revenue

11 Hotel Revenue Management Terms Explained

Conversion. RevPAR. GOPPAR. If you’re still getting to grips with promoting your property online, the number of technical-sounding terms can be off-putting. But it doesn’t need to be that way. […]

Read more

7½ Habits of Highly Effective Hotel Revenue Managers

As a consultant for Hotel Revenue Science I’ve had the opportunity to work with many Revenue Managers. I have interacted with RMs working in large brands, franchises and independents. My […]

Read more

5 Reasons Why Image Reviews are Key to Revenue Generation

A Management Review Tool is an essential component of a Hotelier’s toolkit. With the evolution of online reviews, on-site plugins and social media, hoteliers have to constantly look at the […]

Read more

Occupancy Does Not By Its Nature Grow Average Daily Rate

Occupancy does not by its nature grow average daily rate, and industry experts said revenue managers and GMs must fully rely on rate increases independent of occupancy. Panelists at the […]

Read more

Understanding Future Demand For Better Operational Forecasts

Recently, we released five revenue management hacks. These hacks are designed to be simple things you can put into place whether you are using automated tools or working in a […]

Read more

Yield Management: Offensive and Defensive Strategy

Many markets in the U.S. have experienced substantial increases in inventory, with some recording year-over-year supply increases of 5.0% or more. Thus far, occupancy levels have generally remained strong, as […]

Read more

black and white picture of man sitting next to old technology depicting how a hotel is slow to invest in rms technology

Revenue Management – Why Automation Rocks

I write this article as the founder of revenue management system, Right Revenue. However, I promise this is not some veiled attempt at promoting our system. It is however a […]

Read more

The Fundamental Problem with Hotel Group Revenue Management

“The meetings and events industry is thriving,” says Issa Jouaneh, senior VP and GM of American Express Meetings & Events. Companies are recognizing that meetings engender growth within their organizations. […]

Read more

Revenue Managers Look Beyond Industry For Inspiration

Hotel revenue management is an evolving discipline, and as part of that evolution, revenue managers are looking beyond the hotel industry to see how others are doing it and figuring […]

Read more

5 Ways to Use Big Data Effectively

When it comes to using industry data and revenue technology for sustainable channel execution, management and results, hotels need to not only prioritize the right types of big data, but […]

Read more