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Tag: Smith Travel Research

PWC: Group Bookings to Drive Highest Hotel Occupancy Levels in 20...

BIZCATALYST 360°
An updated lodging forecast released this week by PwC US anticipates stronger occupancy gains in 2014, setting the stage for 2015, during which PwC...

How to Forecast Average Daily Rate for Existing and Proposed Hotels

BIZCATALYST 360°
You must forecast, but don’t guess. To maximise asset performance, hoteliers need to monitor hotel metrics including average daily rates. But how do you...

Is The Official Hotel Rating System Sinking Into The Past?

BIZCATALYST 360°
The inspection and classification of lodging facilities emerged in the early 20th century and in the following decades, tourism authorities of many countries established...

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