revenue
Sizing Up Your Hotel’s 2022 Comp Set
While determining the right comp set has always been crucial, it is vital to remain competitive now given our current uncertain market conditions. NB: This is an article from IDeaS […]
Average Room Rates Reached New Heights for UK Hotels in 2021
Despite some bumps along the way, 2021 saw some of the best performance metrics ever, with room prices reaching levels never previously seen in some markets
6 Hotel Marketing Tips For Valentine’s Day
By understanding what your hotel guests want and how to get your messages in front of them, you can create successful Valentine’s Day promotions
5 Sales Strategies to Win More Business in 2022
Many questions are on the minds of hospitality leaders as they think about 2022 and strategize new, creative ways to generate revenue. NB: This is an article from Amadeus While […]
11 Myths in The Hotel Industry Debunked With Facts and Figures
The hotel industry is filled with a lot of misconceptions. Most of them are due to a lack of knowledge and clarity about those topics
Willingness to Pay, Demand and Elasticity
A willingness to pay approach focuses on targeting direct channels, customers, and opportunities as a mix. By optimizing your mix, you optimize your revenue
Automated Forecasting of True Inventory Availability
Until recently upsell software solutions did not check inventory availability. They were simply offer systems collecting requests for later manual approval
It’s 2022, but the Same Problems Persist for Hotels
A trickling back of demand complemented by a rate strategy that is a departure from the past. Hotels held rather than slash rates, a beneficial strategy
Five Easy Tips to Drive Revenue With Local Staycationers
With Covid variant surges still impacting international travel, hotels and resorts need to get creative and think local to keep generating revenue
Traveler Intent Shows Willingness to Spend More on Travel in 2022
Year-end sentiment and search data shows ongoing demand for travel remains high. Who benefits from the tourism demand?