Article - Hospitality Industry Should Fare Better Than US Economy in 2024, Analysts Say - CoStar - During the numbers panel at ALIS, hotel industry data experts shared their forecasts, demand segment breakdowns and more.
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Cornell Hotel Society names Hotelie Hall of Fame inductees
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This trend follows the trend of commercial strategy accelerating, because it is the internal and external collaboration that must evolve. HSMAI Revenue Optimization Conference was co-located with the Marketing Conference, showcasing the convergence happening within the industry as companies work to optimize revenues. There is a need for a shared vision and the issues, players, responsibilities, and resources must be defined. Teams must learn to coordinate actions and use integrated data to make projections and solve problems. Cindy Estis Green of Kalibri Labs stated at ROC, There’s a need to alter what has been done, and to operate differently has become an imperative. Hotels are trying to figure out how to manage that because they can’t keep doing what they were doing with half the number of the people.