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 ...

TOURISM REVENUE IN COLOMBIA GROWS BY 160% COMPARED TO 2020

Kevin Eagan -
Due to the strong revival of tourism in the second half of 2021, the sector has managed to exceed all estimates in revenue, reaching 160% the tourism revenue achieved in 2020 and 32% that of 2019. ...