pricing
Why Hoteliers Need to Rethink Their Room Pricing Strategy
As the hotel industry begins taking steps to reinvent itself, hoteliers will need to rethink their pricing strategy to see profitability of bookings return
Using Hotel Breakeven to Evaluate Recovery Revenue Strategies (Pt2)
We look at cost implications and revenue opportunities these create and how, by understanding breakeven and modelling, you can see if they are profitable
The Pivot to Running Leaner Hotels Has Been Swift.
The lean hotels of the future will be the perfect balance of revenue and expense to produce optimal profitability. You can’t pay rent with RevPAR
Price Driven Recovery Would be a ‘Terrible Move’ for Travel
A price driven recovery from the Covid crisis would be a “terrible move” because customers are willing to spend more on travelling “better”
Vaccination Roll Out Progress Ensures Continued Positivity
Most markets are continuing to show modest signs of positivity in terms of pick up and web traffic as vaccination roll outs continue across the globe
Price Fairness and Price Identity: What Is It and Why Is It Important? (Pt 1)
In part 1 we talk about two topics – price fairness and price identity. In part 2 we will look at how these two elements feed into Customer Lifetime Value
Though Travel is Low Some Regions Show Signs of Performance Positivity
Though global travel remains stunted, some regions are showing signs of sustained performance positivity. Include AsiaPac and the Middle East on that list
Should Major Brand Hotels Consider External Revenue Management Consultancy?
Welcome to another Expert Insights discussion Today we are joined by 3 guests: 🔹 LaToya Elam – General Manager at Homewood SuitesAtlanta-Alpharetta, Georgia🔹 Connor Vanderholm – Co-Founder at Topline Revenue🔹 […]
4 Issues That Can Lower Your Hotel Forecast Accuracy
Revenue Managers may achieve top line forecasted revenue within 1-2%. But achieving a consistent hotel forecast at the segmentation level is rarely possible
Luxury Hotel Marketing Strategies 2021: Get Your Recovery Plan Underway
What is a luxury hotel online marketing strategy? Your definition must be based on a holistic approach covering both online and offline activities