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Hospitality Industry Management Update: “Airbnb Grows to a Million Rooms, and...
In Austin, Tex., each 10 percent increase in Airbnb listings resulted in a 0.35 percent decrease in monthly hotel room revenue, according to a study by Boston University. Less expensive hotels and...
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Hospitality Industry Management Update: “How to Combat Last-Minute...
“If it’s one call from a regular guest who has to cancel at the last minute because of extenuating circumstances, that’s not a problem,” Rauch said. “Our goal is to protect and grow our revenue. But at...
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