revenue
Revenue Management: Capturing untapped potential
Industry practitioners and revenue management (RM) educators, meeting recently in Orlando in the U.S., are in agreement: there is a great shortage of well-qualified revenue managers. Competent revenue managers should be […]
5 steps to increase revenue through personalization
In travel, marketing and revenue management teams are under tremendous pressure to grow revenues while maintaining low costs. In order to leapfrog the learning curve of the online retail space, […]
3 Ways Revenue Managers Can Get Started With Hotel Revenue Strategy.
2017 is no time for hotels to merely ‘manage’; around the industry, signs in the latest available research and comments heard at the Americas Lodging Investment Summit seem to indicate […]
Hotel data analysis: How to get it right once and for all
Unearthing useful insights from the vast amount of hotel data at your disposal is always going to be on-going and somewhat time-consuming – but it doesn’t have to be as […]
Futurecast Your Way to More Direct Bookings and Revenue
If you work in revenue management, chances are you’ve heard of terminology like price elasticity, unconstrained demand and personalization. These terms play an integral part in building the ideal revenue […]
Hospitality Revenue Management: How to select the right solution
A celebrated physicist once famously remarked that prediction can be very difficult, especially when it’s about the future. That certainly applies to forecasting demand for hotel guest rooms. With the […]
Contribution of hotel rooms revenue to total revenue
Changes in rooms revenue per available room (RevPAR) and RevPAR penetration receive a lot of attention from hotel managers. Obviously, this is because renting guestrooms is the major source of […]
Is the iPhone Killing Your Hotel Revenue?
Here’s what we all know by now: The explosion of smartphone usage over the past few years has been staggering. And not just iPhones, but smartphones of other brands as […]
Is The Experience Economy Passing Your Hotel By?
These days, hotel and resort operators are feeling more and more heat from their owners to move the needle on ancillary revenue. RevPAR growth has dramatically slowed down to […]
Big Data Moves Hotel Revenue Management Toward Perfect Pricing
Hotel distribution has changed a lot in the last 20 years. However, hotel revenue management practices haven’t. This is because the technology used hasn’t kept pace. Revenue managers want to […]