revenue
8 Easy Tips for Hotel Revenue Managers to Cope With Rate Parity Issue
While rate parity ensures that you have complete control of setting the bar for your room rates and ensure equal prices across all distribution channels, but it destroys your chances […]
STR: AsiaPac, MEA, Europe, S.America November Hotel Performance
Asia Pacific Hotels in the Asia Pacific region reported positive year-over-year results in the three key performance metrics during November 2017, according to data from STR. U.S. dollar constant currency, […]
Who Cares If You’re Losing a Little Money Here and There?
What hotel owner or GM could be blamed for sleeping a little more soundly after seeing the chart below? NB: This is an article by Pierre Boettner, Founder and CEO of […]
How the Composition of RevPAR Growth Impacts Changes in Profits
To project changes in profits we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be realized when the dollar value of […]
Boosting the Revenue of Your Hotel Parking
When strategising about the optimisation of your hotel’s revenue streams, hotel parking and its lucrative opportunities rarely come to mind. For most hotel managers, the parking they offer to their […]
9 diversions OTAs use which ruin your profits
After years of working on the OTAs, today I can update the many tricks they use which directly affect the profits of your hotel. These tricks are much more than […]
Pricing 101: A Guide for Independent Hoteliers
One of the most challenging things for hoteliers is determining how to price inventory. NB: This is an article by WebRezPro Charging too much will deter customers and increase vacancy, […]
Shifts in Revenue and Expenses Boost Hotel F&B Profits
Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to […]
To Book or To Stay: That is the Data Question
Whether ‘tis nobler in revenue strategy to suffer the reservations and upgrades of outrageous fortune, or to take arms against a sea of data, and by opposing, better optimize them. […]
Your Hotel Reputation Matters to Your Revenue
Earlier in hospitality domain, the pricing structures and decisions were majorly based on factors like supply and demand, local events, corporate/negotiated rates, event/group bookings, majorly because of the absence of […]