Tag: demand
Duetto Pulse Report: Cancelations High But Desire Remains
The latest edition of the Pulse Report, which compares data from November 2021 with October 2021, shows that cancelation activity has increased over the...
Lobby, Please: The Exit of Hotel Profits
2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
Asset Protection: Investing in the Hotel Sales Team
With the rollout of new COVID-19 vaccines, optimism is beginning to replace the malaise that has embroiled the hospitality industry since the beginning of...
The Great COVID Do-Over? Looking for a Silver Lining in Dismal Group and Transient...
Since COVID-19 struck in March of this year, group and transient demand has plummeted, taking both ADR and RevPAR with it. At the low...
Missing Meetings: Limited Group Demand Hits Convention Hotels Hard
According to Kalibri Labs, the demand for lodging accommodations in the United States declined by 38.4 percent during the first half of 2020 compared...