Preparing for an Uncertain 2023: Lessons from a Hotel Strategist

Summary:

The International Monetary Fund (IMF) is predicting that the global economy will face a tough year in 2023. While ADR continues to grow, new economic challenges—including interest rates and operational costs—are rising at an even faster rate.

In this webinar, we’ll discuss the key macro headwinds facing hoteliers in 2023, their impact on demand and revenue management, and reasons for optimism. You’ll learn practical tips from a hotel strategist on how to creatively solve for these challenges and be positioned to handle uncertainty this year – and in the future - better than your competition.

Key learning objectives:

How to best approach the uncertainty in the face of a potential recession
Strategic methods that will help continue to grow rate
Ways revenue management should be utilizing guest data to improve property performance

Speakers

Celeste Kreyfelt

Director of Account Management EMEA, IDeaS Revenue Solutions

Celeste has been helping clients for more than six years and has been in the hospitality industry for more than 15 years as a solution seeker helping corporate and on-property teams enhance their channel performance, technology adoption, and revenue strategies. She has experience working across Europe, the Middle East, and Africa with some of the leading companies in the industry including NH Hotel Group, Tsogo Sun, and Shangri-La.

Lars Wittendorff

Head of Revenue Management, Comwell Hotels

Lars is responsible for the leadership and direction of revenue management at Comwell Hotels. He has a robust background in setting strategy, building revenue teams, and leading technology adoption across rooms and conference departments. Lars has spent more than 20 years working with some of the leading hotel groups in Europe including Comwell Hotels, Bellagroup and Scandic Hotels.

Available On-Demand

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Webinar On-Demand