pricing

How to Properly Record Hotel Packages & Revenue Recognition

A hotel packages is a combination of a room and at least one other component, like a bed and breakfast package

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Unveiling the Future: Hotel and Travel Trends in 2024

As we step into 2024, several key trends are set to redefine the hotel landscape. Let’s explore top trends that will shape the industry in the coming year

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person sitting near an old piece of technology reflecting how hotel revenue management has evolved and needs the rms to evolve too

Traditional Revenue Management is Outdated, Reinvent Approach

The demise of traditional revenue management is a reality we can’t ignore. To thrive in today’s competitive industry, you must adapt or face consequences

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Mastering Revenue, Motivation, and Profit in your Hotel

In a dynamic environment, the key to surviving and thriving requires a focus on three areas: Revenue Enhancement, Team Motivation, and Profit Maximization

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Why the All Inclusive Model Works in Price Sensitive Times

The concept of free-flowing food and alcohol might seem risky or profit-averse; however, there are key features of the all inclusive model which allow resorts to report impressive margins

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8 Pricing Strategies for Hotels During the Holiday Season

Unlock the potential of the holiday season and elevate your hotel revenue using these smart pricing strategies tailored to meet the needs of your guests

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Using Business on the Books in Complete Benchmarking Approach

Hotel owners and operators are best positioned for success when they measure their business from every angle. That is why no benchmarking experience can be considered comprehensive without frequent insight […]

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Elevating Hotel Performance: The Impact of Dynamic Pricing on KPIs

With the integration of big data and advanced analytics, hotels can refine their dynamic pricing strategies to achieve even greater KPI improvements

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The Shift from Room-Centric to Guest-Centric Revenue Management

The shift to guest-centric revenue management presents challenges for revenue managers who have long operated within traditional methodology frameworks

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5 Holiday Offers You Can Create to Drive More Hotel Business

By offering creative and tailored experiences like staycations, quiet destination packages, group travel deals, and holiday events, your hotel can thrive

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