revenue
How to Increase Your Hotel Ancillary Revenue
Airlines and cruise lines have been doing it very profitably for years. Now hotels are finally recognizing the lucrative potential of ancillary revenue opportunities. A study from Cornell shows that […]
Revenue management and marketing: A powerhouse duo
In the current competitive climate of our industry, the presence of revenue management and marketing in any thoughtful hotel strategy has become absolutely critical. One of the greatest challenges faced […]
Hotels and OTAs need to work together to maximise revenues
Hotels and Online Travel Agents (OTAs) need to work together to find a collaborative approach that maximises revenues, builds brand confidence and rewards consumer loyalty, according to a panel of […]
Want to Increase Hotel Room Sales? Use Behavioural Economics!
Consumer psychology has always played an important part in driving their purchase decisions. NB: This is an article from Staah Let’s look at how you can use this buying psychology […]
Fixed/Variable Costs and Room Revenue Management
Lately, I have spoken to several revenue managers who have told me how much their cost is to take a room—to make that last sale of the day. NB: This […]
How Do You Inspire Your Guests to Spend More?
Data is transforming the hospitality sector. Forward-thinking hoteliers are making the most of historic guest interactions along with real-time and future data sets. NB: This is an article from Rainmaker […]
5 easy hotel promotions to increase revenue at your property
If you’re trying boost bookings and increase revenue flow at your hotel, there are few easier or more effective ways to do it than introducing some simple promotions. NB: This […]
What’s Happening with Rate Parity in the Hotel Industry?
Recent developments in legislation throughout the world have made rate parity an important topic in the hospitality industry. But despite its frequent appearance in the news, rate parity remains a […]
Hotel Supply and Demand: How to Maximise Room Revenue
The law of supply and demand is one of the most basic, and also one of the most important, microeconomic principles. NB: This is an article from NetAffinity The relationship […]
7 metrics to track to maximise your hotel revenue
You already know it’s important to implement strategies, track and analyse data, and tweak your approach to build revenue for your hotel. But where is the right place to start? […]