pricing

While we should celebrate the improvement in hotel performance, we also need to remain realistic that we are a way off from the performance we saw in 2019

There will be a move away from commission structures and non-direct channels as hotels adopt an open pricing methodology using dynamic revenue tactics

People are starting to be concerned about compression. Events that weren’t cancelled for 2022 are still on the books, add in 2020 and 2021 rebooks

Let’s take a closer look at what data analytics are, how they affect the various aspects of a restaurant, and how you can use them to increase your revenue

Forecasting uncertainty is important for pricing and it’s important for the cost-benefit analysis that an RMS needs to make on behalf of the clients

Before we look at various ways to increase RevPAR at your hotel, we will pause for a while to see how RevPAR is directly proportional to ADR

While some destinations may take longer to experience sustained occupancy and revenue growth, to think RevPAR is suppressed in all markets is not accurate

We reflect on changes in the German hotel market over last 3 months. Touching on different regions, inbound travel, groups business, pricing and compsets

Growing your restaurant average check size is not just making guests spend more, but also making sure those who already spend a lot come back more often

Ultimately, price is only an issue in the absence of value. By demonstrating value, hoteliers can give their guests the extra nudge to book their stay