Friday, July 28, 2017

Hospitality News For The Week Of 7/28/17


Business travel has positive economic impact on the US economy, supports over 7 million jobs.

The Global Business Travel Association (GBTA) has published their ‘The U.S. Business Travel Economic Impact Report’ which stresses the vital impact by business travel on the U.S. economy. The association’s research studied the economic impact business travelers and the companies that send them had on the U.S. during the year 2016. The study found $424 billion was spent on 514.4 million business trips in the U.S. domestically. Furthermore, business travel helps support 7.4 million jobs across the U.S., while generating $135 billion in tax revenue at the federal, state and local levels. Full Story Here:


Hotels should win battle between OTAs, sharing economy

The online travel agencies and the principal member of the rental sharing economy, Airbnb, have been moving into each other’s markets in recent times. Expedia and Priceline Group have stepped up the number of vacation rental units they list in their websites. This appears to be in response to Airbnb’s addition of a “Trips” feature. The new feature offers rental guests unique experiences and adventure in the form of guided trips and tours, something the QTA’s have done for quite some time. Full StoryHere:


[Infographic] How well does your hate understand the needs of business travelers?

The business travel market is diversifying and hoteliers need to realize all business travelers are not the same and require a more varied approach. In 2016, women made up 47 percent of the business travel segment, while the average age of the business traveler was 45.9 years old. This is according to an informative infographic published by SiteMinder. During the year 2016 covered in the study, Millennials took 7.4 business trips. This amounts to more on average than their older peers. Full Story Here:


US Hotel Occupancy Down Slightly 0.2 Percent To 78.0 Percent - Week Ending July 22nd - 2017

According to figures published by STR, the U.S. hotel industry reported performance results which were largely unchanged for the week 16-22 July 2017. Compared to the same time period last year, industry-wide occupancy was down slightly by -0.2 percent to 78.0 percent for the week. The average daily rate was up by +0.5 percent, finishing the week at $131.86. Revenue per available room was slightly higher as well, up +0.4 percent to end the week at $102.85. Full Story Here:




Monday, July 24, 2017

Hospitality News For The Week Of 7/21/17


G6 Hospitality Selects Above Property® for Advanced Hospitality Technology Platform

G6 Hospitality, LLC has announced the selection of Above Property® for its cloud-based travel platform services suite at the Motel 6 and Studio 6 properties. The parent company G6 Hospitality is continuing an existing partnership with Above Property® in the platform transformation of its properties. Above Property's Distributed Reservations, Inline Revenue Management®, Channel Management, Call Center, and Content Management modules re-imagine how core travel systems operate today. Through an orchestrated multi-datacenter, multi-cloud provider configuration, Above Property brings a new level of speed, stability and scalability to the travel industry. Full Story Here:


Summer Continues With Inconsistent Rates And Bookings For North American Hoteliers

TravelClick has released its North American Hospitality Review (NAHR) for July 2017. The report indicates inconsistency in average daily rate and bookings across all travel segments going into the third quarter of 2017. Some travel segments however are showing positive indications of growth. Group travel has grown by 1.3 percent in average daily rate and transient travel bookings have risen by 2.6 percent. Overall average daily rate inched up only 0.1 percent, while overall bookings dropped by -0.8 percent. Full Story Here:


Strength in Global Economy Means Higher Travel Pricing in 2018

The Global Business Travel Association (GBTA) has published its fourth annual 2018 Global Travel Forecast, predicting higher travel pricing across all travel sectors in 2018. The report, created in partnership with Carlson Wagonlit Travel and the support of the Carlson Family Foundation, expects increases of as much as 4 percent in some sectors. Hotel prices are forecast to be 3.7 percent higher in 2018. Reasons cited include Uncertainties and risk in global politics and emerging markets. Full StoryHere:


STR: US hotel results for week ending 15 July

According to figures published by STR, the U.S. hotel industry posted mostly positive performance figures for the week of 9-15 July 2017. Compared to the same period last year, industry-wide occupancy dropped slightly by -0.1 percent to 77.4 percent for the week. Average daily rate was up by 1.7 percent however, ending up at $130.76. by the end of the week. Revenue per available room climbed 1.6 percent higher to finish the week at $101.15. Full Story Here:  






Wednesday, July 19, 2017

G6 Hospitality Selects Above Property® for Advanced Hospitality Technology Platform

Web Service-Based Multi-Cloud Travel Platform Lays Foundation for Future Growth

DALLAS and NAPLES, Fla., July 19, 2017 /PRNewswire/ -- G6 Hospitality, LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced it selected existing partner, Above Property® for its cloud-based travel platform services suite for Motel 6 and Studio 6 properties. The selection of Above Property continues the platform transformation at G6 Hospitality which includes ongoing efforts to revamp the brand's tech platforms, processes and systems to support its growing network of more than 1,400 corporate-owned and franchisee properties.

Above Property's Distributed Reservations, Inline Revenue Management®, Channel Management, Call Center, and Content Management modules re-imagine how core travel systems operate today. Through an orchestrated multi-datacenter, multi-cloud provider configuration, Above Property brings a new level of speed, stability and scalability to the travel industry.

"As technology in the hospitality industry evolves, so do our offerings at G6 Hospitality. System silos are consolidating and information sharing across the enterprise is becoming simpler through advanced platform architectures," said Jessie Burgess, EVP, Chief Information Officer, G6 Hospitality. "With our continued partnership with Above Property, we will work to ensure our hotels and franchisees have the best technology in the industry."

Lance Miceli, EVP, Chief Marketing Officer, G6 Hospitality added, "G6's entire network of corporate and franchise locations will benefit through Above Property's global, multi-datacenter architecture that allows for 100 percent uptime and unprecedented sub-second shopping and availability response times. The expanded scale of our relationship with Above Property brings the very best technology and value to our entire portfolio."

"We are extremely pleased to expand our partnership with G6 Hospitality. Together with G6 Hospitality, we launched the cutting edge G6ROW™ Revenue Management system and implemented our distributed shopping solution in just the past two years," said Aaron Shepherd, CEO and Founder of Above Property. "We are proud to work with G6 Hospitality to incorporate our Advanced Hospitality Technology Platform and offerings of web services to bring industry first technology to its properties."

About G6 Hospitality LLC
G6 Hospitality LLC owns, operates and franchises over 1,400 economy lodging locations under the Motel 6 and Studio 6 brands in the U.S and Canada, and Hotel 6 and Estudio 6 brands in Latin America. Headquartered in Dallas (Carrollton), Texas, G6 Hospitality was rated one of the top ten hospitality companies according to the Hotel Management 2015 Top Hotel Companies rankings list, which evaluated over 260 hotel companies. For more information please visit G6 Hospitality LLC.

About Above Property LLC
Above Property LLC provides a market leading always-on multi-cloud global travel solution that solves the technology and business constraints of today's legacy based CRSs (Central Reservation Systems), RMSs (Revenue Management Systems), and PMSs (Property Management Systems).  By leveraging over 1,000 open web service APIs, Above Property's groundbreaking, multi-tenant, rules-based, big-data driven, globally Distributed Reservation System (DRS) has been architected to serve every size of property from independents to large chains.  Above Property LLC, is headquartered in Naples, FL.  For more information, please visit www.aboveproperty.com.

Above Property
Contact: Steve Lapekas
Telephone: 239.263.7406
Cell Phone: 214.878.9922


G6 Hospitality
Contact: Raiza Rehkoff
Telephone: 972.360.5970


Related Links 


Monday, July 17, 2017

Transforming The Hotel Guest Experience In The Cloud - Part 1


The increasingly connected world of the 21st Century has, and is, transforming our very lives. Technology has brought about changes in how we all live, even from a few short years ago, and continues at a rapidly accelerating pace going forward. The consumer of today expects and demands a continuity of their digitally connected lives when they travel. Brought about by competitive pressures, the hospitality industry is in the midst of re-imagining itself technologically and how it interacts with its guests. Currently, many hotels and chains persist in conducting their daily operations on the backs of outmoded and cumbersome legacy systems.

Empowered by innovative cloud-based technology solutions however, hoteliers will have the tools necessary in order to genuinely transform the hotel experience for their guests. This transformation is being made in many diverse ways, some guest facing and others behind the scenes yet equally transformative. The guest experience begins far in advance of their actual stay on-property and extends long after their departure. A cloud-driven, software-as-a-service (SaaS) platform will enhance the hotel guest experience by enabling hotels to provide a greater level of personalized service.

A cloud-based SaaS Property Management System (PMS), Central Reservation System (CRS), and Customer Relationship Management (CRM) can give hotels the real-time flexibility to nimbly leverage today’s travelers who are routinely connected online wherever they go. Hoteliers can build and maintain better connection with their guests, even when they are away from hotel property, through a variety of hotel services, such as mobile concierge for example. Also, cloud technology gives hoteliers the capability to more effectively to establish partnerships with companies which provide peripheral services to guests, including transportation, entertainment, and recreation among others.

The hotel guest of today faces many choices and the expectation bar has been set much higher than ever before. Brand loyalty also does not mean much to the consumer who desires the best value and will search extensively for it. Yet at the same time, travelers are seeking much more than merely a place to hang their hat for the night. They expect more for the money and they are willing to spend on hotel accommodations. Exceptionally personalized service and convenience is how hotels can stand out from their competition. In summary, cloud-based solutions provide hoteliers the necessary means.

In upcoming blogs we will look further into enhancing the hotel guest experience using tools hosted in the cloud.