revenue
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 […]
Ideal Pricing for a Hotel’s Ideal Revenue Management Strategy
One of the most important decisions that every hotel organization needs to make is establishing their optimal public pricing structure. For some hotels, this can be an overwhelming challenge – […]
How data can play a vital role in boosting your hotel’s profit
Technology has indeed positively altered the way any business is run. Almost every hotel owner knows the importance of guest satisfaction; this being one of the prime areas in bringing […]
Pricing-only Revenue Management: Are you leaving money on the table?
The hospitality industry has been following revenue management practices for decades now. Today, dynamic transient pricing is considered the industry standard for pricing guest rooms. Now, as rate transparency and […]
Measuring and Incentivizing Front Desk and Reservations Upselling
Chances are that like most hoteliers this time of year you are busy formulating your financial game plan for 2018. If so, I’m pretty sure your owners or asset managers […]
