analytics
Advance Booking Uptick is Welcome News
As the fall season comes into full swing, hotels in major North American markets are experiencing an improved advance booking pace, as well as healthy increases in both transient (individual […]
How operations impacts revenue management
As in many industries, pricing in airlines is often considered a headquarters function, a process that may require detailed customer segmentation, complex demand forecast algorithms and optimisation routines. For airlines, […]
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 […]
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 […]
Back to the Basics Pt 2: Hoteliers and analytics?
We continue our fall “back to the basics” refresher series on analytics for hoteliers. Last week, we reviewed the analytic methods that can be utilized by hoteliers. This week we […]
Back to the Basics Pt 1: Analytics primer
It’s back to school time, and back to school reminds me of getting back to the basics. So, we thought we’d start the fall with a “back to the basics” […]
Using data mining and analytics to your hotel’s advantage
Data mining and analytics – techniques for exploration and analysis of large quantities of data in order to discover meaningful patterns, trends and rules – helps hotels sift through massive […]
US performance records past and present
With the favorable supply and demand dynamics in the hotel industry, US performance records are being broken month after month, according to data from STR. It’s almost like the steroid […]
Big Data, Big Analytics and Big Revenue
There has never been a more complex time to practise revenue management in Asia: Changing guest behaviours, the evolving and increasingly intricate nature of distribution channels and an abundance of […]