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Crypto Market Making Explained | Strategies, Importance & Role in Crypto Trading - 0 views

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    The world of cryptocurrencies is rapidly expanding, with new digital assets and trading platforms emerging every day. In this dynamic environment, market makers are essential players contributing to the efficient exchange of cryptocurrencies and ensuring price stability. In this article, we will explore the concept of cryptocurrency market making and its significance in the trading landscape. We will delve into the various strategies employed by market makers to manage their positions and reduce risks and discuss the importance of their activities in fostering growth and innovation within the crypto sector. So, whether you're a casual trader or an institutional participant, read on to discover all you need to know about crypto market making. What is Crypto Market Making? Crypto market making involves specialized entities, known as market makers, who play a crucial role in the trading landscape by providing continuous buy and sell prices on digital asset exchanges. These entities help facilitate the efficient conversion of assets like the Axie Infinity coin, Solana, Monero, and others by ensuring there is always a counterparty for market participants wishing to execute trades. A market making strategy in crypto is to ensure there is enough liquidity for digital assets and they can be easily traded. It is especially important for less popular assets or those that lack trading volume on the market. In addition, market makers act as price stabilizers for popular assets like Bitcoin, absorbing excess demand and protecting against sharp price jumps.
asianhospitality

Barris to lead ELEVAT3's new sales and marketing division - 0 views

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    Beth Barris is the new executive vice president of sales and marketing for ELEVAT3, a revenue management consultancy led by Nilesh Patel as founder and partner. The company recently launched a new sales and marketing division to offer tailored branding solutions for hoteliers. Before joining ELEVAT3, Barris was chief sales officer at Barris Hospitality Consultancy, where she worked with hotel sales and marketing teams, owners and management companies to increase sales revenues and market share. She previously held various roles at Marshall Hotels & Resorts, including executive vice president of sales and marketing. The company combined its revenue management and sales and marketing divisions to provide a collaborative approach, ELEVAT3 said in a statement. The sales and marketing team provides services from full sales to market-plan development and prospecting, enhancing revenue management capabilities, the statement said. While clients can choose either service, both teams are designed to work together for branded and independent hotels.
bookhouseboats

Gain a Competitive Edge over your Competitors and their Business Strategies - 0 views

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    In a cutthroat market, to keep going - every business needs to have a competitive edge over contenders. The scenario in the Hospitality and tourism sector is nothing different, where lot of players can be seen battling for customers and for the bigger market share. Unlike before, with too many Hotels around competing with each other, the customers have a lot on platter to choose from and almost everyone today has the tendency to select nothing but the best service providers in the market. Price was, has been and would always be a prime concern for customers. Earlier when the choices were limited (in terms of service providers), the customers had no option than going for whatever they used to get in the market at the FIXED price asked by the suppliers. However, with the change in market scenario and entry of new players (and the trend is continuing), the customers have the power and they are the ones that have the final say in everything. In such a scenario (in an exclusive buyer's market), it becomes imperative for Hotels (companies) to be flexible in/with their approach towards customers. Irrespective of income group or standard of living, every customer has concerns about pricing. Who does not like best deals in anything? The customers would always look for highest quality products/services that come with the best price tag. The Hotels that befit the requirement of customers with respect to quality and pricing have fair chance of winning them, at the first place. In order to price better and win customers to their business, the Hotels need to know what their competitors are doing and what their pricing or customer strategies are. Watching and following business rivals is very important, because if both (hotels) are offering similar quality services and if one has a better pricing then customers would go with that supplier where they are getting better deals. Hence, to avoid losing customers to business rivals, hotels need to stay ahead of competitors and t
asianhospitality

Knowland adds sub-market filter to its search and dashboards - 0 views

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    KNOWLAND, A HOSPITALITY data-as-a-service provider, recently integrated a sub-market filter into its search and dashboard functions, adding to its market snapshot and new-to-market capabilities. This new feature enables precise filtering down to the sub-market level within larger markets, identifying localized opportunities, Knowland said in a statement. "To stay agile in this competitive industry, hotel sellers must be savvy about community activity," said Jeff Bzdawka, Knowland's CEO. "With this localized market view, they see opportunities in their immediate area rather than sifting through broad datasets. We continue to innovate our platform with new features and functionalities to help sales teams excel in account-based selling and automate the sales process for better outcomes." Hotel sales teams rely on detailed data analytics for sourcing new business, Knowland said. The sub-market filter provides accessible metrics on top neighborhoods, aiding teams in adopting an account-based selling approach.
asianhospitality

Knowland: Tampa-St. Petersburg sees 20 percent growth in February M&E - 0 views

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    TAMPA-ST. PETERSBURG, FLORIDA led in meetings and events growth for the top 25 markets in February with a 20 percent year-over-year increase, according to Knowland. Denver and Boston came in second and third, respectively, while National Associations and Technology groups led in four of the top five markets. Overall, year-over-year event volume growth for the industry reached 5.3 percent, the report said. Meetings in the top 25 markets used an average space of 3,507 square feet, compared to 2,890 square feet in secondary markets. The top 25 markets had an average of 124 attendees, while secondary markets averaged 118 attendees. Additional insights into the key industry drivers for the top 25 markets with the highest meeting volumes include: Tampa-St. Petersburg (up 20 percent): national association, healthcare, charity/non-profit/social services, technology and wedding. Denver (up 7 percent): technology, national association, education, healthcare and construction. Boston (up 15 percent): education, healthcare, technology, training/education and travel.
asianhospitality

Jordan promoted to Red Roof VP of marketing - 0 views

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    Lisa Jordan is the new vice president of marketing at Red Roof. She will lead the development and execution of the company's marketing and digital strategies to drive business growth. Jordan joined the company in 2021 and led the integrated digital marketing team, working on the company's web, advertising, and social media platforms. Jordan played a role in enhancing redroof.com and collaborated across communication, sales, revenue management, and operations to elevate the customer experience and boost revenue, Red Roof said in a statement. "Lisa is a powerful asset on our leadership team and a secret weapon in our marketing mix," said Marina MacDonald, Red Roof's chief marketing officer. "Her promotion is right for the company and a reflection of the value she brings to this critical function, and I know that she will succeed in her new role."
aado lfst01

Hotel And Other Travel Accommodation Market Global Report 2017 - 0 views

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    Bharat Book Bureau Provides the Trending Market Research Report; on"Hotel And Other Travel Accommodation Market Global Report 2017". The Hotel And Other Travel Accommodation Market Global Report provides strategists, marketers and senior management with the critical information they need to assess the global hotel and other travel accommodation sector.
asianhospitality

CoStar:U.S Hotel Profits: Insights on GOPPAR and TRevPAR Growth - 0 views

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    U.S. HOTEL REVENUE and profitability saw a rise in October, propelled by increased group demand across the top 25 markets, according to CoStar's October 2023 Profit & Loss data. Meanwhile, the U.S. hospitality industry also witnessed its largest year-over-year increases in GOPPAR and TRevPAR since March 2023. In October, GOPPAR reached $97.45, marking a 3.7 percent increase from the same month in 2022. TRevPAR stood at $240.74, indicating a 4 percent increase, whereas EBITDA PAR amounted to $69.60, down 1.2 percent from September 2022. Labor costs notably rose to $74.48, reflecting a 5.9 percent increase. "The top 25 markets have demonstrated an 11 percent year-to-date increase in GOPPAR, surpassing a 14 percent rise in labor costs," said Audrey Kallman, research analyst at STR. "This double-digit GOPPAR growth is over 10 times the level observed in all other markets. New York City, a prominent business-centric market, spearheaded growth in the metric across major markets both on a year-to-date and monthly basis."
asianhospitality

SiteMinder, IDeaS release 'Dynamic Revenue Plus' - 0 views

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    SITEMINDER, THE HOSPITALITY software platform led by CEO Sankar Narayan, and IDeaS recently launched the "Dynamic Revenue Plus" revenue management system that enables hotels to access live market intelligence and quickly act on their bookable inventory, pricing and distribution strategies. This mobile-first solution allows any hotel to optimize revenue based on market demand, unlike traditional RMS, which are often limited to select hotels. Dynamic Revenue Plus employs data from SiteMinder's platform, encompassing 120 million annual hotel bookings, and will soon be enhanced with pricing recommendations from IDeaS, the companies said in a joint statement. "We're committed to democratizing revenue management and bringing the benefits of dynamic, demand-based pricing to hotels across the globe," said Klaus Kohlmayr, IDeaS' chief evangelist and development officer. "This partnership offers hotels of all sizes and operating models a viable option to avoid losing revenue due to outdated manual practices." The integration of IDeaS' dynamic pricing capabilities with SiteMinder's distribution platform and market intelligence will help hotels of all sizes, including those with limited resources, with robust revenue management and quick market access, the statement said. It will initially be available to hotels in Australia and New Zealand, expanding to other markets in 2025, the companies said.
asianhospitality

Louisville, KY Event Volume Soars 94.9% YoY in July 2024 - 0 views

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    LOUISVILLE, KENTUCKY'S EVENT volume doubled to 94.9 percent year-over-year in July, according to Knowland. It is Louisville's fifth month in the top five secondary markets this year. Philadelphia led the top 25 markets with 27.7 percent growth, driven by a National Education Association event and several state-level education associations, according to Knowland. Louisville has become a key meetings hub in secondary markets, with an average of 4,935 square feet used and 119 attendees, while Philadelphia averaged 3,066 square feet and 117 attendees, the report said. Secondary markets grew by an average of 6.9 percent, compared to 3.6 percent for the top 25 markets.
asianhospitality

Phoenix tops M&E markets in October with 19.7 percent growth - 0 views

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    PHOENIX RANKED FIRST among the top 25 markets with 19.7 percent year-over-year growth in October, according to Cendyn's Sales Intelligence platform, formerly Knowland. This was its first time at the top spot this year, driven by national associations, technology, healthcare and financial/banking events. Las Vegas followed closely with 17.7 percent growth, placing it in the top five for the 10th consecutive month, Cendyn said. South Michigan and Florida's Panhandle led secondary markets, while Kauai, Hawaii, saw significant year-over-year growth at 72 percent. Phoenix averaged 5,612 square feet and 174 attendees, primarily driven by national association events, which made up 8.6 percent of event volume, the report said. Las Vegas remained in the top five, ranking second, supported by national association events and weddings. Across the top 25 markets, average space usage rose to 3,902 square feet with an average of 132 attendees.
Priyanshu Rawat

Gaffar Market In Karol Bagh - 0 views

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    Gaffar Market is one of India's biggest electronics markets, which is especially famous for the mobile phones. Find out what else can be found in Gaffar Market and other details over here.
asianhospitality

Jennifer Stilwell is VP of marketing for Auro Hotels - 0 views

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    Jennifer Stilwell is the new vice president of marketing for auroHOTELS, led by D.J. Rama as president and CEO. Previously, she served as chief marketing officer for VisitGreenvilleSC, the destination marketing organization for Greenville, South Carolina, where auroHOTELS is based. Prior to VisitGreenvilleSC, Stilwell led tourism brand marketing for Leslie Advertising, handling accounts such as the South Carolina Department of Parks, Recreation & Tourism. She also worked for New York ad agency Warren/Kremer representing NYCVB, Four Seasons Hotels & Resorts, La Cabana in Aruba and Club Med. A native of New Jersey, Stilwell graduated from Rollins College. While at VisitGreenvilleSC, where she also served as executive vice president and chief strategic officer, she directed and launched the "yeahTHATgreenville" rebranding campaign for the city.
asianhospitality

STR's Forward STAR to add more than 100 new locations in North America - 0 views

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    STR HAS UNVEILED the forward-looking component of its product "Forward STAR" in 104 new markets/submarkets across the U.S. and Canada. Forward STAR, which is presently live in 450 areas around the globe, allows hotel property and portfolio users to benchmark the next 365 days of occupancy on the books against the competition and market. "This launch represents our largest Forward STAR expansion to date and adds significant value to our overall benchmarking offering," said Amanda Hite, STR's president. "Adding to the historical data that drives so many operational decisions around the industry, this directly sourced forward data provides intel into where hotels can gain available business, adjust their approach to pricing, and implement actions around market events. When combining historical metrics, profitability data and these forward bookings insights, industry stakeholders are positioned to analyze performance from every angle." According to the statement, Forward STAR was launched in 17 of the country's 25 largest hotel markets, including Las Vegas, New York City, Los Angeles, Washington, D.C., Boston and Phoenix. More granular submarkets were added with the addition of central business districts in markets such as Austin, Chicago, Nashville and New Orleans as well as airport submarkets in areas such as Miami, San Francisco and Bradenton, Florida.
asianhospitality

Knowland: Nashville meetings and events rose 38 percent YOY in April - 0 views

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    NASHVILLE RECORDED A 38 percent year-over-year increase in meetings and events in April, according to Knowland. Meanwhile, Las Vegas maintained a steady ascent with a 22.8 percent year-over-year growth. Overall, the industry saw a marginal 1.3 percent year-over-year increase in meeting volume. Among the top 25 markets, meetings averaged 3,768 square feet, compared to 3,684 square feet in secondary markets, the report said. Average attendance in the top 25 rose slightly to 133, while secondary markets saw an average of 127 attendees. Top five markets with highest YOY event volume growth Nashville stood out as a meeting destination in April, leading in growth among the top 25 U.S. markets, the report added. It recorded an average space use of 3,885 square feet with 131 average attendees, largely driven by national associations such as the Association of Physical Plant Administrators.
asianhospitality

Knowland: Las Vegas, Oahu lead May meetings & events growth - 0 views

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    LAS VEGAS SAW 18.5 percent year-over-year growth in group business this May, while Oahu Island, Hawaii, ranked second with a 17.9 percent year over year increase, according to Knowland. The average meeting space in the top 25 markets was 3,615 square feet, compared to 3,625 square feet in secondary markets. The top 25 markets averaged 128 attendees, while secondary markets had 127 attendees, Knowland said. Las Vegas led the top 25 U.S. markets in meeting growth in May, with an average space of 7,803 square feet and 287 attendees, the report said. Key drivers included technology events like the Electronic Distributor Show and national associations such as the International Council of Shopping Centers.
asianhospitality

Cendyn: St. Louis leads December M&E growth in top 25 markets - 0 views

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    THE ST. LOUIS METROPOLITAN area ranked first in the top 25 markets with 125.8 percent year-over-year meeting and events growth in December, followed by Nashville, Tennessee, with 28 percent growth, according to data from Knowland by Cendyn. Louisville, Kentucky, led secondary markets with 135.6 percent year-over-year growth, topping the list for the eighth time in 2024. No single event drove St. Louis's growth, the report said. The top four accounts-HavenHouse, Arcadian Infracom, Crisis Prevention Institute, and the Train Shed-contributed nearly 9 percent, while SMERF events accounted for almost 11 percent, surpassing corporate accounts. St. Louis averaged 2,112 square feet with a group size of 97, while the top 25 markets averaged 3,045 square feet with a group size of 121.
Angella Grey

Online Marketing Tips - 0 views

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    Online Marketing Tips - Onlinе marketing has сhаngеd dramatically in the past few уеаrѕ. Google the largest search engine and by far the most used and important online search engine is a key factor to any online success.
relevanceweb bookmarking

Five of the Best Salzburg Christmas Market Locations - 0 views

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    A Christmas break to winter wonderlands such as CLC World's Alpine Centre in Austria wouldn't be complete without a visit to the bustling, festive market in Salzburg, renowned around the world for its bright and beautiful Christmas markets where you can sample the variety of locally crafted delights and seasonal snacks at your leisure. To help you navigate your way through the city of Mozart this December, we've pulled together the best Salzburg Christmas market locations so you can have all the magical holiday vibes. Take a look below and start planning your festive feasting.
OUR NCR

List of Top Shopping Markets in Delhi NCR - 0 views

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    Top Shopping Markets in Delhi, Get complete information about all of Shopping Markets in Delhi NCR. Also, find out top places to visit near Delhi NCR including attractions. Get complete detail about historical places, beautiful temples, shopping markets, architectural sites in Delhi NCR.
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