Although it will be a separate report, as with the STAR Reporting, the 44,000 hotels worldwide that participate will receive the data and define their own comp set. Data feeds must be provided to STR no later than January 2013. If sufficient data is reported, the goal is to create the first report by 2014. Otherwise, the data could be limited by region or city.
This report will be useful for general managers to gauge local market potential; F&B directors will hone in on the comp set’s historical trends; revenue manager will build more meaningful reports; catering directors will be able to make better booking decisions; developers will be able to make more accurate site and property valuation; and designers will have more information for commercial space utilization and planning.
“We’re excited to launch this important tool to help hoteliers make more informed decisions regarding their F&B venues,” said AH&LA President/CEO Joe McInerney, CHA. “I commend the Food & Beverage Council members for their forward thinking that F&B could and should be reported just as occupancy and related stats have been reported for decades.”
# # #
RYANAIR’S LOW FARE FLIGHTS NOW AVAILABLE TO BOOK AS PART OF ON THE BEACH PACKAGE HOLIDAYS…
Two Hyatt-branded hotels set to debut in Madinah as Hyatt House Madinah KEC and Hyatt…
Blending natural beauty with contemporary Chinese aesthetics, the spiritual hideaway invites guests to enjoy elevated…
Airline set for largest presence ever at global travel exhibition (IN SHORT) Emirates is set…
Mauritius, 2024-May-3 — /Travel PR News/ — Mauritius offers a unique blend of relaxation, adventure,…
Jaipur, India, 2024-May-3 — /Travel PR News/ — Four Wheel Drive India Pvt. Ltd., a…
This website uses cookies.