So why would hoteliers set a narrow range? With no previous experience in yielded upgrade pricing, hoteliers tend to worry about discounting too much
The analysis of market segmentation is the backbone and the business intelligence that fuels our revenue management strategies
Casual behaviour towards room inventory management by hotels can lead to various problems. Let’s discuss why you should be doing it in the first place
The pandemic is expected to stimulate more demand for room service as travellers are looking for a person’s space and a contactless experience
We look at five strategies which will help hotels maximise their chances of maintaining their occupancy through the autumn and into the shoulder season
Change the way you set up your room inventory and start to revolutionize the way you sell to make more revenue and increase customer satisfaction!
The key is to observe booking pace of each different room type during different demand seasons and vary difference between them to maximize revenue results
A direct booking strategy for hotels should reflect a commitment to guest experience while emphasizing the importance to fill your room inventory
Staycation is here to stay. Strong occupancy is here to stay but the question remains for us all… how much occupancy is too much?