hotels
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. […]
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 […]
Regulator closes hotel booking probe
A British competition watchdog has dropped an investigation into hotel booking rate discount, claiming a “restriction on administrative priority grounds”. The Competition and Markets Authority was handed the investigation in September […]
Revenue management and marketing are ready for disruption
Revenue management and marketing are ready for disruption. The same approach with the same tools, yielding the same results is no longer acceptable. This past year, I’ve met with executives […]
Milan: most expensive city for hotel rates in Europe
Milan is the most expensive European city this year based on the cost of its lodgings, according to a new survey byTravelMag.com, which compared hotel rates across 40 popular city […]
Last minute bookings: Run at 100% occupancy!
The growth in last-minute bookings offers an opportunity for hotels to shift stressed inventory – but only if they have the right systems in place. This SiteMinder blog offers advice […]
