reservations

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

Smart revenue managers will be helping their hotel’s operation leaders focus on generating even more revenue from the transient segments

Do you know what hotel sales and reservation KPIs you should focus on to sell more rooms while providing excellent service?

Real-time reservations are one of the easiest ways to increase profitability through upselling and paying less commission to third party reservation sites

Adopting these techniques to convert existing demand and create demand from new sources, you’ll put your hotel in a position to outperform your competitors

The challenge with this approach to measuring demand is that these benchmarking services only measure converted demand for hotels

The team started to look for an effective way to elevate the online guests experience and engage with those visitors before abandoning the website

Search data from trivago will enhance Atomize’s demand modeling and generate more revenue by optimizing rates in response to real-time market demand

When properties purposefully book beyond their capacity to create a buffer for last-minute cancellations or no-shows, it is part of the overbooking strategy

Y1ou would be surprised how many hotels do not use their pick-up report properly and miss out on the financial opportunity a good strategy can represent