ancillary

Ancillary Revenue In 2020: Resorts Benefit the Most

Growth in ancillary revenue POR, plus a 5.6 percent ADR increase, resulted in a 7.3 percent gain in total operating revenue POR for resorts

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hotel meetings and event space

Hotel M&E: Changing World, Creative Ideas, Ancillary Revenue…..Really?

We question whether meetings, groups and event revenue should still be considered ancillary revenue when a substantial part of a hotels income

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How Your Hotel’s Food and Beverage Strategy is Key to Recovery

For hotels who can provide Food and Beverage in-house, the creative control gives you the possibility to add additional revenue streams

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How Hotels Can Turn Parking Into an Alternate Revenue Stream

Hotels can rent empty parking spaces on a monthly basis. Even at reduced rates, the revenue generated from these spaces could be substantial

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Tracking the Recovery: How COVID is Reshaping the Hotel Revenue Mix

It could take years to build back pre-crisis revenue and profit levels. Hoteliers are a resilient bunch and understand it’s an upward climb

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Opening New Revenue Streams in the Hospitality Sector

The crisis has forced the hospitality sector to come up with innovative and indigenous ways to utilize their assets and open new revenue streams

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How Independent Hotels Can Maximize Revenue in the Pandemic Era

In this tentative climate, revenue management strategies should aim to boost consumer confidence, focus on value, and increase revenue per guest

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Rising Above Revenue Restraints Toward Total Profit Optimization

Hotel revenue managers need to figure out how to stack the right building blocks to forecast accurately, price with confidence, and maximize profitability

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Revenue Science vs. Groundhogs – Forecasting True Parking Demand

Lucky for the parking industry, you don’t need to be trapped in a time loop to discover the power behind true demand forecasting

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Beyond Heads in Beds: Hotels Can Optimize Profits in Innovative New Ways

As technology and consumer behavior evolves, all businesses find themselves at the forefront of change and, certainly, hospitality is no exception. NB: This is an article from ResortPass Disruption is […]

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