Podcast: Why 2020 Should be the Year of MICE Revenue Management
The topic for this podcast discussion is MICE Revenue Management – what are the challenges and why this should be a much higher priority for hotels with meeting and events space
Examining Trends in Rate and Revenue Management
Although a sophisticated system can recommend an ideal rate, the human element is still crucial, especially when it comes to a hotel’s overarching rate and revenue management strategy
5 Things to Include in Your Hotel Performance Strategy
As you map out your hotel performance strategy, remember that there’s more to financial capital than what you’re bringing in with a traditional hotel revenue strategy
Does Pre-Stay Upselling Cannibalise Front Desk Upselling?
A common worry is that pre-arrival upselling cannibalizes front-desk upselling, thus reducing the receptionists’ chances to upsell guests. But does that actually happen?
Beyond Heads in Beds: Hotels Can Optimize Profits in Innovative New Ways
As technology and consumer behavior evolves, all businesses find themselves at the forefront of change and, certainly, hospitality is no exception. NB: This is an article from ResortPass Disruption is […]
10 Reasons Why Your Hotel Should Have a Loyalty Program
Loyalty programs together with customer service, user reviews, and an easy to use website, are all factors that the majority of travelers consider when making their next reservation.
Pricing Woes? Make Ideal Pricing Your New Reality
A hotel’s profit margin depends largely on revenue from a great pricing strategy. It’s essential hoteliers thoroughly evaluate pricing options to determine what’s best for their hotel and guests.
An Independent Hotelier’s Guide to Upselling & Cross-Selling
Upselling and cross-selling are important strategies adding value and increasing customer loyalty. When implemented successfully you should see increased ADR and incidental revenue too.
How to Increase Revenue From Wellness Activities
Destination spas tend to track per person occupancies and package rates rather than room revenue, which is reflective of how the product is constructed for the intended guest experience.
Changes to Gift Voucher Sales: Everything you need to know for 2020
There has been a huge increase in the demand for gift vouchers across the festive period and it’s no surprise that a hotel voucher is increasing in popularity year on year.
