revenue
Booking.com implements new parity provisions in Germany
Booking.com, an operating business of The Priceline Group has announced it will waive enforcement of its existing wide parity provisions with German accommodations with immediate effect and will amend its […]
French Hotel Insustry Performance – March 2015
The situation started to pick up a little for the French hotel industry in March. Although hotels did not record exceptional results, March did allow the first trimester to close […]
Diligence drives revenue management alignment
It’s not enough for revenue managers to continue learning in their ever-evolving discipline; they must also teach those (and relentlessly so) who might not be so open to this new […]
Middle East still strong despite dip in data
Don’t let softness in first-quarter performance data in the Middle East fool you. The region as a whole still posts some of the strongest numbers in the global hotel industry […]
Tumbling prices boost Turkey for lates market
Research by OTA On the Beach has revealed prices for a seven-night summer holiday for two are dropping across a range of Mediterranean destinations. And with three key Turkish resorts […]
U.S. Hotel Supply Growth Still in Check with Demand
Years of rising average daily rates and demand, among other factors, have made the ground fertile for new hotel supply. How will the growing pipeline of new hotels impact hotel […]
ADR, not occupancy, drives RevPAR, study finds
Price positioning plays a larger role in driving revpar than does occupancy for European hotels, according to a recent study titled “Competitive hotel pricing in Europe: An exploration of strategic […]
PPHE reveals double digit revpar rise
PPHE Hotel Group saw increased revpar of 13.9% to £75.50 (€102.30) as revenue rose by 12.5% to £45.4m (€61.5m) in the first three months of the 2015. The group, which […]
Millennium & Copthorne posts like-for-like profit boost
Millennium & Copthorne Hotels has posted an increase in like-for-like pre-tax profit and revenue in its Q1 results, despite suffering a 5% drop in profit before tax overall, which it has […]
Business travel demand drives APAC room rates up in Q1
Hotel room rates were mostly up across the board in Asia-Pacific as business tourism surged this quarter, according to HRS Hotel Price Radar. Macau, Sydney and Hong Kong were found […]