Expert Insights

Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability

In the hospitality industry, the Buy Now Pay Later payment method is a game-changer. It’s reshaping the way guests experience hospitality

There are a lot of strategies that can be used to increase hotel revenue – but it’s important to be focused and committed to the plans you make

Many hotel companies spend far too much time aggregating data and not enough time creating digital marketing action plans from the analysis

By avoiding the dark side of revenue management and embracing ethical practices, you can build a reputation for trustworthiness and integrity

Sustainability and revenue management are not mutually exclusive; rather, they bolster each other, where ethical management fortifies financial performance

RevPAM is one of those metrics that are growing in prominence, changing the way hoteliers look at the revenue potential of their property

Wrong decisions are made when hotels consider “share of direct channel out of the total revenue” as the only KPI to understand how the channel is doing

Those CompSets themselves are being driven by irrelevant factors like employee emotions and outdated RM systems that are not fit for purpose

By adopting these tactics, your hotel can stand out, win over event attendees, and boost direct bookings. Don’t miss the chance to turn local events into direct booking victories!