Sample Size Overview For the purpose of this study a sample size of 112 hotels based in Gauteng were used, the 112 hotels selected are based on the Gauteng Region category of STR. The study looks at the forward online pricing of each of the 112 hotels as of 1 June 2020 until 30 April …
As we enter the month of May it appears that it will be another month of closures for the majority of hotels, guest houses, bed & breakfasts as well as other tourism driven businesses, after some great feedback on our previous article Some Realizations – from the desk of a revenue specialist we have been receiving feedback …
What can I do now in preparation for the “new normal” Read More »
I have been working in the hospitality industry for 17 years now and I have been directly involved in sales, marketing and revenue/commercial management for the last 10 of these years and never have I or will I see something like COVID-19 again, this global pandemic has brought the world to its knees and more …
Some Realizations – from the desk of a revenue specialist Read More »
STR: Asia/Pacific hotel performance for Q1 2017 In the first quarter of 2017, hotels in the Asia/Pacific region reported mostly year-over-year performance increases. Occupancy increased 3.3% to 68.3%, ADR was nearly flat (-0.3% to $104) and RevPAR jumped 3% to $71.04. Full Article Here STR: Central/South America hotel data for Q1 2017 The Central/South America …
When looking at any hotel, regardless of size or market we always seem to focus on three main benchmarks – occupancy, average daily rate and RevPAR, with RevPAR being dubbed as king, but why? We are always hearing questions such as is my RevPAR where it should be, are we tracking it correctly and how …
TrevPAR vs RevPAR – both matter but which is best? Read More »
What social media channels are you on and why have you selected them? LinkedIn, Twitter, Instagram as well as Facebook. Purpose is to keep track of friends & family and promote Stenden South Africa and the Stenden MyPond Hotel – which is our real world learning hotel. Connect with Dr. Hensens on LinkedIn Here. As a non-revenue …
Interview – Dr. Wouter Hensens – Executive Dean Stenden South Africa Read More »
STR: Asia/Pacific hotel performance for February 2017 During February 2017, Asia/Pacific hotels reported an 8% occupancy increase to 68.7%, a 5% ADR decrease to $102.95 and a 2.6% RevPAR increase to $70.67. Full Article Here STR: Preliminary February data for Abu Dhabi hotels Preliminary February performance data for Abu Dhabi shows occupancy was nearly flat …
STR: Preliminary January data for Abu Dhabi hotels Preliminary January 2017 data for Abu Dhabi shows the market experienced a 1.4% occupancy decline to 74.2%, a 10% ADR decrease to 465.80 Emirati dirham ($126.82) and an 11.2% drop in RevPAR to 345.68 Emirati dirham ($94.12). Full Article Here STR: Asia/Pacific hotel performance for January 2017 …
What social media channels are you on and why have you selected them? Facebook is my most active social media channel, I use it socially to stay in touch with family and friends on regular basis, it is also a great platform to stay connected with my industry updates and public pages that I follow. …
Talent Review – Raguvararaj Muthualagu – Revenue Manager – Kuala Lumpur Read More »
Rate Parity – A situation in which a travel supplier, such as a hotel, maintains the same price across all its various distribution channels. REIT – Real Estate Investment Trust – an special type of corporate entity that invests in real estate (on the debt or equity side); this type of company has special tax benefits (i.e. …
