revenue
How Sales and Revenue Work Together to Avoid FOMO
The hospitality industry is in an unprecedented period of growth. However, this growth has not been driven by group. NB: This is an article from Rainmaker In the past decade, […]
6 Things Every Revenue Manager Should do in January
With just a small percentage of difference in your hotel’s RevPAR between success and underperformance, the role of the Revenue Manager (RM) is crucial to hotels. NB: This is an […]
U.S. Hotels Suffer Profit Plunge in November
Hotels in the U.S. did not have much to be thankful for in November, posting a 5.2-percent year-on-year drop in profit per room, the single biggest margin of decline so […]
How Can You Reduce Your Cancellation Rates in 2019
With consumer expectations at an all-time high, and their spending habits continuing to rise considerably, marketeers across the board are challenged with how best to keep them engaged. NB: This […]
New Year’s Resolutions for The Independent Hotelier
So, here it is; 2019. Another new year. Time to pack away the Christmas tree (unless you’re doing the whole ’twelve days’ thing), and start the new year with a […]
9 Tips for Revenue Management in 2019
When you run a property, there’s a lot to keep on top of. Sometimes it can be hard to know where to start when it comes to revenue management and […]
The Hotel Upsell: Three Suggestions To Win The Risk-Reward Game
In an experience-driven industry like hospitality, online upselling is one of the easiest strategies a marketer can use to drive additional revenue. When the guest is already committed to booking, […]
Revenue Management Resolutions: Data, Channel and Room Type Management
Budgets are complete, approved, and put to bed. Starting 2019 off right can set your full year up to success. NB: This is an article from Rainmaker Can you track […]
Break Down Silos and Build Profit in Quest for Total Revenue Management
Booby traps and secret passages, solving puzzles and venturing into the unknown. The greater the goal, the harder the journey will be, and the pitfalls are aplenty as we chase […]
7 Ways to Know if Your Current Group Booking System is Outdated
In the hospitality world, a hotel’s ability to remain ahead of industry trends can — in many ways — make or break its ability to appeal to new travelers, as […]