revenue

2020 was a terrible year for U.S. hotels. Last year, thanks to the pandemic, occupancy sat at just 44%, down from 66% the year prior. NB: This is an article from Motley Fool […]

In this episode we touch on Hotel Breakeven, what it is, why it’s important and how can it help you model revenue strategies as we plan for the recovery

We know from first hand experience that when done right, the art of upselling can be fun, engaging and a genuine win-win for the guests and the hotel

The “Booking Sponsored Benefit” is nothing else but “discount for advance payment” which is applied to the customer when the following conditions are met:

Hoteliers need to look at all hotel spaces available to them, but being on-property daily can make it difficult to see the opportunities that could exist

A price driven recovery from the Covid crisis would be a “terrible move” because customers are willing to spend more on travelling “better”

No hotel revenues have been impacted as dramatically as traditional meetings and events, leading many to wonder whether it will ever return to same levels

In the hotel distribution space, the most important opportunities to encourage direct booking, and re-book future stays, occur through human interactions

Consider different upselling offers for different guest segments. In time you will find the offers which provide the best guest experience and most revenue

Most markets are continuing to show modest signs of positivity in terms of pick up and web traffic as vaccination roll outs continue across the globe