News in hotels:

“RM should be tasked with profit optimisation, not profit management”

Published: 10 Mar 2010 (0 comments)

IN-DEPTH: Steve Pinchuk on the usage of metrics for yielding and accounting. Revenue management professionals quite often get into the RevPAR vs GOPPAR debate.

Online channel is the only growth channel in hospitality

Published: 08 Mar 2010 (0 comments)

By Max Starkov. The latest eTRAK Full Year 2009 report on hotel bookings by channel yet again confirms that today, the online channel is the only growth channel in hospitality. In the difficult economic environment, when travel supply outweighed travel demand by far, Internet bookings for the top 30 hotel brands increased by a remarkable 6.6% in 2009 vs. 2008 (eTRAK).

IDeaS appoints Fabian Specht as MD for EAME

Published: 05 Mar 2010 (0 comments)

IDeaS Revenue Optimization has appointed Fabian Specht as regional managing director, EAME.

Cloud computing to change the economics of hospitality IT

Published: 03 Mar 2010 (0 comments)

by Gregg Hopkins, president and CEO, Libra OnDemand. For years, companies such as eBay and Google have used cloud computing to bring easy-to-use services to consumers. Salesforce.com has been a pioneer in bringing cloud-based applications to users as well.

Hotel prices at level last seen in 2003: report

Published: 02 Mar 2010 (0 comments)

The average price of a hotel room was 14 percent lower in 2009 than in 2008, according to the Hotels.com Hotel Price Index (HPI).

Asia leads travel industry’s recovery: Abacus

Published: 24 Feb 2010 (0 comments)

2010 is off to a good start for Asia’s travel industry as it leads in the global travel market’s recovery, thanks to a strong performance in the last quarter of 2009.

Going with GOPPAR? Not so fast, RevPAR is still the best metric for RM

Published: 24 Feb 2010 (0 comments)

By Jean Francois Mourier, CEO & Founder of RevPAR Guru. There has been a ripple of interest lately in a new metric for the hotel industry, GOPPAR.

Wyndham acquires Hoseasons for $60m

Published: 23 Feb 2010 (0 comments)

Wyndham Worldwide’s Exchange & Rentals business unit has agreed to acquire Hoseasons Holdings from HgCapital and a number of individual parties.

“Social media is eating into the efficacy of email marketing”

Published: 22 Feb 2010 (0 comments)

IN-DEPTH: Use of Twitter in the travel industry. There are several ways in which the social networking application Twitter is being currently used by companies from the travel sector.

VisitBritain ties up with FindsYou.com

Published: 22 Feb 2010 (0 comments)

Britain’s national tourism agency VisitBritain has partnered with FindsYou.com, the UK-based online ‘find engine’.

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Upcoming Conferences & Reports

Social Media Strategies for Travel 2010

March 24-25, San Francisco

Now in its 3rd successful year this is the only event to be focused 100% on the profitable application of social media in the travel industry. Find out how to drive maximum return on your social media initiatives - we guarantee no stone will be left unturned!

European Online Travel Report 3rd Edition

2009-2010

This comprehensive report will help you understand the incredibly complex European online travel market and allow you to pinpoint specific growth opportunities for your travel company.

Sales Management in Travel and Hospitality

17-18 June 2010

As the travel consumer continues to demand more, sales teams need to perform to higher expectations than ever. This two day industry conference will provide all the necessary ingredients to learn how to thrive by using the latest technology, communications, strategies and motivational techniques, along with advice on hiring, training and working with other sectors within the company to improve sales.

Travel Distribution Summit Asia 2010

April 28 - 29th, 2010

Asia's trusted meeting place for all travel distribution, marketing/sales and revenue professionals.

Travel Distribution Summit Europe 2010

17-18 June 2010

Taking the 4 cornerstones of travel commerce and placing them under one roof. Over the last 12 years, this event has consistently addressed the key issues facing the people who market, distribute, price and sell travel. It's also the best place to meet the partners and make the deals that will ensure your company becomes, or remains, an industry success story.

Online Marketing Strategies for Travel 2010

1st Week June, Miami

A must-attend event for all travel marketers. Hear real life case studies from top travel brands who have used powerful, innovative marketing strategies to boost travel sales – even when times are tough.

Online Marketing & Social Media Strategies for Travel Summit 2010

5-6 October, Andels Hotel, Prague

Formerly known as the Sales & Marketing in Travel Summit, this well established event examines key strategies to engage customers in the new media landscape. Join top travel brands who’ll share insightful case studies, best practices and ideas!

Travel Distribution Summit North America

13-14 October, 2010 - Chicago

Now in it’s 12th successful year, this is THE travel industry event where the North American online travel industry meets to network, share fresh industry knowledge and learn profitable new strategies.

Travel Distribution In-house Research and Training

Available Now

Access video footage from the world’s biggest meeting of online travel and travel distribution execs. Includes more than 50 conference talks, slides and panel debates. Topics covered include online travel strategies, revenue management and ancillary revenue.