revenue
Solving the Broken Group Booking Process to Grow your Sales in 2019
There’s no denying it — 2019 is projected to be an exciting and, better yet, profitable year for the hospitality industry. NB: This is an article from iVvy With the […]
Expand Your Meetings & Events Profit Margin
How many times in your career have you been asked to think outside the proverbial box? “Think differently” comes the mandate from above, but it’s easier said than done. NB: […]
How to calculate your B&B’s average room rate and other revenue metrics
Running an accommodation business of any size is no easy feat, but small property owners in particular have unique challenges as they juggle everything from pricing to housekeeping on a […]
How to Move from Revenue Management to Revenue Science
Almost two decades after the big expansion of Revenue Management throughout the hotel industry, Directors of Revenue Management still make 20% less than Directors of Finance and Accounting (payscale.com). NB: […]
Predictive Personalization and How It’s Revolutionizing Hospitality
The concept of leveraging technology to improve the user experience and increase hotel revenue simultaneously is what we call Predictive Personalization.
Increase Hotel Group Business by Appealing to Event Planners
As digital marketers, we can ramble off best practices for your hotel’s social media accounts, websites, and search engine optimization until we lose our voices. While our team members are […]
Right Product, Right Customer, Right Price, Right Channel, Right Time
Now that we’re a couple weeks into 2019, are the revenue management plans you have in place going to maximize your profits this year? NB: This is an article from […]
Turning Small Group Bookings Into Big Business
“How can I get the most bang for my buck?” — This is a concept that has guided consumer buying behaviours for decades. With each dollar spent or invested, we […]
Revenue Management is Waiting For You…in The Parking Lot
Caution: disruption in progress. Just beyond the realm of traditional revenue-managing industries—think hotels, airlines and car rental—new verticals have taken a seat at the table, achieving significant and rapid gains […]
Dynamic Pricing: Secret Weapon Used By World’s Most Successful Companies
Uber, Amazon and Airbnb all have one thing in common — aside from rapid growth, creating entirely new markets and crushing their competition. All three price dynamically using advanced artificial […]
