revenue

Consider every element, try and test a variety of hotel pricing strategies. See what works best and remember to look back on how you’ve done

The most significant pandemic effect was on mid-week occupancy, especially during the fall and winter months when most leisure travel slowed

Dwindling profit appears to be a function of unrelenting expenses, as revenue, however small, continues to show month-to-month improvement

Growth in ancillary revenue POR, plus a 5.6 percent ADR increase, resulted in a 7.3 percent gain in total operating revenue POR for resorts

Revenue management decision making is influenced by many factors, making it a complex speciality; most independent hotels are missing out

Budgeting for 2021 is a new horizon for us all. Financial planning is not business as usual and crafting the perfect budget is challenging

There are many ways to apply the forward thinking principles of attribute based selling through different channels for example, upselling

Key takeaway is to leverage QR codes that will drive interaction which impacts a hotel’s satisfaction scores, reputation, and even revenue

Should hotels that have been advertising successfully on the more familiar Metasearch PPC model switch to risk free Metasearch PPS instead?

Hotel teams have been forced to collaborate more efficiently and more effectively. Working off of common upper funnel data sets is a must