revenue
Hotstats Hotels Performance: MENA, Europe, UK and US (July 2018)
MIDDLE EAST & AFRICA GOPPAR at hotels in the Middle East & Africa dropped to a new low of $34.70 in July as temperatures in the region soared and demand […]
Why Revenue Managers Should Ask For A Raise Now
It’s budget season and right now hotels all over the world are planning their salary packages for next year. Only one thing is for certain, on average, Revenue Managers will […]
Can You Increase Your Hotel Room Rates In 2019?
Google produces 500 million results when asked ‘Is travel getting more expensive?’. Unsurprisingly, the first 10 results are solely dedicated to the price of flights. Panicked headlines from global news […]
Are You Forecasting Transient Business Without Forecasting Group?
Forecasting plays a key role in any hotel revenue management (RM) strategy, helping hoteliers make important pricing decisions that significantly impact profitability. NB: This is an article from Rainmaker It’s […]
11 Hotel Revenue Management Terms Explained
Conversion. RevPAR. GOPPAR. If you’re still getting to grips with promoting your property online, the number of technical-sounding terms can be off-putting. But it doesn’t need to be that way. […]
7½ Habits of Highly Effective Hotel Revenue Managers
As a consultant for Hotel Revenue Science I’ve had the opportunity to work with many Revenue Managers. I have interacted with RMs working in large brands, franchises and independents. My […]
5 Reasons Why Image Reviews are Key to Revenue Generation
A Management Review Tool is an essential component of a Hotelier’s toolkit. With the evolution of online reviews, on-site plugins and social media, hoteliers have to constantly look at the […]
Occupancy Does Not By Its Nature Grow Average Daily Rate
Occupancy does not by its nature grow average daily rate, and industry experts said revenue managers and GMs must fully rely on rate increases independent of occupancy. Panelists at the […]
Understanding Future Demand For Better Operational Forecasts
Recently, we released five revenue management hacks. These hacks are designed to be simple things you can put into place whether you are using automated tools or working in a […]
Yield Management: Offensive and Defensive Strategy
Many markets in the U.S. have experienced substantial increases in inventory, with some recording year-over-year supply increases of 5.0% or more. Thus far, occupancy levels have generally remained strong, as […]
