profit
Why an RMS Is Not Enough: Hotels Need a Profit-Oriented Approach
Where consumer expectations and industry landscapes continually evolve, sticking to a single-dimension strategy like an RMS for room revenue is insufficient
How to Increase Repeat Guests at Your Hotel
Customer retention is the secret to healthy growth and profitability – it’s also how you turn guests into brand ambassadors
Building the Profit-Oriented Revenue Management Framework
The market dynamics are ever-evolving, as a CEO, this shift from revenue maximization to profitability optimization is the key to long-term success
Strategies for Increasing Profits: Empower Your Hotel Salespeople
We explore the difficulties hotel salespeople face, how various tools can aid them in overcoming these obstacles and optimizing their profits
Maximizing Hotel Profitability: Discovering Your Most Valuable Guests
It’s not always about filling every room every night; it’s about attracting and retaining guests who bring the most value to your hotel
Navigating Profitability: Crucial Role of Customer Acquisition Cost
Understanding and effectively managing Customer Acquisition Cost (CAC) is critical to profit-oriented Revenue Management
Time to Shift from Revenue Focused to Profit Oriented Revenue Management
Is your revenue manager still stuck in the 1980ties, or did you invest in developing the revenue management team, tools, and technology to capture profit?
8 Non-Negotiables for a Profitable Hotel Distribution Strategy
With the rise of online travel sales and influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape
Hotel Profit Leaks: Effectively Manage CAC and Employee Turnover
Customer Acquisition Cost (CAC) is a critical metric, particularly in the hotel industry. Unfortunately, CAC is a hidden cost and hard to manage in hotels
TrevPAR and It’s Impact on the Future of Hospitality
While everyone agrees that TrevPAR is an important metric for benchmarking against competing hotels, decisions aren’t made off of TrevPAR
