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Airbnb and Revenue Management: Hotels Still Maintain Upper Hand

University of Houston | February 26, 2018

by Jeanine Panzica We all know Airbnb is great for travelers, and within that statement are countless illustrations and some one-ups over hotels. Who doesn't love personal amenities left by actual home/apartment owners, even if it is a cat? Ultimately, Airbnb can insert a traveler into their destination in ways a hotel cannot and all for a relatively agreeable price. But when asked if the hotel industry is under threat of Airbnb, the answer is no. A plus for travelers, the bulk of the cost of an Airbnb stay is set by the host, they oversee nightly price, cleaning fees, and have discrepancy over extra guest and other fees. This limits th...

New Hilton Dining Concept, Herb N’ Kitchen Restaurant, Makes Global Debut at New York Hilton Midtown

Hilton Hotels & Resorts | September 25, 2013

MCLEAN, Va. & NEW YORK - September 25, 2013 - Hilton Hotels & Resorts the flagship brand of Hilton Worldwide, today announced the launch of Herb N' Kitchen, its new dining concept that infuses fresh, local gourmet food into an upscale restaurant and convenient culinary market. Now open inside New York Hilton Midtown, the largest hotel in Manhattan, the first Herb N' Kitchen offers locals and travelers healthy fare for breakfast, lunch and dinner; and the choice of restaurant dining at their leisure, meals packaged to take away or in-room delivery for hotel guests. With a shift in the way today's travelers dine, the quick service...

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