Articles tagged “rates”

Where Are Travel Prices Headed? Get Ready for Twists and Turns

Where Are Travel Prices Headed? Get Ready for Twists and Turns

Dennis Schaal, Skift

Domestic airfares around the world fell dramatically in May — on average. But, as with hotels, there are currently pockets of strength — and will be for months. Still, contrarian trends don't make for a nice, tidy trend line when it comes to prices.

5 months ago

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

Dennis Schaal , Skift

U.S. hoteliers are finding their pricing options constrained because of an influx of both short-term rental supply during peak periods, and because of hotel construction. Hoteliers may decide to get into the short-term rental market or not, but they increasingly have to take it into account when fine-tuning pricing strategies.

9 months ago

Hotels Tap New Tech to Clamp Down on Rogue Rates

Hotels Tap New Tech to Clamp Down on Rogue Rates

Sean O'Neill, Skift

Hotels are hiring companies to clamp down on online travel sites displaying cheap rates against their wishes. One of those startups, Fornova, has just bought smaller rival HotelsBI to broaden its rate-detection service. The deal is partly justified by the increasing tech spending on a cat-and-mouse-game between hoteliers and providers of rogue rates.

2 years ago

Democratic Delegates Cramming Philadelphia Hotel Rooms as Rates Soar

Democratic Delegates Cramming Philadelphia Hotel Rooms as Rates Soar

Dake Kang, Associated Press

We'd bet there are plenty of Democratic convention delegates staying in apartment and home rentals in Philly next week while many are sharing hotel rooms. Has the sharing economy made hotels soften their rates? Not much evidence of it yet.

4 years ago

First Look at the Exclusive Rates Hilton Wrested From Expedia

First Look at the Exclusive Rates Hilton Wrested From Expedia

Dennis Schaal, Skift

Rate parity and most-favored nation provisions are slowly fading as Marriott and Hilton offer lower rates to new and existing loyalty program members on their own sites than Expedia and Booking.com can. Don't underplay the power of a several-dollar discount in the race toward bolstering loyalty-program rosters through the lure of bottom-of-the-heap pricing.

5 years ago

The Nightly Pricing Habits of Airbnb and HomeAway Hosts

The Nightly Pricing Habits of Airbnb and HomeAway Hosts

Dan Peltier, Skift

Short-term rental hosts, in many cases, haven't become as adept as hotels in knowing how and when to change their average daily rates but you can bet that won't be the story for much longer.

5 years ago

8 Charts That Show the Outlook for Global Airfares and Hotel Rates in 2016

8 Charts That Show the Outlook for Global Airfares and Hotel Rates in 2016

Dan Peltier, Skift

Emerging economies will grow faster than advanced economies during 2016 and that has several implications for the cost of travel.

5 years ago

FAQ on New Rules for European Hotel Rates: How Booking Sites Could Feel Pain

FAQ on New Rules for European Hotel Rates: How Booking Sites Could Feel Pain

Dennis Schaal, Skift

Over the long term, the new limited rate-parity rules in Europe could help hotels generate more bookings from their own direct channels, including over the phone. However, don't write off the online travel agencies just yet. They still hold a lot of the cards.

5 years ago

Why Travelers Don’t Care That U.S. Hotels Are More Expensive This Summer

Why Travelers Don’t Care That U.S. Hotels Are More Expensive This Summer

Dan Peliter, Skift

More time is spent in the hotel room than between two people on an airplane anyway, so it makes sense that travelers are willing to pay more for the hotel experience they want.

5 years ago

Cities in the U.S. Struggle to Improve Weekend Hotel Bookings

Cities in the U.S. Struggle to Improve Weekend Hotel Bookings

Dan Peltier, Skift

Most of the revenue per available room across these markets came from weekday nights, although smaller markets like Miami, Nashville and New Orleans got most of their revenue from weekends.

5 years ago

Punta Cana Beats London for Most Expensive Hotels for U.S. Travelers in 2014

Punta Cana Beats London for Most Expensive Hotels for U.S. Travelers in 2014

Dan Peltier, Skift

Some Latin American destinations had the highest room rates in the world last year, although the growth of rates slowed for the regional as a whole despite the presence of the World Cup in Brazil.

6 years ago

Travel Startup Smart Host Aims to Bring Flexible Pricing to Vacation Rentals

Travel Startup Smart Host Aims to Bring Flexible Pricing to Vacation Rentals

Dennis Schaal, Skift

Whether it is Smart Host, another startup or one of the established players, the short-term rental industry is ripe for disruption in so many areas and someone is going to deliver on the dynamic pricing premise.

6 years ago