revenue
Analysis Outlines Differing Perspectives for 2019 Rates Negotiation
With the hotel sourcing season for 2019 corporate negotiated rates well underway, it’s expected that U.S. corporate rates will increase between 2.5 percent and 3.5 percent next year, according to […]
How to Make Your Midweek a Solid Revenue Generator
Are the weekday room doldrums getting you – and your revenue – down? Weekends will always be the busier times for the holiday-maker market. But Mondays through Thursdays can still […]
The Role of Humans in The Future of Revenue Management
“Everything we love about civilization is a product of intelligence, so amplifying our human intelligence with artificial intelligence has the potential of helping civilization flourish like never before-as long as […]
What Hoteliers Need to Know About Rate Parity
While technology has come a long way to help hoteliers manage today’s dynamic distribution landscape, rate parity remains a constant battle for revenue and distribution managers. NB: This is an […]
Late Cycle Supply Sources of the Occupancy Gap
The present hotel cycle is defying conventional expectations of late-cycle Revenue Per Available Room (RevPAR) behavior. Over the previous two cycles, recovery began primarily with occupancy. As the cycles continued, […]
The Unlimited Hotel Data Sharing Plan
With all the talk of Big Data, we are only at the most embryonic stage of establishing the interconnected hotel. In the typical hotel company, department heads still act as […]
Can You Dare to Dream of Variable Capacity in RM?
In an environment where the whole basis for RM is optimal allocation of fixed capacity, is there another way? RM forecasts demand, no-shows and allocates seats. But what if the […]
Monitoring The Increasingly Fraught Realm of Rate Parity Management?
Today’s dynamic pricing technology makes it possible to monitor rates in real-time; the days are long gone when hotel room rates were static numbers re-visited quarterly. NB: This is an […]
Will Revenue Managers Be Ready For Next Downturn?
There are at least a few industries where the price of the product is totally or substantially disconnected from the cost of production. NB: This is an article from Richard […]
Growing Wellness Revenues in Four Quadrants
While wellness has long been a primary driver for resorts and luxury properties, it is now reaching critical mass for all other segments of hospitality. NB: This is an article […]