Europe hotel results for August
Compared to August 2014, European hotel results saw a 2.2% increase in occupancy to 77.1%, a 6.4% increase in ADR to €119.34 and an 8.7% increase in RevPAR to €92.05 […]
UAE revenues set to double
A report by Euromonitor for the Hotel Show and The Leisure Show Dubai suggests UAE hotels’ annual revenues forecast set to reach US $10.9 billion by 2019, almost doubling from […]
More growth in 2016 UK hotels forecast
London hoteliers saw a record 2014 but so far 2015 hasn’t replicated this stellar performance, according to new PwC analysis. While average performance metrics are still very high by most […]
US hotel performance: RevPAR up 2.2%
In year-over-year results, the U.S. hotel industry’s occupancy decreased 1.4% to 70.7%; its ADR was up 3.6% to $122.32; and its RevPAR increased 2.2% to $86.46. Performance results for the […]
The Truth About Hotel Rate Parity
Many travellers do not really understand the roles of online travel agents (OTAs), travel search sites and suppliers, says travel search site Wego. Many are also confused as to who […]
Do ride-sharing app partnerships drive revenue
Big-name brands have already entered into partnerships with ride-sharing services such as Uber and more such collaborations are expected to roll out in the future due to the convenience they […]
The Big Revenue Management Reset
Today, a revolution is happening in hotel revenue management as hoteliers with the highest profit expectations are beginning to follow the customer instead of the product. They are using advanced […]
Hoteliers worry about OTA mega-agency
Following the news of the DOJ’s decision to allow Expedia’s purchase of Orbitz Worldwide, members of the hotel industry are wary of what’s next, particularly when it comes to commissions. […]
Criteo data deep dive charts rise of mobile
An analysis of mobile travel bookings has underlined the rapid growth of business being done via handheld devices. While mobile overall accounts for 23% of travel bookings globally, up from […]
Record-Setting Hotel Performance
Numbers don’t lie. Currently, they’re saying hotel performance is on a major tear, hitting all-time highs in occupancy and RevPAR. As president and COO of research firm STR, Amanda Hite […]
