revenue
Top 3 Rate Shopping Trends to Watch in 2017
We know that hospitality customers are more demanding than ever before. There’s more competition each year due to new builds and the increasing prevalence of OTAs and short-term rentals. NB: […]
Revenue management technology – a low, mid or high-tech approach?
Taking a walk through the E-travel halls of the major industry fairs like ITB in Berlin or WTM in London and seeing all the technology options available leaves many hoteliers […]
Summary Global Hotel Performance Q2 2017 (STR)
Asia Pacific The hotel industry in the Asia Pacific region reported positive results in the three key performance metrics during the second quarter of 2017, according to data from STR. U.S. […]
Revenue and cost strategies for boutiques, independents
With many moving parts and no brand systems or guidance to assist, it is essential to a hotel’s revenue success to invest in the right tools, most of which will […]
Predictive Analytics for Hotels: Look to the Future for Big Results
Until recently, hotel owners and managers have been limited to using historical data to predict future performance. Hoteliers have depended on occupancy as the gold standard for revenue generation. NB: […]
Revenue Metrics Are Evolving: Average Room Rate Becomes Two for One
The previous methods of ADR (Average Daily Rate) calculations are not good enough any longer. In the fast-paced world of the hotel industry the ecosystem of distribution channels and methods […]
The Missing Link in Book Direct Strategies: the Front Desk
Hoteliers have been putting huge amounts of efforts into building solid book direct strategies. However, your fantastic strategy to align your goals for marketing & revenue might be missing a […]
7 Practical tips to improve online reviews of your hotel
In a digital world, not only every visitor to your hotel is a potential critic, they also have the power to reach a wide audience, and their views can have […]
The Importance of Rate Parity for Travel Brands
When it comes to pricing, travel brands are currently facing two sets of online competition. The first is fellow travel brands within their competitive set, with whom they’re vying for […]
Revenue Management: Move from Tactics to Strategy with Data Integration
As the practice of revenue management continues to evolve, industry professionals should increasingly look to use their RM systems and processes strategically and move away from tactical operations. Integrating data […]