revenue
The Modern Revenue Manager: 7 Keys to Success
There are key strategies and tactics that a revenue manager can utilize to take their revenue strategies and profitability to new heights.
The Bond Between Revenue Management and Sustainability
Sustainability and revenue management are not mutually exclusive; rather, they bolster each other, where ethical management fortifies financial performance
What is RevPAM? Definition and Formula for Hotels
RevPAM is one of those metrics that are growing in prominence, changing the way hoteliers look at the revenue potential of their property
Understanding Your Guest Profitability
There are two important aspects of guest value: share of wallet and time. It begins with determining what the economics of the guest look like
Hotel Benchmarking: Tips to Maximize RGI, ARI, and MPI
In the ever-evolving hotel industry, strategically benchmarking room revenue cannot be overstated. RGI, ARI, and MPI trio are the beacons guiding hotels
2024 Budget Planning: What Is Top of Mind for Hotel Owners & Operators?
Budget season is upon us, and around the world hotel owners and operators are buried deep in data trying to come up with 2024 performance numbers. NB: This is an […]
Measuring the Performance of Your Direct Channel
Wrong decisions are made when hotels consider “share of direct channel out of the total revenue” as the only KPI to understand how the channel is doing
Stop Using CompSets to Make Pricing Decisions
Those CompSets themselves are being driven by irrelevant factors like employee emotions and outdated RM systems that are not fit for purpose
Maximize Direct Bookings with Local Event Magic
By adopting these tactics, your hotel can stand out, win over event attendees, and boost direct bookings. Don’t miss the chance to turn local events into direct booking victories!
Harness User Booking Behaviour for Marketing and Revenue Strategies
In today’s fiercely competitive hospitality industry, hoteliers must utilise every available tool to maximise revenue and enhance the guest experience