revenue
London hotels report marginal occupancy growth in May
Occupancy growth is up marginally as revenue per available room (RevPAR) and room rates slump for London hotels during May, according to new preliminary figures released by STR Global. Following […]
UAE sees strong supply and demand growth for May
STR Global has reported strong supply and demand growth for the UAE in May 2015 with an increase in supply by 5.6% and an 8% boost in demand. Occupancy has […]
Fear of new strategy stymies revenue managers
Revenue managers in Scandinavia are working to overcome their fear of being first. Speaking during a Hospitality Sales and Marketing Association International Europe event Thursday, revenue managers said they understand […]
How should you price resort fees?
Resort fees are proving profitable in the hotel business, with $2.1 billion in revenues collected in 2013 with an estimated margin of 80% to 90%. But that does not necessarily […]
Employees unhappy with revenue management compensation plans
Incentive compensation is an important motivational tool for these roles, but a new study uncovers significant employee dissatisfaction with the current state of incentive compensation plans in the hotel industry. […]
Accor fights OTA with open enrollment for independents
Accor has rebranded itself into AccorHotels while also opening up its booking platform to independent hoteliers. This bold move is taking the fight to online travel agencies by giving independents […]
Implementing direct bookings within the online distribution jungle
The world is on the move. Tourist arrivals and spending on leisure tourism keep growing and experiencing one of the highest growth rates is South-East Asia. Just this year, Thailand […]
Kiev hotel industry still in recovery mode
The hotel industry in the Ukranian capital of Kiev has rebounded slightly in the time since 2014’s Ukranian revolution, which brought to a head months of civil unrest and fighting […]
Digital Channels Drive Impressive Booking Growth
In the first quarter (Q1) 2015, digital channels – which include hotel websites (Brand.com) and Online Travel Agents (OTA) and Global Distribution Systems (GDS) – grew in popularity among individual […]
Mobile Trends for Revenue Managers
To say that the world has changed in the past ten years is an understatement. A decade ago, mobile phones were still primarily used to make phone calls, a ‘tablet’ […]