Americans appear eager to pack their bags in the coming year, as 36 percent plan to spend more on leisure travel in 2011 than this year, while 42 percent expect to spend the same amount. Ninety percent plan to take two or more leisure trips next year – a slight increase on the 89 percent [...]
In the lodging industry revenue managers set prices. Customer-centric revenue managers, go further. They make sure their prices are fair. The difficulty comes in deciding exactly what constitutes a fair hotel price.
The difficulty for them, and for you if you are responsible for setting prices in your organization, comes in deciding exactly what constitutes a [...]
Travel search engine Mobissimo has launched the first vertical travel search application available within Facebook. Now, users can access Mobissimo’s travel search engine directly from Mobissimo’s Facebook page and get real-time results from over 172 different travel websites worldwide.
This new capability is part of an aggressive strategy to leverage Facebook’s growing importance in online travel [...]
Mr. P.R.S. Oberoi, Chairman of The Oberoi Group, has been presented with the ‘2010 Corporate Hotelier of the World’ award by HOTELS magazine. In its 29th year, the annual ‘Hotelier of the World’ award is determined by votes cast by readers of the magazine in more than 150 countries.
Mr. Oberoi received the award at a reception [...]
Hotel and restaurant ratings from Forbes Travel Guide (former Mobil Travel Guide) were announced this morning, and here’s a first look.
Making it to five-star status this year: Falling Rock at Nemacolin Woodlands Resort in
Farmington, Pa. (the resort is shown at right; Falling Rock is a small luxe part of it); the Island Shangri-La Hong Kong. [...]
Roger Collis, acclaimed journalist and author of ‘The Survivor’s Guide to Business Travel’ has extensive expertise in luxury travel. He recently met Andrew Pike, the General Manager of the Milestone Hotel in Kensington to discuss the significant challenges of running a five star London hotel.
Below is the London Hotels Insight summary of the key issues [...]
As we put the economic downturn behind us, we must be strategic in how we think about sales plans for our hotels. The plan should not just be about getting heads in beds at all costs. Here are six steps that are proven and can help you lay out a successful hotel-level sales plan.
1. Revenue [...]
Travelocity’s “Fall for Fall Sale” offers travelers up to 35 percent off participating hotels and vacation packages, and Priceline’s “Big Deal Days II” is showcasing even bigger deals – up to 60% off published rates.
You can’t have too much of a good thing, according to priceline.com. The company announced the launch of its Big Deal [...]
In the third quarter, revenue per available room at Marriott’s North American hotels rose 7.2 percent year-over-year and average daily rates rose nearly 2 percent. International Marriott hotels showed tremendous strength, with RevPAR up 12 percent in the quarter on a constant dollar basis.
Third quarter 2010 net income totaled $83 million, a 57 percent increase [...]
Finally, after being closed for three years and a refit costing £220 million, the venerable landmark will be back in business. “We had the market doing that,” says MacDonald, the hotel’s general manager, making a downward movement with his arm. “And we had a business plan based on this, the original market,” moving it up [...]