Beyond Booking: Future of Hotel PMS in an Omnichannel World
The evolution of the hotel PMS into an omnichannel powerhouse is not just an inevitable technological advancement; it’s a strategic imperative for growth
Busting Today’s Hotel Distribution Myths
Hotel distribution is a multifaceted domain which presents significant opportunities for growth and revenue optimisation and remains underutilised
Why Group Revenue is About Risk Management
Transient guests tend to book closer to the stay date. What is better? The guaranteed group business or the potential transient business?
Maximizing Revenue Streams: Leveraging Day Use Rooms
The modern trend of day-use hotel rooms is a much-needed revenue upgrade on the traditional approach to cater to the dynamic demands of the modern guest
Quality of Guest Experience Focus Boosts Long Term Revenue
What if we focused more on the quality of each guest’s experience? Turns out, investing in guest satisfaction can significantly boost long-term revenue
What Is Average Rate Index: A Key Metric in Hotel Management
Average rate index (ARI) is a metric that hoteliers can evaluate performance of their room rates relative to a group of competitors during a specific period
Market Segmentation – Still The Holy Grail!
Which kind of market segmentation can be beneficial and feasible for you and which advantages can be derived from them
Revenue Management Is Only For Room Rates: Myth Debunking
While it’s true that pricing plays a crucial role in revenue management, it’s merely one aspect of a broader, more complex strategy
How to Conduct a Displacement Analysis For Your Hotel
The key metric in such an analysis is displacement: the revenue potential lost – or displaced – by a hotel, incurs when accepting one booking over another
Beat the Competition: How to Select the Right Comp Set
Regularly reviewing and updating your comp set will ensure your benchmarking remains relevant and you continue to capture a larger market share