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revenue

RevPAR Is Only One Piece of the Picture

RevPAR isn’t profit, which is what really matters. Going beyond RevPAR to look at indicators such as GOPPAR (gross operating profit per available room) offers a truer portrait of the success of a hotel.

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How to Build a Pricing Strategy for your Independent Hotel

Having a pricing strategy that consistently works for your business is essential to increasing your market share. In this post we will guide you through all the steps to pricing success!

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Why Are we Dropping Rates so Close to Arrival Date

Why Are we Dropping Rates so Close to Arrival Date?

Why Are we Dropping Rates so Close to Arrival Date? Most Revenue Managers would be used to pulling these figures and presenting them to the GM and perhaps getting ready for 40 lashes!!

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Why Machine Learning Works for the Hotel Industry

The impact of machine learning on upselling has a ripple effect throughout the hotel – increased revenue, happier and better compensated front desk agents, and more satisfied guests.

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Using Loyalty Game Mechanics to Increase Revenue Per Seat

Leveraging from loyalty game mechanics requires data collection, loyalty tracking, and booking integration. Do your frequent flyers go out of their way to spend more with the airline?

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US Hotels Report Record High TrevPAR Despite RevPAR Decline

TRevPAR hit record highs at hotels in the U.S. in March, propelled by a 6.8 percent year-on-year increase in non-rooms revenues, which offset a 0.6 percent decrease in RevPAR

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Optimize Your Weekly Revenue Strategy Meeting

Optimize Your Weekly Revenue Strategy Meeting

Having a revenue strategy meeting that is structured and beneficial to all parties involved will reiterate the need for this revenue management culture across all teams at your organization.

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4 glass jars filling up with coins reflecting the importance of hotels moving beyond adr and adapting a holistic revenue management strategy to increase profitability

PODCAST: Total Revenue Forecasting as a Step to TRM

This podcast looks at Total Revenue Forecasting (TRF) as a logical first stepping stone towards Total Revenue Management (TRM). We are joined on the podcast by Michael McCartan, Managing Director – EMEA, Duetto.

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6 Points for an Effective Rate Parity Action Plan

The topic of rate parity continues to be a relevant and developing discussion within the hospitality industry, with hoteliers becoming more informed on the matter.

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5 Ways to Supercharge Your Bookings Before Cricket World Cup 2019

If you’re looking to increase your hotel bookings before Cricket World Cup 2019, your PMS can come in pretty handy. Applying the following tips will help you improve customer experience.

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