How to Configure your Hotel Rooms and Room Types
Inventory, the number of rooms available to distribute or sell across channels, is the most important aspect of your hotel business. NB: This is an article from Hotelminder With an…
Managing RevPAR For Profits
Among the four categories where hotels achieved increases in both occupancy and ADR, the GOP increase was greatest when occupancy contributed to more than 60 percent of the RevPAR growth
Hotelbeds Cuts Ties to Booking Sites That Break Distribution Rules
Hotelbeds ramped up its support of hoteliers over their concerns about managing online rate parity and the so-called leakage of non-contracted rooms.
Hotel Dynamic Pricing: Is It Different for SMEs, & Is It Worth It?
Depending on how much a company wants to control its T&E the optimal value from a dynamic pricing program comes when the traveler pays attention to events at his or her destination.
9 Ways to Increase Profitability in Revenue Management
As hotel owners begin crafting their shiny new 2020 budgets, they’re tasking their revenue managers with finding ways to drive higher profitability in the coming year.
A Look at Hotel, Short-Term Rental Compression Nights
Compression nights across the U.S. peaked in 2015 and have been declining ever since. Supply and demand are major factors affecting compression, but it’s affecting hotels more than short-term rentals
Shame On You, Unruly OTAs!
There was a time when transparency and trust were the pillar of a successful partnership. OTAs were, in the last decade, valuable partners for hotels and responsible for a more efficient distribution.
Casinos: Boost Revenue with a Flexible Reinvestment Strategy
Until recently, marketers and casino revenue managers have largely looked past nuanced reinvestment calculations, because the only goal was filling the hotel and, ultimately, the casino.
Meeting Costs Set to Climb in America but Fall in EMEA and AsiaPac
Daily attendee meeting costs are set to climb in 2020 in North and Latin America but fall in EMEA and Asia/Pacific. One reason EMEA costs will likely fall is a shift in bookings to secondary cities.
A Hotel Inventory Management Guide for Property Managers
Inventory management is an umbrella concept that involves understanding, overseeing and controlling your hotel’s room inventory. Here are some strategy basics: