Focusing on the Bottom Line: Global Hotel Profitability Trends | Laura Resco

1TourismWorld

Optimizing Global Hotel Profitability: Strategic Insights and Best Practices

Laura Resco, Director of Hotel Intelligence - Americas for HotStats, emphasized data-driven strategies for enhancing hotel profitability at 1TourismWorld. Highlighting global trends, she noted varied recovery across regions: Asia-Pacific in early stages, strong growth in the Middle East, and plateauing in the US and Europe. She stressed the importance of effective cost management, optimizing ancillary revenue streams, and controlling distribution costs. Laura also underscored sustainability's growing role in influencing guest decisions. By leveraging HotStats' benchmarking capabilities, hoteliers can navigate recovery, optimize operations, and achieve sustained profitability.

Information


Program:
1TourismWorld

Released:
2024

Languages


Audio:
English

Subtitles:
English

Accessibility


CC:
Closed caption (CC) available in English

Transcript:
Video transcript available in English

Tourism & Hospitality Leaders of the World