Sydney flat, Perth hot and Cairns in trouble – STR Report
The latest STR Global statistics for the six months to June 2011 reveal that Sydney remains flat, Perth is the hot market and Cairns is in trouble as a strong Australian Dollar continues to significantly affect the hotel industry.
http://www.hotelmanagement.com.au/2011/07/18/anzphic-sydney-flat-perth-hot-and-cairns-in-trouble/
The latest STR Global statistics for the six months to June 2011 reveal that Sydney remains flat, Perth is the hot market and Cairns is in trouble as a strong Australian Dollar continues to significantly affect the hotel industry.
http://www.hotelmanagement.com.au/2011/07/18/anzphic-sydney-flat-perth-hot-and-cairns-in-trouble/
Abu Dhabi hotels continue strong performance
Abu Dhabi’s hotels and hotel apartments continued their strong performance in the first five months of this year with increases in guest numbers, guest nights, occupancy, revenue and length-of-stay, according to the latest figures released by Abu Dhabi Tourism Authority (ADTA).
http://www.hotelmanagement.com.au/2011/07/04/abu-dhabi-hotels-continue-strong-performance/
http://www.hotelmanagement.com.au/2011/07/04/abu-dhabi-hotels-continue-strong-performance/
Hotwire Reveals Hotel Rate Report for July 2011
Hotwire.com®, a leading discount travel site, today announced the results of the July 2011 Hotwire® Hotel Rate Report. The report features the top five cities in North America where hotel rates have dropped the most and the top five cities where rates have experienced the biggest price increases. While one report guides customers to the destinations that will maximize their travel dollars, the other highlights places where using Hotwire to save money is even more essential.
http://ahla.hsyndicate.com/news/4052199.html
http://ahla.hsyndicate.com/news/4052199.html
3 keys to revenue management success
Demand is back and so is rate. STR reported an increase in all three key performance metrics for the first quarter of 2011: “The industry’s occupancy increased 5.7 percent to 54.9 percent, average daily rate rose 3.1 percent to US$99.37, and revenue per available room was up 9.0 percent to US$54.56.”
http://www.hotelnewsnow.com/Articles.aspx/5981/3-keys-to-revenue-management-success
http://www.hotelnewsnow.com/Articles.aspx/5981/3-keys-to-revenue-management-success
OTA debate stresses better channel management
What’s the topic that never ceases to pack a room or stir up emotion? The role of online travel agencies in hotel room distribution. Such was the case during a breakout session Tuesday at the New York University International Hospitality Industry Investment Conference that aimed to address the influence and implications of these intermediaries. But at the (literal) end of the day, panelists agreed that it has always been up to the hotel owner to choose how to get business.
http://www.hotelnewsnow.com/Articles.aspx/5702/OTA-debate-stresses-better-channel-management
http://www.hotelnewsnow.com/Articles.aspx/5702/OTA-debate-stresses-better-channel-management