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Search results for “Corporate Hotel Rate”
A year later, group commission cuts still sting
01/24/2019
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7:02:40 PM
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Some hotel chains and properties have maintained or even increased commission rates while major hotel groups reduce commissions on group bookings.
Hotel revenue management: solutions, best practices, revenue manager’s role
01/06/2019
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11:20:51 AM
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While revenue management is focused on the whole revenue of a business, including ancillary revenue and spending, yield management focuses on the price and the volume of sales.
Hotels: A flexible future?
10/30/2018
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3:42:11 PM
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A Hilton spokesperson said: “The new pricing structure will provide added flexibility for those who want it and cost-savings for those who do not require the flexibility to change their reservations.”
Expedia closing in on $100 billion as it aims to be world’s largest travel platform
12/10/2018
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8:39:00 AM
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Okerstrom called on hotel owners and operators to “learn from what’s happening in the alternative accommodation” space.
GreenTree total revenues grow 21.6% to $37.4 million in Q3
11/19/2018
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8:26:24 PM
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In Q3, ADR was RMB167, an increase of 4.4% year-over-year; occupancy rate was 87.2%, a decrease of 0.2% year-over-year; RevPAR was RMB146, representing a 4.3% year-over-year increase.
Will Lola’s new partnership with AmEx revive the struggling startup?
11/14/2018
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5:09:14 PM
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By partnering with the biggest company in corporate travel, Lola will find out whether its service is actually a fit for businesses around the world.
Hyatt to double China presence with 60 hotels and 22,000 more rooms
11/19/2018
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9:51:52 AM
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As the fast-growing commercial classes in China travel at an accelerated rate, Hyatt has successfully expanded the Hyatt Place and Hyatt House brands to serve more business and corporate travelers.
Ctrip's Q3 net revenue increases by 15% year-on-year
11/08/2018
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11:57:33 AM
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Ctrip's accommodation reservation revenue for the third quarter of 2018 increased 21% to $528 million, transportation ticketing revenue rose 6% to $527 million.
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