Magnuson Hotel brands see revenue growth of 65%

Magnuson Hotels Worldwide reports today year on year revenue growth of 65% across the Magnuson branded portfolio. The company also reports a very significant 61% increase in occupancy, and an 8% increase […]

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Australian hotel market update

While the fundamentals in many of Australia’s traditional property asset classes are benign, the dynamic characteristics of the hospitality market continue to place the hotel sector under the investment spotlight. […]

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Millennium & Copthorne reports half-year profit rise

A higher contribution from joint ventures and associates and lower costs helped push up half-year profits at Millennium & Copthorne Hotels. The pre-tax profit was up by £4 million to […]

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Marriott reports $3.7bn in revenue during Q2 2015

Marriott International reported a 25% increase in net income during Q2 2015 when compared to the same period last year. Revenues for the group totalled approximately US $3.7 billion in […]

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Hotels Should Copy Airline Revenue Management Techniques

Although hotels have practiced some of the most fundamental basics of revenue management throughout the ages, such as adjusting rates according to seasonal demand patterns and planned special events, it […]

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Demand Generation for hotels

Demand generation has always been important to hotels, why else have sales departments? NB: This is an anaylsis by Max Rayner, a partner at Hudson Crossing. But lately it has […]

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US Hotels Celebrate Summer with Sizzling RevPAR

Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR) according to data from the July 2015 TravelClick North American […]

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Rethinking restaurants as revenue leaders

Don’t fall flat on your road to revenue success at your hotel restaurant. Here are some obstacles to avoid. The best hotel restaurants do more than turn out great food. […]

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The Role of the Guest in Total Hotel Revenue Management

For the past decade or more, when speaking about the future or a vision, revenue management has been focused on two terms: total hotel revenue management and customer, or guest, […]

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Hotel Industry: Art or Data Science

The hospitality industry has been evolving into a much more data science industry for several years. The combined impact of shifting demographics and new technologies are the primary catalysts for […]

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