Read Latest News of UK hotels and UK hotel industry
HOTELMARKETING.COM
The need for a more holistic approach to revenue management Revenue management of hotel inventory has long been the practice for hoteliers worldwide, both large and small, chain and independent. However, for the most part, traditional hotel revenue management is focused purely on maximizing sleeping room revenue with no regard for any other revenue associated with the hotel guest.
Priceline opens up; Quikbook goes opaque For a short time, Priceline - one of the two major "opaque" booking sites - is posting current and recent successful bid prices for hotel accommodations. Going the other way, a formerly "transparent" site, Quikbook, has added "opaque" booking features
Carlson Hotels taps HotelsCombined.com Individuals shopping on HotelsCombined.com and choosing to make their hotel reservation with any Carlson Hotel will now find that the booking will be redirected to the respective brand site to complete their hotel reservation without any additional mark-ups or fees.
Revenue management and the vicious circle of guerrilla pricing Revenue management professionals have had to combat several critical issues over the last year or so. Be it for customer rate resistance, contract renegotiations, competition or price wars, the going hasn’t been easy.
Foursquare introduces new tools for businesses Foursquare, a location-based social network, plans to distribute a free analytics tool and dashboard in the coming weeks that will give business owners access to a range of information and statistics about visitors to their establishments.
Oh, we really hope Page Six is right with this one: the New York Post reports that Andre Balazs is in talks to create a TV show set behind the scenes at a hot hotel. While in Hollywood for the Oscars this past week, the celeb hotelier was apparently meeting with entertainment execs to discuss the concept for the scripted series.
Don’t expect a trashy reality show or sitcom, either—this being Andre, the show is expected to be a scripted drama, with a focus on the higher end of the business, and the wealthy guests known to frequent his hotels such as The Mercer, Chateau Marmont, and The Standard Hotels.
