Why Pricing Does Not Equal Revenue Management for Hotels

When Dynamic Pricing was first introduced to revenue management the idea of managing transient pricing for hotels on a day to day basis was considered quite new – even radical. Even as recently as a few years ago, many hotels continued to sell at predefined rate levels, and did not manage rates dynamically. Today, however, […]

Aitken Spence reports pre-tax profit of USD 5.4 million for 2015 Q1

Sri Lankan conglomerate Aitken Spence PLC’s financial results released to the Colombo Stock Exchange reported a pre-tax profit of Rs 732mn for the first quarter.

Lux Island Resorts’ profits boosted by higher arrivals in Mauritius and Maldives

Mauritius-based Lux Island Resorts has reported pre-tax profits of US$5.19 million for the second half of 2014,..