revenue
5 Key Points on Spain & Portugal Hotel Performance
Spain hotel occupancy levels are starting to show signs of slight recovery after lifting restrictions. The market saw it highest occupancy level on 11 July
Flexibility in Reservation Times can Increase Restaurant Revenue
Restaurants that allow diners to book reservations on a flexible schedule can increase revenues by up to 21 percent over those that use rigid timings
Now is the Time for Hotels to Bring Revenue and Marketing Together
We discuss how the crisis has shown once and for all that Revenue and Marketing (as well as Sales) must work more closely together
Road to Recovery: Planning for a Marathon, not a Sprint
The unpredictability of new outbreaks has stymied any hopes of a quick rebound in travel and has made it difficult to forecast a recovery trajectory
How Will the RMS Evolve to Move Revenue Management Forward
We explore how the RMS is evolving and what additional data sets are being integrated to enhance price forecasting and revenue management
Multiply Upselling Opportunities and Boost Your Visuals Game
As you know, an image has the ability to prompt strong emotions, which are powerful agents for action. Happy photographing!
Rising Above Revenue Restraints Toward Total Profit Optimization
Hotel revenue managers need to figure out how to stack the right building blocks to forecast accurately, price with confidence, and maximize profitability
Breaking Even and the 5 Stages of Grief
The first break-even analysis we ran focused on total revenue, taking into account not only revenue generated from rooms, but also ancillary revenue
Forecasting in a Time of Unknowns
With the advent of the ‘new normal’, hotel owners and operators must begin considering the various financial and operational scenarios in their forecasting
Road to Recovery Comes Through Strong Revenue Strategy
There has always been a modest degree of disconnect in the expectations of senior leadership and the deliverables of a revenue manager