pricing
U.S. Hotel Industry Resilient, GOPPAR Up in September
The third quarter ended on a high note for U.S. hotels, as September profit per room climbed year-over-year, indication that the current cycle still has teeth. GOPPAR in the month […]
Rough 2019 Gives Way to Profit Burst for Mainland Europe Hotels
Profit per available room grew YOY for hotels in Mainland Europe during September and for the second time in 2019. After three consecutive months of YOY declines, GOPPAR increased by 3.9%
What is Rate Parity and Why It Is Important?
Rate Parity is most often a difficult and complicated thing to manage… While Rate Parity clauses are now illegal in most of Europe, and therefore can’t be required from OTAs anymore, […]
UK Hotels Q3 End on High Note with RevPAR and GOPPAR Gains
The third quarter ended on a positive note for UK hotels as profit per available room increased on a year-over-year basis for the second consecutive month
After String of Profit Woe, MENA GOPPAR Jumps in September
MENA hotels have cause for celebration. After 12 consecutive months of y-o-y profit decline, GOPPAR was up 10.9%, buoyed by a 4.9% rise in occupancy and an uptick in f&b revenue
How to Take the Guesswork Out of Competitive Intelligence
What can take the guesswork out of competitive intelligence so hoteliers can start making smart, quick decisions that drive revenue and profitability? Consider these four key elements
3 Lessons Learned from Looking at Aggregate Hotel Rate Data
To access even more actionable rate data, many hotels are turning to rate intelligence platforms, which allow revenue managers to monitor and respond to more granular competitor data in real-time
Hotel Statements: A Model of Profit Maximizing Premia and Discounts
Although the true aim of a hotel’s operation is to maximize profit, the wide availability and frequent reporting of RevPAR may make revenue the hotel manager’s most immediate target
Creating Holiday Packages & Discounts for Your Hotel
Whether you’re looking to capitalize on the busy holiday seasons or you need to book rooms in the slower months, packages are the best way for your hotel to compete at the booking stage
Daily Market Share Data Takes Revenue Management Strategy to New Level
Revenue professionals should be using a market share report broken down into daily data. It is the way to set RevPARs each day in relation to competitors and recognize impact of strategic decisions.