Hotels
Why the hotel industry isn’t afraid of Airbnb (yet)
According to venture capitalists, Airbnb is worth $25 billion—more than major hotel chains Hilton ($24.1 billion market capitalization), Marriott ($18.7 billion), Starwood ($12.7), and Wyndham ($9 billion). But that doesn’t […]
8 Best Practices for Hotel Revenue Managers
The 10,000 or so hotel revenue managers around the world are self-dividing into two distinct categories: those that are well prepared (or preparing) for 2024 and those that are well prepared […]
Average Daily Rate Growth Continues to Lag Expectations
Average Daily Rate Growth Continues to Lag Expectations, Despite Peak Occupancy Levels, says PwC US An updated lodging forecast released today by PwC US expects revenue per available room (“RevPAR”) […]
Digital window closing fast for hotels
GOING on a holiday is now a smoother process, with consumers able to explore and book travel and accommodations without having to go through middle-men. The online market for travel […]
Maximize revenues from your SEM campaigns
Search Engine Marketing continues to be one of the highest revenue drivers for HeBS Digital’s clients, with more than 25% of direct online revenue coming as a direct result of […]
Revenue Premiums Offset Greater Costs in Historic Hotels
When old hotels age gracefully and purposefully, they are able to achieve “grande dame” status. These properties typically compete in the luxury or upper-upscale market segments and frequently outperform the […]
Airbnb does revenue management for hosts
Two important announcements at the love-in for hosts put on by Airbnb in the French capital this week – both with implications for the rest of the industry. First of all was the […]
ONYX says revenue up despite challenging year
ONYX Hospitality Group expects revenue to be 15 per cent ahead of 2014 by year end despite several challenges during the year. The Thai hotel chain also expects to meet […]
What is key to meeting your ADR goals?
The answer is simple – your Front Desk team For the majority of hotels, the only way to achieve a higher RevPAR next year is going to be to achieve […]
Checklist to Maximize Revenue from Multi-Channel Campaigns
It’s no secret that multi-channel campaigns are a great way to boost revenue during low seasons, target top customer segments, and fulfill ad hoc business needs. But is your hotel […]
