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Hotel Industry Leading indicator improves in September | hotelnewsnow.com
Tuesday 3 November 2009
you’ve been following HotelNewsNow.com for the past few months, you’ve noticed the Hotel Industry’s Pulse reports that are released around the first of every month. The HIP is a real-time indicator that measures the overall health of the hotel industry by capturing current economic conditions of the hotel industry to help identify peaks and troughs in the business cycle. These peaks and troughs then can be traced to the overall U.S. business cycle to better understand how the timing and degree of losses or gains in the hotel industry perform in comparison to the overall economy. In more broad terms, the HIP measures business activity in the hotel industry similar to the gross domestic product for the total United States economy.
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Distribution Channel Analysis: a Guide for HotelsThe American Hotel & Lodging Association (AH&LA) and STR Special Report "Distribution Channel Analysis: a Guide for Hotels", published by the Hospitality Sales & Marketing Association International (HSMAI) Foundation, discusses the effects of channel mix on profitability and what the industry can expect in the near term in the distribution landscape. It reviews the size and structure of the hotel industry at a high level, with respect to hotel performance and its use of distribution channels.
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HSMAI and Vizergy White Paper, Written by Tim Peter. Hotel marketers face many challenges in using analytics. But most common among these may be knowing where to begin. While powerful tools like Google Analytics, Adobe Omniture SiteCatalyst and Webtrends exist to help marketers understand their marketing activities, many hotel marketers struggle with separating the wheat from the chaff and zeroing in on the information that matters most. As one director of marketing noted, “Sometimes you get into the analytics and you can’t get out, so I try not to get too hung up in the minutia of the data.” (PDF Document, 2,070.66 KB)
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