Hotel prices show uneven trends across regions in 2024
These trends underscore the importance of localised strategies to navigate a fluctuating market as the industry prepares for 2025.
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The Owner of This Luxe Palm Beach Hotel Wants to Sell—for $1 Million a Room
Hotels in the Palm Beach area are apparently a hot commodity. The Ben hotel, in West Palm Beach, Florida, may soon be sold for an impressive $1 million per room, Bloomberg reported recently.
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In this Houston hotel spa massage, 3 people work in harmony
Imagine falling asleep. The slow process of turning your brain off, and the involuntary jerk as your body finally fades into relaxation. During the Thompson Spa’s new Trio Luxe service, where three masseuses massage your body in synchronized…
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Holidays can cost 50% more if you book on a computer, not a smartphone app
Families planning half-term breaks face paying up to 50 per cent more on Booking.com if they use a computer rather than the travel firm's smartphone app.
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U.S, France and Italy Witness a Surge in Luxury Hotel Costs with $1,000-Plus Nightly Fees
The luxury hotel market is experiencing an upscale transformation, with a significant increase in the number of properties worldwide setting their average room rates at $1,000 or more.
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Hotel leaders to explore the use of AI and guests experience goals at TIS2024
The fifth edition of TIS – Tourism Innovation Summit will take place from October 23 to 25, 2024 in Seville, Spain.
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Singapore group to bring ‘entry-level’ luxury to London with new hotel
Ellen Kensington marks the second addition to KOP Group’s UK portfolio following its acquisition of Charlton House in Somerset last year.
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Global hotel rates starting to rise ‘more moderately’
Hotel prices in key global business travel cities are now going up at a “more moderate rate” than in the previous two years, according to the latest data from accommodation booking specialist HotelHub…
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Israeli Hotels See Increase in Occupancy Amid Rising Prices
With the summer break in full swing, Israelis opting to vacation domestically rather than overseas. The ongoing conflict and the uncertainty of air travel, compounded by numerous flight cancellations, have dampened the desire to travel…
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San Francisco's glitzy hotels have been plunged into massive debt following a dramatic drop off in tourism to the Golden Gate City.
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Daily Housekeeping: A Source of Contention for Hotels, Guests, and Unions
We all remember those days in March 2020 when we realized that Covid 19 was going to be different than anything we had experienced in our lives. Almost overnight, the entire country shut down. As we dealt with the unknown, reports informed us that…
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Paris hotel operators cut prices in last-ditch attempt to lure Olympics travelers
With the Olympics underway in Paris, hotel operators made a final push to lure last-minute travelers, lowering prices and dropping minimum stay requirements after some people balked at what they saw as price-gouging prior to the games…
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Keys to the Pool, Not the Room
Hotels are increasingly making some of their most enviable amenities available to day pass holders.
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Is the Importance of the OTAs Blown Out of Proportion?
A recent industry report claimed that there were distinct advantages of partnering with the OTAs.
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Menu Price Increases Need a Quick Reverse Course
When industry people get together to talk about hospitality there is never any shortage of enthusiasm. Topics of discussion often include new methods, advancements, current concerns, and directional advice, but how do you know what to accept as…
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If you want to fly too high, you end up burning your wings
A long time ago, a popular singer made a hit with his song: “Even if it rains, the summer will be hot, hot, hot, from the Côte d'Azur to Saint-Malo”…
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Spa Revenue Management: The Art of Pricing Optimization for Spa Services
Effective pricing strategies are the cornerstone of spa revenue management. While price controls are still largely a manual endeavor in the spa industry compared to the more sophisticated automated programs employed for hotel rooms and airline…
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Is my hotel room pricing logical?
Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical?
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