revenue
Driven by GOPPAR Gains, MENA Hotels Start Out New Year Strong
Hotels profit in January was up 7.7% YOY on a per-available-room basis, driven by top-line gains, including a 3.4% YOY increase in RevPAR, which was noticeably all occupancy driven
Loyalty & Revenue Management – The Super Duo
Unlike Loyalty in most airlines, Revenue Management can look at the entire passenger landscape. Looking at every passenger – including FFP members, alliance status holders and “infrequent” flyers
Benchmarking Should be More Than Just Data Comparison
Many benchmarking, especially from third-party companies, show only comparison with comp set aggregate data. This, in addition to ensuring greater confidentiality, also allows a certain reliability
RFP Season is Over; What Now? A Business Travel Sales Manager’s Day
The end of RFP season does not mean it’s time to slow down for Business Travel Sales Managers, but instead it’s time to manage and maintain the accounts we’ve worked so hard to obtain
What Keeps a Revenue Manager Up at Night?
Dynamic revenue management strategies are the key to success, especially in competitive, fast-paced markets. That’s why it’s becoming more important for a revenue manager to…
Matter of Transparency: Resort Fees Are a Growing Source of Revenue
Hotels that charged a resort fee in 2018, the associated revenue averaged 3.3 percent of total revenue. This ratio was higher at resort hotels (3.6 percent) compared to non-resort (2.8 percent).
An Eggcellent Strategy to Increase Family Bookings this Easter
You can learn a great deal from previous years’ bookings. When did people previously book for Easter? Longer lead-in from the US market vs. domestic? What was your rough occupancy?
Negotiation-Based Pricing: The Future of Direct Bookings for Hotels
Although an ideal strategy lies in the search to earn premium revenues, combining negotiation-based pricing and attribute-based selling could counter the trend of discounted sales from indirect channels
Overbooking: The Good, The Bad, And The Ugly
Overbooking in hotels can be both good and bad, and it most certainly does get ugly, particularly with those on the receiving end of a nudge into another property or location
Operating Revenue, Expenses and Human Capital in Uncertain Times
Chances are that most properties impacted by Coronavirus will have already put measures in place to curb costs. Here are some other Revenue Strategies to consider