profit Archives - Page 9 of 14 - Revenue Hub profit Archives - Page 9 of 14 - Revenue Hub

profit

4 glass jars filling up with coins reflecting the importance of hotels moving beyond adr and adapting a holistic revenue management strategy to increase profitability

Attribute Based Pricing: Grow Revenue and Improve Guest Satisfaction

Attribute based pricing is establishing itself as the future of hotel booking. It’s a highly effective pricing strategy to drive revenue and increase profit

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Six Revenue Management Trends to Watch

It looks like 2023 will be another year of increased tech adoption, as hotels continue to look for ways to drive revenue, efficiency and boost profitability

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Understanding Your Best Hotel Distribution Channels is Key for Profit

The right distribution mix for your hotel will depend on who is your target audience, what other hotels in your comp set are doing, and your overall budget

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coins being stacked up to reflect how hotels can still increase their adr with the right focus

The Revenue Management Approach To Hotel Costs And Quality

This article offers a guide to revenue management analysis to give you ideas on improving your hotel’s profitability

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4 glass jars filling up with coins reflecting the importance of hotels moving beyond adr and adapting a holistic revenue management strategy to increase profitability

How to Measure Your Hotel Profitability

Understanding hotel profitability ratios isn’t always straightforward because you may not have all the information you need to understand your ROI or ROE

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The Digital Transformation Paradox of Hotel Technology

It can’t just be about having the newest and shiniest technology, your choices must also positively impact the bottom line and digital customer journey

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Should Investors Expect Hotel Incomes to Keep Pace with Inflation

Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits

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How Changes in Occupancy Affect Strategies for Maximizing Profit

Hotel owners and operators need to understand how changes in occupancy post covid affect strategies for maximizing  profitability

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Impact on Revenue, Profit and Reputation of Ineffective Maintenance ssp video discussion thumbnmail

Impact on Revenue, Profit and Reputation of Ineffective Maintenance

We look at the impact of ineffective maintenance prevention on hotel costs, guest satisfaction, future revenue and, ultimately, hotel profit

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icons of people being circled with a red pen reflecting importance for hotels to achieve revenue success by focusing on individual customer experience and the role of hyper personalisation

Key to Today’s Revenue Success: Individual Customer Profitability

Focusing on individual needs, Revenue Managers are able to migrate their focus from ineffective typical pricing strategies to customer profitability instead

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