inventory
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 […]
As Airbnb grows, hotel prices to drop
Hotels are already feeling the effects of Airbnb’s approach to room rentals, but continued growth could force the hotels to lower room prices. By the end of 2016, Merrill Lynch […]
Aberdeen hotel market robust despite dip
The center of the United Kingdom’s energy industry, Aberdeen, on the North Sea on the eastern coast of Scotland, has seen a dip in industry performance in the first half […]
Expedia Orbitz deal gets a high profile naysayer
Almost seven months since the proposed acquisition was first announced, a major lobbying group has come out against Expedia-Orbitz deal. The American Hotel and Lodging Association says it registering its opposition to the […]
Magnuson Hotel brands see revenue growth of 65%
Magnuson Hotels Worldwide reports today year on year revenue growth of 65% across the Magnuson branded portfolio. The company also reports a very significant 61% increase in occupancy, and an 8% increase […]
Australian hotel market update
While the fundamentals in many of Australia’s traditional property asset classes are benign, the dynamic characteristics of the hospitality market continue to place the hotel sector under the investment spotlight. […]
Hotels Should Copy Airline Revenue Management Techniques
Although hotels have practiced some of the most fundamental basics of revenue management throughout the ages, such as adjusting rates according to seasonal demand patterns and planned special events, it […]
Demand Generation for hotels
Demand generation has always been important to hotels, why else have sales departments? NB: This is an anaylsis by Max Rayner, a partner at Hudson Crossing. But lately it has […]