Trying to figure out how to best build up your ADR after the crisis? Don’t worry, it might be a matter that is out of your hands more than you think.
How hotels can measure their success in 2021
Revenue managers appear to be changing their view hotels’ KPIs, does that suggest a drastically different approach to revenue management in 2021?
HotStats: U.S. hotel industry resilient, GOPPAR up in September
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.
STR: U.S. hotel performance for September 2019
The U.S. hotel industry reported mostly negative results in the three key performance metrics during September 2019 according to data from STR.
MENA hotels’ rate jump not enough to produce positive GOPPAR
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
New SkyTouch and iHotelier now integrated to help optimize revenue
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.
Stable rates with declines in bookings continue as hoteliers close out first half of 2017
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.
Group bookings in New Year brighten hotel outlook for North America
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.
Spain’s Hoteles Casas y Palacios de España occupancy and ADR increased by 15%
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.
Three myths of a ‘perfect sell’
A ‘perfect sell’ is more illusion than perfection with the challenges that it creates for your people and your property or portfolio.
