revenue

Because generating revenue is critical to future success, more responsibility should be placed on the teams and individuals who affect incoming revenue most

Where hotels are concerned, Cyber Weekend is an ideal opportunity to increase occupancy during low periods and shoulder dates, and increase voucher sales

Revenue management revolves around what customers from different segments are willing to pay, by measuring and monitoring supply and demand

Most brands and some management companies have performance clauses in their agreements with owners that indicate a level of REVPAR index to be maintained

Many organizations believe that only tangible factors can be used in the value-based pricing calculation; this is far from true

Hotels are awash with valuable structured and unstructured data providing profitable insights that can help revenue managers create forecasts

The cold hard truth is arriving with the chillier weather: global hotel performance has a ways to go before it’s back to its former self.

Although the future is looking much brighter and hotel business worldwide is seeing significant growth it’s crucial to apply lessons learned post pandemic

There is a healthy range of revenue risk that lies somewhere between a careful analysis of historical trends and market projection topped with some optimism

There is a major shift going on in the market. For the foreseeable future, flexible rate strategies are on the rise and non-refundable rates are being cut