Articles tagged “travel management”

Hotels

Summer Travel’s Hidden Hurdle: The Impacts of Cancellations and No-Shows

Cancellations and no-shows for hotel reservations tend to be higher in summertime, which can significantly impact revenue for hotels and travel management companies (TMCs). Slicing and dicing data more granularly leads to better forecasting and may reduce potential revenue losses.
Sponsored
Hotels

Rising Hotel Rates Don’t Always Mean Rising Commissions

The second installment of “The Data Snap” article series examines an unusual market trend: Hotel rates are on the rise while agency commissions are stabilizing. This shift is driving travel companies to reevaluate which measurements they’re using to forecast revenues.
Sponsored