Revenue Hub

JANUARY 17, 2024

Surging ADR: Noteworthy Escalation in Average Daily Room Rates Average daily rate per room values, known as ADR, experienced a greater global growth in the last 3 years than in the last two decades prior to COVID-19 pandemic, resulting in the highest hotel prices since records began (Figure 1). Evolution of hotel room price from 2002 to 2023.

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Pricing Travel and Tourism Article Presentation 109

Modern Restaurant Management

JULY 1, 2020

The importance of the price of offering lowered from 78 percent to 50 percent. Prioritizing price amidst COVID-19 fell by almost half among those ages 60+, from 78 percent considering it a top-three factor prior to the outbreak to 41 percent now. consumers—falling 2.5 percent to an ACSI score of 79.

Travel and Tourism 180

Travel and Tourism Communication Training Sanitation 180

Smart Brief Hospitality

MARCH 24, 2020

Due to the rapid spread of the coronavirus, the travel business is doing what it can to adjust to the situation. With restrictions on travel, self-quarantine mandates, the travel industry is responding to one of the greatest threats their industry has ever faced. We’re a supportive community, we’re a resilient community.

Travel and Tourism 52

Travel and Tourism Article Pricing Events 52

Smart Brief Hospitality

MARCH 24, 2020

Due to the rapid spread of the coronavirus, the travel business is doing what it can to adjust to the situation. With restrictions on travel, self-quarantine mandates, the travel industry is responding to one of the greatest threats their industry has ever faced. How airlines, hotels are expanding business travel programs.

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Travel and Tourism Article Pricing Events 52