
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