pricing

A revenue management strategy should be at the core of a lucrative independent hotel business plan, allowing hoteliers to optimize availability and pricing

The price gap between a double and a family room should be quite high at times that the family room will be in demand because you are providing extra value

What is the current situation and challenges for hotels in Germany. We cover topics including the difference between city hotel and coastal destinations

Hotel owners whose priorities align with property-level management on value of investing in revenue management will thrive in boom years to come

Setting your price based on historical trends and knowledge of the market is like setting off on a journey using a map or old school GPS

As your forecast evolves predicting demand over a certain period, it is crucial to assess the new customer’s behaviour patterns which can impact occupancy

Revenue generated is the ultimate goal and in Restaurant Revenue Management we calculate a key performance indicator called REVPASH

As the economic fallout of 2020 lingers over the sector, our ongoing research consistently reveals that the majority of Hoteliers expect to decrease ADR

Versus the previous week, hotels occupancy was down 1.1.% for the week to 57.9%, and was weakest on Wednesday and Thursday but still strong over the weekend

All, are not created equal, and the losses in revenues, demand, and employment have been centered in large hotels, those with 300-plus rooms