revenue

We know the market is volatile and unpredictable. We can’t change it, so embrace it. Data gives us control, it provides insights we can use to drive revenue

The RMS will be the catalyst to lead the unification of hotel technology systems around revenue and profit and drive a connected commercial organization

With over 83% of guests looking at recommendations from friends, family and an active online community, guest experience is critical for conversions

Many companies are more interested in dynamic pricing because they enjoyed flat rates that carried over the last few years and expected prices to increase

An evaluation of use and productivity may reveal opportunities for incremental revenue and/or margin in existing areas on-site

You, as a hotel owner or revenue manager, have the power to create a solid reputation that helps you build a successful brand

For one thing, your Black Friday rate needs to be the absolute best you offer because that’s what customers have been conditioned to expect

Through the use of A/B split testing you can increase direct booking for your hotel. Even better, A/B testing can be done quickly and easily

The data alone is of no use until you know how to use it. You may have all the data you need but to maximize revenue, you must know what to do with it

To sweeten the deal operators often offer the bundle at a discount, with two types of discount frames dominating practice