revenue
Hotel Industry: Art or Data Science
The hospitality industry has been evolving into a much more data science industry for several years. The combined impact of shifting demographics and new technologies are the primary catalysts for […]
Hotels caught out by inflated Rugby World Cup expectations
UK hoteliers’ expectations of a Rugby World Cup booking bonanza appear to have evaporated in a situation reminiscent of the 2012 Olympic Games in London. The rugby tournament organisers and […]
End of French hotels’ price parity
Hotels in France are to be granted “unprecedented control” to dictate prices across all online channels from next month’s holiday peak period, it is being claimed. Price parity, which allows […]
Yielding room types and the power of open pricing
NB: This is an article by Marco Benvenuti Co-Founder of Duetto I still get plenty of questions about exactly what open pricing is and how it works. And more pointedly, […]
European marketers expect greater role in revenue growth
Western European marketing executives expect to have a greater role in revenue growth and strategy as their responsibilities shift from advertising and branding to e-commerce and customer retention, a new […]
Dubai’s Average Room Rate falls 10.8% in May
HotStats MENA Chain Hotels Market Review – May 2015 Hotel profits in Dubai and Jeddah continue to fall The combined effect of the falling Euro and stronger US Dollar continues […]
GOPPAR, ARR and RevPAR up in Europe
HotStats European Chain Hotels Market Review – May 2015 Madrid and Prague hotels recorded increases in gross operating profit per available room (GOPPAR) of 12.8% and 28.8% respectively in May, […]
Abu Dhabi hotels report 12% increase in revenues
Tourism and Culture Authority (TCA) has released performance figures for Abu Dhabi hotels for the first four months of 2015, and confirmed a 12% increase in hotel revenues, with 1.37 million check-ins. […]
US RevPAR starts to soften in May
The U.S. hotel industry still is setting records, but its RevPAR failed to hit the 6% growth threshold for the first time this year. But with new records comes some […]
How Profitable Will RevPAR Growth Be in 2015
Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that will enhance the ability of hotel […]