revenue
AccorHotels reports 2.4% revenue growth in Q3
The group’s latest financial report for the third quarter of the year said that, on a like-for-like basis, revenue was up 3.4%. Growth was driven by “favourable” business activity in […]
Optimizing Differently to Improve Revenue Performance
Optimizing Online Distribution The ever changing distribution landscape can be challenging to maneuver. Costly connectivity solutions often result in some degree of manual management of varied channels, which is time […]
Lodging Forecast 2016
For the past several years we have put out our lodging forecast for 2016 at the beginning of Q4 as we’ve had time to analyze the data and hear from […]
Rugby World Cup boosts RevPAR
The opening weekend of the Rugby World Cup provided a boost to hotels in the host cities, which reported a ‘significant’ growth in revenue per available room (RevPAR). According to […]
Effect of TripAdvisor Reviews on Bookings
While we know that travel reviews influence traveler decisions—95% of travelers report using travel reviews regularly to make booking decisions*—the impact of reviews on hotels goes much further than just […]
Advance Booking Uptick is Welcome News
As the fall season comes into full swing, hotels in major North American markets are experiencing an improved advance booking pace, as well as healthy increases in both transient (individual […]
Franc fumbles affect hotels in Switzerland
A look at STR Global data year-to-date July reveals that Switzerland’s hotels overall occupancy rate has not changed compared to the same period last year. The level could be maintained […]
Why booking on Google is bad for hotels
Following the lead of Kayak.com, which has turned itself into a meta-OTA-type of a service for quite some time now, TripAdvisor rolled out their “Instant Book” feature over the past […]
How operations impacts revenue management
As in many industries, pricing in airlines is often considered a headquarters function, a process that may require detailed customer segmentation, complex demand forecast algorithms and optimisation routines. For airlines, […]
Europe hotel results for August
Compared to August 2014, European hotel results saw a 2.2% increase in occupancy to 77.1%, a 6.4% increase in ADR to €119.34 and an 8.7% increase in RevPAR to €92.05 […]