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Survey Shows Online Hotel Savings Have Fallen

Survey Shows Online Hotel Savings Have Fallen

Laptop Battery The savings to be made from booking a hotel online have fallen dramatically according to a survey by KPMG.

British tourists are able to take advantage of falling hotel prices in the last part of last year, money hotel deals in Europe, a survey by Hotels.com found.

Thinkpad The findings, released today show that corporate customers have seen the average online saving fall from 12.50 in 2001 to just 3.75 in 2002 as hotels bring in greater price consistency across different booking channels.

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Microsoft In total 45% of hotels surveyed for the Hotels and the Internet 2002 report had a consistent pricing policy across their websites, central reservation systems and direct booking channels compared to just 18% a year ago.

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Laptop Computers Nick Pattie, director of hospitality at KPMG team said: The wow factor of booking online is diminishing. The industry must analyse if managing online bookings brings any cost savings and whether it can capitalise any revenue generation opportunities; or if managing numerous booking channels, be it online or offline, is eroding potential e-savings for both the industry and consumers alike."

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Laptop Computer He added: As the internet matures, hotels will have to continue to find innovative ways of appealing to the traveller online. One hotel chain [Six Continents Hotels], for example, is offering to give a 10% reduction on the price of its internet room rate if a cheaper rate can be found elsewhere on the internet. Other hotel chains may jump on the band wagon and replicate these offers to vie for business.

House prices continue to fall nationwide, reports an RICS (Royal Institution of Chartered Surveyors) survey of the UK housing market, published today (Tuesday 16 November). The survey shows 41% more chartered surveyors are reporting price falls than rises, 12% more than September and the highest number reporting a fall since December 1992. off in activity, with the number of sales down 25% over the past year, their lowest level in nine years, and new enquires fell for the sixth consecutive month. The pace of decline has slowed though, reflecting a cautious optimism that interest rates have peaked.

Desktop Computer KPMG surveyed eleven major international hotel brands from the viewpoint of an independent corporate traveller. The results were compiled by examining the price differences when booking mid-week either via the hotel website, calling the hotel direct or via its central reservations system.

Notebooks Six Continents Hotels has introduced a Lowest Rate Internet Guarantee which guarantees that room rates on the company`s websites will be the lowest for its hotels anywhere on the web. If a lower price is found for the same room elsewhere on the Internet, the company promises to match it and take a further 10% off.

Lenovo Damian Hinds, vice president commercial, Six Continents Hotels said: "This is about giving our guests confidence that they can come to us direct, cutting out the need to shop around - to ensure booking via the Internet is faster as well as cheaper.

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