Top ways to Improve your Gift Voucher Sale this Festive Season
While monetary vouchers perform best, create multiple gift voucher options, as well as themed value-added vouchers that are available to use in need periods
What Reviews Have Your Guests Left In Recent Months?
In the summer of 2022, the platform that collects most reviews remains Booking with 53%. It is followed by Google (16%), TripAdvisor (9%) and Facebook (2%)
The Revenue Management Needs of Different Hotel Stakeholders
In order to ensure that all hotel stakeholders are aligned, it is important to understand their revenue management ‘wants’ and hear them in their own words
Winter Might Be Coming, But Spring Can Still Bloom for Hotels
We look at how global economic factors might influence different traveller attitudes and why hotels must revisit some basic revenue management principles
Hotel Budgets: Things to Keep in Mind When Budgeting for 2023
The unprecedented volatility has made the task of producing a hotel budget for 2023 daunting. Here are some things to keep in mind that might help
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
Why Hotel Email Marketing Must be Thoughtful and Efficient
There isn’t a one-size-fits-all approach to hotel email marketing, but reviewing your strategy will provide a solid foundation for reaching your audience
‘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