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wooden blocks with letters spelling out internal external factros reflecting elements for hotels to consider when looking at demand forecasting in revenue management

Demand Forecasting in Revenue Management: Key Success Factors

But what are these data sources exactly? What do you need to focus on as you predict demand for your hotel business over the coming year and beyond?

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chinese city skyline reflecting the increase of domestic travel and international travel in and out of china now covid restrictions have been lifted

Where Will The Chinese Travel Wave Break?

With the reopening of the borders, the demand for Chinese travel has exploded and will surely continue to grow in the coming months

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resort beach in summer season reflecting importance for hotels to include tour operator business into their revenue management strategy

Bye Bye Resort Fees – How to Fill Your Pending Revenue Hole

There may not be a way to stop hotels losing revenue from resort fees, but hotels can act now to counterbalance this deficit by driving more direct bookings

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man being attracted by a carrot in the same way hotels need to win back business from otas

Are you Going to Miss The Best Time To Sell Hotel Rooms in 2023?

There are times when a hotel has the opportunity to present themselves as the remedy to travelers’ post-holiday blues; the Annual Sale is that opportunity

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beachside telescope reflecting need for hotels while forecasting forward to utilise future demand data

How Demand Forecasting Helps Increase Revenue and Develop Marketing Strategy?

Accurately forecasting future demand for hotel rooms can help hotels increase revenue in several ways. Here are the most important ones:

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coins being stacked up to reflect how hotels can still increase their adr with the right focus

The Revenue Management Approach To Hotel Costs And Quality

This article offers a guide to revenue management analysis to give you ideas on improving your hotel’s profitability

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hotel room keys reflecting hotel occupancy rates and possible impact on average daily rate (ADR)

How to Increase Your Hotel Average Daily Rate and Occupancy Rates

So, how exactly can you increase your ADR to realise remarkable returns? To that end, we have compiled a few tips to help you improve your hotel rate

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music event reflecting an area where hotels can maximize direct bookings by tapping into local events

MEGA Events: High Impact Events Fuelling High RevPAR

Strong leisure travel with many high impact events are fuelling a high RevPAR in those destinations, where typical business destinations are yet to recover

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two chess pieces with one fallen over reflecting the need for hotels to checkmate oats and drive direct bookings

6 Ways Your Hotel Risk Missing Out On Revenue Opportunities

Go through the following six points to see how you may be leaving revenue on the table and how you can easily turn things around

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person holding a computer screen looking very happy reflecting the resurgence of the hotel pms as it reclaims the central role in hotel technology

61% Website Conversion Increase For Hotels Running Dedicated Campaigns

Preparing upstream and leveraging marketing technology on your hotel’s website is key to increasing direct channel conversions

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