The Hotel and Travel Week #8

Monday, 7th November

Dubai still doesn’t seem to be out of the woods and there are more news that yet another state-owned Dubai company may be defaulting – the personal investment vehicle of the emirate’s ruler Dubai Holding. The company has been on a spending spree to realise ambitious projects in Dubai as well as create a private equity firm that bought stakes in Tussauds and the budget hotel chain Travelodge.
Tuesday, 8th November
The average cost of a hotel room in Moscow may fall below RUB 3,000 (EUR 67.65 USD 100.32), according to the company NAI Becarm. This will be the lowest rate within the last 6 years.
Wednesday, 9th November
Accor launches its iPhone application which enables customers to reserve a room in their approx. 3,000 hotel rooms of the following brands: Sofitel, Pullman, MGallery, Mercure, Novotel, Suitehotel, Adagio, Ibis, all seasons, Etap, Formule 1 and hotel F1. The application also includes personalisation and memorises current reservations as well as favourite hotels. It synchronises with iPhone contacts and is available in 5 languages: English, French, German, Spanish and Italian.
Thursday, 10th November
U.S. room rates drop over the holiday period, according to Travelocity. A week-by-week analysis shows that overall ADR has dropped from USD 181 to USD 150 per night. At the same time international hotel rates are rising as Christmas approaches.
Friday, 11th November
eBookers is trimming its 12 European country sites and makes them into 3 regional sites, including:
Region 1: UK, France and Ireland
Region 2: Switzerland, Germany and Austria
Region 3: Sweden, Finland, Denmark, Norway and Benelux
The company says the new regional structure will increase speed of execution and “catalyze innovation”.


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