revenue

Airbnb formidable competitor to NYC hotels

According to an analysis by STR, Inc., Airbnb’s presence and rates across New York, New York, make the short-term rental company a formidable competitor to the market’s hotel industry. As […]

Read more

IHG reports 4.4% growth in RevPAR

InterContinental Hotels Group delivered its strong first half for signings since 2008, the group’s Q2 earnings report revealed. The hotel operator also reported a 10% increase in underlying profit. IHG’s […]

Read more

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. […]

Read more

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 […]

Read more

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. […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more