revenue

European MICE demand for China resurges

Favourable factors like Europe’s improving economy and China’s 72-hour visa-free transit policy for more than 50 countries are fuelling demand for longhaul MICE into China. China may have become more […]

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Hotel prices jump 58% as spring begins

Hotel prices have increased in European cities in April by as much as 58%, according to the monthly Trivago Hotel Price Index.  The figures show that travellers can expect to […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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) […]

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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 […]

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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 […]

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