pricing
Future of Aberdeen hotels still strong despite fall in oil price
Aberdeen’s hotels operators concerned that the falling oil price will have a negative impact on their businesses are set to benefit from wider economic activity in the city, according to […]
Peel Hotels returns to the black as revenues rise
Peel Hotels achieved a “creditable improvement” in the financial year to February 1 with revenues up by 6.1% year-on-year to £16.4 million. The UK group saw pre-tax profits of £800,000 […]
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 […]
As rate parity falters, what OTAs and hotels may do next
In Europe, rate parity is a piñata that everyone’s taking a whack at. But not everyone in the industry agrees about what they’ll find inside. Probes in Britain, France, Germany, […]
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 […]
European MICE demand for China resurges
Favourable factors like Europe’s improving economy and China’s 72-hour visa-free transit policy for more than 50 countries are fuelling demand for longhaul MICE into China. China may have become more […]
Hotel prices jump 58% as spring begins
Hotel prices have increased in European cities in April by as much as 58%, according to the monthly Trivago Hotel Price Index. The figures show that travellers can expect to […]
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 […]
Thomas Cook reduces commission for third-party agents
Thomas Cook has reduced commission levels for third-party agents but says those that drive volume will be rewarded. The operator said after going through a period of significant change internally […]
