3,000 budget hotel operators suffer losses amid rise of unregistered online lodging platforms
MALAYSIA is estimated to be losing about RM58 million annually in revenue from the hotel industry due to the growing use of unregistered online accommodation booking platforms, a trend that has significantly affected the survival of local budget…
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Ads for Booking.com and three hotel chains banned over misleading prices
Adverts for three hotel chains and the travel site Booking.com have been banned for misleading consumers about the number of rooms available at the cheapest prices.
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Chinese woman pays 280 times room rate after flooding hotel over denied cancellation request
A Chinese woman who flooded her hotel room in anger after her cancellation request was refused eventually paid almost 280 times the original room rate.
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President Donald Trump fumes as Dallas hotel manager beheaded in front of family by Cuban national
US President Donald Trump has directly addressed yet another incident of horrific violence during which a father was beheaded in front of his family, declaring the “time for being soft on these Illegal Immigrant Criminals is OVER under my watch!”…
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Choice Bumps Hyatt From Best Hotel Program, New Study Says
The Choice Privileges rewards program for hotel guests beats out the World of Hyatt for the No. 1 ranking among major lodging companies, according to a study released Wednesday.
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Greece. To Address Housing Crisis, Civil Servants Will Be Offered Hotel Rooms
When civil servants can’t find a rental because tourists snatch them all, where are they supposed to go? This glaring issue impacts teachers, police officers, doctors, and firefighters, particularly on islands and other hot summer…
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Occupancy vs ADR, the Never Ending Discussion in Revenue Management
Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?
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Spotlight shines brighter on algorithmic price-fixing
After a series of lawsuits, newly expressed interest in a case by the DOJ and FTC could signal more scrutiny over alleged hotel pricing collusion.
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Four years later, audit finds San Diego likely paid millions too much for Mission Valley hotel
The San Diego Housing Commission has acknowledged its appraisal mistake but says the property is working as planned and has since risen in value.
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Luxury Hotel Chains Accused of Price-Fixing Scheme, Lawsuit Alleges
In a recent legal development, prominent hotel chain operators including Hilton Worldwide Holdings Inc., Hyatt Hotels Corp., Inter-Continental Hotels Corp., Marriott International Inc., and Accor Management find themselves embroiled in a lawsuit…
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