pricing
TravelClick data show increased transient travel, bookings down
Major North American markets are seeing strong transient booking numbers from both individual business and leisure travelers. According to data from TravelClick’s November 2015 North American Hospitality Review, North […]
Hotel Rates Predicted to Rise by 3.5% in 2016
While some air travel costs could be driven down thanks to continued pressure from low cost carriers, the supplier’s market will continue into 2016, increasing hotel prices across Europe. […]
Why the hotel industry isn’t afraid of Airbnb (yet)
According to venture capitalists, Airbnb is worth $25 billion—more than major hotel chains Hilton ($24.1 billion market capitalization), Marriott ($18.7 billion), Starwood ($12.7), and Wyndham ($9 billion). But that doesn’t […]
8 Best Practices for Hotel Revenue Managers
The 10,000 or so hotel revenue managers around the world are self-dividing into two distinct categories: those that are well prepared (or preparing) for 2024 and those that are well prepared […]
Average Daily Rate Growth Continues to Lag Expectations
Average Daily Rate Growth Continues to Lag Expectations, Despite Peak Occupancy Levels, says PwC US An updated lodging forecast released today by PwC US expects revenue per available room (“RevPAR”) […]
Owners demand yield maximizing Revenue Management
Europe is at the hard end of the revenue management discipline, but the lead on data and education comes from North America. Those who think revenue management is just one […]
Revenue Premiums Offset Greater Costs in Historic Hotels
When old hotels age gracefully and purposefully, they are able to achieve “grande dame” status. These properties typically compete in the luxury or upper-upscale market segments and frequently outperform the […]
Airbnb does revenue management for hosts
Two important announcements at the love-in for hosts put on by Airbnb in the French capital this week – both with implications for the rest of the industry. First of all was the […]
What is key to meeting your ADR goals?
The answer is simple – your Front Desk team For the majority of hotels, the only way to achieve a higher RevPAR next year is going to be to achieve […]
Hotel Performance Following Natural Disasters
The human tragedy wrought by natural disasters, such as the recent damage done along the Atlantic coast by Hurricane Joaquin, can be tremendous. The death toll within the United States […]