Insights for 2024 and Market Opportunity Survey
As we step into December, Avalon Analytics brings you actionable insights to elevate your hospitality game.
In November, we were thrilled to announce a powerful collaboration between Onyx Hospitality Group and Avalon Analytics and share a video by Michael Belanger, exploring how technology can supercharge your revenue strategies.
Dive into our guide on mastering last-minute bookings, stay ahead with key hospitality trends for 2024, and discover the five essential pieces of guest data that can reshape your approach.
ONYX HOSPITALITY UNVEILS IRIS POWERED BY AVALON
ONYX Hospitality Group and Avalon Analytics join forces to unveil IRIS Powered by Avalon! We are pleased to announce our groundbreaking partnership with the Onyx Hospitality Group.
This collaboration combines our data analytics tools with the industry expertise of Onyx Hospitality Group, creating a game-changing solution set to redefine industry standards and drive innovation.
Read the full story on our website: https://avalon-analytics.com/unlocking-the-future-of-hospitality-onyx-hospitality-group-and-avalon-analytics-join-forces-to-unveil-iris-powered-by-avalon/
HOW TECHNOLOGY CAN DRIVE REVENUE - AN INTERVIEW WITH MICHAEL BALANGER
Michael Belanger, MBA, CRME, Vice President of Commercial Strategy for GCP Hospitality shares his insights on how technology can drive hotel revenue and support your strategy.
When asked about his experience with Avalon Analytics in a recent testimonial, Michael mentioned; "We love working with Avalon because the team has been very responsive in terms of customising reports to our needs."
INSIGHTS OF THE MONTH
Throughout November, we shared insights that can support in the planning for your 2024 hotel strategy - identifying areas of opportunities and trends that we believe must be on your radar in the new year.
Find a curation of 3 popular insight posts from November below:
领英推荐
COMMUNITY INSIGHTS: WHICH SEGMENT WILL HAVE THE BIGGEST GROWTH IN 2024
We recently hosted a poll on the Avalon Analytics Linkedin page which asked our network which market segment will see the biggest growth in 2024.
We are pleased to share the results below.
These poll's findings resonate with our predictions, especially regarding the promising growth trajectory of transient leisure in 2023. Our analysis suggests a robust surge in 2024 in comparison with 2023 with a global recovery of the hospitality industry. As for corporate travel, while we anticipate a rebound, we do not foresee it returning to the pre-pandemic 2019 levels due to the prevalence of impact of remote work and virtual meetings like Zoom.
When assessing the landscape of transient leisure, it's crucial to consider the surge in room nights, particularly noting the impressive success of certain hotels in favoring direct bookings over OTA platforms.
AVALON ATTENDS HOSO BANGKOK
We had the pleasure of attending the first edition of the Hospitality Social Masterclass event by SOHO HOSPITALITY hosted at the Charcoal Tandoor Grill on the bustling Sukhumvit 11.
Some fantastic panelist insights with luminaries of hospitality as well as leading experts outside of the industry complemented by great fun with our industry peers in this amazing city.
View the photos and find out more below
Thank you for reading this month's #AvalonInsights Newsletter. Be sure to share this with your industry peers and let us know what you would like to see in next month's issue.