revenue
10 Ways to Mend Fences Between Revenue Management & Sales
Far too often, there’s a disconnect between revenue management and sales that takes place. Consider implementing these 10 ways to mend fences between these two teams.
Can GOPPAR be an Alternative to RevPAR for Hotel Performance?
GOPPAR gives greater insight into the actual performance of a hotel than the most commonly used RevPAR as it considers revenues generated but also operational costs related to such revenues
Growth of Non-Gaming Revenue in Casinos
Casinos were once a place that comped shows, rooms, food and drinks to entice people to gamble, which is how they made most of their revenue.
A Rough Start to the Final Quarter of 2019 for UK Hotels
The 5.3% YOY drop in GOPPAR in October was only surpassed by the 9.4% plunge recorded by hotels in April, and marks the seventh month in the year to record a YOY contraction in profits.
Big Events Coming to Town? Time for Proactive Revenue Strategy is Now
A holistic forecast that can segment business accurately will help identify which customer segments to go after, inform strategies to increase ancillary revenue, and highlight upselling opportunities
10 Reasons Science Based Revenue Management Trumps Rules Based
In the past, hotel revenue managers relied on rules based systems to handle revenue management tasks. To drive higher revenue results, hoteliers must turn to the capabilities of science based RM
The Roaring Twenties 2.0: Revenue Management in the 2020s
As this decade quickly comes to an end, the entire hotel industry is bracing for disruption. What is needed now is vision, strategy, and guts. NB: This is an article […]
13 Top Hotel Revenue Management Strategies to Adopt in 2020
Every year, you may be applying several strategies to increase your revenue. But, often some strategies work while some do not. NB: This is an article from eZee Absolute And […]
The Best Market Mix During High and Low Occupancy
In order to drive the most revenue possible at your hotel, it is important to adjust your market mix according to periods of high and low occupancy. Here’s how to […]
Navigating the Crossroads of Forecasting on Way to Greater Profitability
How’s that forecast coming along? It’s an age-old question in the hotel business, born of the need for regular updates on revenue projections and our tendency to procrastinate. NB: This […]