inventory
Louvre Hotels and Magnuson Sign Distribution Agreement
Louvre Hotels Group, Europe’s second largest hotel group, has signed a distribution agreement with Magnuson Hotels Worldwide, a network of more than 1,000 independent hotels in North America. With the […]
Yielding room types and the power of open pricing
NB: This is an article by Marco Benvenuti Co-Founder of Duetto I still get plenty of questions about exactly what open pricing is and how it works. And more pointedly, […]
Dubai’s Average Room Rate falls 10.8% in May
HotStats MENA Chain Hotels Market Review – May 2015 Hotel profits in Dubai and Jeddah continue to fall The combined effect of the falling Euro and stronger US Dollar continues […]
GOPPAR, ARR and RevPAR up in Europe
HotStats European Chain Hotels Market Review – May 2015 Madrid and Prague hotels recorded increases in gross operating profit per available room (GOPPAR) of 12.8% and 28.8% respectively in May, […]
US RevPAR starts to soften in May
The U.S. hotel industry still is setting records, but its RevPAR failed to hit the 6% growth threshold for the first time this year. But with new records comes some […]
How Profitable Will RevPAR Growth Be in 2015
Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that will enhance the ability of hotel […]
Disrupting distribution
For many hotels in Europe and across the globe, wholesalers and distributors are important – sometimes vital – business partners. With every passing year, these partners are evolving their business […]
Leisure and Group Segments Driving Hotel Performance
Hotel performance in major North American markets experienced positive growth in rate and occupancy, according to data from the June 2015 TravelClick North American Hospitality Review (NAHR). “As we move […]
Atlanta RevPAR growth is robust
Metro Atlanta is one of the Southeast United States’ premier metropolitan areas and strongest hotel markets. The market is broken up into seven primary submarkets, containing central and suburban areas: […]
Look Ahead, Not Back, to Forecast Demand
For years, revenue managers and hoteliers have typically forecast demand by looking at historical booking information and then the pickup or pace of ongoing reservations leading up to an actual […]