Hotel Business

NOVEMBER 14, 2023

Holiday booking prices This holiday season, travelers are generally paying less for domestic trips compared to last year and more for international vacations. The one exception is airfare, which is slightly more expensive for domestic flights this season and a bit lower for international flights. from last year.

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Pricing Reservations Book Training 102

Travel Pulse Destinations

MAY 12, 2023

Now is a good time to take to the skies for a U.S.

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Pricing 95

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.

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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.

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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.

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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.

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Revenue Hub

MAY 31, 2024

Gen Zers and millennials who responded to our survey are planning a nearly equal number of international and domestic trips in 2024, no matter their country of origin, whereas older generations are planning to take roughly twice as many domestic trips (Exhibit 2).

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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.

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Hotel Owner

MAY 22, 2024

Edinburgh has outperformed domestic hotel markets in light of its tight supply and growing tourism demand following the pandemic. We hope to acquire similar attractive re-priced core opportunities throughout the remainder of 2024 and beyond.” It is the UK’s second-most visited city with 4.5

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SiteMinder

MAY 8, 2024

Furthermore, domestic travellers in April reached their highest levels since October of 2023. Domestic guests accounted for 23% of total check-ins, up from just 13% in January and February of this year.

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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.

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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.

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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.

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Marketing Training Pricing 119

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.

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Pricing Marketing 52

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.

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Pricing 119

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.

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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.”

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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.

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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.

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Pricing Marketing 105

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.

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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.

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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.

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Hotel Owner

OCTOBER 10, 2023

According to Christie and Co, this confirms the “enduring” appeal of the UK hotel sector to both domestic and foreign investors, and their trust in investing in regional UK cities beyond London. The opposing forces of continued trading performance elevation and increased financing costs have largely underpinned this gap.

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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.

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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.

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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.

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Pricing Marketing 111

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.

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Travel and Tourism Book Blog Pricing 131

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.

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Pricing Book Article Blog 104

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.

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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.

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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.

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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.

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Special Events Events Pricing Marketing 105

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.

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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.

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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.

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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.

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Book Scheduling Article Pricing 80

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.

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Book Pricing Reservations Presentation 59