revenue
The Relationship Between Value, Quality and Price Exists
Asset managers and hotel owners have a perception of their asset value and what the market will pay. Sometimes, those perceptions are vastly wrong
A Complete Timeline for Your 2023 Black Friday Campaign
Black Friday has the potential to overwhelm, so let’s walk through every step of the way to a successful hotel direct channel strategy!
Quick Wins to Increase Holiday Bookings on your Hotel Website
There are extra steps hoteliers can take to maximize holiday bookings and make sure their marketing efforts hit the right notes
Data Power! How to Use Your PMS to Drive Bookings
We’re not only talking about decreasing rates when occupancy is low; the secret to generating more bookings year-round lies in data contained in your PMS
How to Calculate Hotel Guest Acquisition Cost (GAC)
By calculating Guest Acquisition Cost, you gain insights into the financial efficiency of your guest acquisition strategies
Myths About Revenue Management Technology
We focus on the five commonly held myths about revenue management technology and why you don’t need to worry
What is Value Added Pricing in Hotels? Examples and Strategy
Hotel A has been doing the same thing for decades. Hotel B is new and looking to earn more with a value added pricing strategy
Year-Round Revenue Management Brings Record Profitability to Hotels
Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability
Hotel Financial Performance Influenced by Changes in F&B Offerings
Since the majority of hotel food and beverage revenue come from in-house guests, it is appropriate to analyze trends on a dollar-per-occupied room basis
5 Examples to Recover Lost Revenue from Cart Abandonment
With a cart abandonment rate for hotels of 80%, and websites converting only a fraction of traffic, the potential revenue left on the table is significant