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11 ways to boost midweek occupancy and revenue
NB: This is an article from SiteMinder It can be easy, and very tempting, to think that slashing rates to virtually nothing will sell more hotel rooms and increase room revenue […]
Why Airbnb Won’t Be Great at Selling Hotel Rooms
Investors have been consumed with the notion that Airbnb is gunning for the online travel agencies and that it will eventually turn from apartment rentals to hotels and steal […]
STR: Airbnb impact on NYC’s boroughs
NB: This is the third part of an analysis series conducted by STR on Airbnb data in New York City. Read Part One of STR’s analysis of Airbnb’s minor […]
In 2016, ADR Reluctantly Takes the Driver’s Seat
An updated lodging forecast released today by PwC US expects revenue per available room (“RevPAR”) growth in 2016 to continue, increasing by 5.5 percent, despite signs of potential economic concerns. […]
Hotel rates on the up according to latest data from HRS
Latest data from hotel solutions provider HRS has revealed that the average cost of staying in a hotel room is on the up across most of the world, bar a […]
Homestay sees rise in business travel demand
Cost-conscious business travellers are opting to stay in hosted accommodation, specialist accommodation provider Homestay.com claims. Booking statistics reveal a growing demand from corporate travellers booking homestays for work-related trips, […]
Airbnb soars, faces headwinds in Japan
JAPAN is the fastest growing market in the world for Airbnb, but operators of hotels and inns there said they are not concerned about the inroads made by the […]
A holistic approach to hotel revenue
NB: This is an article by Rachel Grier, Managing Director of APAC for IDeaS There has never been a more challenging time to operate a hotel in the Asia […]
Airbnb identifies fastest growing neighbourhoods for 2016
Airbnb analyzed the travel patterns of more than 40 million people that stayed in homes on Airbnb in 2015 and selected 16 neighborhoods that have gained the most momentum […]
India and the rising market for stays
2015 was a pivotal year for alternative stays in India and a significant development was growing acceptance of online payment wallets In 2015, EyeforTravel predicted that while B2C plays in online […]