financials

Spending on Revenue Management Strategy with no Clear Idea of Return?

A revenue management strategy should be at the core of a lucrative independent hotel business plan, allowing hoteliers to optimize availability and pricing

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The Daily Revenue Audit – The Must Do’s

The hotel business is a retail business and to stay on top of your business, you must fully and completely balance your daily revenue and settlements

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Using Hotel Breakeven to Evaluate Recovery Revenue Strategies (Pt2)

We look at cost implications and revenue opportunities these create and how, by understanding breakeven and modelling, you can see if they are profitable

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The Pivot to Running Leaner Hotels Has Been Swift.

The lean hotels of the future will be the perfect balance of revenue and expense to produce optimal profitability. You can’t pay rent with RevPAR

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Understanding Hotel Breakeven Helps Revenue Recovery Strategies (Pt1)

In this episode we touch on Hotel Breakeven, what it is, why it’s important and how can it help you model revenue strategies as we plan for the recovery

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Though Travel is Low Some Regions Show Signs of Performance Positivity

Though global travel remains stunted, some regions are showing signs of sustained performance positivity. Include AsiaPac and the Middle East on that list

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4 Issues That Can Lower Your Hotel Forecast Accuracy

Revenue Managers may achieve top line forecasted revenue within 1-2%. But achieving a consistent hotel forecast at the segmentation level is rarely possible

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Cancellation Policies for Direct Bookings Versus Booking.com

Over the next months your aim is to retain the few clients you have. Every effort should be made to prevent cancellations and encourage direct booking

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How To Do a Hotel Break-Even Analysis

The aim of a hotel break-even analysis is to identify the number of sales, in unit or monetary value, for which the total costs equal the total revenue

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UK Hotel Reopening Trends in 2020

Ongoing vaccination rollout is sure to improve sentiment leading into the Spring and we expect to see more reopening again as restrictions ease

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