pricing
Recession Fears Shift from ‘If’ to ‘How Deep’ for Hoteliers
Impact of possible recession could be influenced by how leisure demand had an outsize impact on the ongoing demand and will business travel continue to lag
How To Offset Seasonality Impact By Increasing Mid Week Occupancy Rates
We look at how a hotel increased their summer mid-week occupancy rates and how to apply this strategy across different seasons
As Long As Guests Pay, Resort Fees Stay
While hotel owners may worry about the potential negative impact of charging resort fees, that has not deterred the practice or slowed the rate of increase
Is US Hotel Industry Heading Inadvertently to Over Commoditization?
Is the US Hotel industry in a race to the bottom? Is it at risk of over commoditization where price becomes the only differentiator?
How To Spot Dates Where Your Hotel Can Increase Rates
With the ebb and flow of pricing, rate changes must be frequent, and a hotel must regularly adjust pricing based on demand, forecasts, and competition
What is a SWOT analysis of a Hotel?
SWOT analysis for Hotels comes in handy when deciding whether to proceed with specific changes or investments in your hotel by analyzing the pros and cons
How to Measure Your Hotel Profitability
Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE
Prepare Your Hotel For Winter Bookings
Whoever it is you’re targeting, now is the time to launch your winter campaign or campaigns. Make it easy for them by offering an attractive deal
Hotel Guest Experience Needs To Improve To Maintain Rates
Prioritizing the guest experience comes at the cost of profitability but is necessary in order to maintain the rate growth seen over the past few years
Channel Manager: Definition, Types And How To Choose One
Using a channel manager is the most effective way to keep on top of reservations so you can negotiate best rates and, ultimately, maximise your profit