revenue
Hoteliers Adjust Pricing Strategies to be More Dynamic
Hoteliers’ strategic goals must include a more dynamic approach to pricing hotel rooms that can better adapt to shifts in demand, sources said. Dynamic pricing—a strategy in which prices continuously […]
5 Reasons a PMS Will Increase Your Hotel Revenue
Hotels are about the people. The people booking in for a comfortable stay. And, the people who work to make that stay memorable. NB: This is an article from Welcome […]
December Double Digit Profit Dip Punctuates Down Year for MENA Hotels
Profit per room at hotels in the Middle East & North Africa fell by 10.6 percent year-over-year in December and contributed to a 6.0-percent decline for full-year 2018, as revenues […]
Top 12 Hotel Booking Revenue Makers as Consumer Choice Rises
SiteMinder today unveils its annual lists of the channels that brought the highest total booking revenue to hotels in some of the world’s top travel destinations in 2018. Varying from […]
How to Ensure a Successful Revenue Management Upgrade
Undertaking a successful revenue-management system upgrade is all about organizational alignment around a hotel’s technology investment. Doing a little homework and finding the right balance of people, processes and technology […]
December Decline Fails to Erase Annual Profit Gains in Europe
Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive year of large gains, according […]
Final Flourish Secures Annual Profit Growth for UK Hotels
A strong finish to 2018 secured a second consecutive year of GOPPAR growth for UK’s hotels, as they sidestepped challenging economic and political conditions, according to the latest data tracking […]
Five Tips to Ensure Your Property is Ready for High Volume Events
It’s finally the week of the BIG GAME! In May of 2016 it was announced that Atlanta would be home to Super Bowl 53 on February 3, 2019. NB: This […]
The Super Revenue Management Challenge of the Super Bowl
“Good Luck Getting Rooms for Super Bowl LIII.” Headlines like this appeared in the Super Bowl Host city as early as last summer. NB: This is an article from Revenue […]
US Hotels Secure a Third Consecutive Year of Profit Growth
Good news: U.S. hotels continue to make money. Year-over-year GOPPAR growth of 1.5 percent in December contributed to a 3.4-percent annual increase in profit for hotels in the U.S., according […]