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Articles tagged “hotel pricing”

News Blog

Hilton Finance Chief Touts Software for Supporting Pricing Power

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 performance. "I'd say we have a long history of being really good at revenue management, and it is part of our special sauce," said Kevin…

Hotels

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

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.

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

Hotels

Hyatt to Use More Automation When Setting Hotel Room Rates

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.

Hyatt to Use More Automation When Setting Hotel Room Rates

Hotels

Global Accommodation Sector Market Estimates 2022: New Skift Research

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.

Global Accommodation Sector Market Estimates 2022: New Skift Research

Hotels

Wyndham Hotels Emphasizes Boosting Rates Instead of Occupancy

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.

Wyndham Hotels Emphasizes Boosting Rates Instead of Occupancy

Hotels

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

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.

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

Hotels

Daily Podcast: Hotels Slow Their Price Hikes

Good morning from Skift. It's Monday, June 13 in Puerto Rico (where the Skift Team is meeting). Here's what you need to know about the business of travel today.

Daily Podcast: Hotels Slow Their Price Hikes