revenue
Revenue and cost strategies for boutiques, independents
With many moving parts and no brand systems or guidance to assist, it is essential to a hotel’s revenue success to invest in the right tools, most of which will […]
Predictive Analytics for Hotels: Look to the Future for Big Results
Until recently, hotel owners and managers have been limited to using historical data to predict future performance. Hoteliers have depended on occupancy as the gold standard for revenue generation. NB: […]
Revenue Metrics Are Evolving: Average Room Rate Becomes Two for One
The previous methods of ADR (Average Daily Rate) calculations are not good enough any longer. In the fast-paced world of the hotel industry the ecosystem of distribution channels and methods […]
The Missing Link in Book Direct Strategies: the Front Desk
Hoteliers have been putting huge amounts of efforts into building solid book direct strategies. However, your fantastic strategy to align your goals for marketing & revenue might be missing a […]
7 Practical tips to improve online reviews of your hotel
In a digital world, not only every visitor to your hotel is a potential critic, they also have the power to reach a wide audience, and their views can have […]
The Importance of Rate Parity for Travel Brands
When it comes to pricing, travel brands are currently facing two sets of online competition. The first is fellow travel brands within their competitive set, with whom they’re vying for […]
Revenue Management: Move from Tactics to Strategy with Data Integration
As the practice of revenue management continues to evolve, industry professionals should increasingly look to use their RM systems and processes strategically and move away from tactical operations. Integrating data […]
Managing Hotel Guest Sentiment and your Online Presence
In part 1 of this blog series, we discussed ways to get your entire staff empowered and involved in Revenue Generating activities. In part 2 of the series, Creating a Revenue Centric […]
6 Ways Hotel Marketing Can Generate More Group Business
Hotel marketing teams need to improve their support of group sales. Achieving group and meetings revenue targets can make or break your property’s annual performance. But incredibly, most hotel group […]
How Hotels Can Embrace OTAs and Profit at the Same Time
A recent Hotel Management column captured well the full story in the ongoing debate between hotels and online travel agencies. The story, however, is ready for a new chapter. Everyone knows […]
