pricing
The Newest Iteration of Rate Management
Being flexible with rate management allows hoteliers to think in creative ways that can make hotels more money. The newest iteration of revenue management; understanding the total value of the […]
Hotstats Hotels Performance: MENA, Europe, UK and US (October 2018)
MIDDLE EAST & AFRICA Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in the region […]
Increase ADR and Drive Revenue by Optimizing Room Type Differentials
One of the easiest ways for hotels to raise ADR and drive revenue without actually raising rates is by segmenting the property’s different rooms and accurately pricing them to encourage […]
Hotelier’s Guide to Creating Special Offers
Finding and booking the perfect hotel takes time. Beyond rate, hotel shoppers are looking at plenty of other factors, such as amenities, local activities, and nearby restaurants. NB: This is […]
VAT Survival Guide For Irish Hoteliers: 25 Ideas To Slash Cost Of Booking
Regrettably, the rumours have been confirmed. Long feared by tourism businesses all over Ireland, the government has recently declared that the sector’s VAT rate will increase from 9% to 13.5% […]
Why Rate Parity Is So Important For Your B&B Business
Rate parity is one of those hot topics in the accommodations industry, and it’s essential that you understand how rate parity can impact your B&B business. NB: This is an […]
The Big Creep: Limited-Service Hotels & Rising ADR
We’re all supposed to have a budget, no doubt. But it isn’t always easy. Living expenses aside, there’s Netflix and Spotify and Audible and Hulu and Strava and so on […]
7 Ways to Monitor Your Competition
It’s always good to keep an eye on your competition. When you discover where their weaknesses lie, you find gaps in the market where your business can succeed. NB: This […]
3 Steps to Navigating the Challenge of Hotel Rate Parity
As a distribution manager, does rate parity fall into your “very hard to deal with” basket? If it does, you’re not alone. NB: This is an article from OTA Insight […]
Being Flexible with your Rate Management: Cozy Up To The BAR
By focusing a revenue management strategy around Best Available Rate (BAR), hoteliers are successfully pushing the average rate charged per room by more accurately leveraging the all-powerful supply vs. demand […]