Tag: rates
Booking.com Adds Long-Term Stay Rates
Search trends from Booking.com reveal that various types of travelers are increasingly looking to stay in a single place for longer. To respond to...
Miami Hotel Rates to Top Super Bowl Weekend Record
BROOMFIELD, Colo.—Hotel average daily rate (ADR) in the Miami/Hialeah market is projected to reach a record level during Super Bowl weekend in 2020, according...
Data and AI Are Simplifying Hotel Revenue Management
Like many hospitality job functions, hotel revenue management is extremely demanding. Travelers are searching and booking around the clock. Market changes can come suddenly...
Global Hotel Rates Are Expected to Increase Up to 3 Percent Next Year
ATLANTA—Global hotel rates are expected to increase 1 to 3 percent in 2019 in most markets around the world, according to the 2019 Industry...
Circumstances That Could Lead To Accusations of Price Gouging
Earlier this year, when wildfires in California began to spread and grow to out-of-control proportions, thousands were forced to evacuate. Some stayed with family...