revenue
5 Promotional Rate Strategies to Boost Hotel Revenue
Used the right way, promotional rate strategies are very effective for generating bookings and buzz, so let’s take a look at some and when best to use them
ROOMDEX, a Hotel Upsell Innovator, Partners with Valencia Hotel Group
ROOMDEX hotels have reported an average of $65 of additional room product upsell revenue per up-sold stay since using the hotel upsell tool
Upsell With Personalised Add-ons
Add-on options are only found on your own website and once discovered you’ll find your guests want to book direct for this extra personalised service
The Role of On The Books Data in Revenue Management
Despite the many changes the hotel industry has undergone, one aspect remains the same, on the books data still plays a vital role for commercial teams
How Your Guest Data Platform Becomes Your Direct Booking Platform
This explains the benefit of a Guest Data Platform in relation to your new customer acquisition strategy and how it can strengthen a direct booking strategy
How to Use Future Demand Data and Optimize Revenue Management
We know previous hotel revenue management strategies can no longer be used as a guideline as the industry rebounds and restrictions continue to wreak havoc
The 6 Quadrants of GOPPAR
GOPPAR is the new measurement everyone is talking about but it is a bit more complicated than REVPAR. You have six pieces to deal with not two
Hotel Revenue Management in a Time of Great Change
This white paper examines the tasks associated with revenue management and the reasons why the function was often burdened with workload issues
Your Hotel’s 2019 Performance Lays the Foundation for Your 2022 Forecast
Any hotel which maintained underlying principles of revenue management throughout the pandemic are stronger and poised for profit as travel ramps up
How to Survive Inflation: A Roadmap to Pricing Success
Inflation’s impact is typically offset by raising prices and passing on costs. However, inflation dramatically increases a customer’s price sensitivity