pricing

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”) […]

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Owners demand yield maximizing Revenue Management

Europe is at the hard end of the revenue management discipline, but the lead on data and education comes from North America. Those who think revenue management is just one […]

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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 […]

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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 […]

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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 […]

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Hotel Performance Following Natural Disasters

The human tragedy wrought by natural disasters, such as the recent damage done along the Atlantic coast by Hurricane Joaquin, can be tremendous. The death toll within the United States […]

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Travelers want hotels to disclose resort fees

Many travelers believe that hotels and resorts should be required to include mandatory resort fees in advertised nightly rates, according to a new national poll. The poll, commissioned by Travelers […]

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Hotel rates skyrocket for SuperBowl 2016

Hotel owners in San Francisco are cashing in big for Super Bowl 2016. A recent survey conducted by CheapHotels.org found that they are raising their hotel rates substantially for the […]

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STR: EMEA, Americas, and US hotel performance for September 2015

According to hotel performance data compiled for September 2015 by STR Global, when compared to September 2014, Europe reported a 2.3% increase in occupancy to 80.7%, a 5.4% increase in […]

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Is American Airlines basement pricing a smart strategy?

American Airlines (Nasdaq: AAL) plans to offer exclusive, low-priced air tickets to address a concern that ultra-low cost airlines such as Spirit and Frontier are luring cost-sensitive, nonstop travelers from […]

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