revenue
Reconsider Space and Revenue as Group Demand and Events Return
With operating costs getting more onerous, finding use for every square foot of a hotel can help add revenue, but it can bring challenges
Beyond BAR: The Power of Open Pricing
Open Pricing gives you the freedom to price strategically rather than reactively. It ensures every room is sold at its most profitable price
Why RevPAR Doesn’t Tell the Whole Story
RevPAR is just one piece of the puzzle. It’s a snapshot of room revenue performance, it doesn’t account for other revenue streams or expense management
7 Key Things Hotel Sales Should Do With Every Inbound Lead
As demand improves for most hotels, the volume of incoming sales leads for groups, events, and functions continues to increase
Automating Revenue Management: How Much Is Too Much?
There’s a fine line between optimizing your revenue management with technology and handing over too much control to an algorithm
Future of Hotel Booking Policies: Flexibility vs Revenue Security
While flexible booking policies are a win for travelers, they can create risks. The future is about flexibility while maintaining revenue security
6 Ways to Increase Revenue with a Hospitality CRM
If there is something that people working in marketing in hospitality are talking about is the power of a CRM system created especially for hotels. NB: This is an article […]
How to Drive Hotel Profits with Revenue Management
Revenue management isn’t a one-trick pony fixated on low rates. It’s a framework that guides the hotel’s business foundation and grows profitability
Tapping into Hyper Personalization to Grow Revenue and Loyalty
Hyper-personalization is poised to be the next big revenue driver for hotels. Anticipating guest needs, hotels can capture more revenue and build loyalty
Do Hotels Need BI? Only If You Want to Grow Revenue and Profits
Hotels can leverage business intelligence to move beyond instinct and drive targeted strategies that enhance revenue and profitability