Industry News

Euro Hostels Liverpool gets boutique makeover

EuroHostel Liverpool was opened with great fanfare as Hoax Liverpool in 2013, has recently undergone a massive refurbishment by it’s new operating parent company Euro Hostels. Located in the Wade Smith building, this former clothing store in Liverpool’s infamous Cavern Quarter, Euro Hostels has taken the opportunity to take the hostel and turn it into… 

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Benefiting from luxury spending of Chinese millennials

The following article appeared originally in the “The Nation”, a Thai based news organisation. Penned by the CEO of the Bangkok Bank, Suwatchai Songwanich, the article outlines how Thai business directly can easily benefit from targeting Chinese millennials as they travel across Asia and into Thailand. The Chinese age group 18-29 are reportedly the biggest… 

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3 OTA's take 92% of EU Online Hotel Bookings - Survey Says

A recent European survey has revealed some incredible data in the hotel accommodation sector. HOTREC, the umbrella association of national trade associations representing hotels, restaurants and cafes across Europe, has released some eye-opening figures from a study involving 2000 hoteliers. The summary of the report suggests: 1 out of every 4 overnight bookings were made via an… 

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Why GM's care about Revenue Management

There is a definite science to the business of revenue management. The science is in the raw data of actual availability, actual pace of bookings, and daily pickups, cost of the sale and the cost of selling that extra room. Balancing the best level of occupancy vs the cost of selling the last few rooms. Does a… 

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OTA's not slowing down global growth

Our friends over at Duetto Research have penned this great article about how despite the best paid plans of the world’s hotels and hotel groups, the trend of OTA bookings is non stop. The article highlights a few key and clear points, all back up by industry research, information and opinion: Online digital travel sales… 

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Interview with Hostelworld CEO, Feargal Mooney

The team from Skift recently interviewed Feargal Mooney from Hostelworld. Feargal joined Hostelworld back in 2002 as COO – and since the company has floated in the London and Dublin stock exchange has been integral in changing and adapting the company’s strategic direction as CEO. GuestCentrix has offered a  direct interface to Hostelworld for several… 

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Poshtels vs Hostels vs Budget Hotels...

Many in the hostel industry are not in favour of the label, but the word “Poshtel” is beginning to stick. The team here at GuestCentrix are fielding more and more calls from properties wanting a hostel software solution for their upmarket hostel, or “Poshtel”. This article penned from USA Today perfectly outlines where traditional hostels… 

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How hostels are remaking the low-cost market place

“Hostel” – the word somehow conjures up cheap and low end accommodation. In the Australia / New Zealand region, and across to Europe the word “Hostel” invokes memories of pre or post undergrad travels – a right of passage amongst the youth travel market before they settle down and become part of the corporate world.… 

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Silkari Hotel Brand launched by Visionary Investment Group

It’s not often a luxury hotel brand is launched by a new player to the hotel market, but that is exactly what Visionary Investment Group are doing with the launch of their Silkari Suites brand. VIG have announced the opening of their first suite hotel in the northern suburbs of Sydney, Chatswood – a growing… 

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This is how hotels make their OTA addiction worse

There are a number of blogs and news articles posted on our website about direct bookings vs OTA bookings – and how hotels should be managing the challenge of guest acquisition vs cost of acquisition. This article posted on Accom News lists four great points of action an hotel, hostel or apartment operator can adopt… 

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