revenue

Confronted with unimaginable numbers of cancellation requests and refund claims, for the main part the industry reacted sympathetically to customers

The hospitality sector, in particular, is sensitive to current challenges in the broader economy: rising interest rates, higher inflation and a tight labor market. NB: This is an article from […]

Well-crafted descriptions of your hotel packages can help differentiate you from competitors and persuade guests to choose your hotel over others

Different booking patterns, changing guest preferences and new technology come together as hotel revenue managers work out room rates as well as upgrades

Loyalty program members has grown faster than total room supply over the past 10 years, helping to expand the potential base of guests

There are several sources of revenue leakage in the hotel industry,. Addressing these can significantly impact a hotel’s financial performance

As a hotel, your technology is essential to increase direct bookings. As an independent hotel, you’re competing against multi-million-dollar tech companies

Manual tasks take up a large amount of time for most revenue managers. Not only that, but many of these are done using unwieldy spreadsheets

From organising RFPs and evaluating leads to calculating bids and generating proposals, hoteliers can benefit from RFP response automation

Meetings and events business was up 80% year-over-year in March 2023. Here’s how to take advantage of the demand when selling hotel meeting space: