Hotel Business

NOVEMBER 10, 2023

While consumer spending remained strong, competition from other lodging sources like short-term rentals and cruise lines, as well as increased outbound international travel, stifled hotel demand and pricing power in Q3. RevPAR decreased 0.3%, as the modest occupancy decline was partially offset by the rise in ADR.

Pricing 59

Pricing Marketing 59

Revenue Hub

OCTOBER 23, 2023

Big Data’s Role in Mitigating the Hotel Industry’s Top Three Risks The first and biggest risk is opportunity cost, or leaving money on the table by not accurately pricing inventory – and that can be in either direction. Another risk is conflating channel complexity with pricing complexity.

Pricing 85

Pricing Book Reservations Property Management 85

EATER

MAY 2, 2022

But four days before I was due to embark, I had a conversation that gave me the impression I might be about to board a sinking ship: The parent company of the cruise line I’d booked, Genting Hong Kong, had just gone through a $3.5 Maybe I would see the stars for the first time in years. billion USD debt restructuring.

Article 98

Article Book Pricing Events 98