revenue
Has Your Revenue Team Made Leap to Access Untraditional Data Sources
The revenue team were paying much more attention to search data, for what dates, for what lengths of stay, and with what level of conversion?
Budgeting Season is Here: Oy Vey! But It Doesn’t Have To Be
Zero-based budgeting is a way to deal with instability. It’s a method of budgeting in which all expenses must be justified on each new period
How to Not Lose Money Using OTA Discounts!
There is no ideal solution to this problem. Getting the maximum benefit from the discounts will mean giving away control to the OTA
The Future of The CRS: Digital Marketing Connectivity and Open APIs
With the CRS serving as the core of every hotel’s revenue and distribution strategy, there’s potential to build the platform of the future
10 New Creative Room Types to Boost Revenue
As you decide which room types to test, reach out to local journalists. Many have been covering the “work from hotel” trend and are interested
Gap Between Revenue Management and Marketing Smaller Than You Think
The hotel industry talks ad nauseam about the gap between revenue management and marketing. We talk about how important it is to close the gap
Why Tracking RevPAR Only Is a Recipe for Failure
Relying on RevPAR alone can cause major problems for hotel decision makers. Luckily, there’s a much more reliable recipe for hotel profit
Revenue Manager Crisis Checklist: Daily, Weekly and Monthly Tasks
Veit and Till have put together a checklist of Daily, Weekly and Monthly tasks Revenue Management professionals should doing during the crisis
5 Ways to Optimise Your Room Upgrade Strategy
Take the manual work out of optimising the upselling of your room upgrades and focus on perfecting your guest communication
Can Hotels A/B Test their Rates? OTAs Can…
Why would we need to A/B test in Revenue? What exactly can we try to test? I actually never thought of testing rates when doing Revenue before