IATA now sees 2020 global revenue losses for passenger business at between $63 billion and $113 billion. There are no figures for cargo.
revenue
Heraklion Hoteliers Association Event Proves Out New Revenue Strategies
The Heraklion Hoteliers Association, EyeWide Digital, and Revitup.direct held the first-ever sales and digital marketing masterclass.
Heraklion Hotels Event 2 Outline 2020 Revenue Win or Lose
The Heraklion Hotel Association and EyeWide Digital Marketing, and RevitUp have organized a unique industry meetup for February 13th.
eRevMax Partners With Booking Experts BookOnlineNow
eRevMax has completed 2-way integration with Greece based internet booking engine BookOnlineNow to boost real-time data.
eRevMax announces 2-way integration with Nitesoft
Award-winning hotel connectivity expert eRevMax has completed 2-way integration with Swedish cloud-based PMS Nitesoft. The strategic partnership between the two companies will automate the distribution of availability, rates and reservations for hotel clients.
Vanessa Hotel Sees 2X Bookings from Hotelogix PMS
Zakynthos, Greece 3 star accommodation Vanessa Hotel has announced 2X online bookings since having adopted Hotelogix PMS in January.
Starwood Q4 Off on Europe Woes – Inhospitably
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.
Expedia Runs Away With Lion Share of Q3 Profits Online
Last Thursday Expedia Inc. announced their Q3 profits beating analyst projections. According to their release (PDF), the world’s biggest OTA’s hotel revenue propelled the unexpected winnings. Shares of Expedia too an appropriate jump, closing up more than 15 percent. According to Expedia hotel revenue increased some 20 plus percent on gross bookings of some $9 […]