revenue

Accommodating Revenue Risk in Your 2022 Hotel Budgeting

There is a healthy range of revenue risk that lies somewhere between a careful analysis of historical trends and market projection topped with some optimism

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Hotel Rate Strategy Evolution Across North America

There is a major shift going on in the market. For the foreseeable future, flexible rate strategies are on the rise and non-refundable rates are being cut

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Factors To Keep In Mind While Creating Hotel Packages

Creating hotel packages is no rocket science, but must be strategic. You should consider certain factors while crafting offers that don’t jeopardise revenue

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Reinventing How We Do Hotel Revenue Management

If we truly want to optimize every opportunity, is there a strategy to change our revenue management focus from more than just room pricing?

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boy with head in hands and question marks reflecting the challenge of choosing an rms as we get into budget season

Revenue Management – Looking Towards A Challenging Winter…

It is time to determine how we will achieve top line budget goals whilst keeping bottom line costs in check. Revenue Management strategy plays a key role

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Historical Data Carries Less Weight in Setting Future Budgets

Even in the best of conditions, setting up next year budgets include some amount of guesswork, relying on historical data and trying to predict the future

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Using Big Data and Revenue Management in Uncertain Times

Hotel systems have data that can be evaluated to also optimize price elasticity for revenue management in operations; however, in many cases …

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hotel employee and guest engagement with modern hotel automation technology

Where is Real Innovation in Hotels Happening? Digital Guest Engagement

The hotel industry has a longstanding reputation for slow technological adoption. This can be seen in the adoption of digital guest engagement solutions

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Your Guide to Increasing Local Guests Bookings

With special deals, unique partnerships with local businesses, and the right approach to SEO, you can up your local guests booking game and book more rooms

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Driving Occupancy by Segment During Changing Times

Brands are reinstating Advance Purchase rates and giving booking window flexibility so they can flex this depending on whether they want to drive Occupancy

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