Revenue Management

This article was written by Restaurant Hospitality. Click here to read the original article Dukkah is an Egyptian seasoning blend made from toasted nuts, seeds, and spices like coriander, cumin,…

As expected with the MLK Day holiday, the U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 25 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

A recent discussion on Hospitality Net’s World Panel has reignited the debate over whether differentiating hotel pricing based on a traveler’s geographic location is a prudent revenue management strategy or an ethically fraught practice. The conversation stems from research suggesting that several major OTAs (Online Travel Agencies) appear to offer higher rates to users in more affluent regions—most notably the San Francisco Bay Area—compared to those in less affluent cities like Phoenix or Kansas City. According to SFGate, the discrepancies can be dramatic, sometimes reaching $500 more per night for the very same room and dates.

This post will explore how these data pillars fit together and why a centralized business intelligence tool is essential for turning information overload into strategic action. Capacity Capacity represents your…

This article was written by Restaurant Hospitality. Click here to read the original article Now that we have the first major conference of the year under our belts (ICR) and…

Extended stay accommodations and serviced apartments represent a small but fast-growing portion of the European hospitality sector, with the market projected to grow (1) at CAGR of 12.3% from 2024…

This article was written by Restaurant Hospitality. Click here to read the original article Senior Food & Beverage Editor Bret Thorn is senior food & beverage editor for Nation’s Restaurant…

This article was written by Lodging Magazine. Click here to read the original article WASHINGTON—The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR),…