pricing
Do Smaller, Independent Hotels Need an Automated RMS?
Did you know that hotels using automated pricing solutions, on average, experience a 22% increase in revenue and 4% increase in ADR?
Profit Isn’t Just About Revenue Generation
Profit is not for the passive observers, but for the planners that have a thorough grasp on the revenue numbers and the stories behind them
8 Tips for Hotel Revenue Managers to Cope with Rate Parity Issues
Let us delve into some tips to help you dash over the speed-breakers in your revenue maximizing journey and build the right rate parity strategy
6 Ways to Increase Revenue in Your Hotel Spa
Finding ways to make your spa profitable is a great way to increase incremental revenue and have a steady cash flow, even in periods of low demand
Hotel Subscriptions: The New Hotel Industry Trend
For hotels, subscriptions can increase the lifetime value of a customer, whereas the guests enjoy getting a better deal with more benefits and value
Hotel Pricing Strategies to Boost Revenue in 2023
The question is, how can hoteliers implement effective pricing strategies to boost their revenue and stay ahead of the competition
Hotel Brand: Is Your External Image and Messaging Fake News
We are talking Hotel Brand. When done well, it is a core differentiator reflecting the culture, values and identity of your hotel, helping to build loyalty
Traveler Cost Concerns Forcing Hoteliers to Rethink Rate Strategies
Commercial strategy teams should use future pricing strategies and group bookings to build base, then optimize rate to blend in transient business
Ten Questions a GM Should Ask Their Revenue Manager
So Mr. Fabulous GM, what should you be asking your Revenue Manager at your weekly meetings and what conversation should this spark?
Price Integrity in Hotel Revenue Management: Strategies and Tips
The objective of price integrity is to ensure transparency and avoid misleading customers with incorrect or unjustified pricing information