revenue
Leisure Demand Helps Maintain Profit Growth at UK Hotels
Despite a slowing in demand from the commercial segment, the continued year-on-year growth in top and bottom line performance at hotels in the UK was fuelled by the individual and […]
Will AI replace human intelligence in revenue management
More important to understand here is what it will replace, than a clear “Yes” or “No” to this question. We are sure you must have read about the increasing reach […]
Consumer acquisition costs in hospitality too high and growing
Customer acquisition costs in hospitality can vary depending on the property, but when guests book through third parties, hotel revenue takes a serious hit. Cindy Estis Green, CEO & co-founder […]
GOPPAR Levels Hit 2017 Low in US Hotels Due to Summer Slump
Despite recording a 0.6-percent increase in RevPAR, GOPPAR at hotels in the USA fell to a year-to-date low of $71.01 in August as demand levels slowed during the summer, according […]
Improved strategic understanding needed for hotel pricing
The issue of UAE hotels dropping rates could be due to a combination of a reactive response to market forces, lack of understanding of the hotel’s overall strategy in relation […]
Can Airbnb help hotels increase revenue?
It is commonly believed that the growth of Airbnb has made a significant negative impact on the hotel business. There are also empirical studies that have documented Airbnb’s negative impacts […]
Different ways hotels can achieve optimal pricing positioning
Neil Corr, IDeaS senior advisor in EMEA, discusses the different ways today’s hotels can achieve optimal price positioning and business mix. In the volatile world of hospitality, what are some of the […]
6 Ways To Use Events To Increase Your Bottom line
Wherever your hotel is based, local events are taking place all the time and could be a vehicle for potential revenue if used in the right way. They could come […]
The importance of the distribution channel in yield management
The hospitality industry is one of those industries where the people running the show of hotel business cannot lay back and earn easy revenues. Revenues of a hotel may fluctuate […]
Why pricing your hotel room doesn’t mean being a data-scientist
Hotel room pricing is never easy to perfect, but you don’t need to be a genius or trained data-scientist to get it right at your property. Last year Airbnb’s head […]