Revenue Management - 10 Minutes News for Hoteliers - Page 10

2 min

HBX Group shares latest three-month trading

📈 European B2B travel technology provider HBX Group reported a 3% revenue increase to €182m in Q3 and a 9-month revenue of €501m, up 7%. The group's TTV growth was 5% in Q3, with accommodation outperforming mobility. Civitfun was acquired in May, expanding The Luxurist in new markets. In Spain, revenue rose 4%, while European travel to Germany and the UK fell. Middle East and Asia Pacific grew 14%, driven by airline expansion, despite unrest in the Middle East impacting travel.

Tour de France 2025: hoteliers in the south of France shine brightly

🏅 Toulouse, July 2025: Hosting the Tour de France proved beneficial for the city with a cost of close to €1 million. The event boosted economic activity, particularly for hotels, restaurants, and shops. The Ville Rose saw an occupancy rate of 76.9%, a 2.1-point increase from last year, and a significant 15% rise in average daily rates. With a packed events calendar, including festivals, the city maximized yield management opportunities for local businesses.

1 min

Minor Hotels Europe & Americas to delist from the stock exchange by the first half of 2025

💸 Minor Hotels Group, 2023, acquired a 4.1% stake in Minor Hotels Europe & Americas. CEO Dillip Rajakarier noted this delisting will enhance agility and growth potential. MHE&A's half-year results showed €1.2 billion revenue, up 5%, a 6% RevPAR increase, and €317 million EBITDA. Net profit rose 58% to €112 million, with €26 million from asset sales. Debt reduced to €114 million after a €400 million bond repayment.

1 min

Hilton Reports Q2 2025 Results

📈 In Q2 2025, Hilton reported a diluted EPS of $1.84, adjusted to $2.20. Net income was $442 million, with an adjusted EBITDA of $1,008 million. RevPAR declined by 0.5%. Hilton added 22,600 net rooms and approved 36,200 new rooms. The development pipeline reached 510,600 rooms. Hilton issued $1 billion in Senior Notes and repurchased 3.2 million shares. 2025 projections include a net income of $1,640-$1,682 million and capital return of approximately $3.3 billion.

Business travel costs expected to stabilize in 2026

🛩 Global business travel costs will see modest increases in 2026, with airfare rising by 0.4% to $708, hotel rates by 1.2% to $166, and car rentals by 2.8% to $48. Meeting costs per attendee will go up by 2.4%. Despite economic uncertainties, increased airline and hotel capacities are expected to stabilize price growth. These predictable pricing trends offer corporate buyers more leverage to optimize travel programs, with potential cost decreases of 1–2% if a global downturn occurs.

3 min

3 Ways Revenue Management Lifts The Guest Experience in a Small Hotel

💰 Boutique hoteliers can enhance guest experiences through smart revenue management strategies, offering dynamic pricing, personalization, and reinvestment in amenities. Dynamic pricing allows budget travelers to book during off-peak times. Personalization uses data for tailored offers like "Gourmet Getaway" packages. Profits fund upgrades, such as premium coffee and faster Wi-Fi, and support staff training. Embracing revenue management as a guest-focused tool builds a resilient, responsive hotel experience.

4 min

The Five Stages of Rate Parity Acceptance

🏨 In the journey from anger to acceptance, hotels grapple with rate parity challenges by chasing promotions and tech solutions, akin to a caffeinated squirrel’s frenzy. As desperation morphs into depression, hotels struggle with declining revenues when reducing OTA reliance. Acceptance finally comes with understanding that guests value direct bookings for personalized service. A balanced approach emphasizes hospitality over distribution wars, acknowledging that good management and strategic promotions can sustain thriving hotel operations.

Menu prices increase for the fifth straight month

📈 Inflation rose to 2.7% annually in June, the highest monthly rise since January. Menu prices rose 0.4%, marking a 3.8% annual increase, while grocery prices increased 0.3% monthly and 2.4% yearly. Full-service meals rose 4% annually, and limited-service meals increased by 3.5%. Menu price growth was highest in the West at 4.1%. Restaurant prices have outpaced grocery prices for 27 consecutive months, with a 140 basis point gap favoring groceries.

6 min

The Old Rules of Revenue Management Are Dead

💸 Myth-busting in hotel revenue management reveals the need for a shift in strategy. Traditionally, it's been about "selling capacity." Instead, focus on customer needs to maximize profits and create tailored packages. Hotels should aim to capture existing demand rather than create it, avoiding price wars that erode margins. Smaller hotels hold an advantage with agility, allowing them to meet guest needs efficiently. The future lies in customer-centric profit, leveraging unique strengths for higher revenue.

Ella Resorts Selects IDeaS G3 RMS to Power Strategic Growth and Optimize Resort Revenue Performance

💰 ATHENS – 14 July 2025 — IDeaS, a leader in hospitality revenue management, partners with Ella Resorts, a growing luxury resort brand in Greece. Utilizing IDeaS G3 Revenue Management System, Ella Resorts aims for centralized pricing, inventory strategy, and real-time revenue insights. This shift replaces manual processes and supports expansion plans. Konstantinos Mitsios highlights improved decisions and guest experiences. Michael McCartan emphasizes the transition's impact on efficiency and revenue performance. Notable improvements have been achieved since implementation.

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