pricing

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 […]

Read more

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 […]

Read more

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 […]

Read more

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.  […]

Read more

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 […]

Read more

Experts advise caution in chase for Chinese visitors

The travel industry should exercise more caution towards the Chinese market and focus less on the projected numbers of outbound tourists from China, according to two leading academics. Professor Wolfgang […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

Royal Caribbean to call time on last-minute discounts

Royal Caribbean could soon be rolling out its US-based policy of ending last-minute discounts to the UK market, the line’s new president has hinted. Speaking on board Anthem of the […]

Read more