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New Study Identifies Holiday Activities That Elevate Safety Risks

Retrieved on:

Thursday, November 9, 2023

The inaugural guide showcases results from a ULSE study of 2,016 U.S. adults that revealed an alarming lack of awareness around key safety issues that become pronounced with the increased and changed activities during the holiday season.

Key Points:

The inaugural guide showcases results from a ULSE study of 2,016 U.S. adults that revealed an alarming lack of awareness around key safety issues that become pronounced with the increased and changed activities during the holiday season.
The safety advice put forward is based on 120 years of experience developing standards and focused on areas of concern revealed in ULSE’s new study.
Cooking: Many holiday cooks do not have carbon monoxide alarms or a fire extinguisher in the kitchen area.
Only 29% of the holiday cooks in ULSE’s study reported testing their smoke alarms monthly, as experts recommend.

reAlpha Announces Commercial Launch of GENA, a Product for Property Listing Descriptions Powered by Generative-AI

Retrieved on:

Wednesday, November 1, 2023

In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.

Key Points:

In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.
As an owner of, and investor in, residential real estate, reAlpha understands the complexities involved in marketing properties efficiently and effectively, including the time it takes to develop property listing descriptions for platforms such as Airbnb.
To that end, reAlpha developed GENA, which leverages reAlpha’s industry knowledge and generative AI technology to enhance or create property descriptions.
Whether a property is included in marketplaces such as Airbnb, VRBO, Zillow, Realtor or MLS, GENA can tailor detailed descriptions for each platform, as applicable.

EDO Ad Performance Report Reveals Most Effective Travel TV Advertisers, Including Southwest Airlines, Great Wolf Resorts and Turo

Retrieved on:

Thursday, July 13, 2023

EDO , the TV outcomes company, has released the inaugural Travel TV Performance Report revealing consumer engagement and ad effectiveness trends from July 2022 to June 2023.

Key Points:

EDO , the TV outcomes company, has released the inaugural Travel TV Performance Report revealing consumer engagement and ad effectiveness trends from July 2022 to June 2023.
EDO’s report highlights TV advertising performance across five categories – Hotels & Resorts, Air Travel, Cruises, Car Rental & Sharing, and Travel Websites & Services.
“We’re seeing the bounceback reflected in TV ad performance across most travel categories, from cruises to hotels and travel sites.
Hotels & Resorts rebound with brands including Hilton, Choice Hotels and Beaches Resorts driving the Hotels & Resorts category to a 100% increase in YoY engagement driven by TV ads.

Serial Entrepreneurs Capitalize on the Competitiveness of the Short-Term Rental (STR) Industry

Retrieved on:

Monday, July 3, 2023

Housing, Interview, Life, Feedback, Overalls, STR, Tar Heel, VRBO, Short-term rental, Investment, Risk, Rob, Algorithm, Zillow, PR, Mobile phone, Commercial property, Airbnb

NEW YORK, July 3, 2023 /PRNewswire-PRWeb/ -- After launching late last year, BNB Calc has reached it's 2,000th paid subscriber. While most investors in the Short-Term Rental (STR) space see increased competition as a negative, serial entrepreneurs Parker Place and Jeremy Werden have found it to be a profitable opportunity.

Key Points:

Serial entrepreneurs Parker Place and Jeremy Werden have found success by helping investors quickly analyze a property's income potential.
NEW YORK, July 3, 2023 /PRNewswire-PRWeb/ -- After launching late last year, BNB Calc has reached it's 2,000th paid subscriber.
While most investors in the Short-Term Rental (STR) space see increased competition as a negative, serial entrepreneurs Parker Place and Jeremy Werden have found it to be a profitable opportunity.
BNB Calc offers real estate investors the ability to accurately project short-term rental revenue and expenses on any residential property.

CASTLE HOSPITALITY GROUP ANNOUNCES RETIREMENT OF PRESIDENT AND CEO ALAN MATTSON; APPOINTS MATT BAILEY AS CHIEF OPERATING OFFICER

Retrieved on:

Monday, June 5, 2023

Aston, Travel, Airbnb, The Castle Group, VRBO, Aqua-Aston Hospitality, Marketing, Bailey, Growth, Sundance Resort, Island, Mattson, Hudson Castle Group, Hotel, Pacific Ocean

To ensure a seamless transition, the company has appointed long-time Hawaii hospitality executive Matt Bailey as Chief Operating Officer.

Key Points:

To ensure a seamless transition, the company has appointed long-time Hawaii hospitality executive Matt Bailey as Chief Operating Officer.
A recognized leader in Hawaii's travel and tourism industry, Bailey previously served as President & Chief Operating Office of Aqua-Aston Hospitality.
"Castle Hospitality Group is an exceptional company with two distinct brands and a disciplined focus on delivering results through innovation," said Bailey.
In 2019, The Castle Group Inc. rebranded to Castle Hospitality Group.

Discover Puerto Rico Leads Island's Strongest Year in Meetings and Events in Nearly a Decade

Retrieved on:

Monday, June 5, 2023

SAN JUAN, Puerto Rico, June 5, 2023 /PRNewswire/ -- Discover Puerto Rico, the Island's Destination Marketing Organization, is closing fiscal year 2022-2023 with record numbers in the MICE (meetings, incentives, conferences and exhibitions) sector driven by a strong roster of events hosted in the destination, and a stellar lineup of those forthcoming this year and the following. Puerto Rico's growing infrastructure and notable value propositions, including no passport or currency exchange required for U.S. travelers, make it an attractive MICE destination, coupled with the Island's rich and diverse culture, which cements its appeal for meeting planners and attendees.

Key Points:

We look forward to keeping the momentum into the next fiscal year and maintaining our presence as a premier hosting destination," said Ed Carey, Chief Sales Officer at Discover Puerto Rico.
In addition, WWE also held its special event, Backlash, in the Coliseum of Puerto Rico for an audience of over 17,000 fans.
TSNN , (October 27 – 29) – The Trade Show News Network will be hosting its 13th annual awards in Puerto Rico this fall.
Puerto Rico is home to standout venues with exceptional capabilities, state-of-the-art infrastructure, and unique spaces that attract groups and events of varying interests.

Hostaway Announces $175 Million Strategic Growth Investment Led By PSG

Retrieved on:

Wednesday, May 31, 2023

Hostaway, a leading all-in-one vacation rental software and management system, today announced a $175 million capital raise.

Key Points:

Hostaway, a leading all-in-one vacation rental software and management system, today announced a $175 million capital raise.
The funding represents the largest in the sector to date and was led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth.
Hostaway has increased its revenues by more than 10 times since 2021 and achieved strong profitability alongside its growth profile.
We look forward to partnering with Hostaway in this new exciting chapter.”
Vista Point Advisors, a San Francisco-based boutique investment bank, served as the exclusive financial advisor to Hostaway.

Glassbox Data Uncovers Slow Loading Times As Top Issue for Booking Travel via Websites and Apps

Retrieved on:

Wednesday, May 17, 2023

Similarly, data from a leading hotel brand uncovered conversion rates from native mobile apps were almost double that of conversions from desktop web.

Key Points:

Similarly, data from a leading hotel brand uncovered conversion rates from native mobile apps were almost double that of conversions from desktop web.
Additional Glassbox data highlights include:
Easy-to-use search filters (72%), price comparison tools (69%) and flexible booking options (62%) are top features respondents consider essential in a hotel/travel website or mobile app.
When consumers hit roadblocks with a digital booking, 40% will simply turn to another hotel/travel website, app or booking engine.
Slow load times are the top issue Glassbox’s survey respondents experience (46%) when using a hotel/travel website or mobile app.

OneFineBnB Maximizes Rental Revenues for Home Owners with Vacation Rental Management Expertise

Retrieved on:

Tuesday, May 9, 2023

Maintenance, Communication, Home Owners' Loan Corporation, VRBO, Software, Marketing, Property management, Airbnb

The company aims to help home owners maximize their rental revenues from short-term vacation rentals by offering comprehensive management services, including guest support, owner support, and various marketing channels.

Key Points:

The company aims to help home owners maximize their rental revenues from short-term vacation rentals by offering comprehensive management services, including guest support, owner support, and various marketing channels.
With over a decade of experience in vacation rental management, OneFineBnB has established itself as a reliable partner for home-owners looking to maximize their short-term rental revenues.
"We are confident that our expertise in vacation rental management, combined with our proprietary software and strong relationships with vacation rental channels, will help us achieve this goal.
With a focus on providing reliable and comprehensive vacation rental management services, OneFineBnB is poised to become a leader in the industry.

Out of Home Advertising up 20.7%, Exceeding Revenue Record Set Pre-COVID in 2019

Retrieved on:

Tuesday, March 28, 2023

WASHINGTON, March 28, 2023 /PRNewswire/ -- Out of home (OOH) advertising revenue increased 20.7 percent in 2022 compared to the previous year, accounting for $8.6 billion, based on figures released by the Out of Home Advertising Association of America (OAAA). This marks a critical milestone for OOH, with 2022 outpacing the previous record set in 2019. The news aligns with recent research from Magna, which shows that OOH produced greater growth than any other core ad medium in the past year.

Key Points:

This marks a critical milestone for OOH, with 2022 outpacing the previous record set in 2019.
A key driver for the year, the digital out of home (DOOH) segment jumped 24.2 percent compared to 2021, according to the OAAA data.
At the same time, OOH overall experienced double-digit growth across all four categories: Billboards, Street Furniture, Transit, and Place-Based.
Revenue estimates include digital and static billboard, street furniture, transit, place-based, and cinema advertising.