revenue
How Hotels Use Big Data to Maximise Profit in 2022
Data is the most valuable item in the world. NB: This is an article from inTouch Companies around the world use massive amounts of data to gain visibility into their […]
How to Do a Breakeven Analysis Using REVPAR
It is important to note that it is the REVPAR that achieves the profit, not singular occupancy or rate, but rather the combination of both
14 Hotel Pricing Strategies for Effective Revenue Management
From rate level distribution and occupancy-based pricing to discount codes and upselling, we look at pricing strategies to fit each hotel and market
How Your Conversion Rate Is Affected By Parity Performance
How much additional direct revenue could you capture if you lowered the number of parity violations and proportionally raised your conversion rates by 56%?
We All Know ‘BOB’ Or To Give His Full Title: “Business on the Books”
To answer my original question, ‘do we love BOB?’ The answer is a resounding YES! But should we trust him? Most definitely NOT!
Why Do Some Hotels Have 15%-40% Higher Revenue Than 2019?
The research below shows hotels that have consistently implemented revenue management methodology are exceeding their 2019 numbers by 15%-40%
Why Dynamic Pricing Might Be Right For You
Only a small percentage of businesses have incorporated dynamic pricing. Gauge whether it is right for you and ensure you do not fall into common pitfalls
Hoteliers Looking to F&B as Source of Profit Again
Breaking away from the traditional hoteliers’ approach and a mindset shift will help steer hotel F&B closer to its former glory
Macro-Level Obstacles Little Match for Global Hotel Industry
Consumer costs for everything, including hotel rooms, are up. The list is long, but consumers are still, it appears, willing to put it aside to travel
Using Rate Intelligence for Revenue Management
Analytics is the bread and butter of revenue management. Provided in real time and conveniently visualized, it’s key to succeeding at the following tasks