revenue

monopoly hotels on piles of coins which are increasing in size to illustrate increasing value of hotel upselling

Data Quality Vital To Total Revenue Forecasting

Total Revenue Forecasting (TRF) enables hotels to get a better picture of both rooms revenue and ancillary revenue in order to plan more strategically.

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Group Business Threat or Opportunity Room Type Displacement Model

PODCAST: Why Market Segmentation is Crucial to Your Revenue Strategy

In this podcast we talk about the topic of Market Segmentation and why it is so crucial to developing a strong Revenue Management strategy.

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How to Create Your Hotel Competitive Set Analysis?

Knowing who your hotel competitors are is essential for your hotel marketing strategy. Below you will find a few key points to help you boost and enhance your property’s competitive analysis.

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How to Increase Revenue Throughout the Customer Journey

Once every few years, a new technology comes along that surprises and delights us. Here we discuss how hotels can adopt revolutionary new tech that can help deliver record direct revenue.

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Guest Facility Updates That Add Service Value and Boost Revenue

If you want to boost revenue, I would always recommend focusing on customer experience and improving facilities. Adding value to your services in this way will allow you to increase room rates.

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Must Have Hotel Revenue Strategy for More Profitability

It’s clear that we cannot rely on RevPAR alone for evaluating a Hotel’s revenue picture. There are other metrics that help us understand what could erode a hotel’s profit margins.

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Using a BI Tool to Build a Collaborative Revenue Strategy Culture

Revenue strategy requires a collaborative approach, with every stakeholder understanding how their decisions impact other departments and your bottom line. NB: This is an article from Rainmaker The powerful visualizations […]

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8 Missing Website Components That Are Costing Your Hotel Money

Here are 8 conversion-driven website components that could help you boost online reservations and profits for your business in the year ahead:

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How to Get a Fuller Picture of Your Competitors’ Room Rates

Not all room rates are created equal. As travellers, we understand this. Yet, when rate shopping as revenue managers, we can sometimes overlook this fundamental fact. If we see a […]

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3 Hotel Revenue Generating Ideas and How to Implement Them

The ever-changing character of hospitality has led the industry’s focus away from improving the quality of the rooms themselves and deeper into creating a more complex guest experience. NB: This […]

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