revenue
A Hotelier’s Guide to Major Events: Lessons from London
Major events across the planet – from the Olympics to the World Cup – provide area hoteliers unique opportunities to capitalize on increased demand and maximize revenue with huge potential rewards.
Fuel Revenue and Fill Need Dates With Paid Social Media Campaigns
Every hotel has the dreaded and unavoidable period where bookings slow down and revenue drops. This low booking period varies depending on the hotel. NB: This is an article from […]
Revenue Management Trends at End of The Decade, or Hindsight 2020
Revenue Management has played an increasingly important role in hotelss this last decade. Following are RM trends we’re noticing in the world today, as we conclude the current decade.
RevPAR Up, GOPPAR Down at Hotels in Mainland Europe
Despite European hotels seeing a 0.9% YOY increase in RevPAR, coupled with 0.4% growth in TRevPAR, GOPPAR for the month turned negative, down 0.8% YOY.
Year of Profit Growth Continues at U.S. Hotels
Any concern over a weakening U.S. economy has not infiltrated U.S. hotels profit. GOPPAR increased 1.4% y-o-y in August, matching RevPAR growth, which also provided a 1.4% gain.
Hotel Start Up: 6 Steps to a Correct Revenue Management Strategy
It is important to dynamically re-evaluate the Revenue Management strategies initially identified during the pre-opening phase, with what is actually being achieved.
GOPPAR Grows Slightly at UK Hotels in August
Profit per room at UK hotels increased year-over-year for only the second time this year, but hoteliers will take it.
MENA Hotels Profit Losing Streak Continues
August marked the 12th consecutive month of profit decline at hotels in the Middle East & North Africa, as profit per room fell by 7.0% year-over-year to $58.06.
7 Tips to Optimize Your Hotel’s Revenue Management Strategy
Effective revenue management requires a multi-faceted approach. Here are seven revenue-management tips that can go a long way towards helping you to optimize your strategy.
Podcast: Revenue Management Forecasting – The Why, How and What.
In this podcast we talk with Pontus Berner and Veit Meier, from berner+becker, about the topic of Forecasting and why it is an important aspect of your Revenue Management strategy. […]
