pricing
Managing Hotel Packages: How to Craft the Perfect Offer
To who, when, and how your package is offered makes or breaks its. Offering it to everyone may seem great idea at first, but it can lead to missed revenue
Hotel Forecasting and Why It Is Crucial to Your Success
By understanding the dynamics of accurate forecasting, hoteliers can implement more effective strategies, optimizing efficiency and maximizing profitability
Hotel Shoulder Season: Tips to Maximize Hotel Performance
The shoulder season holds untapped potential for increasing occupancy, generating ancillary income, and maintaining brand presence before the next peak
Debunking Rate Parity Myths: New Rules, New Opportunities!
Some worry that getting rid of rate parity will result in unpredictable pricing, with hotels constantly lowering prices to attract guests, leading to chaos
Engage Travelers with Cyber Travel Deals
Black Friday and Cyber Monday are well-known deal days for travelers, and the most recent newcomer to this bargain shopping week is Travel Tuesday
The New Era of Hotel Revenue Management: Moving Beyond Rates
Today, revenue management is about doing business strategically. It requires a deep understanding of the guest journey, booking window and market trends
How Can I Increase My ADR?
With a 25+ year career in revenue, I cannot begin to count the number of times that I have been asked that very question. NB: This is an article from […]
Understanding and Implementing Hotel Commercial Strategy
From pricing and marketing to distribution and revenue management, every aspect of a hotel’s commercial strategy plays a crucial role in maximizing revenue
How to Create A Seasonal Pricing Strategy
As a hotelier, one of the most critical aspects of revenue management is setting the right prices at the right times. This is where a seasonal pricing strategy comes into […]
The Revenue Manager vs. AI: Predicting Hotel Demand
We aim to highlight the evolving role of revenue managers in an industry increasingly influenced by AI and consider how best to integrate tech advancements