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, […]
Abu Dhabi hotels report 12% increase in revenues
Tourism and Culture Authority (TCA) has released performance figures for Abu Dhabi hotels for the first four months of 2015, and confirmed a 12% increase in hotel revenues, with 1.37 million check-ins. […]
Elevate Your Hotel Data to Business Intelligence
Business Intelligence (BI) has become a necessity in the hospitality industry. Those of us who have figured out how to leverage Hotel Data as Business Intelligence have increased both revenues […]
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 […]
Technologies bringing market-of-one closer in business travel
Carlson Wagonlit Travel has identified five key trends which will have the greatest impact on business travel going forward. The ‘Faster, Smarter, better?’ study highlights mobile technologies, customisation, the sharing […]
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 […]
Booking.com to amend rate parity terms
Booking.com says it will amend its rate parity clauses across Europe by July 1 in line with commitments given to competition authorities in France, Italy and Sweden in April. The […]
Travel industry must accept freedom in distribution
If you go out to buy a new car the dealer will tell you the cost for the basic vehicle. Then they let you select the extras, such as sat-nav […]
Dayuse hotel booking website claims to break new ground
Dayuse – a website through which consumers can book hotel rooms for daytime use – claims to be altering the face of hotel booking. The French company, which was founded […]
