SiteMinder’s Post

The results of Deloitte's Global Consumer Trends survey conducted late February are available.   Key takeaways: spending intentions globally have strengthened significantly since falling sharply in late 2022. Also savings intentions reached the baseline for the second time over the past year. Especially as regards the travel & hospitality sector: leisure travel booking intentions already indicate a strong summer travel season. This trend reinforces consumers’ spending priority on services and experiences over goods.

Here is an interesting and interactive article from Deloitte Insights for all of us interested in the Consumer Behavior. So far, the Leisure & Travel spending in July 2024 is slightly down when compared to the 2023 statistics. #Palladium #TRSHotels #ConsumerBehavior #Deloitte https://lnkd.in/eN-RHtZu

October’s data from Deloitte’s #ConsumerSignals dashboard shows global spending intentions rising for the first time in over a year. While nearing 2021 levels, discretionary categories still lag, though services like leisure travel and restaurants are poised to capture more spending. Rising off-peak leisure travel intentions continue to suggest a shift in the seasonal ebb and flow of global leisure travel. Access our interactive dashboard below. #deloittehospitalityadvisory #travel #foodandbeverage

Data is meaningless until you give it context. Once you have that, you can turn data into real insights with actionable strategies. So let’s get to it. We looked at some of hospitality’s key metrics and tracked the year-on-year trends so you don’t have to. Want to know more? Step this way: https://lnkd.in/eGBcTG5Y

Where are travelers heading around the world this week? A look at top performing markets, plus a lot more business intelligence data to inform your hotel's revenue strategy here: https://lnkd.in/ggGFpg2E

Boost Revenue and Cut Costs: How Demand Calendar Solves Problems - Discover how a Business Intelligence Tool like Demand Calendar helps hotels grow revenue by solving problems proactively and providing data-driven insights https://hubs.ly/Q02STXf30

🚀 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗮𝗰𝗰𝘂𝗿𝗮𝗰𝘆? 𝗔 𝘁𝗵𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗽𝗮𝘀𝘁. 𝗟𝗲𝘁'𝘀 𝘁𝗮𝗹𝗸 𝗿𝗲𝗮𝗹𝗶𝘁𝘆. I'm excited to invite you to an eye-opening webinar on November 20th, where I’ll be joining Enzo Aita from HyperGuest to discuss a topic that’s vital for the future of hospitality: Mastering Forecasting – The Key to Hotel Success. 🔑 𝗛𝗲𝗿𝗲'𝘀 𝘁𝗵𝗲 𝗿𝗲𝗮𝗹 𝘁𝗮𝗹𝗸: If your RMS claims "100% forecast accuracy," it’s likely leaving money on the table every single day. The world is far too uncertain, from economic shifts to unexpected events. Do you know what impact tomorrow’s U.S. election outcome could have on your hotel's bookings? The answer is: none of us can predict it perfectly. So, if someone says they can forecast with pinpoint precision, they might be better suited as a financial market guru than a revenue manager! Don’t miss out on learning why adaptability, not just accuracy, is the key to revenue success. 📅 𝗠𝗮𝗿𝗸 𝘆𝗼𝘂𝗿 𝗰𝗮𝗹𝗲𝗻𝗱𝗮𝗿𝘀: 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝘁𝗵 𝗮𝘁 𝟯:𝟬𝟬 𝗣𝗠 𝗖𝗘𝗧 🖱️  Register now to unlock forecasting strategies that truly drive profitability! https://lnkd.in/dhVnNdw4

Free lodging data from the industry’s #1 prognosticators. I am not sure what the downside to registering is! If you can’t attend live, but are registered, you will still receive the presentation and a link to the video recording.

LARC's 2Q-2024 free webinar is today Thursday June 6th at 4pm ET- don't miss it!!! This afternoon at 4:00PM ET, I will be joined by the rest of the Lodging Analytics Research & Consulting team, including Evan Weiss, Daniel Lesser, Katie Harding and Ann Li for our quarterly webinar. We typically have over 1,000 lodging industry professionals register and/or watch the replay, so you don't want to be the one that misses out!!!! Even if you attended the NYU IHIIC conference this week, our webinar will provide added insights to better understand all the forecasts that were presented. I am looking forward to walking through the backdrop shaping our latest views on the lodging industry and our outlook for 2024, 2025 and beyond. You can register using the below link. Even if you are unavailable to join this afternoon, if you register, you will get a link to the replay. We look forward to another great webinar and hope you can join us! https://lnkd.in/eqRnZVg7 #lodgingforecasts #lodgingdata #lodginganalytics #hotelinvesting