revenue
France’s end to rate parity creates grey areas
A new law creates carte blanche on room prices but a big legal “grey area” and mounting conflicts between hotels and OTAs. Some have declared it the equivalent of the […]
Marriott increases revenue 86% via email
SUMMARY: “It felt like we had the opportunity to really do something that was much more really member-centric and really use all the data that we’ve got on our members […]
RevPAR rises marginally for UK hotels
Revenue per available room (RevPAR) has increased marginally for hotels across the UK in the second quarter of 2015, but has slowdown when compared with last year. This is according […]
Aberdeen hotel market robust despite dip
The center of the United Kingdom’s energy industry, Aberdeen, on the North Sea on the eastern coast of Scotland, has seen a dip in industry performance in the first half […]
TravelClick Data Shows Transient ADR Growth
Consumers used both “new school” and “old school” approaches to booking hotel rooms for business and leisure travel in Q2 2015. According to data from the TravelClick North American Distribution […]
Edinburgh hotel prices most expensive in Europe
Hotel prices in Edinburgh have increased by 39% this August mainly due to the simultaneously running Edinburgh International Festival and Edinburgh Festival Fringe. This is according to Trivago’s latest Hotel […]
Airbnb formidable competitor to NYC hotels
According to an analysis by STR, Inc., Airbnb’s presence and rates across New York, New York, make the short-term rental company a formidable competitor to the market’s hotel industry. As […]
IHG reports 4.4% growth in RevPAR
InterContinental Hotels Group delivered its strong first half for signings since 2008, the group’s Q2 earnings report revealed. The hotel operator also reported a 10% increase in underlying profit. IHG’s […]
Dubai’s RevPAR registered 9% YOY decline
A JLL report revealed that Dubai’s hotel sector continued to face downward pressure in the second quarter of the year amid a slowdown in visitors from Russia and the Eurozone. […]
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 […]