Average daily rate per room values has experienced greater growth in the last 3 years, but will price continue to grow rapidly? Will there be a correction?
We follow up on a recent article outlining some of the revenue management practices that could be considered to run a little close to unethical
While transitioning from legacy systems can be challenging, adopting attribute-based selling offers a promising avenue for hotels to increase profit
By incorporating these creative revenue strategies, you can boost your hotel’s bottom line but also create memorable guest experiences
Discover how to accurately calculate and analyze your hotel’s fixed and variable costs to make informed pricing decisions, and get our free Excel tool to simplify calculations
Hoteliers can strategically use rate types to optimize revenue and occupancy levels, while guests choose the rate type that suits their plans and budget
Why would you expect your discount-based loyalty program to increase your ADR? It’s counter intuitive and mathematically impossible
Strategic use of competitive hotel rates in revenue management is a powerful tool to drive revenue growth and foster business development