profit

person stacking a pile of coins much like hotels need to upsell to increase revenue in 2022

Putting Upsell Revenue Contributions into Context

Every traveler has a maximum value they can offer your hotel and upselling can help capture this and in turn increase overall revenue and profitability

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Embrace Remote Work And Increase Your Hotel Bottom Line

Remote work is already having an impact on the hotel industry, and this trend will continue. I recommend embracing it, it will increase your bottom line

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Hotel Profitability Improvement For Most Of The World

In measuring that recovery, 2019 data is the benchmark, hoteliers can gain key context for the amount of profitability they are recapturing

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Why Some Hotels Fail And Some Make Good Profit

Another significant difference that made one hotel count good bucks and other hope for it was their hotels pricing and revenue management strategy

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Revenue Management Value = Metrics, Marketing & Profitability

Revenue management revolves around what customers from different segments are willing to pay, by measuring and monitoring supply and demand

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Hotel Profit Climbs Higher, But Could Delta Derail It?

Global hotel performance is improving month by month. That’s good news. The more pressing concern is if it will remain – the hotel industry is still fragile

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Why GOPPAR Provides a Much More Complete Picture

A focus on gross operating profit per available room, or GOPPAR, is the key performance indicator that delivers and why RevPAR just does not always cut it

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To Rebuild Hotel Profits Begin With Guest Personalization and Smart Data

Hoteliers must ensure they adopt a smart data strategy that is seamlessly able to provide actionable insight from the moment a guest books and arrives

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Modern Hotel Financial Statement Features (Part 1)

We should produce enhanced financial statements with just a little more detail added that will greatly assist you in effectively managing your hotel

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A Year Later, the Hotel Industry Recalibrates, Reassesses

Just over a year after the pandemic, the global hotel industry is slowly stirring from hibernation and seeing at least modest gains in traveler demand

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