ancillary

If you want to generate the largest revenue in your property, you need to understand how the four revenue drivers for hotels break down:

Forecasting has always been valuable for revenue managers. Given current uncertainty, it is so important to be able to predict and adapt to demand

The key is identifying all stages of the guest journey where you can create opportunities to generate more revenue and increase your profit margins

Dead, open space in your hotel, can be converted into revenue generators that attract both guests and locals alike

To maximize revenues and enhance the guest experience, one must embrace a comprehensive revenue strategy that looks beyond the room rate

Revenue management teams needs to decide where to prioritise. Hoteliers need to shift the mindset from a room-only / RevPAR-focused approach.

Let’s dive in and see which upsells can help your hotel achieve higher revenue targets and should be set up in the first place

You have fixed costs that you can’t escape as a hotelier, and the only way to ensure profitability is to take advantage of all potential revenue streams

Now you understand the role upselling plays for hotels, it’s time to get to work. Put together deals your guests will love and watch ancillary revenue grow

By leveraging ancillary revenue opportunities and ensuring profitability, you ensure your hotel recovers faster than those which rely on one revenue stream