Booking.com Opens Genius Rates To Partnered Priceline OTAs – Learn How To Switch This Off Here

Being very active in revenue management and distribution for the last 3 years we at TrevPAR World have never been more challenged with the different games that the OTA channels are playing, now this… Booking.com has recently communicated that their […]

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Are OTA’s slowly becoming more powerful than hotel groups?

The controversy is definitely in the air of the global hotel industry. Traditionally the Big 5 (Marriot & Starwood, Hilton, IHG, Accor and Wydham) have been unrivaled by pure virtue of their size and brand reputation. However are they becoming […]

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Industry Terms – The Letter W/X/Y/Z

World Regions – Follows the United Nations World Tourism Guidelines. There are four world regions which are divided into 15 sub-continents as follows: Americas (North America, South America, Central America, Caribbean); Asia Pacific (Central & South Asia, Northeastern Asia, Southeastern Asia, […]

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Industry Terms – The Letter T

Term Asset-Backed Securities Loan Facility – A program created by the U.S. Federal Reserve in November 2008 to boost consumer spending to help jump-start the economy. This is accomplished through the issuance of asset-backed securities. The collateral for these securities consists […]

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Industry Terms – The Letter S

Sample – The number of hotels and rooms from which data is received. Securitization – The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors. The […]

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Industry Terms – The Letter Q/R

Rate Parity – A situation in which a travel supplier, such as a hotel, maintains the same price across all its various distribution channels. REIT – Real Estate Investment Trust – an special type of corporate entity that invests in real estate […]

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Industry Terms – The Letter N/O/P

Net Operating Income (NOI) – A company’s operating income after operating expenses are deducted but before income taxes and interest are deducted. If this is a positive value, it’s referred to as net operating income, while a negative value is called […]

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Industry Terms – The Letter M

Manchised – hotel properties that are managed and franchised by the same company. Mark to Market – 1. A measure of the fair value of accounts that can change over time, such as assets and liabilities. Mark to market aims to provide […]

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Industry Terms – The Letter J/K/L

Joint Venture – The cooperation of two or more individuals or businesses—each agreeing to share profit, loss and control—in a specific enterprise. This is a way for companies to partner without having to merge. JVs typically are taxed as a partnership. […]

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