Revenue Management in a Crisis or Economic Downturn
The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’…
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Revenue Management in a Crisis or Economic Downturn
The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’…
read more
Revenue Management visionaries join forces to deliver unique global event
Three of Europe's leading and most respected Revenue Management conferences will come together in early 2021 to deliver an exclusive one-day conference designed to support and unify the revenue management community…
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Hoteliers plan for a budget season unlike any other
With even less certainty about future performance than normal, hoteliers are changing how they prepare a budget as they get ready for 2021.
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US hotel profits at best level since start of pandemic
The latest P&L data from STR shows that U.S. hotel profitability picked up in July as more segments started to record positive performance.
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UK hoteliers rethink relationships with ‘silent’ OTAs
Online travel agencies have made billions from the hotel industry, which has led hoteliers to ask where OTAs have been during the COVID-19 pandemic and what that says about the nature of partnerships.
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US hotel P&L turned positive in July
For the first time since February, U.S. hotel gross operating profit per available room (GOPPAR) was positive, according to STR's July 2020 monthly P&L report.
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8 ways for hotels to combat the crisis
This article delves into the Darwinian laws of a post-COVID-19 hotel market. Emerging from the global economic shutdown, many tough choices for hoteliers lie on the road ahead to a sustainable and profitable business…
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More UAE hotels could close down, says Cavendish Maxwell
Due to lingering travel restrictions and the massive hit coronavirus has had on businesses, many of the UAE’s hotels could still remain closed or operate at minimum capacity further into the year, according to a report by Cavendish Maxwell…
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IHG releases interim half-year results
IHG released its interim half-year results last week, which showed a $6.6-billion total gross-revenue decline, representing a 52-per-cent decrease.
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Revenue Management strategies during a global financial crisis
The unofficial definition of Revenue Management used by insiders is ‘the art of turning away business’…
read more