TrevPAR World Archives - Page 8 of 10 -

TrevPAR World Partners With Northside Consulting Company Limited

Macau S.A.R. – Northside Consulting Company Limited (NCCL), one of Asia-Pacific’s leading hospitality consulting firms, announces the strategic partnership with TrevPAR World and founder Derek Martin. TrevPAR World’s main focus will be on providing pre-opening assistance in Sub-Saharan Africa. At the same time, assisting the team to lead hospitality companies to improved new hotel opening […]

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December – Its A Wrap

Monthly Reviews / TrevPAR World

The month of December as well as the year of 2016 has come to an end and what a month it has been for all of us in the industry, please take a second to enjoy the summary of all the different articles that we posted during the month of December – see you all

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The Revenue Journey Part #10 – Still Not Convinced?

The Revenue Journey / TrevPAR World

The definition of Revenue Management can be described as – selling the right room, to the right client, at the right moment for the right price on the right channel with the best commission efficiency – a confusing and complex concept to grasp especially when looking at what it takes to implement a successful revenue

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STR – Preliminary November 2016 Data

Monthly STR Overviews, STR Information / TrevPAR World

STR: Preliminary November 2016 data for Abu Dhabi STR’s preliminary November 2016 performance data for Abu Dhabi shows that the market’s hotels reported a 3.1% occupancy decrease to 81%, an 11.1% ADR decrease to 660.14 Emirati dirham ($179.73) and a 13.8% RevPAR decline to 534.97 Emirati dirham ($145.65). Full Article Here STR: Asia/Pacific hotel performance

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The Revenue Journey Part #9 – Revenue Management Systems

The Revenue Journey / TrevPAR World

As the Revenue Journey continues the focus of the past articles now shifts to streamlining all the different elements by means of technology. Imagine having a tool that helps you set the right price for the right segment for the right channel for the right time with a simple click of a button. The main

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Talent Review – Jerry V. Estrera – Cluster Director Of Revenue – Singapore

Talent Review / TrevPAR World

What social media channels are you on and why have you selected them? I am currently active in Facebook and Instagram to easily connect with family and friends. For work related matters, I am connected to LinkedIn. Join Jerry on LinkedIn Here Describe Revenue Management in one word; Dynamic In terms of Industry, what do

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The Revenue Journey Part #8 – Complete Revenue Management

The Revenue Journey / TrevPAR World

The Revenue Journey #8 – Complete Revenue Management In the last article of the Revenue Journey I spoke about pricing and pricing strategies. I mentioned that setting your pricing is one part of complete revenue management. The second part, even more critical, is managing inventory. The revenue increases that can be achieved with getting your

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Debunking OTA Myths – A Chat With Expedia

Interviews / TrevPAR World

Many discussions involving the acquisition of rooms always results in a negative connotation targeted at the Online Travel Agents, they are to expensive, they take to many of our rooms, the rate is to low – at TrevPAR World we feel that the correct partnership between the hotels and the OTA’s can create a win

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The Revenue Journey Part #7 – Pricing

The Revenue Journey / TrevPAR World

Revenue Management – Pricing Strategies After preparing the forecast it now needs to be put to use. The forecast is the basis for two of the most critical aspects of revenue management: determining the pricing strategy as well as the inventory management strategies. In this article I will discuss pricing strategies and next week I

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