revenue
The Changing Nature of Supply and Demand in Hospitality
No segment in hospitality is safe from demand drought. If there is no chance of making profit, wait it out, if there is chance of staying afloat, act on it
The Paradigm Shift in Revenue Management with Future Demand Data
Creating forecasts based on future data sources is a paradigm shift in revenue management and, truly, the future of how hotels will price their rooms
These Strange Times Call For a New Breed of Revenue Manager
So here’s to the real roaring ‘20s. A reimagined landscape with tremendous potential for the future of the hotel industry and revenue management
2020 Revenue Management: What we Learned, Abandoned and Will Keep
Traditional revenue segmentation is dead and traditional marketing targeting is dead too. Long live combined segment/target customer profiling!
How Revenue Management can Support your Hotel’s Cash Flow
Revenue management is playing a central role in strengthening a hotel’s cash flow and financial position by driving top-line and cash position of the asset
How Hotels are Using Gift Vouchers to Generate Revenue Right Now
One way that Hoteliers are capitalizing on the built up appetite to travel is through offering gift vouchers. We explore why this is the case
Navigating the 2021 Hotel Budget Season
There’s an acute need to look at every dollar within this year’s budget and medium-range forecast, focusing on keeping cash burn down
14 Highly Effective B2C & B2B Hotel Sales Strategies
We work with inventory that is time dependent. developing an effective sales strategy must work hand in hand with revenue management theory
Profit Plunge Has Global Hotel Industry Looking to Brighter 2021
The hotel industry is still feeling and reeling from the pandemic sting, though vaccines could be the antidote to spur devitalized demand
How Future Demand Data Can Solve Revenue Management Challenges
To collect and analyze all this data, a BI tool is key. It would be impossible for any revenue team to handle this volume of data manually and in real time