revenue
Why You Should Use Channel Forecasting To Drive Hotel Profits
Effective channel strategy and management require going beyond decision-making using stale growth revenue reports generated at month’s end
What is Price Segmentation
By implanting a successful price segmentation strategy, you can extract a greater portion of the consumer surplus in the form of untapped revenue and profits
‘Tis the Season to Boost Your Hotel’s Direct Bookings
Now is the time to take the reins and boost your direct bookings. We ho ho hope these examples inspire you to create your most festive holiday campaign
Can London Hotel ADR Overcome High Inflation?
We expect a number of London hotels will retain the ADR uplift they have gained during 2022 and mostly compensate for inflation in 2023 pricing strategies
Tactical vs Strategic Revenue Management and How to Excel at Both
When it comes to deciding between tactical vs strategic revenue management, there’s actually no clear-cut answer to the question ‘Which is best?
From Beonprice to BEONx: The Evolution and Journey Ahead
In this discussion we talk about the Beonprice brand evolution to BEONx, what BEONx is, sustainable profitability and digitalization
How to Improve Your Hotel Upsell Program to Boost Direct Revenue
While upsell can certainly boost your revenue, they can also deepen guest relationships. So, taking time to invest in some best practices will go a long way
Hold The Phone! 6 Tips for Converting Hotel Calls to Bookings
Every phone call should be treated as a critical opportunity to establish a positive relationship that results in a booking and, ultimately, a loyal guest
The Power of Integrating AI into Your Hotel’s Call Center
While AI is not designed to replace your entire call center, it can significantly allow those employees to give full attention to more complex reservations
Direct Pre-Authorizations Can Boost Hotel Revenue Starting Today
Pre-authorizations are an indispensable way to preserve cash flow as they protect hotels from losses like late cancellations, chargebacks and no shows