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Winter Might Be Coming, But Spring Can Still Bloom for Hotels
Manage episode 348487593 series 3270221
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Hi, welcome to another Coffee time chat.
With the dichotomy of higher prices and increasing costs and the continuing staffing challenge we ask how might the hotel industry adapt over the coming years
To provide some insights we welcome back:
🔹 Veit Meier of berner+becker, one of our Expert Partners
In this discussion we look at how global economic factors and the current war in Ukraine might influence different traveller attitudes
With inflation already prevalent across many countries we explore how that could affect not only ADR but also consumer spending power – and we reflect on how that might influence booking behaviour
We consider the impact on rising costs and continuing staffing challenges and why it is important to revisit some revenue management basic principles as we look into 2023
Finally we touch on travel demand and what we might see as we look beyond the first quarter of next year
Hope you enjoy the discussion👍
With the dichotomy of higher prices and increasing costs and the continuing staffing challenge we ask how might the hotel industry adapt over the coming years
To provide some insights we welcome back:
🔹 Veit Meier of berner+becker, one of our Expert Partners
In this discussion we look at how global economic factors and the current war in Ukraine might influence different traveller attitudes
With inflation already prevalent across many countries we explore how that could affect not only ADR but also consumer spending power – and we reflect on how that might influence booking behaviour
We consider the impact on rising costs and continuing staffing challenges and why it is important to revisit some revenue management basic principles as we look into 2023
Finally we touch on travel demand and what we might see as we look beyond the first quarter of next year
Hope you enjoy the discussion👍
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Here is the YouTube link: https://youtu.be/HJQaoZKG8ps
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