inventory
Pricing 101: A Guide for Independent Hoteliers
One of the most challenging things for hoteliers is determining how to price inventory. NB: This is an article by WebRezPro Charging too much will deter customers and increase vacancy, […]
High occupancy sets tone in corporate rates negotiation
As hoteliers negotiate with their corporate clients for bookings in 2018, they’re finding they still have some room to push for rate increases. Although these increases aren’t as high as […]
There’s No Such Thing as Unconstrained Demand in Revenue Strategy
While going through old books the other day, I came across a textbook from my Ancient Greek class in high school. Thumbing through the book, an interesting word jumped out […]
How to increase your hotel’s occupancy rate
In order to improve your hotel’s occupancy rate, there are a few things you need to consider. For example, you want to know how to calculate your current occupancy rate, […]
How Do Hotels Fill Those Last Available Rooms?
Hoteliers, marketing directors, and revenue managers in particular are continuously learning how to put the pieces of the puzzle together when it comes to creative and effective options for selling […]
Data and Analytics Can Help Your Hotel Inventory Distribution
The Internet has had an impact on almost every industry out there and how could hotel industry be an exception to this revolution. Traditional booking mechanisms like phones and agents […]
PolyU Study Finds Room Attribute Preferences Key to Hotel Profit Maximisation
Hotel managers need to understand the value that customers place on particular room features and charge for them accordingly, argue Dr Lorenzo Masiero of the School of Hotel and Tourism […]
Hotel occupancy reaches new heights but rate not keeping pace
The U.S. hotel industry’s ongoing run of monthly RevPAR increases and its recent record occupancy levels are obscuring a more unsettling trend, one that many hotel groups will be unable […]
US Hotel Outlook Positive with Continued, Albeit Slower, Growth Predicted
The U.S. lodging industry will enjoy continued growth in all major metrics in 2018, albeit at a slower pace. Based on the recently released September 2017 editions of Hotel Horizons®, CBRE […]
Cancellation changes give owners inventory control
In the past few months, major hotel brands have started to extend cancellation policies, with some exceeding the previous standard 24-hour policy. Executives outlined why their brands are launching the […]