revenue
Using Hotel Breakeven to Evaluate Recovery Revenue Strategies (Pt2)
We look at cost implications and revenue opportunities these create and how, by understanding breakeven and modelling, you can see if they are profitable
The Pivot to Running Leaner Hotels Has Been Swift.
The lean hotels of the future will be the perfect balance of revenue and expense to produce optimal profitability. You can’t pay rent with RevPAR
Rejuvenate Your Revenue Strategy for 2021 and Beyond
Behavioural insights reveal the revenue potential of each guest, whether they stay a night or not. This precision enables you to optimize total guest spend
Could New TripAdvisor Subscription Program Help Save Hotels?
2020 was a terrible year for U.S. hotels. Last year, thanks to the pandemic, occupancy sat at just 44%, down from 66% the year prior. NB: This is an article from Motley Fool […]
Understanding Hotel Breakeven Helps Revenue Recovery Strategies (Pt1)
In this episode we touch on Hotel Breakeven, what it is, why it’s important and how can it help you model revenue strategies as we plan for the recovery
What is the Future of Hotel Upselling?
We know from first hand experience that when done right, the art of upselling can be fun, engaging and a genuine win-win for the guests and the hotel
Booking’s Sponsored Benefit is Just Discount for Advance Payment
The “Booking Sponsored Benefit” is nothing else but “discount for advance payment” which is applied to the customer when the following conditions are met:
Maximizing Hotel Space for More Profit
Hoteliers need to look at all hotel spaces available to them, but being on-property daily can make it difficult to see the opportunities that could exist
Price Driven Recovery Would be a ‘Terrible Move’ for Travel
A price driven recovery from the Covid crisis would be a “terrible move” because customers are willing to spend more on travelling “better”
Prepare Now For The Return of Groups and Meetings
No hotel revenues have been impacted as dramatically as traditional meetings and events, leading many to wonder whether it will ever return to same levels