Search results for “hotels”
Revenue management to revenue strategy: the changing role of RM in hotels
The right combination of big data and smart technology with a role transition from revenue management to revenue strategist will lead to a successful hotel RM approach.
China ranks as second-most liquid hotel investment market
Global hotel investments hit US$4.5 billion in the first six months of 2019, with more than half of the capital originating from domestic buyers in Japan, China and Australia, says real estate consultancy JLL.
China's largest airport hotel opens in the new Beijing Daxing International Airport
The 215-key establishment, which opened its doors on September 25, spans two floors and is more than 9,000 square meters in size.
Hong Kong hotels witness all-time low occupancy at 63.9%
Hong Kong reported a massive decline in hotel demand at 28.8% with average occupancy for August dropping 29.8% to 63.9%; competition increased as hotel supply rose 1.5%.
RevPAG – The new indicator of hotel revenue performance
RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
Hotel Engine raises $16 million after 4 years of bootstrapped growth
Despite being bootstrapped since its founding in 2015, Hotel Engine has experienced 300% growth year-over-year and is now valued at over $150 million.
Fornova lands $7M in funding, plots rollout of business intelligence tech for hotels
Leading investor A/O and Fornova have formed a design partnership which will see Fornova’s Hotels BI platform put into A/O’s portfolio of 150 hotels.
Booking Holdings-backed Yanolja acquires Indian hotel tech firm eZee
Yanolja will pick up 21,000-plus global clients from eZee, which helps hotels and other customers manage room bookings and loyalty programs online.
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