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Micro-Weddings & Minimonies: Adapting Your Hotel for Small-Scale Celebrations
Post-pandemic couples are opting for smaller, more intimate events to celebrate their big day, either with micro-weddings or a minimony
Today’s Revenue Management Requires Non-Traditional Strategies
As revenue managers, we don’t pay attention to macroeconomics, but we really must be “glued to our screens” this year when it comes to the bigger picture
Hotel Valentine’s Day: 5 Ways to Optimize Your Hotel Website
Highlighting the perfect romantic environment of your hotel and promoting it effectively across your website will help provide a boost to direct bookings
Pent-Up Demand for Small Meetings Is Heating Up
Hotels are booking much-needed small hybrid meetings now and over the next few months by offering new technology and flexible contracts
What to Ask From an RMS? The 4 Key Points to Consider
In the heat of increasing demand, many companies have emerged that offer RMS tools and some may find it difficult to differentiate between them
5 Step Plan to Create the Perfect Guest Experience
The key to delivering your guest what they truly want is to understand them, and to do that your hotel needs to develop an initiative to get to know them
What’s Possible in the Future with Hotel Financial Statements
What if we could look at profitability buy segment and roll that up to to see revenues and the associated financial costs by market segment?
Digital Pricing Transformations: The Key to Better Margins
Many companies launch pricing transformations as a way to create value quickly and sustainably. NB: This is an article from McKinsey Indeed, pricing excellence in B2B settings—setting the right prices, and […]
Key Indicators to Watch in the U.S. Hotel Recovery in 2021
Another important deciding factor for choosing hotel accommodation is the ability to cancel or rebook without penalty, which ranked just above price
Robust Rate Strategy Needs Understanding How Profitable Your Rates Are
Getting the right rate strategy is crucial and flexibility will be needed for a while. Perhaps the days of non-refundable or advance payable rates are over