Utell Hotels & Resorts' client achieves 68% income gains

Hotels defy the credit crunch with big revenue increases

Stat of the Week
Stat of the Week

Hotel representation company Utell Hotels & Resorts has reported strong year-on-year revenue increases for many of its top global properties, with some of its clients reporting income gains as high as 68%.
The representation service, Pegasus Solutions saw its promotions and campaigns directly boost bookings among its member hotels worldwide.
Utell president Ric Leutwyler said: "Hoteliers are braving a challenging economic environment that requires them to seize every revenue opportunity. For independent hotels that compete with the big brands, this requires developing a sound strategy. As a result, many of our top customers are seeing growth rates of 20% to 30%, or more in some cases."
One of these, The Golden Apple Hotel in Moscow, achieved a 68% increase in revenue.

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