travel, hotel and booking Information

PKF Hotel Report Confirms Extent Of Profitability Drop

Hotel Booking Europe's hotel industry saw profitability drop in the financial year to 31 March, down 6.3% to 18,014 per available room, according to PKF's Country Trends 2003. But the continent's downbeat trend was not reflected elsewhere - the Middle East and South Asia began to see the losses of the previous year level off, whilst Africa was the only region in the survey to start the climb back to recovery.

The research study also demonstrates that travel agents are increasing their reliance on GDS systems for hotel information. Nearly 90% of travel agents say that they use their GDS and GDS shopping displays as much or more today than two years ago. Travel agents also report increased use of hotel property Web sites compared to two years ago. Travel agents are less likely now to use printed hotel directories, direct mail, fax, and the phone to gather information about hotels.

Travel Agency The report provides commentary and analysis on data from nearly 1,300 hotels in 55 countries in Europe, the Middle East, South Asia and Africa. Kuwait held on to its position as the city at the top of profitability table with IBFC (income before fixed charges) per available room of US$37,100, while Italy topped the rooms yield league with 164.82.

Selected Tokyo hotels as per the list below. If you are staying at one of the following hotels and wish for a hotel pick up, you MUST enter your hotel details (Name and address) in the 'Hotel Pick Up" box. If you do not indicate this at the time of booking, you will be required to call the supplier and advise them of this information directly. The supplier contact details will be on your voucher once you have a confirmed booking.

Cheap Hotel Europe was in the unusual position of posting the most disappointing results of any of the regions. Rooms yield fell for the second year running, down 5.1% at 75.91, due to a 2.1% dip in occupancy to 66.8% and a 3.1% decrease in average room rate to 113.65. Italy continued to shine with the highest average rate (264.57) in the survey. The UK reported the highest occupancy in the region and Turkey posted the lowest.

Find and book unique hotels around the world with Kuoni Travel, Britain's best luxury travel and tour operator.

Flight Booking Africa saw occupancy increase 3.9% to 61.6% and average room rate slip only fractionally to US$70.08, leaving rooms yield 3.8% up at US$43.14 (45.74). Although it was the best performing continent in terms of percentage upturn, the figures represent the process of recovery following the worst rooms yield results (down 18.4%) in last year's survey.

Superbreak’s Cornwall hotels have been located. Book a hotel room in Cornwall safely and securely online at Superbreak.com. Booking a short break hotel in Cornwall online is quick and easy, and your booking will be confirmed instantly. With lots to do in Cornwall, locating the ideal hotel for your Cornwall hotel break is essential. We list a number of establishments in and near Cornwall, making it simple to find and book accommodation for your hotel break.

Travel Agent South Asia had a mixed year. Occupancy rose 5.2% to 58.6%, but average rate dropped 7.4% to US$48.22. Rooms yield was down 2.7% at US$28.23 (29.93). Pakistan's rough year was a major contributor to the region's decreases, as the country's rooms yield dropped 8.6% to US$26.26.

Are you running an online travel site or travel agency and looking for a professional partner for online hotel bookings Then follow the example of more than 12, 000 of your colleagues and join our attractive affiliate programme and benefit from the growing segment of hotel reservations on the internet! As an online hotel reservation service, TravelRes has the speaking countries. Each day, more than one million customers make thousands of hotel bookings with our unique service covering over 210, 000 hotels throughout the world. based vicinity search.

Hotel Chicago The Middle East suffered a tough year as the prospect of war in Iraq affected trade. The focus on filling rooms was successful, with occupancy boosted 2.4% to 59.2%, but average rate suffered as a result, down 4.7% to US$94.28, so rooms yield fell 2.3% to US$55.85. UAE achieved the highest occupancy in the survey with 73.8%, indicative of a trend for Middle East travellers to stay within the region.

Melvin Gold, managing director of hotel consultancy services at PKF, said: "The hotel sector is clearly set for a recovery from the cyclical slump it has experienced in the last couple of years. Predicting exactly when and how quickly this recovery will take place is never easy. Certainly the results of Country Trends 2003 show a wide variety of experiences between the different regions. However, only eight out of 27 countries saw rooms yield increase.

Online Booking "Europe's disappointing results followed the area's continued battering post 9/11 as well as the build up to the conflict in Iraq. The fragile state of the domestic economy in some of the continent's countries has only compounded the problems. However, there are positive signs for the future with Portugal's European championships and Greece's Olympic Games, both next summer, set to bring a major tourist boost."

Travel Health Insurance  

[ Comment, Edit or Article Submission ]