rooms
ADR, not occupancy, drives RevPAR, study finds
Price positioning plays a larger role in driving revpar than does occupancy for European hotels, according to a recent study titled “Competitive hotel pricing in Europe: An exploration of strategic […]
Business travel demand drives APAC room rates up in Q1
Hotel room rates were mostly up across the board in Asia-Pacific as business tourism surged this quarter, according to HRS Hotel Price Radar. Macau, Sydney and Hong Kong were found […]
Pricing-only approach to revenue management: Are you leaving money on the table?
The latest thinking is that in the current multichannel price-transparent world revenue management needs to consider availability in conjunction with rates. NB: This is an analysis by Alex Dietz, Advisory […]
HotStats UK Chain Hotels Market Review, March 2015
Whilst London hotels’ profitability showed a virtually flat year-on-year movement in the month of March, the UK provinces continued to post strong performance with particular growth in gross operating profit […]
Dubai hotels face new challenges as occupancy rates fall
Declines in tourists from Russia and tougher competition from the likes of Egypt and Lebanon led to a decrease in occupancy and rates at Dubai hotels in March. According to […]
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 […]
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 […]
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 […]