pricing
Advance Booking Uptick is Welcome News
As the fall season comes into full swing, hotels in major North American markets are experiencing an improved advance booking pace, as well as healthy increases in both transient (individual […]
Franc fumbles affect hotels in Switzerland
A look at STR Global data year-to-date July reveals that Switzerland’s hotels overall occupancy rate has not changed compared to the same period last year. The level could be maintained […]
How operations impacts revenue management
As in many industries, pricing in airlines is often considered a headquarters function, a process that may require detailed customer segmentation, complex demand forecast algorithms and optimisation routines. For airlines, […]
Europe hotel results for August
Compared to August 2014, European hotel results saw a 2.2% increase in occupancy to 77.1%, a 6.4% increase in ADR to €119.34 and an 8.7% increase in RevPAR to €92.05 […]
More growth in 2016 UK hotels forecast
London hoteliers saw a record 2014 but so far 2015 hasn’t replicated this stellar performance, according to new PwC analysis. While average performance metrics are still very high by most […]
US hotel performance: RevPAR up 2.2%
In year-over-year results, the U.S. hotel industry’s occupancy decreased 1.4% to 70.7%; its ADR was up 3.6% to $122.32; and its RevPAR increased 2.2% to $86.46. Performance results for the […]
The Truth About Hotel Rate Parity
Many travellers do not really understand the roles of online travel agents (OTAs), travel search sites and suppliers, says travel search site Wego. Many are also confused as to who […]
Hoteliers worry about OTA mega-agency
Following the news of the DOJ’s decision to allow Expedia’s purchase of Orbitz Worldwide, members of the hotel industry are wary of what’s next, particularly when it comes to commissions. […]
Record-Setting Hotel Performance
Numbers don’t lie. Currently, they’re saying hotel performance is on a major tear, hitting all-time highs in occupancy and RevPAR. As president and COO of research firm STR, Amanda Hite […]
Regulator closes hotel booking probe
A British competition watchdog has dropped an investigation into hotel booking rate discount, claiming a “restriction on administrative priority grounds”. The Competition and Markets Authority was handed the investigation in September […]