inventory
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 […]
MEA hotels increase revPAR, ADR and occupancy
STR Global reports that hotels in the Middle East and Africa region reported positive results in three key performance metrics in their compiled July 2015 data. The biggest rise by […]
Top five things GMs need to know about revenue
In today’s seemingly ever-changing hospitality market, hotel general managers (GMs) have become the key collaborators linking marketing, sales, reservations and e-commerce divisions within a property. NB This is a guest […]
Airbnb may become a direct threat to hotels
Airbnb, originally a short-term rental listings platform, may become a direct threat to hotels, according to some asset managers and chain executives. The alarm was heightened when the San Francisco […]
How to create a better comp set
Here are five ways to refine your comp set, according to a speaker at the recent Hotel Data Conference. Comp sets can be an invaluable tool for hoteliers when it […]
US: Hotel performance for July 2015
The U.S. hotel industry reported positive results in the three key performance metrics during July 2015, according to data from STR, Inc. In year-over-year results, the U.S. hotel industry’s occupancy was […]
Europe: ADR drives RevPAR
Strong revenue per available room performance across Europe, largely driven by average daily rate, is underpinning robust regional hotel performance, according to data from STR Global. In a data presentation at […]
Asia/Pacific: Performance is ‘flat’
“Flat” is the word Sarah Duignan, director of account management for STR Global, used to describe hotel performance across the Asia/Pacific region year to date through June. Presenting global hotel performance […]
Rigorous Revenue Management Collide With 2016 RFP Season
In February, a handful of DHL board members traveled to Miami, some from out of the country. Weeks in advance of the meeting, the CEO’s executive assistant had reserved rooms […]