Mandarin Oriental Hotel Group launches iPhone application

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hotelsmag.com
15/10/2010
 

Mandarin Oriental Hotel Group has launched MO Hotels, a travel application available for download on the iTunes App Store.

Designed for iPhone and iPod Touch and compatible with iPad, the complimentary app offers travelers the ability to make or modify real-time reservations, review detailed hotel information, explore destination guides and more.

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Best practices in Revenue Management, part 3

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ehotelier.com
19/10/2010

This article is the third and final in a series addressing best practices in the area of hotel revenue management.

For the past while, we have been discussing integral areas of revenue management and aspects of revenue management systems that give hotels the best possible competitive edge.  In previous columns, these have ranged from general attitudes and approaches to revenue management to more specific, actionable components of the practice like strategic pricing and rate discipline.  Most of the best practices we have already identified are applicable to both traditional revenue management structures- wherein a revenue manager and their staff perform tasks manually- and to those that rely on comprehensive revenue management systems.  The best practices we examine today, focus more tightly on the RMS side, as this is where we believe the industry as a whole is trending, and the style of revenue management that we believe gives hotels and hoteliers the best opportunity to consistently grow both RevPAR and bottom line profits.

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Best practices in Revenue Management, part 2

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ehotelier.com
18/8/2010
By Jean Francois Mourier, CEO, REVPAR GURU

 This article is the second in a series addressing best practices in the area of hotel revenue management.

Two weeks ago in this space, we discussed two prominent operational areas of hotel management, strategic pricing and the general conception and underlying attitudes of successful revenue management.  When considering revenue management, though, more than these two aspects come to mind.  In fact, the most visible aspect of revenue management in today's operating environment is the use of the most up-to-date information available, one of the topics of today's article.  Another is rate discipline, which is subject to wide interpretation and can sometimes be at odds with other revenue management aims, like occupancy maximization. The third aspect of revenue management covered in this article is the important process of predicting future prices, and generating rates that align with those predictions.

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Best practices in Revenue Management, part 1

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ehotelier.com
By Jean Francois Mourier, CEO, REVPAR GURU

This article is the first in a series addressing best practices in the area of hotel revenue management.

Revenue or yield management in hotels is a practice that has evolved significantly in its relatively short history.  Adopted by hotels in the late 1980s, after the airline industry demonstrated great success using inventory, capacity and pricing to ‘manage' revenue, revenue management has become one of the most integral and identifiable aspects of hotel operating strategy. Yet perhaps understandably, today's brand of hotel revenue management differs significantly from that of two decades ago.  Changes in the general approach to revenue management, pricing strategy, channel management, inventory allocation and the use of information as pertains to revenue management have redefined the field.

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Marriott International and AC Hotels sign agreement to form hotel joint venture and new co-brand 'AC by Marriott'

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hotelnewsresource.com
7/10/2010

The Spanish hotel group AC Hotels, chaired by Antonio Catalan, and Marriott International, Inc. (NYSE: MAR),  chaired by J.W. Marriott, Jr., have reached a preliminary agreement to form a joint venture that will manage and franchise a new lodging co-brand across Europe and Latin America  – “AC by Marriott." 

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