What social media channels are you on and why have you selected them? Facebook and Linkedin provide me with sufficient social media exposure and cover for both a personal and professional on-line presence. As long as this media channels used separately it allows me to stay connected with friends and colleagues while maintaining a good […]
Talent Review – Nikita Beresnev – Director Of Revenue Australia Read More »
Revenue Management – Starting with the Foundations – People The first and most critical part of any Revenue Journey is to make sure you have a good organizational foundation with the right team members. The members of the team will have to put revenue management in place and execute all the different components during the
The Revenue Journey Part #3 – Fundamentals Read More »
At the end of each month we will do a review of all the different articles that we posted on TrevPAR World. If you missed any of the published articles for the month of October have a look below and make sure to catch up on any of the articles you may of missed, simply
It’s a Wrap – October Review Read More »
STR: Asia/Pacific hotel data for Q3, September 2016 In the third quarter of 2016, the Asia/Pacific region reported a 1.9% occupancy increase to 71.3%, while ADR dipped 1.9% to $97.34 and RevPAR was nearly flat (-0.1% to $69.44) when compared with year-over-year figures. The region also reported mixed results for September 2016. See Full Article
STR: Hotel performance for Q3 2016 Summary Read More »
After having taken the plunge into revenue management – see The Revenue Journey Part #1 – Taking the Plunge – you will need to start navigating the revenue management journey. Only very few people are gifted or talented in a certain area and most of us will need to learn and practice to become good at something. The
The Revenue Journey Part #2 – Navigating the Journey Read More »
Bankruptcy A legal proceeding involving a person or business that’s unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor or on behalf of creditors. All of the debtor’s assets are measured and evaluated, whereupon the assets are used to repay a portion of outstanding debt. Upon the completion
Industry Terms – The Letter B Read More »
The vast amount of Hotel Brands that we have in the world today is massive, that got me thinking, what is feeding the growth of this massive industry, the answer was clear – International Hospitality Schools. As social media is discussed on a daily basis and often with it ending it is the future of
International Hotel Schools – Ranking By Facebook Page Likes Read More »
AAA The highest rating given to bonds by bond-rating agencies. AAA bonds are thought to have almost no default risk. ADR – Average Daily Rate A measure of the average rate paid for rooms sold, calculated by dividing room revenue by rooms sold. Average Daily Rate = room revenue / rooms sold ADR rate index
Industry Terms – The Letter A Read More »
As hoteliers we all believe that working anywhere in the world is possible, the beauty of working in hotels is that the footprint and the vast amount of products and brands out there basically makes the world our oyster. When browsing through the news the other day I came across the new Australian Skilled Occupation
Working In Australia – New Skills List for Hoteliers Read More »
We all know that revenue management has been around for a while. When we book our airline tickets, prices change based on the flight, demand, class of booking, routing and other factors. Then, about 25 years ago, hotels started to come on board and apply the basic principles of revenue management. It was generally understood
The Revenue Journey Part #1 – Taking the Plunge Read More »
