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‘Rare opportunity’ to snap up boutique hotel in Oxfordshire hits the market for £1.85m

Boutique Hotelier

The White Hart Hotel in Dorchester-on-Thames has come to market in what Colliers is calling a ‘rare opportunity’ to acquire an asset of this size. The Grade-II listed 24-bedroom hotel is for sale with a price tag of £1.85m and has been owned by Nigel and Sue Oddy since 2000. Raithwaite Sandsend goes up for sale for £12m.

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AAA: 55.4M Americans expected to travel for Thanksgiving

Hotel Business

over last year and marks the third-highest Thanksgiving forecast since AAA began tracking holiday travel in 2000. and has been coming down since, despite global tensions causing ripples through the oil market. The average price for an international hotel stay is $772, up 5% from last year. AAA projects 55.4 AAA expects 4.7

Pricing 102
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Revenue Management Evolution: From Intuition to Data Driven Decisions

Revenue Hub

There is a very famous statistic, often quoted by Revenue Managers that if you had to make a decision on a rate for just 5 room types, over 5 market segments and on 5 distribution channels for just one year, that would equate to over 45,000 decisions to be made every single day! That is just not possible for a human being to make.

Article 104
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Hotel financial statements: What are they and how to read them

SiteMinder

Marketing & pricing: Analysing financial statements can indicate whether your hotel’s marketing and pricing strategies are bringing in enough revenue, and whether you need to adjust your approach. This can be helpful for: Setting prices for your rooms or services (to maintain a healthy profit margin).

Pricing 72
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Controlling Utility Costs: U.S. Hotel Owners and Operators Have Tools Available to Meet This Rising Challenge

Lodging Magazine

hotel utility costs and in the Consumer Price Index (CPI), or inflation, have historically proven to be strongly correlated. percent since 2000, these inflation projections have hoteliers concerned about operating costs. Annual changes in U.S. As of August 2022, CBRE is forecasting CPI growth to be 7.7 percent in 2023.

Pricing 52
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5 Revenue Management Tips for Beach, City, Mountain, or Countryside Hotels

Revenue Hub

Your location, primary types of travelers, and the season of the year all play into profitable pricing strategies. Corporate rates Should you negotiate corporate rates at static rates or a dynamic pricing approach? Dynamic pricing is a significant part of revenue management yet, you don’t have to choose one or the other.

Pricing 93
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3 Hotel HyperCommerce Tactics for Faster Direct Booking

Revenue Hub

According to a study by the Max Planck Institute, Technical University of Berlin, Technical University of Denmark, and University College, the evolution of technology has shortened consumer attention spans by 33%, from 12 to 8 seconds since 2000.

Book 101