profit

hotel breakeven video thumbnail to evaluate revenue strategies

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

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Maximizing Hotel Space for More Profit

Hoteliers need to look at all hotel spaces available to them, but being on-property daily can make it difficult to see the opportunities that could exist

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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

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piggy bank smashed like rate strategy can be if you don't know how profitable it is

Robust Rate Strategy Needs Understanding How Profitable Your Rates Are

Getting the right rate strategy is crucial and flexibility will be needed for a while. Perhaps the days of non-refundable or advance payable rates are over

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Top Tips to Plan for a Profitable Recovery

There are numerous of ways to ensure you’re in the best position to maximise your revenues, ready for recovery when you start welcoming guests back

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Shift Happens: How Revenue Science Adapts for a Post-Pandemic World

As with any revenue plan, successful agility is not determined by knowing what specific outcome will occur, but by understanding all possible outcomes

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Improving the Hotel Bottom Line Begins With Knowing How to Read a P&L

A hotel P&L is key to understanding strength and weakness. Hoteliers can identify areas of underperformance and tweak strategies geared to improvements

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How to Boost Guest Loyalty and Profitability Through Pricing?

Key is to build a strong loyal guest base, as this drives down customer acquisition costs significantly and increases customer lifetime value

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Which Hotel KPIs Analyze Complete Operational Performance?

Key to streamlining hotel operations for more profit is to look at hotel KPIs holistically. With benchmarking numbers in hand it’s easier

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What Are the Best KPIs for Measuring Hotel Profitability?

Using hotel benchmarking and reports to determine profitability, it’s possible to identify true value and clear the way toward higher profit

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