revenue
Serving up revenue management strategy in four courses
The food and beverage and hospitality industries go together like “bed and breakfast,” “cheese and wine,” and well, “revenue” and “management.” From rooftop views to custom craft cocktails to Michelin-star […]
How to forecast hotel revenue like a pro
Forecasting hotel demand can be a challenging thing to do — whether you’re a revenue manager, an operations manager or a hotel business manager. It can feel like a constantly […]
Supply and Demand: Are you maximizing room revenue?
The theory of supply and demand is one of the fundamental principles of economics. However, it’s not something constrained to leading economists. And when it comes to maximizing your hotel’s […]
Revenue Management Tech is Important to Independent Hotels
In my selling adventures at IDeaS, I often encounter smaller independent hotels with leadership teams believing ‘having fewer guest rooms’ means their property ‘doesn’t need a revenue management system’ (RMS). […]
Why OTAs are a necessary evil
Although the hatred for the OTAs seems to have lessened slightly over the past few years, there are still many hoteliers who are adamantly against listing their rooms on OTAs. […]
Navis, revenue tech for independent hotels, ups ambition
Navis may have been founded in 1987, but you could say that the boot-strapped technology company, which focuses on serving independent resort hotels, has sped up its metabolism lately. The […]
U.S. Hotel Revenue Growing, but Slowing
U.S. hotel revenue growth is slowing down, while expenses are on the rise. According to CBRE Hotels’ Americas Research’s 2016 edition of Trends® in the Hotel Industry, operating performance continued […]
Strong revenue growth for Asia-Pacific hotels in 2016
A summit of over 200 leading Indonesian hospitality industry professionals has predicted a positive outlook for the regional hotel sector, with 65 percent of attendees forecasting six percent or more […]
Now time for Airline pricing spring clean
Does your pricing strategy have cobwebs? Was it developed at a different time in a different market context? Could it use some ‘spring cleaning’, disposing of practices that don’t make […]
Bahrain hotel revenues drop 7% in March
Hoteliers in Manama saw total revenues slump by nearly 7% in March despite reducing payroll levels and overheads, according to new data. HotStats figures showed that total revenue per available […]
