Europe
Fear of new strategy stymies revenue managers
Revenue managers in Scandinavia are working to overcome their fear of being first. Speaking during a Hospitality Sales and Marketing Association International Europe event Thursday, revenue managers said they understand […]
Kiev hotel industry still in recovery mode
The hotel industry in the Ukranian capital of Kiev has rebounded slightly in the time since 2014’s Ukranian revolution, which brought to a head months of civil unrest and fighting […]
HotStats European Chain Hotels Market Review – April 2015
Both Barcelona and Brussels hoteliers reported significant year-on-year increases in gross operating profit per available room (GOPPAR) of 30.5% and 34.7% respectively, according to the latest data from HotStats. April […]
HotStats UK Chain Hotels Market Review – April 2015
In April, London hotels posted negative results with a decrease in gross operating profit per available room (GOPPAR) mainly driven by rooms revenues. On the other hand, the UK Provinces […]
Booking.com implements new parity provisions in Germany
Booking.com, an operating business of The Priceline Group has announced it will waive enforcement of its existing wide parity provisions with German accommodations with immediate effect and will amend its […]
French Hotel Insustry Performance – March 2015
The situation started to pick up a little for the French hotel industry in March. Although hotels did not record exceptional results, March did allow the first trimester to close […]
Millennium & Copthorne posts like-for-like profit boost
Millennium & Copthorne Hotels has posted an increase in like-for-like pre-tax profit and revenue in its Q1 results, despite suffering a 5% drop in profit before tax overall, which it has […]
BHA slams OTAs for ‘stifling competition’
The British Hospitality Association (BHA) has hit out at online travel agents after a settlement by EU competition authorities which prevents hotels offering a cheaper rate on their own website. […]
Accor acquires FastBooking, a B2B hotel tools provider
French global hotel giant Accor has taken over Fastbooking, the French market leader in helping hotels market directly to guests via the Internet, the companies revealed today. The deal has received a blessing […]
Flip.to and Availpro Partner to Help Hotels Earn More Guests and Grow Direct Booking Revenue
Flip.to today announced its strategic partnership with Availpro, the leading booking engine and reputation management provider in France. The partnership was finalized with the successful integration of the Flip.to Advocacy Platform and […]