revenue
IHG boosts UK revpar by 7.7%
InterContinental Hotels Group (IHG) has grown UK revpar by 7.7% in first quarter trading. The hotel group said that it had seen increases in both London and the provinces, driven […]
Pricing-only approach to revenue management: Are you leaving money on the table?
The latest thinking is that in the current multichannel price-transparent world revenue management needs to consider availability in conjunction with rates. NB: This is an analysis by Alex Dietz, Advisory […]
US hotel profits will exceed 2007 levels in 2015
Results from the 2015 edition of Trends® in the Hotel Industry,an annual report recently released by PKF Hospitality Research (PKF-HR), a CBRE Company, reveal that U.S. hotels (on a unit-level same-store sales […]
BHA slams OTAs for ‘stifling competition’
The British Hospitality Association (BHA) has hit out at online travel agents after a settlement by EU competition authorities which prevents hotels offering a cheaper rate on their own website. […]
HotStats UK Chain Hotels Market Review, March 2015
Whilst London hotels’ profitability showed a virtually flat year-on-year movement in the month of March, the UK provinces continued to post strong performance with particular growth in gross operating profit […]
Redefining weekday hotel business
An analysis from STR Analytics looks at Hotel weekday versus Hotel weekend performance in the top 25 U.S. markets. When analyzing daily data, weekdays and weekends behave differently. Across many […]
Glasgow experiences strong March despite drop in room rate
Glasgow performed well in March despite a drop in average room rate across Scotland’s three key cities, according to new figures from tourism research firm LJ Research. The LJ Forecaster […]
Hotel pricing mechanisms need a direct approach
Hoteliers have been telling us for years that the public needs to be better educated about what rates really stand for. NB: This is an analysis by Pamela Whitby, editor […]
Royal Caribbean to call time on last-minute discounts
Royal Caribbean could soon be rolling out its US-based policy of ending last-minute discounts to the UK market, the line’s new president has hinted. Speaking on board Anthem of the […]
Future of Aberdeen hotels still strong despite fall in oil price
Aberdeen’s hotels operators concerned that the falling oil price will have a negative impact on their businesses are set to benefit from wider economic activity in the city, according to […]