STR, hotel giants accused of data-driven pice-fixing - A proposed consumer class action accuses STR and a group of luxury hotel operators of conspiring to keep room rental prices artificially high.
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Topics › Revenue Management
How competitive sets lead hoteliers to informed business decisions - Hoteliers are best positioned to grow their business when they gain detailed insight into the competition.
Feb 12, 2024 • Hospitality
10 ways to boost hotel income in 2024 - Given the challenging conditions hotels are facing in 2024, it's crucial to carefully select the most effective strategies to drive revenue and support your business.
Feb 9, 2024 • Hospitality
Hoteliers: Learning from cruise and gaming customer behavior - Both travel sectors aim to recognize and incentivize its most devoted spenders while optimizing overall revenue.
Jan 29, 2024 • Hospitality
Hotel brands debate the best avenues to growth - Hotel brand companies need to refocus their efforts on experience instead of prioritizing unit growth, according to experts.
Jan 29, 2024 • Hospitality
Technology enables new approach to revenue management in 2024 - Hotel revenue managers are going to have more tools at their disposal this year, as they navigate the changes in the hotel industry and prepare for an influx of business and group guests.
Jan 25, 2024 • Hospitality
Hoteliers anticipate greater pricing power in 2024 - Rate growth showed some signs of moderating at the end of 2023, but STR's latest forecast for 2024 still has rates growing by 3%.
Jan 18, 2024 • Hospitality
How AI is changing hotel revenue management - Big data has been great for revenue management, but it also increased the need to find relevant data in these new data sources.
Jan 17, 2024 • Hospitality
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