pricing

Consumer costs for everything, including hotel rooms, are up. The list is long, but consumers are still, it appears, willing to put it aside to travel

Analytics is the bread and butter of revenue management. Provided in real time and conveniently visualized, it’s key to succeeding at the following tasks

Looking across Europe, room rates are soaring. But, the rise in prices isn’t purely inflationary pressures, there is extraordinarily high demand levels too

Occupancy increased 0.5 percentage points week on week, which was a third straight weekly increase, and was up 2.6 percentage points versus a year ago

Mobile Rates are specially discounted rates that are offered to guests browsing for hotel room reservations through a mobile app or a mobile browser

When revenue managers find the right mix of KPIs, they can determine clear ways to increase hotel revenue for their properties

If you follow the steps highlighted, you should be able to organize a successful revenue management meeting that will help increase sales for your hotel

A method of budgeting where all expenses must be justified for each new period starting from a zero base, is required given the fluidity of global economies

Hotel segmentation may seem like a lot to process, but it is not something that you have to get right on the very first try

Opting for country rates can help get more bookings internationally, where guests are likely to spend higher than domestic travelers and tend to cancel less