Latest news with #SiteMinder
Travel Daily News
04-06-2025
- Business
- Travel Daily News
SiteMinder announces "Risk, Resilience & Revenue" series
SiteMinder launches June webinar series to help hoteliers tackle 2025 booking declines with data-driven strategies amid global uncertainty. DALLS, TEXAS – SiteMinder has announced the launch of a new global webinar series: 'Risk, Resilience & Revenue – Navigating Hotel Demand in 2025', running throughout June. The series will bring together industry leaders to provide hoteliers with practical, data-driven strategies for maximizing revenue at a time of geopolitical and economic uncertainty. The announcement comes as SiteMinder's data reveals hotels globally are experiencing a 1.31% decline in bookings for summer 2025 (June – August) compared to last year. US properties face greater challenges, with summer volumes down 6.72%, driven in part by a 46.04% year-on-year fall in Canadian bookings and a 7.37% reduction from Mexican guests. Average daily rates (ADR) for US properties have shifted to $317.29 for the June – August period, compared to $330.03 last year – a 3.86% adjustment. Regional performance varies: Texas hotels report a 6.04% ADR gain, while Florida properties show an 8.76% reduction for the same timeframe. Domestic travelers remain the foundation of US hotel revenue, representing over 70% of all arrivals throughout the first four months of 2025, according to SiteMinder. Trent Innes, SiteMinder's Chief Growth Officer, says: 'While market volatility certainly brings challenges, it also opens up real opportunities for the hotels ready to adapt. That's exactly why we created 'Risk, Resilience & Revenue' – to bring together industry leaders from around the world to share the strategies shaping success in their markets right now. By combining diverse perspectives with comprehensive market insights, we're helping hotels identify and act on emerging trends, tap into new source markets, and navigate today's complexities. It's about equipping hoteliers with the clarity and confidence to turn disruption into momentum.' According to SiteMinder, the data also reveals resilience within the US market. Despite volume pressures, the booking window for summer stays made during April remains stable at 80.44 days, compared to 81.78 days last year, while the average length of stay has increased slightly to 2.29 days for summer 2025, up from 2.26 days in 2024. The US session of SiteMinder's international webinar series will take place on the 3rd June at 12pm EDT, with the participation of Michelle Viajeador, Market Development Manager at SiteMinder, and Josh Graham, Head of Market Development North America at Cloudbeds.
News.com.au
06-05-2025
- Business
- News.com.au
Lunch Wrap: ASX swings sideways as gold bounces back; Fed call in focus
ASX wobbles as financial and staple stocks slip Overnight, Wall Street stumbled with the Fed back in the hot seat Meanwhile SiteMinder shines but Sigma sinks and WiseTech warns It's been a wobbly old day on the ASX so far, with the benchmark ASX 200 index swinging between gains and losses before flattening out by around lunchtime in the east. Overnight, the US S&P 500 finally hit the brakes after a record nine-day run, dropping by 0.64%. The tech-heavy Nasdaq also fell by 0.74%. Wall Street traders had mixed signals. On one hand, Trump reckons a few trade deals might land this week, but he's not picking up the phone to Xi. Some reckon Trump's got a limited window to ink trade deals before the damage becomes harder to reverse. On the other hand, stronger-than-expected US services data cooled recession fears, but it also reignited talk of rising prices. That puts the Federal Reserve front and centre again, with traders now betting the Fed will leave rates unchanged in its upcoming decision. That announcement's due first thing Thursday morning our time, but short-term yields have risen three days straight. On the stock front, the news wasn't fantastic, either. Ford Motors has yanked its guidance, tech giant Palantir missed expectations, and the overall mood on Wall Street was just more twitchy than bullish. Back home, investors tuned into updates flowing from the Macquarie conference. Mining as well as property players were in form this morning. Vicinity Centres (ASX:VCX) jumped 3% after saying it's tracking toward the top end of full-year guidance. But there were losses in consumer staples. Endeavour Group (ASX:EDV) gave up 4% after flagging flat-to-modest retail sales ahead. Energy stocks also eased back a bit, as Brent crude sank to as low as $US57 a barrel before bouncing back to US$60. Meanwhile, gold bounced back more than 2% overnight, snapping its losing streak as jittery markets piled back into the shiny stuff ahead of the Fed's big call this week. In other large caps news, data centre stock NextDC (ASX:NXT) said its forward order book has more than doubled, its strongest result yet. Shares rallied 8%. Pharma distributor Sigma Healthcare (ASX:SIG) dropped nearly 4%, dragging down the health sector, despite lifting earnings 36% in the first half, thanks mainly to its merger with Chemist Warehouse. Hotel booking tech platform SiteMinder (ASX:SDR) said it's expecting revenue to grow faster in the second half. That gave investors something to cheer about in the tech space. Shares rose 1%. WiseTech Global (ASX:WTC), however, struck a more cautious tone. Presenting at the Macquarie conference, WTC warned that geopolitical tension and fresh trade tariffs could bite in FY25. The logistics software giant didn't change its full-year guidance, but noted that global container volumes are tipped to fall by 1% this year. WTC shares slipped 2.5%. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for May 6 : Security Description Last % Volume MktCap DTR Dateline Resources 0.034 55% 165,867,081 $60,842,510 BP8 Bph Global Ltd 0.003 50% 190,000 $2,101,969 WCN White Cliff Min Ltd 0.033 43% 150,113,733 $43,595,827 AN1 Anagenics Limited 0.008 33% 325,000 $2,977,922 OVT Ovanti Limited 0.004 33% 200,592 $8,104,644 VEN Vintage Energy 0.004 33% 746,250 $5,697,666 AZL Arizona Lithium Ltd 0.009 29% 37,093,560 $31,932,702 BGE Bridgesaaslimited 0.019 27% 32,000 $2,997,888 IPB IPB Petroleum Ltd 0.005 25% 1,042,715 $2,825,612 KRR King River Resources 0.010 25% 2,302,601 $12,225,766 WTM Waratah Minerals Ltd 0.290 23% 4,473,099 $47,717,729 PRS Prospech Limited 0.027 23% 8,588 $7,234,170 OD6 Od6Metalsltd 0.038 23% 316,311 $4,936,618 S66 Star Combo 0.140 22% 1,500 $15,534,543 SMM Somerset Minerals 0.017 21% 19,919,156 $5,918,271 EVR Ev Resources Ltd 0.006 20% 2,190,333 $9,929,183 WBE Whitebark Energy 0.006 20% 407,246 $1,999,534 LKY Locksleyresources 0.027 17% 3,063,052 $3,373,333 GCM Green Critical Min 0.014 17% 12,879,491 $23,540,140 IPT Impact Minerals 0.007 17% 5,387,410 $22,215,980 OSL Oncosil Medical 0.004 17% 1,652,672 $13,819,740 TEG Triangle Energy Ltd 0.004 17% 600,133 $6,267,702 C1X Cosmosexploration 0.078 16% 12,820 $6,932,262 HAW Hawthorn Resources 0.051 16% 405,694 $14,740,687 White Cliff Minerals (ASX:WCN) has hit a very promising copper intercept at its Danvers project in Canada, drilling 175m at 2.5% copper from just 7.6m down. The hole ended in even higher grades, still open at depth. The company says it's one of the best copper hits globally in decades, and is planning more drilling to chase it further. More assays are on the way, with a maiden JORC resource in the works. Waratah Minerals (ASX:WTM) fronted the RIU Resources Conference with a cracking pitch on its gold-copper hunt in NSW's Lachlan Fold Belt, one of Australia's hottest mineral districts. It's sitting on a big district-scale land position at its Spur project, 100% owned, right near majors like Newmont and Gold Fields, with solid hits already in the bag including 11m at 10.8g/t gold and nearly 200m at 0.54% copper equivalent. Waratah reckons it's only just getting started in what's shaping up to be a prime gold-copper postcode. Somerset Minerals (ASX:SMM) has just wrapped up the acquisition of the high-grade Coppermine Project in Nunavut, right next door to White Cliff's monster copper hit at Danvers. It now controls a massive 1,200km² landholding packed with historical copper finds, including grades up to 45.4% copper, and is gearing up to launch its maiden drill campaign in just a couple of weeks. Early targets at Coronation are looking juicy, the company said, with reprocessed geophysics lighting up multiple anomalies, and old drill holes that ended in mineralisation. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for May 6 : Code Name Price % Change Volume Market Cap HCF HGH High Conviction 0.024 -33% 86,865 $698,633 AXP AXP Energy Ltd 0.001 -33% 165,000 $9,862,021 BIT Biotron Limited 0.002 -33% 70,000 $3,981,738 PAB Patrys Limited 0.002 -33% 370,000 $6,172,342 RLL Rapid Lithium Ltd 0.002 -33% 310,371 $3,734,834 VFX Visionflex Group Ltd 0.002 -33% 15,181 $10,103,581 VML Vital Metals Limited 0.002 -33% 833,333 $17,685,201 IMI Infinitymining 0.006 -25% 1,109,674 $3,384,126 SRJ SRJ Technologies 0.013 -24% 500,000 $10,294,827 DYM Dynamicmetalslimited 0.255 -23% 346,933 $16,197,832 KPO Kalina Power Limited 0.006 -21% 530,244 $20,259,538 AVE Avecho Biotech Ltd 0.004 -20% 862,287 $15,867,318 DGR DGR Global Ltd 0.004 -20% 256,000 $5,218,480 DTM Dart Mining NL 0.004 -20% 30,915 $3,438,820 HLX Helix Resources 0.002 -20% 300,000 $8,410,484 LNR Lanthanein Resources 0.002 -20% 103,299 $6,109,090 OLI Oliver'S Real Food 0.004 -20% 372,250 $2,703,660 VRC Volt Resources Ltd 0.004 -20% 1,257,263 $23,423,890 C29 C29Metalslimited 0.038 -17% 301,626 $8,012,659 SER Strategic Energy 0.005 -17% 7 $4,026,200 SHP South Harz Potash 0.005 -17% 318,260 $6,495,472 SKK Stakk Limited 0.005 -17% 200,000 $12,450,478 8CO 8Common Limited 0.016 -16% 75,001 $4,257,803
AU Financial Review
21-04-2025
- Business
- AU Financial Review
Productivity loss, morale gain: The bring-your-kids-to-work-day trend
About 250 children and 150 parents piled onto level 26 of professional services firm KPMG's Barangaroo office in Sydney last week for an Easter-themed day of face painting, dancing and biscuit decorating. At PwC in Melbourne, 200 children filled the office for balloon twisting and tug of war. At hotel technology platform SiteMinder in Sydney, 60 children younger than 10 spent the day gaming, face painting and puzzle building.
Yahoo
06-04-2025
- Business
- Yahoo
Boss uses a recruiter-approved coffee cup test in every interview—and he won't hire anyone who fails it
There's another red flag test to have on your radar, this time involving coffee cups. One boss says he won't hire anyone who fails it—and recruiters tell Fortune it actually works. Previously, we've heard from a CEO who rejects job candidates who say they can start right away and the sneaky salt and pepper test that plagues lunch interviews. Now, there's a coffee cup test to add to job seekers' list of hoops they need to jump through to land a job in today's tough market. The trick was described by an Australian boss, Trent Innes, who is the former managing director of accounting platform Xeno, and now works as the chief growth officer at SiteMinder. Speaking on the business podcast "The Ventures," Innes said he always takes prospective employees for a walk to the kitchen for a beverage—and although he calls it a coffee cup test, it's not about whether you take your caffeine hit black or with sugar. You could even forgo coffee for water or tea and still pass the test. It's what you do with your cup afterward that he's keeping an eye on. "Then we take that back, have our interview, and one of the things I'm always looking for at the end of the interview is, does the person doing the interview want to take that empty cup back to the kitchen?" Innes said. Unfortunately, those who have the right skills for the job but leave their dirty mug at the scene of the interview probably won't hear back from the hiring manager. Innes thinks it's a red flag that they're not the right culture fit for the company. "You can develop skills, you can gain knowledge and experience, but it really does come down to attitude, and the attitude that we talk a lot about is the concept of 'wash your coffee cup,'" the boss added. Taking your used cup, mug or glass back to the kitchen highlights that you're a team player, considerate, and care about the small things. It's not what you know, or even who you know—countless CEOs have highlighted that success hinges on attitude. Like Innes, Andy Jassy has said that an 'embarrassing amount of how well you do, particularly in your twenties' depends on it. 'I think people would be surprised how infrequently people have great attitudes,' the Amazon CEO revealed. 'I think it makes a big difference.' Likewise, the CEOs of Pret and Kurt Geiger have both stressed that being nice to their boss and coworkers was one of the biggest determining factors in their success. 'You cannot teach positive attitudes and engagement and energy,' Cisco's U.K. CEO Sarah Walker echoed recently in Fortune. That's the No. 1 green-flag trait she keeps an eye out for when hiring or looking to promote from within—and she said it outweighs what's on your resume, especially early in your career. 'It's more about the person first and foremost than it is about skills or experience,' she added. If you want to test for attitude over aptitude, you'd be happy to learn that the coffee cup test actually works. Lewis Maleh, CEO of the global executive recruitment agency Bentley Lewis, says it's one of many subtle tests he's seen in his 20 years of recruiting experience—'and I think there's some real value to it.' 'I've found that these little behavioral observations can tell you so much about a person that you'd never catch in a formal Q&A,' he says, adding that employers could also watch how interviewees treat reception staff for similar intel. 'So much of hiring is about culture and fit and I think this is an important part of assessing whether someone would suit your organization.' But he wouldn't pin entire hiring decisions on such tests. 'I see it more as one piece,' he adds. 'Go for it, but keep it in perspective. Not every great candidate will think to clear their cup, especially if they're nervous or unfamiliar with your office. Some might even come from work cultures where this wasn't expected.' After offering to help an assistant clean up coffee cups people had left behind from a prior meeting, Saira Demmer says she landed a role at SF Recruitment. In the four years since, she's been promoted to CEO. 'It was between me and another candidate,' Demmer recalls. "I insisted on helping, and she fed back to the 2 MDs making the decision that she strongly felt I was the better fit for that reason.' 'I don't personally put people through this test, but I do think it's a good one because it's a real-life test of EQ, teamwork, and understanding of the environment around you,' she adds. 'These skills are critical to success and a very good guide as to how likely someone is to have a positive impact on others or not. Culture is such a huge driver of business success that I would applaud any leader who takes the level of care to consistently look for these kinds of details.' This story was originally featured on
Bloomberg
26-03-2025
- Bloomberg
‘White Lotus' Craze Bolsters Thai Island's April Hotel Bookings
Thailand saw a surge in hotel bookings by international visitors for the Songkran holiday in April, with the island of Koh Samui - filming location of the hit series White Lotus - recording a 65% increase from a year ago, according to the government. Koh Samui, located in southern province of Surat Thani, tops the hotel booking list for foreign tourists planning to check in between April 10 and 17, Deputy Spokesman Anukool Pruksanusak said in a statement, citing data from technology solutions firm SiteMinder.
