revenue
Why Incentives Increase Your Hotel’s Direct Bookings
The ripple effect of incentives leads to long-term benefits to your hotel, including repeat guests, increased direct bookings and brand advocacy
European Hotels End 2019 on Stellar Profit Performance Note
The year ended on a strong note for hotels, represented by a fourth consecutive month of y-o-y profit growth on a per available room basis. GOPPAR soared in the month, finishing 9.8% above
UK Hotels Turn the Page After Uneven Profit Performance in 2019
2019 ended on a sour note for UK hotels. December marked the third consecutive month of y-o-y profit per available room decrease, as GOPPAR was down 0.9%
Podcast: Why 2020 Should be the Year of MICE Revenue Management
The topic for this podcast discussion is MICE Revenue Management – what are the challenges and why this should be a much higher priority for hotels with meeting and events space
Examining Trends in Rate and Revenue Management
Although a sophisticated system can recommend an ideal rate, the human element is still crucial, especially when it comes to a hotel’s overarching rate and revenue management strategy
5 Things to Include in Your Hotel Performance Strategy
As you map out your hotel performance strategy, remember that there’s more to financial capital than what you’re bringing in with a traditional hotel revenue strategy
Does Pre-Stay Upselling Cannibalise Front Desk Upselling?
A common worry is that pre-arrival upselling cannibalizes front-desk upselling, thus reducing the receptionists’ chances to upsell guests. But does that actually happen?
Beyond Heads in Beds: Hotels Can Optimize Profits in Innovative New Ways
As technology and consumer behavior evolves, all businesses find themselves at the forefront of change and, certainly, hospitality is no exception. NB: This is an article from ResortPass Disruption is […]
10 Reasons Why Your Hotel Should Have a Loyalty Program
Loyalty programs together with customer service, user reviews, and an easy to use website, are all factors that the majority of travelers consider when making their next reservation.
Pricing Woes? Make Ideal Pricing Your New Reality
A hotel’s profit margin depends largely on revenue from a great pricing strategy. It’s essential hoteliers thoroughly evaluate pricing options to determine what’s best for their hotel and guests.
