Our Blogs
The 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 likes3 Questions RateGain will Answer for you at WTM Latin America
March 23, 2015
Blog, Hotel Industry
It's a really exciting time for the hospitality industry in Latin America.
With the number of international arrivals growing consistently, the region is currently has a large number of new rooms in the pipeline. According to the February 2015 STR Global Construction Pipeline Report, there are 451 hotels constituting a total of 71,876 rooms Under Contract in the Central/South America region. That's a 17.8% increase over last February.
Leading this boom is Rio de Janeiro,...
Read More 4 likes5 Key Highlights of Super Successful RateGain’s Hotel Revenue Summit 2015 Jakarta
March 19, 2015
Blog, Channel Management, Hotel Industry, Online Reputation, Pricing Optimisation, Rate Shopping, Revenue Management
We Came Together. We Got Inspired. We Talked Hotel Revenue.
Our Hotel Revenue Summits fuel the passion that drives the most awesome, forward-thinking and successful hoteliers of our time. And, our Hotel Revenue Summit held on 17th March continued our relentless march in motivating, enlightening and moving modern hoteliers like you.
Inspiring keynotes, bold revenue talks, educational breakouts and happy networking.
RateGain Hotel Revenue Summit, Jakarta 2015
Here are t...
Read More 3 likesReviews and Ratings: A simple way to use them to support your transient pricing strategy
March 10, 2015
Blog, Hotel Industry
Competitor pricing and demand & supply...
Is that all there is to calculating the right transient price? Or, is there something more important?
When a customer chooses a hotel, the most important element that comes into the decision is 'value'. When I use the word value, I am not referring to five star service, champagne on arrival or any other luxuries.
While price answers the question, "What do I pay?", value answers the question, "What do I get for what I pay?...
Read More 3 likesITB Berlin: 5 Steps to Making Your Visit a Success
February 25, 2015
Blog, Hotel Industry
ITB Berlin, one of the world’s leading travel trade shows, is just a few days away.
The event hosts 10,000 exhibitors from 180 nations. It is visited by over 20,000 people and has a turnover of EUR6 billion.
ITB Berlin is an exciting opportunity for revenue managers, general managers and hotel owners to stay in touch with the latest trends in the travel space and network. However, the sheer scale of the event can sometimes make it challenging to spend time in the most p...
Read More 3 likesAccor Hotels Partners with RateGain for its Rate Shopping Solution Integration
February 23, 2015
Blog, Hotel Industry
RateGain, the global leader in hotel online distribution, rate shopping and channel management solutions, has today announced their partnership with Accor Hotels, and a global partnership agreement has been signed. With this new partnership, Accor Germany has rolled out RateGain’s rate shopping tool – PriceGain – to all its managed/owned hotels, and the franchise hotels can benefit also from this global partnership agreement. PriceGain tool will support these hotels on a dail...
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