revenue
What Challenges Will You Face When Implementing a Revenue Strategy?
Implementing a solid revenue strategy comes with challenges, as we’re sure you’re aware! So, where do the challenges come from? Well they’re internal and external.
After String of Profit Woe, MENA GOPPAR Jumps in September
MENA hotels have cause for celebration. After 12 consecutive months of y-o-y profit decline, GOPPAR was up 10.9%, buoyed by a 4.9% rise in occupancy and an uptick in f&b revenue
How to Use Hotel WiFi to Boost Revenue and Increase Guest Loyalty.
Hotel WiFi isn’t only great for guests. For every hotel, WiFi increases revenue opportunities, as well as ways to boost CRM efforts with data-rich guest insight
8 Powerhouse Benefits of a CRM & RMS Integration for Hotels
When a CRM and RMS solutions are synced, you can create one-of-a-kind experiences guests crave, while also moving the needle for every revenue source at your hotel
How to Take the Guesswork Out of Competitive Intelligence
What can take the guesswork out of competitive intelligence so hoteliers can start making smart, quick decisions that drive revenue and profitability? Consider these four key elements
Challenges for Airline Revenue Managers Beyond 2020
Airlines face several static and dynamic challenges for which revenue managers are required to recalibrate their strategy in real-time. This brings a growing need for fresh data delivered quickly
3 Lessons Learned from Looking at Aggregate Hotel Rate Data
To access even more actionable rate data, many hotels are turning to rate intelligence platforms, which allow revenue managers to monitor and respond to more granular competitor data in real-time
The Definitive Guide to Calendar Shifts and US RevPAR
Looking back at the last 19 years of data, we feel that we can estimate the calendar-shift impact with some precision and estimate the demand and RevPAR impact on monthly performance results
Think Like a Revenue Manager: 5 Tips to Up Your Group Business for Profitability
If sales and revenue management can understand what they each value in their decisions, together they can better support one another and achieve the overarching goals of the hotel.
5 Tips for a Successful Budget Season
As hoteliers across the land prepare are in the midst of another budget planning season, consider these five tips to help ease the process, and guide you into a successful 2020 season.