inventory
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 […]
Business travel rates to hold firm for 2015
HOTEL and airfare rates will remain relatively flat in 2015 as cooler economic growth in Asia-Pacific (APAC) and forces of supply and demand exert pressure on a region that has […]
Regional hotel room rate outperforms London in 2014
Regional hotels experienced a strong 2014, outperforming London for the first time in 14 years, according to new figures released today. Hotel Britain 2015 – the latest annual report from business […]
My Place Hotels of America selects Revcaster to standardize and optimize rates
My Place Hotels of America, LLC, an expanding chain that meets the demands of the economy traveler with properties in 7 states implemented Revcaster competitive data intelligence to standardize and […]