hotels
Cornell Study Supports Strategic Price Positioning in European Hotels
A ten-year study of pricing and revenues in over 4,000 European hotels finds that pricing strategy drives revenue, when hotels are compared to their competitive set. The study, published by […]
Bristol sees highest hotel price increase
Bristol saw hotel prices rise by 13% in 2014 compared with the year before – the biggest rise in the country. That’s according to the Hotel Price Index published by Hotels.com, […]
Average U.S. Hotel Prices Increased By Five Percent in 2014
Americans paid an average of $137 per night for hotel accommodations in the U.S. during 2014 – an increase of 5 percent compared to 2013. The new findings from the […]
How to yield rates to maximise your hotel’s revenue growth – part 2 of 2
Yield management is fast becoming a pivotal pricing strategy for today’s hotelier. Long gone are the days when it was just about room sales. Today, hoteliers need to consider packages, amenities […]
How to yield rates to maximise your hotel’s revenue growth – part 1 of 2
Yield management is fast becoming a pivotal pricing strategy for today’s hotelier. The concept is based on understanding, anticipating and influencing your guests’ behaviour in order to maximise revenue or […]
Expedia Acquisitions Signal Tougher Times Ahead for Hotels
When Expedia bought out Orbitz within a few weeks of gobbling up Travelocity, it was great news for a lot of stakeholders. But it’s probably not so great for the hotel […]
Forget your competitors, consumer demand is how to set revenue pricing
It’s a familiar scenario – and as a former hotelier, I’ve seen it played out many times before. Across the hospitality sector, we’re trained to watch our competitors and react […]
How to store, track and promote your hotel inventory effectively – part 2 of 2
Increased competition and transparency in today’s booking landscape is making effective management of inventory a high priority for today’s hotelier. In Part 1 we discussed three key aspects of creating […]
Get your Revenue Management in Shape for 2015!
During the first few days of a new year, everyone is busy planning their personal new year’s resolutions. But although most of us spend the beginning of each year focused […]
How to store, track and promote your hotel inventory effectively – part 1 of 2
Your hotel’s inventory is its greatest asset and represents a major part of your investment. That investment is tied up until rooms are sold, making the effective management of inventory […]
