Our Blogs
UNT Big Data Challenge
July 21, 2015
Blog
As leaders of the company that connects the world’s hotels to the world’s leading distribution networks, we at DHISCO have a wealth of data about travel trends, right at our fingertips.
Although much of the information is proprietary, there are many ways it can be sliced and diced confidentiality. And we are always looking for new ways to look at that information to give our partners a competitive edge.
To advance that goal – and to have a little fun – this week we announ...
Read More 3 likesHow to improve your hotel's online reputation using a 100 year old mathematics principle
July 16, 2015
Blog
According to a PhocusWright study from December 2013, 77% of travellers 'usually or always reference reviews before choosing a hotel.' The same study also reveals that 53% of travellers wont 'commit to booking until they read reviews', and 80% of travellers 'read at least 6-12 reviews before booking a hotel'.
In fact, according to a recent study, reviews have now become more important than ratings from traditional sources like Forbes and AAA. According to MMGY Global’s '20...
Read More 4 likesTotal Pricing
July 13, 2015
Blog
When it comes to booking travel, we all want to shop with an understanding of the bottom line: “what will this cost me?” Travelers need to know the whole price in order to book a stay, and they want to understand the reasons for additional costs that make up the total charge.
As a DHISCO client, it’s easy for you to provide clarity for your travelers and share the complete bottom line. Total Pricing, an important feature of the product DHISCO Shop, provides a breakdown of ...
Read More 2 likesUpdate from HEDNA Barcelona: Forecast is sunny
June 12, 2015
Blog
A number of us from the DHISCO team had the pleasure of attending HEDNA’s Barcelona conference this week. The event is driven by executive attendees from leading hoteliers, OTAs, GDSs, travel search engines, consulting companies and industry research firms.
The mood was great; and why not? Jan Freitag, senior vice president of Smith Travel Research, reported there were more rooms sold in April in the U.S. than ever before! The hotel industry also posted the highest occupan...
Read More 2 likesRevPar Growth in Europe: The top three cities
June 4, 2015
Blog
It's a resurgent time in Europe for tourism. According to UNWTO, Europe attracted 22 million more international tourists in 2014 over the past year. PwC's 'Room for Growth' report 2015, published excellent statistics on Occupancy, ADR and RevPAR in 20 key European cities based on STR Global data and forward projections .
The cities included in this report are Dublin, Madrid, London, Rome, Prague, Porto, Amsterdam, Edinburgh, Barcelona, Vienna, Lisbon, Frankfurt, Milan, Br...
Read More 2 likesThe news for the hotel industry just keeps getting better
May 19, 2015
Blog
PKF Hospitality Research is predicting our sector is on track to set a new record by posting the longest double-digit growth streak since it started tracking the industry in 1937.
According to PKF-HR’s recently released 2015 edition of its annual hotel industry trends report, U.S. hotels posted a 12.3 percent increase in net operating income last year, marking the fourth consecutive year of profit growth over 10 percent.
And PKF-HR is projecting that double-digit growth...
Read More 2 likesThree important elements your Revenue Management system is missing
April 29, 2015
Blog, Hotel Industry
You are happy with your revenue management systems.
You have a great rate shopping software.
You have an equally excellent tool to distribute your inventory
You are satisfied with your ADR and occupancy.
So what's wrong? Isn't everything perfect already?
Not even close.
The question isn't "Is my RevPAR good enough"
Rather it is, "How can I make my RevPAR better?"
That's the question that you need to ask - every single day.
Why?
Because even though ...
Read More 3 likes5 ways to Maximize Hotel Revenues in the Era of Mobile Bookings
April 21, 2015
Blog, Hotel Industry
How much are mobile devices like smartphones and tablets influencing your hotel's revenues?
Plenty. Here's why...
A growing number of people are using mobile devices to book hotel rooms and the percentages will keep rising.
In the first half of 2014, for the travel segment as a whole, bookings via mobile devices grew by 20% increase in , while the growth in bookings from desktop sites was only 2%. During this period, 21% of all hotel bookings were made through mobile d...
Read More 4 likesWill airbnb disrupt the hotel business or just play on the sidelines?
April 14, 2015
Blog
It’s the question that’s increasingly on hoteliers’ minds: are sites like Airbnb a competitive threat or simply niche players that will continue to play on the sidelines? From the recent headlines about Airbnb moving into Cuba to reports about business travelers increasingly turning to alternative accommodations, it certainly seems that it’s a question we should all be examining.
A new report from Boston University (view report) indicates the industry should be taking Airb...
Read More 4 likes