Orbitz Worldwide posts net loss of $18m in Q4...
Online travel company Orbitz Worldwide reported a net loss of $18 million for the fourth quarter 2009, compared with net income of $8 million for the same period last year. The net loss in the fourth quarter 2009 was largely...
Asia leads travel industry’s recovery: Abacus...
2010 is off to a good start for Asia’s travel industry as it leads in the global travel market’s recovery, thanks to a strong performance in the last quarter of 2009. Abacus International’s president and CEO, Robert Bailey, said, “The...
Going with GOPPAR? Not so fast, RevPAR is still the best metric for RM...
By Jean Francois Mourier, CEO & Founder of RevPAR Guru There has been a ripple of interest lately in a new metric for the hotel industry, GOPPAR. If it seems strange that an obscure ratio can spark an industry-wide debate,...
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