revenue

A successful hotel and revenue management plan must have a strong email marketing strategy and the gathering of high quality hotel guest data

The hotel which adapts and repositions based on short-term demand fluctuations but also prepares for the future, will ultimately prosper

Hotels can rent empty parking spaces on a monthly basis. Even at reduced rates, the revenue generated from these spaces could be substantial

OTAs choose which POS to show and will ensure the rates do not appear on the local POS where they know the revenue manager resides and works

Here is a collection of tips from seasoned hotel professionals which address four major departments that will be crucial during rebound phase

Currently hotels, are noticing two main groups of travellers for the autumn period thus far – over 50s and couples/groups in their 30s

The trend we are currently seeing for Labor Day reflect a positive pattern of improved booking demand compared to the earlier summer holidays

No matter what stage a hotel is at in this crisis lifecycle, deep hotel benchmarking will provide foresight to fight off financial damage

The pandemic has thrown off 2020 forecasts and limited usefulness of historical data, setting a budget for 2021 will be a new experience

Consumer budgets might be tighter and travel closer to home. Create campaigns that take account of factors influencing this festive season