29 April 2025 - 10 Minutes News for Hoteliers - Page 2

3 min

The Hidden Cost of Procurement Problems and How to Fix Them

💸 Hotels and resorts suffer financial losses through poor procurement, leading to redundancies, higher prices, and unchecked pricing inconsistencies. Efficient buying processes are crucial for preventing supply chain disruptions and maintaining business health. A procurement strategy audit is necessary to identify weaknesses and align purchasing across locations with guidelines. Group purchasing operations (GPOs) offer streamlined procurement, negotiated rates, and exclusive eProcurement tools. Improved procurement is vital for profitability and resilience in the hospitality industry. Sponsored by Foodbuy Hospitality.

2 min

The hotel industry accelerates its sustainable transition – Part 2

🚨 Hospitality industry energy consumption averages 234 kWh/m², with France's hotels and guesthouses spanning over 22 million m². Heating (31%), hot water (17%), air conditioning (15%), and lighting (12%) are the main energy expenses, and hotel guests use about 300 liters of water per night. The “tertiary decree” in France targets a 60% energy reduction in tertiary buildings by 2050, with -40% by 2030. As of five years before 2030, only 40% of French hoteliers have implemented energy efficiency measures, while 90% have adopted LED lighting. Investment costs and lack of awareness about financial aid hinder progress, yet simple actions can significantly affect energy optimization.

Independent hoteliers unlock profit potential with RMS and Right Revenue Integration

💸 LONDON, 29 April 2025 - RMS, a hospitality platform, partnered with Right Revenue to integrate and optimize revenue for independent hotels. The partnership allows real-time data flow between RMS and Right Revenue's AI-powered platform, providing dynamic pricing and accurate forecasting. With less than 2% margin of error, Right Revenue offers daily pricing suggestions and forecasts up to two years in advance, ensuring competitive advantages for hoteliers. RMS operates in 70 countries, servicing over 7,000 businesses, while Right Revenue focuses on strategic rate strategies for independent hotels.

3 min

Clermont Hotel Group Partners with IDeaS to Drive Revenue Performance, Operational Efficiency Across Portfolio

📢 In London, on 29 April 2025, Clermont Hotel Group partners with IDeaS to integrate G3 Revenue Management System (RMS) and Optix across their properties. Clermont previously used IDeaS SmartSpace for event space optimization. The new RMS features advanced forecasting and automation for revenue optimization, aiming to enhance RevPAR and profitability. Key London hotels include The Tower Hotel, The Cumberland, and the Royal Horseguards Hotel. The partnership emphasizes after-sales support and focuses on actionable insights for strategic improvements.

4 min

How AI Concierge Services Improve Guest Experience & Increase Revenue

🏨 AI concierges are becoming essential in the competitive hotel industry, offering 24/7 service without additional labor costs. A luxury resort group reported a 23% increase in ancillary revenue after implementing an AI-driven upselling tool. TrustYou's AI Agents, a customizable solution, enables hotels to automate responses, drive upsells, and deliver faster service, ensuring personalized guest experiences and increased revenue opportunities.

1 min

Hilton Reports Q1 2025 Results

🏨 Hilton Worldwide Holdings Inc. reported Q1 2025 results with a diluted EPS of $1.23, adjusted EPS of $1.72, and net income of $300 million. Adjusted EBITDA hit $795 million, with a 2.5% rise in system-wide comparable RevPAR. The company's development pipeline reached 503,400 rooms, marking a 7% increase from the previous year. Hilton added 20,100 rooms, bought back 3.7 million shares, and returned $927 million to shareholders in Q1. Projected full-year 2025 figures include flat to 2.0% RevPAR growth, net income of $1,707-$1,749 million, Adjusted EBITDA of $3,650-$3,710 million, and $3.3 billion in capital returns.

2 min

Marriott Bonvoy Announces Partnership With Award-Winning Chef Pati Jinich

🍕 Marriott Bonvoy partners with Chef Pati Jinich for exclusive gastronomic experiences for members. Jinich, a James Beard Award-winner and NYT best-selling author, brings the heart of Mexican culture and cuisine to Marriott Bonvoy. Recently named in "Post Next: 50 People Shaping Our Society in 2025" and as a Top 5 Border Ambassador by the Council of the Americas, Jinich will also host Marriott Bonvoy Moments, like the recent event at JW Marriott Mexico City Polanco.

2 min

Courtyard Nassau Downtown/Junkanoo Beach Completes First Phase of Remodeling

🏖️ Courtyard by Marriott Nassau Downtown/Junkanoo Beach, located in Nassau, Bahamas, completed its first renovation phase, featuring two pools, on-site dining, an alfresco pool bar, and group hosting capabilities. General Manager Nigel Francis spearheads the transformation aimed at creating a community hub. The hotel is close to Nassau’s downtown, Junkanoo Beach, and 9 miles from NAS International Airport. It boasts over 6,000 square feet of event space, including a ballroom for 250 guests, offering on-site catering and modern audio-visual technology.

As Hilton guides down, its CEO remains reassured

🏨 Hilton President & CEO Chris Nassetta highlighted Q1 results with a 2.5% RevPAR increase year-over-year but forecasted a full-year RevPAR between flat to 2% growth. Hilton opened 186 hotels, adding over 20,000 rooms in the quarter, marking a 20% annual increase and 7.2% net unit growth. Approximately 40% of new openings were conversions, half located internationally. The luxury segment contributed 30% to openings, including the 252-room Waldorf Astoria Osaka. The development pipeline featured 503,000 rooms, a 7% rise, with over 32,000 approved in Q1, up 10% year-over-year. Hilton anticipates a 6%-7% net unit growth in 2025 and plans to expand from 24 to 27 brands.

1 min

Kassel’s Intercity Hotel set for transformation into B&B hotel

🏨 The Intercity Hotel at Wilhelmshöhe station in Kassel, open since 1995, closed in April 2025 for renovations and will reopen as a B&B Hotel by spring 2026. With 148 beds, this renovation reflects B&B Hotels’ expansion strategy, following their acquisition of an Ibis hotel in Kassel in December 2023. B&B Hotels opened 170 new hotels in 2022. The Wilhelmshöhe station hotel, formerly managed by HR Group, will continue to offer convenient access to city attractions.

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