- Sales & Marketing | Middle East & Africa
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Ernst & Young Hospitality and leisure outlook Europe, Middle East, India and Africa
2009 has gone into the history books as one of the worst for the hotel industry. Revenue per average room (RevPAR) practically collapsed as travelers stayed away. Companies reined in travel expenditure and tourists stayed at home. Business is suffering against all measures and we have seen hotel stocks fall in value around the world. Despite this, hotel closures and large-scale forced sales of di...
- Ernst & Young Hospitality Services Group
- Friday, March 19 - 2010
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AMARI Announces New Hotel Management Company: ‘ONYX HOSPITALITY GROUP’
Amari, Thailand’s leading domestic hotel management company today announced the formation of a new corporate structure with the creation of ONYX Hospitality Group, a new management company. This strategic development allows the company to pursue its previously announced expansion plans, moving beyond Thailand to pursue hospitality management opportunities in the Asia Pacific and Arabian Gulf regi...
- Amari Hotels and Resorts
- Tuesday, March 16 - 2010
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HVS EMEA Hospitality Enews - Week Ending 12 march 2010
A Change Of Owner For The Le Méridien King Edward | Fantastic Four For Scandic | Three Musketeers For Travelodge | Gresham Hotel Group To Leave London and A New Owner For The New Northumbria | Hilton Heads To Norway | Marriott To Multiply In Europe | Taking It Easy In Berlin | A Capital New Fund For Blumberg | InterContinental Hotels Group Gets Set To Stay In Saudi Arabia | A New Hilton ...
- HVS
- Monday, March 15 - 2010
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WTTC Forecasts Subdued Growth For 2010 | But long-term prospects remain bright
Travel & Tourism is one of the world's most important sectors and employers and has been one of the leading growth sectors since the World Travel & Tourism Council (WTTC) first started measuring Travel & Tourism's economic impact 20 years ago.
- World Travel & Tourism Council (WTTC)
- Sunday, March 14 - 2010
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EZYield.com Signs Global Corporate Agreement with Mövenpick Hotels & Resorts
WINTER SPRINGS, FLA. -- EZYield.com, the originator of the SaaS-based platform for automated online channel management with integrated booking and reservation delivery technologies, today announced that Mövenpick Hotels & Resorts has signed an exclusive agreement to deploy EZYield.com’s distribution technology throughout their entire property portfolio in Africa, Asia, Europe and the Middle East.
- EZ Yield.com, Inc.
- Tuesday, March 9 - 2010
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HVS EMEA Hospitality Enews - Week Ending 5 march 2010
We Open With A Tune | Gravetye Attracts Saphos Hotels | This Is Chardon Crossing The Border | A Second Swiss Courtyard | Jordanian JW Marriott Billed For 2013 | YTL Finds Its Muse In The South Of France | Gladen's Tidings | Whitbread's New CEO To Arrive By Candlelight | Costa Brings Home The Beans | NH Hoteles Announces Its Full-Year Results | Hodges Ward Elliott Tops Broker Rankings Ag...
- HVS
- Saturday, March 6 - 2010
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Middle East hoteliers prove to be the strongest | Deloitte Reports
Deloitte, the business advisory firm, has confirmed that hotels in the Middle East achieved the highest occupancy, average room rates and revPAR globally in 2009. Data prepared by STR Global, shows occupancy reached 61.3 percent for the year, while average room rates and revenue per available room (revPAR), stood at US$202 and US$124 respectively.
- Deloitte Development LLP
- Wednesday, March 3 - 2010
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Marriott International To Add Fourth Hotel In Jordan In Aqaba
Marriott International, Inc. will open its first luxury JW Marriott hotel and fourth branded hotel in Jordan in 2013 in Aqaba under a recently-concluded agreement with Beaches for Hotels & Spas P.S.C., an affiliate of long-time Jordanian partner, Arab International Hotels Co., led by Chairman of the Board Nadim Muasher.
- Marriott International, Inc.
- Wednesday, March 3 - 2010
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HVS EMEA Hospitality Newsletter – Week Ending 26 February 2010
Accor Sells Five Hotels | The Sale Of The Sungate Port Royal | Hoseasons To Be Acquired By Wyndham Exchange & Rentals | An Expansion For Sheraton Hotels & Resorts | Ten New Hotels For Travelodge | A Radisson Blu For Turkey and Rwanda | Two New Openings For Dubai | A Centara Resort For Egypt | Accor's 2009 Full-Year Results | Sol Meliá's 2009 Full-Year Results | Gladen’s Tidings | The I...
- HVS
- Monday, March 1 - 2010
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Cautious Optimism Returns as Hotel Operators Feel the Worst is Over | Horwath HTL Reports
Results from the latest edition of the Global Hotel Market Sentiment Survey shows that hotel operators believe that the worst of the crisis is behind them and that 2010 will be the beginning of the long road to recovery. The survey, carried out every six months by Horwath HTL the world’s foremost firm of hospitality consultants, concentrates on four key questions to gauge the level of industry fe...
- Horwath HTL Pty Ltd
- Wednesday, February 24 - 2010
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- Featured HSMAI Publication
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Travel Internet Marketing White Paper SeriesThe HSMAI Travel Internet Marketing Special Interest Group is pleased to present a ten-part series of white papers, as part of its mission to increase members' awareness and understanding of emerging issues, opportunities and trends; and, TIG Global is proud to sponsor the reports as part of its commitment to helping travel professionals drive revenue and profit online by making smart, strategic marketing decisions.
Read More »
- Featured Industry Publication
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How Hotel Guests Perceive the Fairness of Differential Room Pricing
View publication »
When customers perceived hotel revenue management practices to be fair, they are more likely to be satisfied with the hotel and are more likely to return to that hotel in the future. In this survey of 815 people, we examined the effects of three factors on the respondents' assessment of the fairness of hotel rate policies. Those three factors were familiarity with the practice, provision of information about the practice, and the brand class of the hotel. Of those three, we found that familiarity with a pricing practice was far and away the most important factor affecting perceived fairness. The implication is that revenue managers should focus their efforts on increasing guests' familiarity with their pricing practices. (PDF Document)
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