revenue

Here are tips for hoteliers to ensure that they are fully versed in the role of direct sales in the current business environment to maximize revenues

Looking across Europe, room rates are soaring. But, the rise in prices isn’t purely inflationary pressures, there is extraordinarily high demand levels too

You have fixed costs that you can’t escape as a hotelier, and the only way to ensure profitability is to take advantage of all potential revenue streams

Occupancy increased 0.5 percentage points week on week, which was a third straight weekly increase, and was up 2.6 percentage points versus a year ago

Mobile Rates are specially discounted rates that are offered to guests browsing for hotel room reservations through a mobile app or a mobile browser

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

If you follow the steps highlighted, you should be able to organize a successful revenue management meeting that will help increase sales for your hotel

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

A method of budgeting where all expenses must be justified for each new period starting from a zero base, is required given the fluidity of global economies

Hotel segmentation may seem like a lot to process, but it is not something that you have to get right on the very first try