Revenue managers appear to be changing their view hotels’ KPIs, does that suggest a drastically different approach to revenue management in 2021?
The third quarter ended on a high note for U.S. hotels, as September profit per room climbed year-over-year, indication that the current cycle still has teeth.
despite an almost double-digit uptick in the average room rate, year-over-year profit per room at hotels in the Middle East & North Africa dropped in May
The integration enables properties to use the iHotelier® Central Reservation System (CRS) and the SkyTouch Hotel Operations Platform collectively, enabling hoteliers to maximize revenue and maintain guest relationships.
Heading into the second half of the year, North American hoteliers are continuing to experience stable average daily rates alongside declines in bookings during the second quarter of 2017.
Committed occupancy and average daily rates for Q1 2017 are showing major signs of growth, with group travel leading the way, despite the continuing lag in transient booking pace in Q4 2016, according to TravelClick’s November North American Hospitality Review (NAHR) report.
Company says the increases are a result of the greater international demand for hotels in Spain and highly-personalised service, as well as the adoption of SiteMinder’s Channel Manager, which marked a real “turning point” in the way online bookings were managed.