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Article - Hotel Industry Struggles To Replenish 'Quality' Talent in Sales and Marketing - CoStar - Spending and staffing on hotel sales and marketing have reached pre-pandemic levels, but the quality of salespeople has dropped, executives said.
Article - Inflation Abomination - How Inflation Affects Hotel Revenue Streams, Expenses - CoStar - A presentation on inflation's effects on hotel profitability at the 2023 Hotel Data Conference highlighted hotel rates on a real basis are still down compared to 2019 while hotels continue to face increasing costs, particularly from labor.
Article - Leisure Travelers Becoming More Price Sensitive - CoStar - Hoteliers and travel experts speaking at the 2023 Hotel Data Conference said leisure travelers want to feel like they're getting a good value in their stay and that they're getting what they pay for.
Article - Executives Grapple With How Hospitality Must Change To Attract Workers - CoStar - While wage negotiations are always at the center of hiring, recruitment and retention, hotel leaders said young employees are also being more direct with their expectations of a career trajectory in the industry.
Mitra Innovation was delighted to co-sponsor Travis Perkins’ (TP) annual Technology and Data Conference, where internal IT teams present on current initiatives