pricing
Diligence drives revenue management alignment
It’s not enough for revenue managers to continue learning in their ever-evolving discipline; they must also teach those (and relentlessly so) who might not be so open to this new […]
Middle East still strong despite dip in data
Don’t let softness in first-quarter performance data in the Middle East fool you. The region as a whole still posts some of the strongest numbers in the global hotel industry […]
Tumbling prices boost Turkey for lates market
Research by OTA On the Beach has revealed prices for a seven-night summer holiday for two are dropping across a range of Mediterranean destinations. And with three key Turkish resorts […]
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 […]
Business travel demand drives APAC room rates up in Q1
Hotel room rates were mostly up across the board in Asia-Pacific as business tourism surged this quarter, according to HRS Hotel Price Radar. Macau, Sydney and Hong Kong were found […]
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 […]
US hotel profits will exceed 2007 levels in 2015
Results from the 2015 edition of Trends® in the Hotel Industry,an annual report recently released by PKF Hospitality Research (PKF-HR), a CBRE Company, reveal that U.S. hotels (on a unit-level same-store sales […]
BHA slams OTAs for ‘stifling competition’
The British Hospitality Association (BHA) has hit out at online travel agents after a settlement by EU competition authorities which prevents hotels offering a cheaper rate on their own website. […]
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 […]