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121. Pan Pacific Hotels and Resorts appoints Alka Kapoor as Corporate Director of Revenue Management
Pan Pacific Hotels and Resorts appoints Alka Kapoor as Corporate Director of Revenue Management.
122. Vietjet Reports H1 2021 Results
Vietjet Aviation has published its financial statements for Q2 and H1 2021. In Q2 2021, Vietjets air transport revenue was VND2,973 billion (approximately US$129.7 million), a growth of 51% year-on-year thanks mainly to high travel demand in April. Vietjets consolidated revenue for the quarter totaled VND4,337 billion (US189 million). Published by on 4 August 2
123. South African Airways to Use Amadeus Passenger Revenue Accounting
South Africas national carrier, South African Airways (SAA), has signed an agreement with Amadeus that will see the airline and its franchisees migrate to Amadeus Passenger Revenue Accounting. SAA, which flies nine million passengers annually and has an international network that connects South Africa to every major continent in the world, will adopt the latest addition to Amadeus
124. Renaissance Dubai Staff win Sales & Marketing Awards
Renaissance Dubai Staff win Sales & Marketing Awards. The Renaissance Dubai Hotel's Director of Sales and Marketing, Vladimir Dabbah, was recently named sales and marketing leader of the year for the Renaissance brand at the annual sales and marketing conference held in Cairo while Simone Grisseman, the hotel's revenue manager was bestowed with the revenue leader of the year award
125. Hotels in Taiwan to Benefit from IDeaS / WiTak Partnership
IDeaS Revenue Solutions, a provider of pricing and revenue management software, services and consulting, has partnered WiTak Technology to deliver pricing solutions to the Taiwan-based hotel industry. WiTak provides a range of light power system and services to hoteliers across Taiwan. The addition of IDeaSsolutions to WiTaks suite of services is expected to further enhance their
126. U.S. Hotel Industry Profit Margin Surpasses 2007 Peak
Results of STRs 25th annual HOST Almanac indicate that U.S. hotel industry revenue topped an estimated US$189 billion in 2015, adding nearly US$14 billion in revenue from 2014. Total industry-wide house profit reached almost US$73 billion, a year-on-year increase of 9.4% on a per available room basis. On an absolute nominal basis, the house profit represents an all time high, and
127. Dusit Reports Q2 2021 Results
Dusit, one of Thailands leading hotel and property development companies, has reported total revenue of THB 587 million for 2Q 2021, a year-on-year increase of THB 163 million (38.4%), and net loss of THB 376 million, a 17% improvement on the previous year. First-half revenue for 2021 was THB 1,898 million, up 15.3% year-on-year. Published by on 10 August 2021.
128. Asia Pacific Airlines Report US$8.8 Billion in Combined Net Earnings for 2017
Underpinned by the firm increases in both air passenger and cargo markets, Asia Pacific airlines achieved a 6.7% growth in combined operating revenue to US$176.6 billion in 2017. Passenger revenue increased by 6.0% to US$135.6 billion. Intense competition led to a marginal 1.0% decline in passenger yields to 7.9 US cents per RPK, although the decline was less severe compared to pre

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