revenue

When a single group books the entire property, hotels secure guaranteed revenue, eliminating concerns about vacancy rates and providing predictable income

Discussing these taboo topics in commercial strategy is crucial. Open conversations about revenue management challenges can break down barriers

By embracing both new school tactics and old school wisdom, hoteliers can stay ahead in this ever-competitive landscape and win the rate wars

With varying approaches to dynamic pricing in the marketplace, buyers cannot always be certain that dynamic rates outperform static rates

A successful loyalty program hinges on its ability to offer rewards that resonate with your customers. Providing valuable and relevant incentives

The way your hotel ranks on those OTAs can make or break your visibility. But it’s not as simple as having the lowest price or the most reviews

By offering bundled stays, unique experiences, creative holiday-themed offers, and gift cards, hoteliers can unlock new revenue streams beyond rooms

Capturing direct bookings with member rates is only a win if your discounting strategy can be managed in a way that doesn’t leave money on the table

By augmenting your hotel revenue strategies, you can deploy strategic tactics that attract the right guests and will boost both revenue and profitability

It’s a story of tradition versus innovation, control versus empowerment, and the significant impact these have on revenue management