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Myths About Revenue Management Technology
We focus on the five commonly held myths about revenue management technology and why you don’t need to worry
What is Value Added Pricing in Hotels? Examples and Strategy
Hotel A has been doing the same thing for decades. Hotel B is new and looking to earn more with a value added pricing strategy
Year-Round Revenue Management Brings Record Profitability to Hotels
Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability
Exploring Buy Now, Pay Later to Boost Hotel Direct Bookings
In the hospitality industry, the Buy Now Pay Later payment method is a game-changer. It’s reshaping the way guests experience hospitality
15 Tips for Small Hotels to Increase Revenue
There are a lot of strategies that can be used to increase hotel revenue – but it’s important to be focused and committed to the plans you make
How Hotels Can Use Big Data for Better Digital Marketing Action Plans
Many hotel companies spend far too much time aggregating data and not enough time creating digital marketing action plans from the analysis
The Dark Side of Revenue Management: Avoiding Ethical Pitfalls
By avoiding the dark side of revenue management and embracing ethical practices, you can build a reputation for trustworthiness and integrity
The Bond Between Revenue Management and Sustainability
Sustainability and revenue management are not mutually exclusive; rather, they bolster each other, where ethical management fortifies financial performance
What is RevPAM? Definition and Formula for Hotels
RevPAM is one of those metrics that are growing in prominence, changing the way hoteliers look at the revenue potential of their property
Measuring the Performance of Your Direct Channel
Wrong decisions are made when hotels consider “share of direct channel out of the total revenue” as the only KPI to understand how the channel is doing