David Chestler

In this exclusive HotelTechReport.com interview with Tom Murray, VP of Product Management, dive into the evolution of Central Reservation Systems. SynXis transformed simple inventory tools to dynamic, guest-centric platforms that drive revenue and enhance experiences! Read more on how our cutting-edge tech is reshaping hotel operations and the future of hospitality ⬇️

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In case you missed it last week, check out this replay of Lodging Analytics Research & Consulting's webinar on the state of the U.S. lodging industry and our updated outlook. This quarter's webinar statistics: Live attendees - Over 350 lodging industry participants Average attendee duration - 56 minutes Recoding views to date - 151 more lodging industry participants Just click below and watch the recording to find out why so many industry players are willing to devote so much time to hearing what LARC has to say. There is a ton of great data in the presentation, including our views on corporate demand, leisure demand, convention booking pace. We also discuss the implications of the new administration and the potential impact of collective bargaining agreements across the industry currently. During the webinar we highlight markets we like and ones we don't, as well as background surrounding our U.S. outlook, and then dig into Atlanta on a more granular basis showing why we are the forecasters you NEED to rely on. Let us know what you think, once you have had a chance to check it out- we would love to hear from you. A special thinks to the rest of the LARC team including Evan Weiss, Daniel Lesser, Katie Harding, Jialin Li, Sarah Bieker, Maggie Cai and Peter Kressaty. https://lnkd.in/ez72qD_j #lodgingforecasts #lodginganalytics #lodgingdata #hotelinvesting

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In case you missed it last week, check out this replay of Lodging Analytics Research & Consulting's webinar on the state of the U.S. lodging industry and our updated outlook. This quarter's webinar statistics: Live attendees - 454 lodging industry participants Average attendee duration - 54 minutes Recoding views to date - 134 more lodging industry participants Just click below and watch the recording to find out why so many industry players are willing to devote so much time to hearing what LARC has to say. There is a ton of great data in the presentation, including our views on corporate demand, leisure demand, convention booking pace and even a slide devoted the impact of presidential elections on hotel demand and RevPAR. We also discuss the challenges and potential impact of collective bargaining agreements across the industry currently. During the webinar we highlight markets we like and ones we don't, as well as background surrounding our U.S. outlook, and then dig into New Orleans on a more granular basis showing why we are the forecasters you NEED to rely on. Let us know what you think, once you have had a chance to check it out- we would love to hear from you. A special thinks to the rest of the LARC team including Evan Weiss, Daniel Lesser, Katie Harding, Ann Li, Sarah Bieker, Maggie Cai and Peter Kressaty. https://lnkd.in/eNivCURe #lodgingforecasts #lodginganalytics #lodgingdata #hotelinvesting

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The trends in lodging as it relates to luxury hotels verses economy stays is interesting. I wonder how much of the growth in the luxury sector has to do with short term rentals raising the bar of clients expectations. Will you stay in a hotel or do you prefer a home or condo location?

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A recent MMGY Global Travel Intelligence survey reveals a promising uptick in travel intent among Americans and overall travel performance for the year. Full story: #HOTELS #hotelnews #hospitality #hospitalityindustry #hotelindustry #travel

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In case you missed it yesterday, check out this replay of Lodging Analytics Research & Consulting's webinar on the state of the U.S. lodging industry and our updated outlook. There were almost 500 registrants for the presentation. Good news- if you missed what so many across the lodging industry find to be a great use of their valuable time, its not too late. Just click below to watch the recording! There is a ton of great data in the presentation, including our views on corporate demand, leisure demand, convention booking pace and even a slide devoted the impact of presidential elections on Hotel Demand and RevPAR. During the webinar we highlight markets we like and ones we don't, as well as background surrounding our U.S. outlook, and then dig into Seattle on a more granular basis showing why we are the forecasters you NEED to rely on. Let us know what you think, once you have had a chance to check it out- we would love to hear from you. A special thinks to the rest of the LARC team including Evan Weiss, Daniel Lesser, Katie Harding and Ann Li https://lnkd.in/e46R5DWB #lodgingforecasts #lodginganalytics #lodgingdata #hotelinvesting

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AI's potential in business travel is promising, particularly for simplifying monthly expense reports. An article by Christiana Sciaudone on Skift highlights how AI may be used in the future to ensure compliance, itemize expenses, and automate submissions, saving valuable time for employees. As business travel spending rises, the efficiency AI offers becomes increasingly essential. https://lnkd.in/eP4trdii #BusinessTravel #AITech #TravelInnovation

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The competition among global hotel brands in the 𝗺𝗶𝗱𝘀𝗰𝗮𝗹𝗲 𝗲𝘅𝘁𝗲𝗻𝗱𝗲𝗱-𝘀𝘁𝗮𝘆 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 hots up. Wyndham, with a line-up of extended-stay products such as Echo Suites, Hawthorn, WaterWalk and Wyndham Residence, is gearing up for the expansion of 𝗪𝘆𝗻𝗱𝗵𝗮𝗺 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝗲 in the USA in partnership with 𝗥𝗲𝘀𝗶𝗱𝗲. A partnership could be a natural strategy for a latecomer.   Marriott and Hyatt are penetrating even to the 𝘃𝗮𝗰𝗮𝘁𝗶𝗼𝗻 𝗿𝗲𝗻𝘁𝗮𝗹 𝘀𝗲𝗴𝗺𝗲𝗻𝘁 through 𝗛𝗼𝗺𝗲𝘀 & 𝗩𝗶𝗹𝗹𝗮𝘀 and 𝗛𝗼𝗺𝗲𝘀 & 𝗛𝗶𝗱𝗲𝗮𝘄𝗮𝘆𝘀, respectively. On the other hand, Nassetta, CEO of Hilton, stated that Hilton will focus on conventional hotel business, drawing the line against vacation rentals, in a recent interview with a media. (https://lnkd.in/gXQBUgGS)   There is no way yet to know which is the right strategy. However, at least two things seem clear enough: 𝟭) 𝘁𝗵𝗲 𝗯𝗼𝗿𝗱𝗲𝗿 𝗯𝗲𝘁𝘄𝗲𝗲𝗻 𝗹𝗼𝗱𝗴𝗶𝗻𝗴 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗮𝗻𝗱 𝗵𝗼𝗺𝗲𝘀 𝗶𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗯𝗹𝘂𝗿𝗿𝘆, and 𝟮) 𝘁𝗵𝗲 𝗮𝗴𝗶𝗹𝗶𝘁𝘆 𝗶𝘀 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗺𝗼𝗿𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗼𝗱𝗴𝗶𝗻𝗴 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆.   #wyndham #extended_stay #vacation_rental #agility #lobin

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🚀 Direct is the Future, and Namastay is Leading the Way Skift predicts that by 2030, direct bookings will surpass OTAs, generating $409 billion in revenue. However, for many independent hotels, this goal remains distant due to: ❌ Insufficient investment in technology ❌ Limited marketing resources ❌ Overreliance on OTAs At Namastay, we empower hotels to bridge this gap by: ✔️ Streamlining the direct booking experience ✔️ Enhancing guest relationships ✔️ Driving sustainable revenue growth Direct booking is the future - let's make it happen together! #DirectBookings #HotelTech #Namastay

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Introducing the first installment of SiteMinder’s new series “Revenue Management: A Deeper Conversation”, which harnesses the knowledge of hotel industry experts to spark real conversations about revenue management today. Love to see the meaningful dialogues happening through this evolution of revenue management.

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Feeling the pinch of Google's last core update? Here's how hotels should respond to maintain and improve their online presence. 🏨 Discover actionable strategies and insights tailored for the hospitality industry. 🚀 Read more to stay ahead of the curve! 👉 https://ow.ly/yRY330sCOMf #GoogleUpdate #SEO #HotelMarketing #DigitalStrategy #HospitalityIndustry #StayAhead

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Third-Party Hotel Management Companies Deliver Better Guest Experiences, Finds J.D. Power Study   The overall guest satisfaction with branded hotels run by the U.S. biggest third-party management companies has seen a dramatic improvement this year, outpacing both chain-managed and independent hotels, according to J.D. Power 2024 North America Third-Party Hotel Management Guest Satisfaction Benchmark.  Third-party management companies operating branded hotels are going all out by consistently delivering well-maintained buildings, clean guestrooms and an overall better guest experience than those seen among independently-operated branded and the chain-managed hotels, said Andrea Stokes, hospitality practice lead at J.D. Power. “What is most noteworthy is that the largest third-party hotel operators are delivering an improved level of staff service even as higher room rates are pushing guest expectations higher.” 

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#Hospitality technology company HotelRunner has acquired B2B #travel marketplace Bookingate for an undisclosed sum. HotelRunner, founded in 2011, said the acquisition would strengthen its "commitment to completing the travel value chain for supply and demand." Read more on #PhocusWire: https://bit.ly/4eDaRK2 #travelnews #traveltech #travelindustry #hospitalitytechnology #hoteltechnology

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We saw it happening every where from Singapore to Bangkok, Australia, Europe, USA! Events are massive revenue drivers for hotels. Find out how to tap on these with forward looking data! #roomrateevolution #eventsdriving #marketinsight #eventimpactanalysis Lighthouse

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