Our CEO, Derek Martin was invited on to SA Today on DSTV Channel 404 to discuss the COVID-19 Impact on the hospitality industry. Below his interview: The hospitality industry has been hard hit by the pandemic, with many hotels, lodges and guest houses closing as a result. Moreover, restaurants have less customers as people are […]
With the accommodation segment starting to open its doors, effective operational management is starting to show its muscle in conjunction with revenue management – or at least it should be! It’s a fact that the accommodation industry makes money differently to just about any other sector in the economy. The traditional trend in other industries
Effective Operational Management as key to survive post-Covid19 Read More »
A few weeks ago, I was invited by KR Publishing to share some insights on Revenue Management – Perfecting key elements to positively influence business growth and sustainability for a new book aimed at helping leaders manage their organisation during the Corona virus crisis. I’m very proud that due to the great teamwork and effort
TrevPAR World Total Revenue Management and IMS Africa Integrated Management Solutions, have completed a merger which now forms one of the largest commercial hospitality alliances in Africa. TrevPAR Wolrd Total Revenue Management is a data analytics company that focuses on the development of data driven strategies to maximize overall revenues as well as profits within
TrevPAR World and IMS Africa merge to form revenue & distribution power house in Africa Read More »
Sample Size Overview For the purpose of this study a sample size of 333 hotels based in Western Cape were used, the 333 hotels selected are based on the Western Cape Region category of STR. The study looks at the forward online pricing of each of the 333 hotels as of 1 June 2020 until
Western Cape – A look into the future right now Read More »
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
Gauteng – A look into the future right now Read More »
Nowhere in the world currently, is the rise of Revenue Management more evident than in Africa! From the multi-billion dollar hotel chains to the influx of thousands of independently run hotels, lodges, management companies, as well as asset management companies, whom are all redefining traditional Revenue Management within the international community. At the same time,
TrevPAR World Launches Real World Revenue Management – online Read More »
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 »
TrevPAR World, like many in the hospitality industry has been dealing with chaos since the first Presidential Speech that took place 2 weeks ago. Across the industry we have seen large numbers of cancellations in a very short period of time spanning over the next three months. What this means for hotels and other tourism
TrevPAR World launches Instant Experiences Read More »
