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hotels

Euro Hotel Rates Fall in November’s Hotel Price Index

2011-11-18 by Aleksandr Shatskih

European hotel prices

European hotel prices have fallen once again, with the average room rate on the continent falling by 12% to just £97 per night, says a report in TravelDailyNews.

Tags: city hotels, economic downturn, Euro hotel rates, European hotel prices, European room rates, hotel news, Hotel Price Index, hotel prices, hotels, HPI, lower prices, rising costs, South Europe, UK hotel rates, UK hotels

Global Hotel Exchange Utilizes RateTiger Effect

2011-11-11 by Aleksandr Shatskih

GHX

On Tuesday, an new, independent OTA announced a strategical alignment with RateTiger. Global Hotel Exchange, a cost free distrubution channel for hotels to launch in January, will leverage the power of global hospitality technology provider Rate Tager and eRevMax.

Tags: Expedia, GHX, hotel booking, hotels, intellectual properties, IP law, Magnuson Hotels, Orbitz, OTA, Rate Tiger, securities, Tom Magnuson, UK hotels, US hotels, Wilson Sonsini Goodrich & Rosati

Rate Parity – Apples When You Need Oranges

2011-11-05 by Phil Butler

Three card monte and hotel prices

The definitions of hotel room rate parity vary depending on who is doing the defining. The big online booking platforms speak of consistency and fairness, hotels often simply “have to” maintain parity to play in the game, and so on. But, is consistency at the expense of value and clarity worth then high price? These […]

Tags: Charleston hotels, Expedia, hotel rates, hotels, Jean Francois Mourier, JHM Hotels, Patriots Point, rate integrity, rate parity, REVPAR GURU, The Meeting Street Inn

Orbitz Worldwide & Travelport: Ups & Downs

2011-10-21 by Phil Butler

Orbitz and Travelport, playing the shell game.

Travelport and Orbitz are in the positive and negative news again today. Travelport for any number of announcements of business dealings, and Orbitz for a very negative S & P rating they just received. Since it was announced that Travelport needed to restructure its dept, it seems as if neither of these online travel giants can catch a break.

Tags: Blackstone, Blackstone's Stephen A. Schwarzman, Bookings, CNET, credit rating, Evercore, flights, Gavin Baiera, Hilton, hotels, Howard Marks, Institutional Investor, market, Oaktree Capital, OTA's, Reuters, S & P, Standard & Poor's, Stephen Schwarzman, stock market, Wall Street

Conrad Hotels & Resorts – Sleek & Provocative Rebrand

2011-08-22 by Phil Butler

Conrad photographic brand brand

Marketing campaigns for hotels chains are not a new fad, nor is using sexy to sell ideas, but doing so intriguingly, this is a bit uncommon. In News from Conrad Hotels & Resorts this morning, their brand is on a global marketing binge that may see a new phrase coined, “chic and slinky sells,” rather than sex.

Tags: Anders Overgaard, Bahamas, Bahrain, Bali, Bangkok, Beijing, Brussels, Cairo, Chicago, Dalian, Dubai, Dublin, Hilton, Hong Kong, hotels, Indianapolis, Istanbul, Koh Samui, maldives, Miami, Punta del Este, San Juan, Sanya Haitang Bay, Shanghai, Singapore, World hotels

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