Hotel Business

DECEMBER 15, 2023

This year’s total number of domestic travelers is a 2.2% Average ticket prices are slightly lower than last year. According to AAA booking data, the average price for a roundtrip ticket to Orlando this holiday season is $613, down from $735 last year. AAA projects 115.2 AAA projects 7.5 million passengers.

Book 119

Book Pricing Training 119

Hotelogix

DECEMBER 7, 2023

These platforms work like magic to spread the word about property, inventory, prices, offers, etc. This aids in getting maximum visibility and enhancing exposure to both domestic and international audiences.  OTAs are now a great marketing resource for hotel owners, allowing them to reach a wider audience and optimize revenue.

Book 268

Book Budgeting Catering Strategic Planning 268

Hotel Owner

MARCH 7, 2023

Trade body UKHospitality has recently called on gas and electricity regulator Ofgem to intervene in the non-domestic energy market as businesses struggle with costs and a looming reduction in government support.

Pricing 110

Pricing Marketing 110

Hotel Owner

MAY 11, 2023

The committee said it voted to increase the bank rate in an attempt to continue to address the “risk of more persistent strength in domestic price and wage setting”, as represented by its projected distribution for CPI inflation.

Pricing 104

Pricing Marketing 104

Revenue Hub

APRIL 13, 2023

Subscribe to our weekly newsletter and stay up to date With concern over a possible recession and rising energy prices we see if this translated into a downturn in anyway. Finally, were there any pricing pressures that came through into the market.

Marketing 82

Marketing Pricing Book 82

Hospitality Net

AUGUST 2, 2023

Denver, CO – OTA Insight, the global leader in cloud-based hospitality business intelligence, today released a comprehensive analysis highlighting the influence of Taylor Swift’s Eras Tour on hotel demand and pricing, both domestically and internationally.

Marketing 71

Marketing Pricing 71

Hotel Owner

APRIL 26, 2024

The Castle Inn Hotel in Bassenthwaite has been sold to an undisclosed buyer off a guide price of £3.75m. The region continues to attract both overseas and domestic buyers and we’re pleased to have been able to identify the right buyers who were able to close the deal to provide them with their first hotel representation in the region.”

Pricing 52

Pricing Events 52

Hotel Owner

MARCH 28, 2024

Around three in ten (28%) UK holidaymakers say warmer UK temperatures are encouraging them to take domestic holidays. Furthermore, nearly half (47%) of domestic holiday makers have taken more staycations than trips abroad since Covid.

Book 52

Book Pricing Events 52

Serviced Apartments

FEBRUARY 8, 2024

Bookings can be confirmed the day before flight departure for domestic travel and 10 days before overseas travel. James Fenner, VP pricing and revenue management, Frontier Airlines, added: “Thousands of GoWild! pass holders have enjoyed all-you-can-fly travel to a wide variety of Frontier’s domestic and international destinations.

Pricing 52

Pricing Book Information Marketing 52

EATER

APRIL 18, 2024

Dinner parties became normal, and hosting a way to both gather your friends and show off your domestic skills. In this moment of ever-increasing food prices, it’s starting to feel a bit like the bad old days. I get that cooking a whole dinner for a bunch of people can be expensive.

Procurement 136

Procurement Pricing Definition 136

Hotel Owner

JANUARY 26, 2024

Revenue per available room in the UK rose 9% in December with New Year’s Eve seeing the highest prices across hotels in the UK, according to data from CoStar. Hotels saw the highest average rates during New Year’s Eve in 2023 as prices reached £165.

Pricing 52

Pricing Marketing 52

Hotel Owner

MAY 2, 2023

The Novotel in Milton Keynes has been brought to market, with a price available upon application. The three-star rated hotel in Milton Keynes city centre features “extensive” conferencing and leisure facilities, as well as 124 en-suite bedrooms, a gym, bar and a 75 cover restaurant.

Marketing 119

Marketing Training Pricing 119

Hotel Owner

MARCH 31, 2023

The government is set to introduce the Energy Bill Discount Scheme from tomorrow (1 April) which will replace the current Energy Bill Relief Scheme while providing discounts to eligible non-domestic businesses. But concerns have been raised surrounding the funding of the scheme which will be capped at £5.5bn.

Pricing 119

Pricing 119

Larry Mogelonsky

FEBRUARY 19, 2024

The gaming element is always part of the allure of coming to Vegas, but as other domestic cities have started opening up casinos Vegas must continue to innovate and elevate its level of hospitality to evolve with our consumers and to surpass the competition. For the first true year of operation, our goal was purely domestic.

Marketing 100

Marketing Pricing Definition Budgeting 100

Hotel Business

APRIL 4, 2024

This increase reflects growing optimism related to both domestic and international travel, despite inflationary pressures in the U.S. Despite rising costs, inflation and gas prices are having less of an impact on travel plans when compared to October 2023. and a slight decrease in perceived safety of international travel.

Pricing 94

Pricing Information 94

Revenue Hub

FEBRUARY 22, 2023

Read more about the key takeaways from our latest report , including the popularity of “flexcations” and the anticipated impacts of price sensitivity on travel planning. While overall intentions to travel are high, traveler spending behaviors are expected to evolve, pointing to the growing importance of price and value.

Pricing 82

Pricing Article Information Book 82

Hotel Owner

MAY 1, 2024

Substantial” offers were invited for the properties, and an undisclosed price was paid for the two hotels together. Uno Hotels will be running the assets through two new companies; Cumberland Assets Ltd and Four Hillside Assets Ltd.

Pricing 52

Pricing Marketing 52

Hotel Owner

JANUARY 16, 2023

The group has stated that since the energy cap was raised last year they have come across examples of energy companies raising rates above wholesale prices, hiking standing charges, demanding large deposits, and in some cases refusing to work with hospitality. It also wants an end to blanket withdrawal of quotes to sectors.

Pricing 105

Pricing Marketing 105

Hotel Business

FEBRUARY 14, 2024

Providing insights on the metrics most important to lenders in the underwriting, sizing and pricing of hotel loans, the study includes more than 70 financing originators that including life insurance companies, debt funds, conduit lenders and banks.

Pricing 111

Pricing Marketing 111

Hospitality Magazine

JULY 31, 2023

If the government is serious about growing domestic manufacturing jobs, particularly in the regions, they can’t have it both ways.” If we asked our loyal customers to pay an extra $2 or $3 every six months, we would start to look greedy in their eyes, and it puts us out of the price range that they can afford,” Brook said.

Pricing 130

Pricing Magazine Marketing 130

STAAH

OCTOBER 25, 2022

From effectively using the channel manager for distribution management to leveraging products such as Precium from Redsky that takes over from a skilled revenue manager to provide pricing recommendations based on analytics. Demand and pricing. When Covid hit, many destinations quickly moved to attract domestic guests.

Blog 72

Blog Pricing Book Information 72

Hotel Business

MARCH 28, 2024

With a wide variety of demand generators, including government, corporate, conventions, sporting events and concerts, as well as both domestic and inbound international leisure, we are confident Washington, DC, is well positioned for continued growth.

Pricing 59

Pricing Events Marketing 59

Revenue Hub

SEPTEMBER 12, 2023

Subscribe to our weekly newsletter and stay up to date By understanding the different types of guests a hotel attracts and tailoring pricing and marketing strategies accordingly, hotels can unlock significant revenue potential. Geographic Segmentation : Location: Domestic, international, specific regions or countries.

Pricing 106

Pricing Book Article Blog 106

InnQuest

JUNE 6, 2023

Some OTAs have focused on promoting domestic travel and offering flexible cancellation policies, while others have expanded their offerings to include virtual experiences and activities. To learn about hotel pricing strategies to boost revenue in 2023, read this. Book a demonstration of our award-winning hotel management software here.

Travel and Tourism 131

Travel and Tourism Book Blog Pricing 131

Hotel Owner

JUNE 29, 2023

She continued: “While its review into the non-domestic energy market is positive, it has been ongoing for at least six months with no conclusions. The severity of the situation facing hospitality businesses requires far more urgency from the regulator and this inaction has resulted in business failure, which we have continuously warned of.

Pricing 100

Pricing Marketing 100

Revenue Hub

JANUARY 30, 2024

Using third-party booking sites and other online channels, hotels can sell rooms at a broader range of price points and appeal to more customers at once. Online booking sources work on behalf of the hotel, increasing revenue by capturing reservations at all hours, even when staffing at the hotel is limited.

Book 81

Book Reservations Article Scheduling 81

Hotel Owner

FEBRUARY 2, 2023

As part of its summary, the MPC said the decision comes as global consumer price inflation remains high, although it is likely to have peaked across many advanced economies, including in the UK.

Pricing 105

Pricing Marketing 105

Hotel Owner

JULY 5, 2023

The Hunday Manor Hotel in the Lake District National Park has been sold to Osprey Hospitality Group from a guide price of £1.6m. The 27-bedroom hotel near Workington, which is set in four acres of grounds, has a 70-seat restaurant, lounge and cocktail bar, as well as conference and banqueting rooms for 250 guests.

Special Events 105

Special Events Events Pricing Marketing 105

Hotel Owner

MAY 16, 2023

The index analysed the performance of 38 UK cities across ten performance indicators including occupancy figures, average daily room rates, RevPAR growth, development costs, land prices and market appetite.

Marketing 103

Marketing Pricing 103

EATER

FEBRUARY 22, 2022

But avocado prices are still expected to rise in the short-term Less than a week after the United States Department of Agriculture announced that it would halt avocado exports from Mexico following an anonymous threat directed at one of its inspectors in the country, the agency has officially rescinded that decision. in January 2021.

Pricing 101

Pricing 101

Revenue Hub

JANUARY 13, 2023

Domestic flight bookings immediately surged 56% on the previous week and continued to increase 69% the following week. On 26th December, China removed all COVID-related restrictions on domestic air travel; and bookings surged again, reaching 50% of 2019’s level in the final week of the year.

Book 85

Book Scheduling Article Pricing 85

SiteMinder

APRIL 17, 2024

This includes opportunity reports, travel insights, and domestic trends. Key functions include: Updating room availability, Adjusting pricing strategies, Accessing booking reports, and, Utilising marketing tools like Agoda ads to enhance visibility. Learn more What is the Agoda Partner Hub?

Book 52

Book Blog Pricing Marketing 52

SiteMinder

DECEMBER 12, 2023

Domestic vs international travel planning Of the 12 countries that SiteMinder spoke to, German travellers are the most likely to travel internationally only in the next 12 months, ahead of those from the UK and Thailand. “I I plan to travel domestically only in the next year” 2022 vs. 2023: Gen Z (b. 1997-2005) Millennials (b.

Book 59

Book Pricing Reservations Presentation 59

Revenue Hub

OCTOBER 7, 2022

These concerns are as follows: The Price of Air Travel. In summer 2022, we saw record-breaking prices for air travel, and due to pent-up demand, guests had little to no issues paying more to get away. In Europe however, flight prices seem set to rise. Hotel ADR in Winter 2022 to 2023.

Pricing 85

Pricing Article Marketing 85

SiteMinder

APRIL 16, 2024

International travellers, who typically book their travel further in advance than domestic guests, grew from 74% of all hotel arrivals in 2022, to 88% in 2023. We also know that travellers have become more open to spending money on extras to elevate their stay, but that increased prices are forcing them to adapt by opting for package deals.

Book 104

Book Reservations Accounting Marketing 104

Hospitality Magazine

JANUARY 24, 2024

In August last year Australia’s spirits tax rose to over $100 per litre of alcohol and the bi-annual indexation continues to fuel inflation and cost of living pressures, having already risen in line with the Consumer Price Index (CPI) by a total of 12.5 Domestically it’s almost impossible to make a quid under these circumstances. “It

Budgeting 130

Budgeting Scheduling Pricing Magazine 130

Hotel Owner

JUNE 14, 2023

The group said its margin performance has continued to improve, and its decentralised hotel teams are “successfully managing the inflationary environment through the use of dynamic pricing, cost management and an increase in sustainability initiatives delivering a reduction in utility consumption”.

Pricing 105

Pricing Marketing 105