in increasing demand in most markets. That’s good news for planners—and with #GroupSync’s ability to simplify the process of shopping, comparing and booking group hotels with both rooms and event space—they can even skip the RFP process in many cases. For more insight on group demand in 2024, read the full article in the comments—and visit Groups360 to discover the power of GroupSync. #eventprofs #eventprofessionals #grouptravel #hotelbooking #eventplanners #travelindustry #groupbooking #grouptravel

🌟 Unlock the Power of Diversification in Your Hotel Portfolio! 🌍   In our latest white paper, “Building a Strong Hotel Portfolio: The Art of Diversification & Brand Selection,” Dimitris Manikis, President of EMEA at Wyndham Hotels & Resorts, reveals how a diverse portfolio can enhance market stability, boost revenue, and improve guest loyalty.   ✨ Key Insights: Stability: A varied portfolio shields against economic downturns. Revenue: Different brands attract diverse guests, increasing overall income. Loyalty: Consistent experiences across properties foster trust and repeat bookings.   Discover how partnering with Wyndham can simplify operations and optimise performance for your hotel business.   📖 Read the full white paper here: https://lnkd.in/dm3eamWx   #WyndhamHotels #Hospitality #Diversification #HotelManagement #EMEA

In times of economic uncertainty and shoulder seasons, loyalty programs have emerged as a game-changer for major hotel brands, driving significant occupancy growth. CBRE Hotels delved into the loyalty programs of five leading global public hotel companies to uncover critical insights and growth trends in this dynamic market. Curious about how these strategies can be applied to your region? Dive into our report for key learnings and actionable takeaways. #TogetherCBRE Read our full report here: https://cbre.co/3ymEJeb

In modern hospitality, connectivity is a top priority. Nobu Hospitality, renowned for its commitment to luxury and guest satisfaction, recognized the need to meet the growing demand for seamless connectivity and secure networks in today’s digital age. Read the full case study: https://ow.ly/jkqv50UlfsU #HSIA #connectivity #guestexperience #luxuryhospitality

As hotel budget season rapidly approaches, now is the time to map out your investments with tips and insights from our recent webinar with the International Luxury Hotel Association. Katie Moro, VP of Data Partnerships, Hospitality, Amadeus shares forward-looking market insights along with survey results revealing where hoteliers are prioritizing their spending. Watch the replay: https://gag.gl/w7hTEe

As hotel budget season rapidly approaches, now is the time to map out your investments with tips and insights from our recent webinar with the International Luxury Hotel Association. Katie Moro, VP of Data Partnerships, Hospitality, Amadeus shares forward-looking market insights along with survey results revealing where hoteliers are prioritizing their spending. Watch the replay: https://gag.gl/w7hTEe

As hotel budget season rapidly approaches, now is the time to map out your investments with tips and insights from our recent webinar with the International Luxury Hotel Association. Katie Moro, VP of Data Partnerships, Hospitality, Amadeus shares forward-looking market insights along with survey results revealing where hoteliers are prioritizing their spending. Watch the replay: https://gag.gl/w7hTEe

As hotel budget season rapidly approaches, now is the time to map out your investments with tips and insights from our recent webinar with the International Luxury Hotel Association. Katie Moro, VP of Data Partnerships, Hospitality, Amadeus shares forward-looking market insights along with survey results revealing where hoteliers are prioritizing their spending. Watch the replay: https://gag.gl/w7hTEe