Veritasus Consulting

🚗💨 Adelaide Accommodation Market Races Ahead with the VAILO Adelaide 500 The 2024 Vailo Adelaide 500 has kickstarted with incredible results for the Adelaide CBD hotel market. Over the first two days of this four-day event, we've seen: 📈 RevPAR growth of 39.45% 🏨 Occupancy up by 13.68% 💲 ADR jumping by 22.67% These trends represent an estimated $1.41 million in additional accommodation revenue, driven by: 🎤 Epic After Race Concerts featuring Crowded House and Cold Chisel 🏍️ The addition of the Australian Supercross Championship 🤝 Overlapping demand from large conferences at the Adelaide Convention Centre The Vailo 500 showcases how strategic event planning and diversified offerings can transform the local hospitality market. As we analyze the final results, it's clear that opportunities like these require proactive revenue management and distribution strategies. Stay tuned for a full update once the event concludes! 🌱 Ready to grow your "garden of profit"? At Veritasus Consulting, we help hotels cultivate their revenue strategies to thrive in dynamic markets. #Vailo500 #AdelaideHotels #HospitalityIndustry #RevenueManagement #EventEconomics #HotelGrowth 🌟 https://lnkd.in/gNe-Z3_V Nicholas Hurley Dale Simpson Jenny H. Anna Hurley Peter Malinauskas Michael Rossi Andrew Bullock Leigh Kentwell Myles Carr Hurley Hotel Group - HHG Adelaide Economic Development Agency South Australian Tourism Commission

As I close the curtains on the RISE UP - APAC Revenue Management Summit, I want to extend a heartfelt thank you to everyone who participated in two dynamic days filled with quality content, engaging discussions, and invaluable networking opportunities. The fabulous Revenue Management community always shines when like-minded professionals gather to share knowledge and insights. I just love the energy and positive vibe when we are all together. A special thank you to our keynote speakers, whose expertise and enthusiasm were pivotal to the success of our event. I am also immensely grateful to our partners for their unwavering support and contribution. Additionally, I must acknowledge the tremendous team effort from our behind-the-scenes crew who worked tirelessly to ensure everything ran smoothly, including the staff at RACV City Club, the AV team, Georgina Williams, Nicole Hollmann Beverley Wood and Jasper Musgrave of Twisted Truth Media. Thank you all for making the RISE UP - APAC Revenue Management Summit a wonderful success. Melbourne we are back! And I look forward to seeing you again next year! https://lnkd.in/guwkPEUB Thank you to our Partners Intellisoftware Pty Ltd Expedia Group Partnerships SiteMinder Duetto Victoria Tourism Industry Council (VTIC) Accommodation Australia Tourism Industry Council SA (TiCSA) Australia and New Zealand Short Term Rental Accommodation Association Caravan Industry Association of Australia IDeaS Revenue Solutions Booking.com Agilysys D-EDGE Hospitality Solutions Lighthouse RMS Cloud Amadeus The Hotels Network Veritasus Consulting Bowerbird Technologies LiftUp Leadership STR Otelier Fastrack Digital PriceLabs Allara Learning and The Hotel School Australia Todd Simms Madhavi Nagarajan Katrina Wallace and Dawid Naude Clive Dwyer, GAICD Amin Beheshti Richard Munro Will Creedon and Mitchell Price #thankyou #riseup #apacrmsummit

The Veritasus Consulting team at the APAC Revenue Management Summit by ARMA #apacrmsummit

I'm thrilled to announce that I will be speaking at the upcoming APAC Revenue Management Summit by ARMA! Even more exciting, the whole team from Veritasus Consulting will be there. It's an incredible opportunity to connect with industry leaders, share insights, and learn more about the latest trends in revenue management. Looking forward to engaging discussions and innovative ideas. Don't miss out on this event! Find out more and join us here: https://lnkd.in/gHpxaGma #apacrmsummit #riseup #revenuemanagement #learnmore

We're so excited to have Dale Simpson on board with us at Veritasus Consulting!

🎉 Celebrating New Year's Eve 2023: A Tale of Contrasts! 🏨 Sydney shines with a record-breaking 13.6% RevPAR growth, soaring to new heights. Meanwhile, Adelaide faces challenges with a 12% decline, and Melbourne experiences mixed fortunes. 🌟 Diverse forces shape the Australian hospitality landscape. 🏙️ #NewYearEve #HotelPerformance #SydneySuccess #AdelaideChallenges #MelbourneTrends #HospitalityInsights #RevPAR #ADRgrowth #AustralianHotels 📊 Check out the full blog post for a detailed analysis! 📈👉https://lnkd.in/ghYnRUGj

Duetto and Veritasus Consulting, looking to take their hotels to new heights in 2024. Come and jump on board 🚀

Adelaide's CBD is in a tumultuous period with December 2023 poised to be its second-worst month on record for occupancy. 🗓️ With a 24% decline since 2019 and a 12% drop since last year, challenges loom large. Factors like event rescheduling and significant supply growth contribute to this downturn. 📊 The hospitality landscape is evolving, requiring adaptive strategies. #AdelaideHotels #OccupancyTrends #HospitalityInsights https://wix.to/oUBwWci

🌟 Thrilled to share the success story of one of our clients 🏨 Guided by Veritasus Consulting's revenue mastery and empowered by Duetto's open pricing, this hotel outshone competitors during a key event period. 🚀 Exceptional market share, strategic rate code performance, and room type success were key highlights. 💡 Embracing innovation in hospitality with powerful partnerships! 👏 #HotelSuccess #RevenueManagement #InnovationInHospitality #StrategicPartnerships #DuettoOpenPricing #VeritasusConsulting #HospitalityTriumphs Jeong Pyon Chris Crowley Andrew Bullock Jake Archer Leigh Kentwell Tasneem Mukadam https://lnkd.in/giv8sJwV