According to data from Statista, UK hotel occupancy across 2,393 hotels, guesthouses and bed and breakfast properties show the industry as “flat” according to the surveys. Within the European market, only Eastern and Southern Europe show significant growth for revenue.
Yesterday I wrote a short post on LinkedIn “Pulse” with my view on Expedia’s new “Accelerator” marketplace. The experiment where hoteliers get to bid for the hotels’ visibility on the OTA, it resembles a carnival act for me. At least one comment on my LinkedIn, suggesting I was a mean spirited ranter because of my […]
A recent ESSEC Business School Hospitality Management MBA Bootcamp spawned a series of discussions and expert analysis. The
When Russia’s influence on the Ukraine government of Viktor Yanukovych got challenged by a kind of rampaging western hegemony, all Europe should have studied more closely these relationships. Now, over a year in, the 2015 summer tourist season will probably be a disaster. Regardless of who we lay the blame on for the current west-east detente disaster, […]
Magnuson Hotels Worldwide has just released a global hotel performance calculator which allows owners to benchmark their individual hotel performance versus local markets. In a move the company says is a “first ever” approach to measuring true performance at the local level, Magnuson’s release of the tool on Hotel Authority seems destined only for those in dire need of revenue help. Here’s a brief look at a local performance indicator.
hotelBrain, Greece’s largest hotel management company, has taken aim on ramping up the branding and management of existing hotels. With Greek tourism revenues and economies at the forefront of the resurfacing economy there, the marketing company with gray matter shows promise in a land of largely unwired hotels. With some additives, this management firm could […]
Zakynthos, Greece 3 star accommodation Vanessa Hotel has announced 2X online bookings since having adopted Hotelogix PMS in January.
On Thursday, Starwood Hotels & Resorts Worldwide announced their Q4 earnings had declined blaming growth in Europe and rising costs for the reduced revenue. The company’s net income fell to $142 million, 0.72 cents per share, about 0.7 cents beneath investor expectations.
Just as some have feared but so few forecast officially, this Summer’s travel was not as big a hit as expected. When Accor Hotel Group warned their investors profit may not meet expectations last week the recession’s effect on hoteliers was cemented for the season.