Some differences between hotel guests are obvious, and others are as small as their booking channel preferences or tendency to spend additional money on-site. Careful market segmentation in the hotel industry is a catalyst for understanding these differences and acting on them. This blog provides an introduction to hotel market […]
Travel & Leisure
Written by: Laura Resco Flow through and flex are two key metrics of hotel profitability. While flow through is the percentage of extra profit that flows to the bottom line from each incremental dollar of revenue, flex is the amount of profit that is flexed (or saved) when there is […]
Puerto Jeli is one of the most important gastronomic destinations in the province of El Oro, Ecuador along with Puerto Hualtaco (Huaquillas) and Puerto Bolívar (Machala). For seafood lovers, this is a destination that you cannot miss. Most of its inhabitants are dedicated to fishing and the culinary arts of […]
My 1st full-day Santiago Island tour was a great way to start my West African journey in the beautiful country of Cape Verde! Continuing my journey around the world, I started traveling again after months of taking a break. This time, I’m in West Africa! Just a heads up, applying for […]
Turning 50 is a pretty big deal in the Netherlands. I’ve often seen signs of it in Amsterdam and around the country – family and friends decorate the house of the one celebrating with festive bunting, banners and balloons emblazoned with “50”, and sometimes prominent, inflated figures on the front […]
Fun things to do in Monterey include scenic drives, amazing selfie spots, Monterey Aquarium tips, Carmel, Pebble Beach, and many classic, fun Monterey California activities. Getting to Monterey CA is easy—two options are flying directly into Monterey Airport or into San Francisco and driving two hours (McCool Travel tip: here […]
Written by: Jay Bhakta Glamping has taken the hospitality industry by storm over the last few years with developments occurring overnight. These remote-style stays became especially popular over the course of the Covid pandemic, as they offered the distanced retreat and vacation getaway that many craved after lockdowns. Due to […]
One of the advantages of working in the hospitality industry is you meet lots of interesting people. Sometimes those people influence your life for a second or the length of a job or, if you are lucky, for a lifetime. For me, Carl Weldon has been and will continue to be […]
Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this sounds ominous, there is still historically attractive capital available for the right sponsors. Interest rates have risen from the artificially low levels created in response to […]
Das Hotelgewerbe ist zwar eine globale Branche, aber wichtige Ereignisse können sich von einem Markt zum anderen erheblich unterscheiden. Wenn Sie sich auf die DACH-Region konzentrieren, sind Sie bei uns genau richtig. Kürzlich veranstaltete der Hospitality Industry Club EveningCamps in Wien und Hamburg. In beiden Städten konnten wir uns mit […]