Jeremy Razook

1 month ago | hotelnewsresource.com | Alan Young |Jeremy Razook

How to Forecast Low Season Demand (+ 3 Tips to Protect Your Revenue) - Image Credit Lighthouse    Peak season vs. low season, two starkly different realities for hoteliers. In summer, your rooms with terraces and sunny ocean views are sold out almost instantly, the town buzzes with tourists, and bands on their world tour are sound-checking at the stadium down the street. Fast forward to January: drizzle clouds the horizon, guests are scarce, and your profitability is on its knees.

1 month ago | hotelnewsresource.com | Alan Young |Jeremy Razook

Valentine's Day Boosts Hotel & Travel Industry Performance Week Ending 15 February 2025 - Image Credit Unsplash    On a global scale, excluding the U.S., demand dropped by 3.5% due to the change in the Chinese New Year. Valentine's Day falling on a Friday and the Presidents' Day weekend led to a spike in hotel industry performance, with a 3.4% increase in Revenue per Available Room (RevPAR) and a 2.2% increase in the Average Daily Rate (ADR).

1 month ago | hotelnewsresource.com | Alan Young |Jeremy Razook

The Hospitality Industry Tipping Point - 40 Years in the Making - Image Credit Infor    The hospitality industry has been inundated with technology solutions promising to free hotel brands from the constraints of legacy systems and elevate the guest experience.