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Search results for “RevPAR”
Travelport Worldwide Limited reports fourth quarter and full year 2015 results
02/19/2016
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12:49:45 AM
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Travelport Worldwide Limited (NYSE: TVPT) announces its financial results for the fourth quarter and full year ended December 31, 2015. Its net revenue increased by 3% while adjusted EBITDA decreased by 1% and its revenue from Beyond Air grew by 21% in Q4.
GDS can equal ROI with the right opportunities
12/07/2015
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9:05:04 AM
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Sources say many hoteliers are overlooking opportunities by not marketing through GDSes and working with travel agents to secure highly lucrative bookings.
OTA revenue management advice can be tricky for hotels
12/28/2015
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2:42:04 PM
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Reading an online hotel industry news publication this month, I came across a statement that kind of threw me off. An industry veteran I greatly admire was suggesting hotels should consult with OTA for revenue management advice.
Game of hotel network expansion – who is winning?
11/12/2015
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4:10:54 PM
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Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
Homeinns Hotel Group reports 2,787 hotels in operation in Q3 2015
11/10/2015
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10:29:15 AM
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Homeinns operated 2,787 hotels across 346 cities in China, with a net addition of 37 hotels during the third quarter of 2015 as of September 30, 2015.
Making an up-sell click seamlessly, rather than blatantly selling it
11/24/2015
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6:18:01 PM
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Up-selling training to a property’s front desk team members, backed up by an astute data strategy, is key to incremental revenue and stepping up loyalty.
Homeinns returns to China stock market while Huazhu Hotels puts off privatization
12/17/2015
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6:53:10 PM
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CEO David Sun said that Homeinns is returning to the Chinese stock market because Chinese investors understand the hotel group better that US investors.
Louvre Hotels Group acquires Nordic Hotels AG portfolio
12/08/2015
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5:54:03 PM
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The agreement comprises the acquisition of 25 hotels in 11 German cities for a total capacity of 1,816 rooms. It also includes a management platform based in Kiel.
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