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Does the rate determine the value?

Does the rate determine the value?

In these days of Corona crisis, there has been a lot of talk about rate strategy. Convinced that the world will not end tomorrow and that people will start traveling again after this nightmare ends, I’ll share my thoughts regarding room rates. The pricing topic always brings up conflicts and resistance within companies; rate drops […]

Disintermediation

Disintermediation

Disintermediation is a term used in the banking/trade world and not commonly heard in the every-day language. What does it mean? It literally means eliminating intermediaries, thus weakening the role of mediators and … who are the mediators in the hospitality sector? Obviously travel agencies, tour operators and real estate agencies that generate bookings for […]

Airbnb Fever…..

Airbnb Fever…..

Let’s go back in time 20 years; it’s the end of the 90s the New Economy’s funeral is organized and everyone is panicking with the dot.com bubble scandal. If we think about the impact of technology and the socio-economic dynamics of recent years, we quickly realise that there was no such funeral… Since the end […]