pricing
Flow-Though: What Does it Mean and How Does it Work
Flow-through in the hotel industry is fundamental to understanding how profitable your business is, especially across all the different departments
Focus More on Room Upgrades – 5 Ways to Maximise Conversions!
It wouldn’t be hyperbole to say that you should never underestimate the value that room upgrades bring to your business, notwithstanding your guest!
Truth Behind Parity Performance Affecting Conversion Rate
When the hotel direct price was higher than OTAs, conversion rate was 2.98%. When the direct price was same or lower, the conversion rate shot up to 4.66%
Hotel Performance Ends on High Note for Q1 2022
Hotel performance ended strong with March profit surging across most global regions, a sign of stronger revenues and better conversion rates
Top Three Challenges Faced by Hotel Commercial Teams in 2022
For those building a comprehensive commercial strategy, trying together the econometrics of cause and effect is the icing on the cake
3 Tips For Attracting Maximum Market Demand
The hotel industry has undergone drastic changes in last two years, we have seen a change in demand trends that require us to review our strategies
Rate Parity and Flexible Rates No Longer Enough to Drive Direct Booking
If prices are identical on OTAs and the hotel website, nearly 70% of respondents prefer to book on OTAs, and only 30% prefer direct booking
How Can Insights & Alerts Increase Revenue, Profit & Market Share?
The concept of insights and alerts seem straightforward, but most BI solutions haven’t perfected the art of delivering relevant information efficiently
Revenue Management Taken on New Dynamic Post Pandemic
The underlying aim of revenue management hasn’t changed. But in this complex landscape, pricing has become more analytical and highly dynamic
For Hotels, Revenue is the Sprint, Profit is the Marathon
RevPAR doesn’t pay the rent. Revenue is part of it; profit is the whole of it. For hotel owners, the whole is where the rubber hits the road.