Travelport tweaks hotel rates

September 26, 2017 by  
Filed under Hospitality, News, Singapore, Technology

SINGAPORE, 26 September 2017: Travelport a leading travel commerce platform announced, Monday, it has negotiated rates at 1000 hotels, worldwide, for its corporate travel agency customers.

Located in 48 countries, participating hotels in the Travelport Exclusive Rates programme will offer negotiated rates with at least one added value element exclusive to the Travelport Travel Commerce Platform.

These offers are negotiated directly by Travelport, providing agencies that may not be able to secure special rates themselves, the benefit of Travelport’s scale and negotiating leverage. Read more

Singapore’s hotel rates down

September 14, 2017 by  
Filed under Hospitality, News, Singapore

LONDON, 14 September 2017; Singapore’s hotels continued to enjoy occupancy growth in August, but at lower rates, STR’s preliminary August data revealed.

Based on daily data for August, Singapore reported year-over-year comparisons that showed room supply had increased by 1.5% and consumer demand grew 3.2%

Singapore hotels enjoyed an average occupancy growth of 1.7% to reach 85.9% across total room capacity. Read more

Asia Pacific hotels achieve gains

August 25, 2017 by  
Filed under Hospitality, News

LONDON, 25 August 2017: Hotels in the Asia Pacific region reported positive results in three key performance metrics during July 2017, according to data from STR.

Asia Pacific hotels reported increases in occupancy of 3.8% to achieve an average of 74.4% across the region.

Average daily rate (ADR) improved 1.9% to USD97.67, while revenue per available room (RevPAR) improved 5.7% to USD72.66 Read more

Best Western gains best rate insights

August 15, 2017 by  
Filed under Hospitality, News

LONDON, 15 August 2017: Best Western Hotels & Resorts has selected OTA Insight to provide revenue maximisation tools for the global hotel group’s business.

OTA Insight’s innovative rate intelligence platform will help drive Best Western’s revenue strategy by supplying real-time dashboard and benchmarking tools to increase profitability.

The solution will enable Best Western to monitor locally targeted online travel agency promotions and help ensure the best rate is always available on Best Western’s direct hotel website. Read more

STR releases latest hotel data

April 28, 2017 by  
Filed under Hospitality, News

LONDON, 28 April 2017: Hotels in Asia-Pacific saw average occupancy improve 3.3% to 68.3% during the first quarter of the year, according to data from STR.

STR said the hotel industry in the Asia Pacific region reported mostly positive results across three key performance metrics during the first quarter of 2017.

The data measures average occupancy; average daily rate and revenue per available room. Read more

Soft January for Singapore hotels

February 14, 2017 by  
Filed under Hospitality, News, Singapore

LONDON, 14 February 2017: Singapore hotels continue to suffer low occupancy levels caused by a strong supply growth in accommodation options, according to STR’s preliminary January  data.

Room supply grew by 3.9% in January, this year, continuing a trend that was evident in the last quarter of 2016.

In contrast demand for rooms increased by a marginal 0.6%. Read more

Hotel group adopts STAAH

January 20, 2015 by  
Filed under Hospitality, News

HONG KONG, 20 January 2015: Swiss-Belhotel International has engaged channel management and booking engine solution, STAAH, to run its e-commerce and ensure rate parity.

Swiss-Belhotel International chairman and president, Gavin Faull, said STAAH’s platform would allow the group to manage rates and inventories across swiss-belhotel.com and online travel agents to ensure universal rate parity.

“After a long review of our existing channel manager capabilities, pricing and feature set, we decided to move swiss-belhotel.com to a new provider,” Mr Faull said. Read more