profit

AI, particularly machine learning, brings a paradigm shift in revenue management. Here are some ways in which AI is transforming the industry

In a dynamic environment, the key to surviving and thriving requires a focus on three areas: Revenue Enhancement, Team Motivation, and Profit Maximization

The concept of free-flowing food and alcohol might seem risky or profit-averse; however, there are key features of the all inclusive model which allow resorts to report impressive margins

Profitability management is about balance. This holistic approach aims to secure not just short-term gains but long-term growth and financial stability

Successfully navigating the balance between managing touroperation allotments and safeguarding the transient segment is an intricate endeavour for hotels

Understanding your hotel’s financial performance involves thorough analysis of your balance sheet and what is often called your income statement – more commonly referred to as your P&L statement. NB: This […]

P&L data enables you to supplement key top-line metrics and measure impact of top-line decisions on profitability relative to competitive sets

Here are six common pricing mistakes hotels make when they don’t rely on revenue management to guide their profitability

There are two important aspects of guest value: share of wallet and time. It begins with determining what the economics of the guest look like

Grow your hotel’s profitability and digital presence by mastering online review management. Explore practical strategies, understand the guest perspective, and leverage reviews to market your establishment in the digital landscape