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Russians hunger for travel

Russia is one of the largest outbound markets in the world. Last year, nearly 40 million Russians traveled overseas, making them the world's second-fastest growing group of tourists. In 2012, Russian tourists spent $43 billion abroad, placing them as the fifth...

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South Americans change travel patterns

Between 2009 and 2013, South American outbound travel grew by 50% in terms of the number of trips, twice as much as the overall global increase. Despite subsequent economic problems in the two largest economies in South America, Brazil, and Argentina, 43 percent of...

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How to cater the world’s travel champs?

Germans are the champions of world travel and hotels should work to win their patronage. The German market is very attractive: Germany has the largest population among EU countries with Germans spending more on foreign travel than any other nation, which is almost 70...

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Auf Wiedersehen Rate Parity!

The Bundeskartellamt, Germany's Federal Competition Authorities issued on December 23, a decision that requires Booking.com to remove all rate parity clauses from its contracts with accommodation partners in Germany, by the end of January 2016. Following the decision,...

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Is Central Europe a new hit in tourism?

It seems that Central European countries are becoming a more and more approachable region for tourism. What is the region’s potential for the hotel industry? How it differs from Western Europe? How can you attract tourists from other regions to your hotel if you...

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4 Truths about Millennial ‪‎Travellers

Much has been said about ‪Millennial‬ ‪tourists‬ and how they are currently shaping the ‪hotel‬ ‪industry‬. Generation Y - whose members are also referred to as “Millennials” - covers those who were born between 1977 and 1995, and, as the fastest-growing segment of...

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Is it time to reassess your market segments?

Segmentation has always been a very important part of a hotel’s revenue management strategy. This was true even before hoteliers called it “revenue management”. In other words, segmentation has been around for quite some time and has always played and important role...

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Strategic pricing I

This lesson will help you to understand the impact of pricing on the bottom line and comprehend the importance of strategic pricing and why it is a priority over tactical pricing. Once the revenue strategy is secure, it is vitally important to accurately price the...

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YieldPlanet x CanadaStays Integration

YieldPlanet and Canada Stays is two-way integration which not only allows you to download reservations, but also deliver rates and allotments, and stay restrictions, such as minimum stay or CTA.We are thrilled to announce that YieldPlanet has integrated...

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YieldPlanet integrates with Leavetown

The OTA offering personalized travel experiences and Yieldplanet now have a special offer. Get a discount.Leavetown is a boutique vacation OTA offering accommodations and activities in experiential destinations. In addition to traditional travel agency...

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Are Millennials turning to Travel Agents?

Millennials are one of the most sought-after markets in today’s travel industry. It is no surprise that there is hot competition to suss out and subsequently follow their travel habits and consumer behaviour. But, as strange as it may seem, according to...

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