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Search results for “value index”
RevPAG – The new indicator of hotel revenue performance
09/24/2019
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11:03:11 AM
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RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
PolyU study finds state-owned hotel groups in China underperform
06/01/2019
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12:25:30 PM
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Although state-owned firms have become more profitable, they still underperform non-state-owned firms by about 10%.
The five trends that matter in big data for travel in 2019
01/24/2019
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11:54:19 AM
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The ownership of data is moving from the corporations and private enterprises to the individual consumers and citizens.
As AmEx scoops up Resy, a look at its history of acquisitions
05/20/2019
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2:24:07 PM
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In five of the last eleven years AmEx bought zero known companies, but it has picked up three companies according to Crunchbase data this year.
Hotels find new ways to incorporate wellness
02/18/2019
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11:28:12 AM
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The Global Wellness Institute calculated the global spend on wellness tourism at $639.4 billion in 2017. The sector grew 6.5% per year from 2015 to 2017, more than twice the growth rate for general tourism.
Ahead of its IPO,-what even is Airbnb anymore?
04/02/2019
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9:23:14 AM
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To fully professionalize—to operate no differently than another hospitality giant like Marriott—would effectively wipe out many of the mom-and-pop listings that built what it calls an “unrivaled brand.”
Big data and the need for a data strategy
02/01/2019
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4:52:58 PM
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Amazon’s recommendation engine is estimated to generate more than 1/3 of its purchases by using AI to identify, rank, and serve up recommendations. But what would happen if Amazon decided to start selling hotel rooms using this knowledge?
American consumers spent more on Airbnb than on Hilton last year
03/26/2019
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8:56:23 PM
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Twelve percent of major hotel customers also booked with Airbnb last year, up from 1 percent in 2013.
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