In August 2023, South Africa witnessed a remarkable growth in hotel performance, marking a significant 7.58% increase in occupancy compared to the previous year. What’s even more encouraging is that this growth in occupancy was accompanied by a noteworthy rise in the average daily rate, with an increase of R180.57 from 2022. The average rate …
August 2023 – SA Review – how is South Africa doing? Read More »
In August 2023, we analysed a sample size of 7462 individual reservations and 18 802 room nights for new bookings made into South Africa. Despite a 12.54% decrease compared to the previous year due to international market displacement, South Africa remained the top contributor in terms of room nights booked. The top inbound markets for …
Staying ahead of the game is key in the ever-evolving landscape within the hospitality industry. FEDHASA Talks – OTAs & Payments, is described as an exclusive event that promises to shine a spotlight on how these elements within the digital landscape are shaping the industry’s future. Cassim Waja, the Senior Commercial Portfolio Manager will be …
FEDHASA Talks: Unlocking the Synergy Between OTAs and Unlocking Secure Payment Gateways Read More »
In the digital age, the utilization of real-time data generated from hotel social media and Google platforms is of utmost importance. By harnessing this data, hotels can implement retargeting digital marketing campaigns with the primary objective of increasing the rate of direct bookings from their websites. The Significance of Real-Time Data Real-time data refers to …
South African Accommodation Industry Shows Promising Growth in July 2023. July 2023 continued the growth trend when comparing to July 2022, based on the STR report South African Overview Report the combined accommodations occupancy for July was 60.3% which is a year-on-year increase of 7.45% when comparing to that of July 2022. This surge in …
July 2023 – SA Review – how is South Africa doing? Read More »
In the rapidly evolving hospitality industry, staying up-to-date with the latest trends is vital to ensure a steady flow of reservations. One prominent trend is the growing desire among guests for experiences that go beyond simply staying in a hotel room. This article explores the concept of “More than just a Room” and how hotels …
Embracing the Trend of “More Than Just a Room” in Hospitality Read More »
Sydney Australia – 8 August 2023 – TrevPAR World Group Holdings, a leading data analytics company specializing in data-driven total revenue management for the hospitality industry, is thrilled to announce its expansion into the Australasia market. With its proven track record and expertise, TrevPAR World Group will now provide its innovative services and solutions to …
TrevPAR World Group Announces Expansion into Australasia Market Read More »
This used to be a much simpler topic back when people spent more time speaking to one another. In the past it was easy to get to know what the customer wanted and influence how they bought. It was a time when traditional travel agents ruled the roost, since customers would walk into the travel …
Within the hotel industry the topic of discussion has always been how do we maximize our room revenue each month as this also heavily impacts the total revenue your hotel is able to generate. We are now nearly halfway through 2023 and the demand for hotels has settled back to what it was before 2020. …
Total Revenue Generation – Maximise Your Segmentation to Maximise Your Business Read More »
TrevPAR World Group has appointed reputable commercial hospitality specialist, David Jacobsz, as Commercial Development Manager effective 01 June 2023. Jacobsz, is a passionate hotelier who boasts over 20 years’ experience in the sector. With experience across notable global hotel and distribution brands such as Protea Hotels by Marriott, Expedia/Hotels.com and most recently the City Lodge …
Experienced Commercial Skill Added to TrevPAR World Team Read More »
