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Search results for “Rate Drop”
World’s top hotel brands lose nearly $23 billion in brand value
06/24/2021
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2:27:05 PM
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Marriott has dropped down to 5th spot from 2nd, losing more than half of its brand value to USD 2.4 billion.
Ryanair announces a US$989 million loss and apparently things are getting better!
05/21/2021
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2:34:39 PM
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This should have been the week when Europe’s aviation markets reopened, and the holiday season started but it all feels pretty flat.
Improve hotel profitability and direct bookings by using data
06/16/2021
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12:31:11 PM
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One of the biggest challenges hoteliers face is that the distribution landscape is evolving constantly and with this, the relationship between hotels and OTAs.
Airline capacity stalls as we head into the summer season
05/28/2021
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7:22:17 PM
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80% of the world’s largest international markets remain at less than 10% of normal capacity.
‘We can’t go on like this’: A year on Bali without tourists
05/25/2021
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7:03:34 PM
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Travel accounts for more than 50% of the Indonesian island’s economy.
Demand may exceed supply as CEO of one of the world’s biggest hotel groups sees ‘surge’ in bookings
04/25/2021
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6:16:32 PM
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Travel and tourism will begin to bounce back by second half of 2021, and one of the world’s largest hotel groups warns about capacity constraints across the industry.
Mixed prospects for summer 2021 as Europe works to overcome vaccine hurdles
05/10/2021
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6:18:40 PM
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European destinations continued to see major declines in tourist arrivals in Q1 2021, with 1 in 2 plummeting over 90% based on the latest available data.
Break the unwritten rules of upselling
04/08/2021
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6:47:48 PM
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It’s clear we’ll never return to the old version of ‘normal.’ Post-crisis hoteliers need to be very asset-specific and adopt a sales-oriented attitude. Those who follow the old rules of upselling will be at a competitive disadvantage.
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