revenue
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 […]
Australian hotel market update
While the fundamentals in many of Australia’s traditional property asset classes are benign, the dynamic characteristics of the hospitality market continue to place the hotel sector under the investment spotlight. […]
Millennium & Copthorne reports half-year profit rise
A higher contribution from joint ventures and associates and lower costs helped push up half-year profits at Millennium & Copthorne Hotels. The pre-tax profit was up by £4 million to […]
Marriott reports $3.7bn in revenue during Q2 2015
Marriott International reported a 25% increase in net income during Q2 2015 when compared to the same period last year. Revenues for the group totalled approximately US $3.7 billion in […]
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 […]
Demand Generation for hotels
Demand generation has always been important to hotels, why else have sales departments? NB: This is an anaylsis by Max Rayner, a partner at Hudson Crossing. But lately it has […]
US Hotels Celebrate Summer with Sizzling RevPAR
Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR) according to data from the July 2015 TravelClick North American […]
Rethinking restaurants as revenue leaders
Don’t fall flat on your road to revenue success at your hotel restaurant. Here are some obstacles to avoid. The best hotel restaurants do more than turn out great food. […]
The Role of the Guest in Total Hotel Revenue Management
For the past decade or more, when speaking about the future or a vision, revenue management has been focused on two terms: total hotel revenue management and customer, or guest, […]