revenue
All-Inclusive Hotels Revenue Management: Both a Marathon and a Sprint
Modern all-inclusive resorts are transitioning from revenue management (RM) strategies based solely around optimizing package rates, to more comprehensive approaches that take ancillary revenue sources into account. And all-inclusive hotel […]
How Hotel Inventory Distribution Impacts Revenue Management
Effective and efficient inventory distribution plays a major role in the overall revenue management strategy for hotels. NB: This is an article from Hotelogix A well-thought-out inventory management strategy helps […]
How to Get Your Revenue And Marketing Teams to Collaborate
Internal hotel teams that are focused only on their own revenue streams risk inefficiency, duplicating work and restricting each other’s progress. According to the study done by Salesforce, 86% of […]
Monitoring Rates: pt 2 of 3 in a pricing series
In Part 1 of our blog series, we talked about how you can set hotel rates to maximise revenue. But this is not a set-and-forget activity. Monitoring market rates in […]
Optimise The Efficacy of Your Revenue Manager
It’s challenging being a Revenue Manager. Be it in a large city-centre hotel or a small countryside hotel, Revenue Managers face similar challenges & stresses. Too much to do, too […]
Revenue Management of an Independent Hotel Requires More Direct Collaboration
Revenue management is never an easy job, but the job is considerably tougher for independent hotels, according to sources. Without the marketing power of brands or the ever-more sophisticated revenue-management […]
Setting hotel rates to maximise revenue: part 1 of 3
As a revenue manager, getting your room prices right is arguably your biggest priority. And while you may be aware that there’s a science to it, you’re time-poor as it […]
Pricing strategy basics to make the most of every booking
Whether you run a high-end hotel, a budget apartment or something in between, sooner or later you’ll need to decide on a pricing strategy. How much should you charge for […]
Why Offering Experiences Is a Huge Revenue Opportunity For Hotels
Offering local tours and activities is a multibillion dollar business, with the OTAs having shown a growing interest in this sector. Expedia alone is looking to grow its local tours […]
Revenue Management Roles Continue to Evolve
With hotel occupancies continuing to hover near record highs, many operators have had to creatively work to drive rates and accompanying profits, increasingly relying on revenue managers to lead the […]
