revenue

Yet for all the challenges in distribution, immense possibility exists for hotels that take an imaginative omnichannel approach

Across 10 host cities, basic mean average for hotels standard room over next 6 months shows rates have increased from €147 outside the tournament to €231

Understanding this multifaceted process is key to align offerings with target guests, moving beyond pricing competition to deliver value that resonates

Hotels have an incredible opportunity to exceed guest expectations and maximize revenue potential with the help of new-age tools and processes

FTC and DOJ makes clear that the government’s position is that hotels using algorithms to set room price are violating antitrust laws

Whether reservations come directly or through OTAs is secondary, as the primary concern is filling rooms that would otherwise remain empty

With an effective attraction strategy in place, the focus shifts to maximizing the value of each guest interaction

Your PMS should improve guest experiences and provide a solid foundation for long-lasting relationships, leading to increased revenue and profitability

A modern PMS is not just a system for managing rooms and rates; it’s the nerve center of a hotel’s technological infrastructure

The first secret to unlocking the full potential of your PMS data is to identify your business drivers. Business drivers are the key factors that impact your hotel’s revenue and […]