revenue

person on a laptop with credit card possibly making direct booking on a hotel website reflecting the importance of hotels controlling their channels to reduce ota dependency

Boost Hotel Bookings and Revenue: Strategies for Success in 2024

We explore effective ways for hoteliers to boost bookings and revenue in Q1 and Q2 of 2024 that align with the evolving landscape of travel and hotel trends

Read more

person with keyboard and graphs reflecting the power ai first business intelligence and analytics technology can have on hotel operations

Conversion Rate Doesn’t Matter, Revenue Does

There is a direct relationship between conversion rate, visits, and reservations numbers, and the higher any of these numbers are, more reservations result

Read more

letters spelling out the word pricing highlighting the current strategy of dynamic pricing for hotels

Price Oscillation: Unraveling the Pendulum Effect on Hotel Rates

Average daily rate per room values has experienced greater growth in the last 3 years, but will price continue to grow rapidly? Will there be a correction?

Read more

hotel guests at a luxury resort which faces different strategic revenue management challenges

The Art of Resort Hotel Revenue Management: Specifics and Strategies

While the basic principles of revenue management apply to all types of hotels, resort hotels have important strategic considerations

Read more

What Do You Need to Do to Get a Guest to Return?

Understanding guest behavior is the foundation of any effective guest retention strategy. As is recognizing the diverse reasons for travel and preferences

Read more

How to Properly Record Hotel Packages & Revenue Recognition

A hotel packages is a combination of a room and at least one other component, like a bed and breakfast package

Read more

Mastering Hotel Group Sales: Strategies to Win the Game

Your revenue management processes should feed itself. Group bookings provide a base that drives up transient rates, in turn driving up group rates

Read more

9 Ways to Build a Guest-Centric Hotel

A guest-centric hotel (or a customer-centric operation) prioritizes guest needs and satisfaction over everything else. NB: This is an article from Mews It’s all about creating a personalized experience for guests to […]

Read more

12 Super Bowl Restaurant Marketing Ideas to Boost Revenue

In order to boost revenue and create lasting memories for your patrons, it’s we’ve compiled 12 supercharged Super Bowl restaurant marketing ideas

Read more

F&B to Fill Your Hotel Balance Sheet

Hotels and asset managers gather data to make sure they have the right brand and the right offering, and that is no different for the F&B offering

Read more