Today, hotels.com®, the leading provider of lodging worldwide, released its biannual Hotel Price Index™ (HPI®), revealing a 3 percent global price increase and a gradual recovery despite major natural catastrophes and world events affecting travel during the first half of the year. Room rates are still lower than their peak in mid-2007, indicating to travelers that good deals and value are within reach for consumers.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52047-hotels-com-price-index-three-percent-global-increase-gradual-recovery
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Today, hotels.com®, the leading provider of lodging worldwide, released its Hotel Price Index (HPI™), noting a theme of recovery in the travel industry as global hotel rates rose 2% in 2010. Despite the increase year-over-year, travel deals and value can still be found in America’s most popular cities as well as the new global up-and-coming destinations.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/hotels/49229/
Bang & Olufsen, the global provider of luxury, integrated audio-video solutions and services, will announce a new brand, B&O PLAY, at the 2012 Consumer Electronics Show in Las Vegas, Nevada. B&O PLAY will offer portable audio-video products that combine convenient ease-of-use with high-quality, contemporary design for the digital generation, at a more accessible price point.
B&O PLAY is about stand-alone products with clear and simple operation, rather than integrated home installations. B&O PLAY will feature portable products that are intuitive to use, delightful to integrate into ones daily life, and deliver excellent high-quality experiences.
To view Multimedia News Release, go to http://www.multivu.com/mnr/54055-bang-olufsen-unveils-new-brand-b-o-play-portable-audio-visual
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This spring, the Collection of Chic Outlet Shopping® Villages launches ‘The Art of the Detail’ campaign to entice savvy shoppers to discover a lavish selection of must-have accessories, with savings of up to 60% on the recommended retail price. From leading international designers to niche European collections, between 60 and 140 luxury outlet boutiques in each Village offer price reductions that will make visitors double take; a single visit can turn a wardrobe around.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53741-valueretail
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Price cutting is rarely your best option when trying to compete in a cut throat ecommerce market. From our Ecommerce Practices series - learn pricing strategies that really work!
http://www.youtube.com/watch?v=nms_FxOA5BE[EXTRACT]
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For the first time in five years, travellers paid more on average for their hotel rooms during the first six months of 2012 in all parts of the world, according to the latest Hotels.com® Hotel Price Index TM (HPI®). The global 4% rise, compared to the same period the year before, demonstrated that the economic recovery in the hotel industry was well-established.
The Index stood at 108 for this period meaning that, despite the latest increase, hotel prices in general were still considerably lower than in the first half of 2007 when the HPI was at its peak of 119.
To view Multimedia News Release, go to http://www.multivu.com/mnr/56589-global-hotel-prices-rise-in-all-regions
