OVERNIGHT STAYS IN TURKISH HOTELS ARE DOWN, BUT REVENUE IS UP
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 ...
WAYS TO INCREASE HOTEL PROFITABILITY
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
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?
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 ...
TOURISM REVENUE IN COLOMBIA GROWS BY 160% COMPARED TO 2020
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. ...
