inventory
U.S. Hotel Supply Growth Still in Check with Demand
Years of rising average daily rates and demand, among other factors, have made the ground fertile for new hotel supply. How will the growing pipeline of new hotels impact hotel […]
ADR, not occupancy, drives RevPAR, study finds
Price positioning plays a larger role in driving revpar than does occupancy for European hotels, according to a recent study titled “Competitive hotel pricing in Europe: An exploration of strategic […]
Pricing-only approach to revenue management: Are you leaving money on the table?
The latest thinking is that in the current multichannel price-transparent world revenue management needs to consider availability in conjunction with rates. NB: This is an analysis by Alex Dietz, Advisory […]
HotStats UK Chain Hotels Market Review, March 2015
Whilst London hotels’ profitability showed a virtually flat year-on-year movement in the month of March, the UK provinces continued to post strong performance with particular growth in gross operating profit […]
Redefining weekday hotel business
An analysis from STR Analytics looks at Hotel weekday versus Hotel weekend performance in the top 25 U.S. markets. When analyzing daily data, weekdays and weekends behave differently. Across many […]
Glasgow experiences strong March despite drop in room rate
Glasgow performed well in March despite a drop in average room rate across Scotland’s three key cities, according to new figures from tourism research firm LJ Research. The LJ Forecaster […]
Hotel pricing mechanisms need a direct approach
Hoteliers have been telling us for years that the public needs to be better educated about what rates really stand for. NB: This is an analysis by Pamela Whitby, editor […]
Dubai hotels face new challenges as occupancy rates fall
Declines in tourists from Russia and tougher competition from the likes of Egypt and Lebanon led to a decrease in occupancy and rates at Dubai hotels in March. According to […]
Automation in Hospitality Revenue Management
The slogan of the successful Revenue Management is to sell the right product to the right customer at the right time and for the right price. It sounds relatively simple […]
London hotel performance flat in March
The London hotel market reported a flat performance in March, according to preliminary data from STR Global. During the month, hotels in London experienced a 3.7% increase in supply and […]