reservations
Europe: ADR drives RevPAR
Strong revenue per available room performance across Europe, largely driven by average daily rate, is underpinning robust regional hotel performance, according to data from STR Global. In a data presentation at […]
Asia/Pacific: Performance is ‘flat’
“Flat” is the word Sarah Duignan, director of account management for STR Global, used to describe hotel performance across the Asia/Pacific region year to date through June. Presenting global hotel performance […]
Rigorous Revenue Management Collide With 2016 RFP Season
In February, a handful of DHL board members traveled to Miami, some from out of the country. Weeks in advance of the meeting, the CEO’s executive assistant had reserved rooms […]
Magnuson Hotel brands see revenue growth of 65%
Magnuson Hotels Worldwide reports today year on year revenue growth of 65% across the Magnuson branded portfolio. The company also reports a very significant 61% increase in occupancy, and an 8% increase […]
Hotels Should Copy Airline Revenue Management Techniques
Although hotels have practiced some of the most fundamental basics of revenue management throughout the ages, such as adjusting rates according to seasonal demand patterns and planned special events, it […]
Dubai’s Average Room Rate falls 10.8% in May
HotStats MENA Chain Hotels Market Review – May 2015 Hotel profits in Dubai and Jeddah continue to fall The combined effect of the falling Euro and stronger US Dollar continues […]
GOPPAR, ARR and RevPAR up in Europe
HotStats European Chain Hotels Market Review – May 2015 Madrid and Prague hotels recorded increases in gross operating profit per available room (GOPPAR) of 12.8% and 28.8% respectively in May, […]
Abu Dhabi hotels report 12% increase in revenues
Tourism and Culture Authority (TCA) has released performance figures for Abu Dhabi hotels for the first four months of 2015, and confirmed a 12% increase in hotel revenues, with 1.37 million check-ins. […]
Understanding Online Distribution Channels
In a period of economic uncertainty, hotel operators cannot seek to control economic conditions, but they can strategically implement marketing to increase sales and hotel profitability regardless of market uncertainty. […]
Hotel ADR Rise vs Distribution Channels Cost
According to the latest TravelClick data launched early May 2015, Hotel bookings from individual business and leisure travellers spiked across a variety of digital channels in the first quarter of […]
