revenue
Business travel rates to hold firm for 2015
HOTEL and airfare rates will remain relatively flat in 2015 as cooler economic growth in Asia-Pacific (APAC) and forces of supply and demand exert pressure on a region that has […]
Regional hotel room rate outperforms London in 2014
Regional hotels experienced a strong 2014, outperforming London for the first time in 14 years, according to new figures released today. Hotel Britain 2015 – the latest annual report from business […]
Are customers abandoning bookings because of your online payment process?
Almost 50% of customers abandoned their online travel bookings early because of payment-related problems according to new research from Worldpay. Who would have thought the payment process has such a […]
US ski resorts continue strong revenue performance run
The North American ski community gets together each year during the Mountain Travel Symposium. STR, parent company of Hotel News Now, has been invited for the past few years to […]
My Place Hotels of America selects Revcaster to standardize and optimize rates
My Place Hotels of America, LLC, an expanding chain that meets the demands of the economy traveler with properties in 7 states implemented Revcaster competitive data intelligence to standardize and […]
Travelodge reports strong full-year results amid possible sale
Travelodge has announced strong full-year results following news that the group could be sold for £1bn. The company reported a 63.3% rise in earnings before interest, depreciation and amortization (EBITDA) […]
5 competitor set tips for independent hoteliers
“Oversight of an independent hotel or resort does require an exceptionally keen eye on what the competition is doing and where they are positioned,” said Ted Davis, chief sales and […]
5 step Guide To Filling Hotel Rooms During Spring Time
The transitional weeks from the deep freeze to the increasingly warmer days may be a slower time for hotels. Winter lures travelers away for the Christmas holidays, getaways to picturesque […]
Thinking about conversion channels for former hotel guests
Hotels spend a lot of time and money marketing their properties to new visitors. But an often-overlooked way to gain future business is to communicate with and re-convert your former […]
Asset managers share how to drive rate
A panel of asset managers discussed a wide range of variables influencing the hotel industry during a panel discussion at the 27th annual Hunter Hotel Conference. Rate was a primary […]