revenue
Why Should Your Hotel Manage Online Real Time Bookings?
Real-time reservations are one of the easiest ways to increase profitability through upselling and paying less commission to third party reservation sites
Negative Flow Through, What Is It And How To Measure It?
In negative flow-through, revenue is positive, but GOP is negative. It can also be where revenue is increasing, but profitability ratio is in negative state
Pricing Power No Longer Following Demand Post Pandemic
Luxury hotels may be leading rate recovery, but pricing has reached pre-pandemic levels extremely rapidly, with all six classes reporting ADR highs
Proof Automated Upselling Improves Your Guests Experience
We figured that the best way to see how happy guests are with their upselling experience is to go directly to the source: Hotel Guest Reviews
How Often Are You Being Undercut On Metasearch?
What constitutes good parity health on metasearch? How often do direct prices tend to be undercut by OTAs on meta, and what benchmark should you aim for
Take Advantage Of Changing Booking Behavior Before Your Competition
Make forward-looking demand signals, such as monitoring of booking behavior part of the data set that informs your pricing decisions
Why an RMS Will Never Replace Human Revenue Managers
Just as search engines evolved thanks to software engineers, the predictions of an RMS develop based on the understanding of data revenue manager’s input
Hotel Occupancy Leaders Appeal to Both Business and Leisure Travel
Hotel RevPAR looks to be on steady footing; however, a look at RevPAR contribution shows a greater influence from ADR as opposed to occupancy in many areas
How to Build the Ultimate Distribution Technology Strategy for a Casino Resort
The biggest winners in the casino resort market are those that reduce customer effort while delivering the best experience both digitally and in person
5 Steps to Effective Restaurant Revenue Management
If you’re building a strategy to maximise your hotel restaurant’s profitability, you need to understand the revenue performance of your restaurant currently