Changing patterns in hotel room demand – case study of the Aquaticum Debrecen Thermal and Wellness Hotel

dc.creatorHevessy, G.
dc.date2010-12-31
dc.date.accessioned2021-06-28T11:17:07Z
dc.date.available2021-06-28T11:17:07Z
dc.descriptionAquaticum Debrecen Thermal and Wellness Hotel is a very successful lodging property not only in Debrecen but also in the Northern Great Plain Region and in the Eastern part of Hungary and in point of fact in Hungary. In the past yearsAquaticum Thermal and Wellness Hotel has been the leader in the region by revenue per available rooms (RevPAR). RevPAR indicates the overall performance of properties, accordingly it is the most commonly used statistical indicator in comparison to competitors in Hotel industry. In the past years, demand for Hotel rooms has changed. This changing has several signs. For instance the occupancy rate, the rate of domestic and foreign guests, the nationality of foreign guests, the time between booking and travelling, andm many other demand patterns have changed. During the last year, the changing has been accelerated by the global economic crisis. Guests are waiting with their bookings hoping for better rates and last minute offers. The forecast of demand became much harder than ever before. These forecasts are basic ingredients of the revenue management systems, which systems are in use or will be in use by Hungarian Hotels. These systems are necessary to keep RevPAR at a higher level and to help Hotels to achieve better performance.
dc.formatapplication/pdf
dc.identifierhttps://ojs.lib.unideb.hu/apstract/article/view/7663
dc.identifier10.19041/APSTRACT/2010/5-6/7
dc.identifier.urihttp://hdl.handle.net/2437/317978
dc.languageeng
dc.publisherUniversity of Debrecen, Faculty of Economics and Business
dc.relationhttps://ojs.lib.unideb.hu/apstract/article/view/7663/7019
dc.rightsCopyright (c) 2010 University of Debrecen, Faculty of Economics and Business, Hungary
dc.sourceApplied Studies in Agribusiness and Commerce; Vol. 4 No. 5-6 (2010); 51-55
dc.source1789-7874
dc.source1789-221X
dc.subjectdemand
dc.subjectHotel
dc.subjectmarket
dc.subjectAquaticum
dc.subjectrevenue management
dc.titleChanging patterns in hotel room demand – case study of the Aquaticum Debrecen Thermal and Wellness Hotel
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typePeer-reviewed Article
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