revenue

Game theory equips hotels with tools to analyze the market landscape, anticipate competitors’ moves, and develop counter-strategies

The economic outlook is positive, but rising costs and changing guest expectations require continuous adjustment and optimization of the budgeting processes

Setting prices too low can have several detrimental effects on a hotel’s revenue, profitability, and overall brand perception

While a channel manager is key for independent hoteliers, selecting the right channel management partner can be daunting. Here are features to consider

Traditional budgeting has long been the standard for financial control in the hotel industry, but the budget can become irrelevant far too quickly

There are two strategies you can apply to consistently unlock high profit margins. Here, we’ll list those strategies and straightforward ways to use them

The true failure lies not in receiving OTA bookings, but in failing to convert those OTA guests into direct booking customers in the future

Rethinking your pricing approach and taking the first steps to a more a profitable Open Pricing strategy doesn’t require significant investment

CPOR is a crucial metric in the hotel industry that helps measure the efficiency and profitability of a hotel’s operations. It stands for cost per occupied room, which means the […]

Explore 8 proven strategies to diversify and secure new revenue streams for your hotel, ensuring long-term growth and financial stability in a competitive market