revenue
Incorporating Events into your Demand Forecasts
A couple of weeks ago, we shared 10 must-haves for a complete revenue optimization solution, at the top of that list was Accurate Forecasting. NB: This is an article from […]
MENA Hotels Challenged by Supply and Economic Concerns
Hotel profit plummeted in the Middle East & North Africa in January, as oversupply and struggling oil prices took a toll, sending GOPPAR to a 13.9-percent year-on-year decrease, according to […]
Challenging Start to 2019 for Hotels in Mainland Europe
Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as revenues dropped and costs escalated, […]
New Year, Similar Profit Story for US Hotels
Not even a government shutdown could throw the U.S. hotel industry off-kilter. Hotels picked up essentially where they left off in 2018, demonstrating a sustained uptrend in profit growth. U.S. […]
Contra or Barter Exchanges – How to Record Them and Some Tips
Contra, barter, trade outs, exchanges – they are all the same thing. Exchanging goods and or services is older than currency and it’s still used today, especially in hospitality. How […]
UK Hotels Profit Disappoint Even as RevPAR Levels Stay Strong
Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due to rising costs, according to data tracking full-service hotels from […]
Taking a Hammer to Revenue Management Pain Points
Hotel revenue strategy is constantly changing. Are you changing with it? NB: This is an article from Rainmaker Looking back on the last 20 years, the hospitality industry has come […]
Podcast: Total Revenue Management with Berner+Becker
In this podcast we talk with Pontus Berner and Veit Meier from Berner+Becker about the topic of Total Revenue Management. NB: Berner+Becker are one of our Expert Partners We look […]
Hotels Are Wasting Valuable Data Without Even Knowing It
The world is on a mission to go green and the hotel industry is joining the movement, starting with removing plastic straws from their properties, major hotel chains including Hilton, […]
Why 2019 is the Year for Hotels to Make More Money
The danger is if hotels become complacent and settle for the small gains. If ADR continues to grow at the rate of inflation while demand growth is good, what happens once demand declines?