pricing
Dynamic Pricing: Secret Weapon Used By World’s Most Successful Companies
Uber, Amazon and Airbnb all have one thing in common — aside from rapid growth, creating entirely new markets and crushing their competition. All three price dynamically using advanced artificial […]
Commercial Demand Aids Profit Growth for European Hotels
Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.2-percent year-on-year increase in profit per room for hotels across […]
Profit Decline Continues in Middle East & North Africa Hotels
Profit levels at hotels in the Middle East & North Africa remained under pressure in November, as revenues were hit by declines in both price and volume in the normally […]
UK Hotels Attain 2nd Consecutive Month of Earning Growths
Building on October’s GOPPAR gains, UK hotels successfully produced a second consecutive month of profit growth in November, positioning hotels in the region to achieve another successful year of trading, […]
U.S. Hotels Suffer Profit Plunge in November
Hotels in the U.S. did not have much to be thankful for in November, posting a 5.2-percent year-on-year drop in profit per room, the single biggest margin of decline so […]
How to Choose the Best Bidding System for Your Hotel?
If you want to follow every single recommendations on how to do your job properly as a Hotel Manager, you might just get overwhelmed by the colossal amount of work […]
The Newest Iteration of Rate Management
Being flexible with rate management allows hoteliers to think in creative ways that can make hotels more money. The newest iteration of revenue management; understanding the total value of the […]
Hotstats Hotels Performance: MENA, Europe, UK and US (October 2018)
MIDDLE EAST & AFRICA Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in the region […]
Increase ADR and Drive Revenue by Optimizing Room Type Differentials
One of the easiest ways for hotels to raise ADR and drive revenue without actually raising rates is by segmenting the property’s different rooms and accurately pricing them to encourage […]
Hotelier’s Guide to Creating Special Offers
Finding and booking the perfect hotel takes time. Beyond rate, hotel shoppers are looking at plenty of other factors, such as amenities, local activities, and nearby restaurants. NB: This is […]