revenue
Digital Pricing Transformations: The Key to Better Margins
Many companies launch pricing transformations as a way to create value quickly and sustainably. NB: This is an article from McKinsey Indeed, pricing excellence in B2B settings—setting the right prices, and […]
Key Indicators to Watch in the U.S. Hotel Recovery in 2021
Another important deciding factor for choosing hotel accommodation is the ability to cancel or rebook without penalty, which ranked just above price
Robust Rate Strategy Needs Understanding How Profitable Your Rates Are
Getting the right rate strategy is crucial and flexibility will be needed for a while. Perhaps the days of non-refundable or advance payable rates are over
The Changing Nature of Supply and Demand in Hospitality
No segment in hospitality is safe from demand drought. If there is no chance of making profit, wait it out, if there is chance of staying afloat, act on it
The Paradigm Shift in Revenue Management with Future Demand Data
Creating forecasts based on future data sources is a paradigm shift in revenue management and, truly, the future of how hotels will price their rooms
What Perfect Conditions for a Successful Revenue Management Plan?
Revenue Management is not just about a person or a department, it is a company philosophy to make strategic decisions based on knowledge.
These Strange Times Call For a New Breed of Revenue Manager
So here’s to the real roaring ‘20s. A reimagined landscape with tremendous potential for the future of the hotel industry and revenue management
2020 Revenue Management: What we Learned, Abandoned and Will Keep
Traditional revenue segmentation is dead and traditional marketing targeting is dead too. Long live combined segment/target customer profiling!
How Revenue Management can Support your Hotel’s Cash Flow
Revenue management is playing a central role in strengthening a hotel’s cash flow and financial position by driving top-line and cash position of the asset
How Hotels are Using Gift Vouchers to Generate Revenue Right Now
One way that Hoteliers are capitalizing on the built up appetite to travel is through offering gift vouchers. We explore why this is the case