revenue
Avoid Sales CRM Overwhelm and Focus On Three Important Things
So many hotels underutilize their sales CRM. Developers of these systems have made them so complex that the basic, most important functions are buried
Rethink Your Hotel RFP Process to Win More Bids
If your sales team responds to every RFP without prioritizing high-value leads, you could waste time and lose inbound business
The Hidden Costs of Hotel Capacity Driven KPIs
Capacity-oriented KPIs have become the norm for performance evaluation in the hotel industry but this focus can lead to financial short-sightedness
How New Californian Legislation Will Impact Hotels
Complying with this legislation is crucial for hotels to avoid penalties and maintain a competitive edge. To make it easy, here’s a comprehensive overview
Spa Revenue Management: The Art of Pricing Optimization
There are a number of pricing levers including dynamic, real time, advance, and last-minute pricing strategies that can be used to build your spa revenue
How to Set Seasonal Pricing to Maximize Hotel Revenue
It’s about familiarity with occupancy and its relationship with revenue. If you find that sweet spot, you can maximize revenue and stay profitable
Revenue Management Evolution: From Intuition to Data Driven Decisions
Clever hoteliers invest in technology whilst mentoring their valuable team members to allow them to grow and expand their revenue knowledge
Mastering Hotel OTAs: 8 Ways to Overcome Pain Points
While some unique properties can thrive by cutting out third parties and going direct, most hotels rely on OTAs, especially during the low season
Revenue Managers are Superheroes
The primary role of every revenue manager is to perform analyses, provide recommendations, develop strategies, or respond to ad-hoc requests
Unlocking Efficiency and Revenue: Deep Q-Learning
In revenue management, the search for optimal pricing strategies is perpetual. Traditional supervised learning models have limitations, especially when historical data is sparse