revenue
Price Elasticity in the Hotel Industry: Affecting Factors and Tools
Price elasticity is a critical KPI for hoteliers. Understanding factors that affect it can help optimize pricing strategies and achieve higher profitability
Dynamic Packaging Solutions for Online Booking Engines
Dynamic packaging can help introduce end-to-end booking coverage. Otherwise, travelers will rely on OTAs suggesting solutions for vacation-related problems
How to Improve and Develop Forecasting in Hotels
Many revenue managers must present an updated forecast for the entire year or for rolling 12 months to the top management. NB: This is an article from Demand Calendar The […]
Time is Money and It’s Time to Get Back Selling
Those selling should be focused on prospecting rather than being dragged into hotel operations needs or busy work
How to Improve Guest Feedback with Personalised Upselling
With upselling, hoteliers can let their guests customise their stay beforehand and select and pay for only those services that they’re interested in
Re-Frame Room Price Value: What Attribute Based Selling Can Do
Something needs to be done to better showcase – and derive appropriate value from – our premium rooms. Attribute Based Selling (ABS) holds the answer
Yield Management: How it Can Help You Optimise Your Revenue
Yield management controls enable you to filter your demand so that you can attract the most profitable market segments to your hotel
How Personalization Contributes to Increased Revenue and Profits
Hotels can start the personalization of offers when they have insights into the travel reasons, where the guest comes from, and the booking behavior
How to Increase Restaurant Sales: 20 Effective Tips & Strategies
Here are a few suggestions for boosting restaurant sales that include encouraging guests to visit your restaurant and improving your table turnover rate
Actionable Strategies to Capture Bleisure Travel
Two-thirds of bleisure travel starts off as business trips, as travelers work first and play later, while one-third do both intermittently