Articles tagged “hotel pricing”

Middle-income U.S. consumers have yet to let price hikes or declining savings get in the way of booking travel. Wyndham benefited in the fourth quarter. Yet the world's largest hotel franchisor expects rate gains to plateau in 2023.

The U.S. hotel sector will this year finally surpass 2019 levels on a few performance metrics, according to research commissioned by the country's largest hotel lobby.

Hoteliers managed to maintain pricing discipline in 2022, a practice that has long eluded the industry.

Luxury hotels should be able to drive higher rates if luxury becomes more about what you do than what you own.

Hilton reported its third-quarter earnings on Wednesday. During a call with investment bank analysts, executives were asked what role the company's software for setting rates may play in the company's…

They say smart people can hold two opposing ideas in their minds and still function. So hotel executives must be geniuses, as they watch bookings stay strong while economic worries rise.

Hyatt's move to change its revenue management software foreshadows a broader trend. Expect more hotel companies to embrace automation while looking at a bigger picture than just the supply and demand of rooms.

The global accommodation sector is witnessing a fast-paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. A closer look into the industry performance shows interesting variations in the pace of recovery as we review regions and sub-sectors.

Hoteliers used to obsess about putting "heads in beds." But Wyndham instead focuses on charging the highest hotel prices possible, or what we call a focus on "rates and dates." So far, in 2022, Wyndham's approach has paid off.

The accommodation sector in APAC is witnessing a fast paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. However, composition of the industry remains unclear with short-term rentals revenue share decreasing in 2022.