OVERNIGHT STAYS IN TURKISH HOTELS ARE DOWN, BUT REVENUE IS UP

Nik Fes -
Based on recent estimates, Turkish hotel revenue in the first five months of the year increased by 7.4% in euros, totaling over €3.5 billion. However, the Tourism Databank's analysis revealed that the ...

AI CHANGING REVENUE MANAGEMENT IN THE HOTEL INDUSTRY

Vanderlei J. Pollack -
The hospitality industry's revenue management seems promising with the integration of AI-based systems. Classic dynamic pricing, primarily based on rules, is now evolving into AI pricing. This complem ...

WAYS TO INCREASE HOTEL PROFITABILITY

Sara Thopson -
Hotels can improve their profitability by starting with the basics - understanding their costs and expenses. ...

CTRIP GROUP'S RESULTS CONFIRM THE ACCELERATION OF CHINA'S TOURISM MARKET RECOVERY

Larry Brain -
According to Ctrip, the Group's unaudited financial results for the first quarter ended March 31, 2023, show that in the first quarter of 2023, the Group's net operating income was 9.2 billion yuan, u ...

HOTEL REVPAR – WHAT DOES IT SAY ABOUT A BUSINESS?

Richard Moor -
In today’s business world, there are indicators that make it possible to measure the economic, material, and human performance of a company. In the hospitality industry, this indicator is known as Rev ...