rooms

Hotel owners and operators need to understand how changes in occupancy post covid affect strategies for maximizing  profitability

Hybrids face unique challenges that include complexity of different inventory types in the same building but they also have particularly demanding customers

Market segmentation is not a fixed activity. It is important to use accurate guest data to regularly update your segmentation strategy

Room service at your hotel can be one of the trickiest parts of the business to get right and not always easy to convert into a profitable exercise

It wouldn’t be hyperbole to say that you should never underestimate the value that room upgrades bring to your business, notwithstanding your guest!

These are some initial considerations to take into account in relation to the mindset many of your summer guests will be in. Here are a few more pointers:

This is a distillation of ideas and best practices that could help you sell more day use rooms and create an additional steady revenue stream

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