revenue
Revenue Managers at Airport Hotels Focus on F&B, Groups
Revenue management at an airport hotel can be a lot like air-traffic control. More than it does at other hotels, the weather can cause wild fluctuations in bookings. And sudden […]
Extended Stay Hotels: Growth or Performance?
When investing in hotels, recent year-over-year trends in revenues and profits, along with current performance values, are two of the metrics most frequently evaluated. Investors need to balance the current […]
The Difference Between Rate Maximization and Upselling
Being in the business of hotel sales training, most months I spend at least six to eight days training hotel sales managers and also reservations sales agents on how to […]
4 Tips for Successful Hotel Revenue Management
Revenue management is a crucial part of any business and plays a significant role in how hoteliers best position themselves to maximize total hotel profit. NB: This is an article […]
Stay Confident, And Don’t Sell Your Hotel Out Too Soon
For many hotel general managers, knowing their hotel is sold out means they’re finally able to get a good night’s sleep, but if the hotel is sold out a week […]
How does a channel manager help increase hotel revenue?
Often times you think of taking your hotel business to the next level that’ll boost your hotel revenue. You ask your business guru for tips to know how to reap […]
How to make the greatest revenue impact with strategic forecasting
Ask any General Manager or Reservations Manager when the greatest percentage of business comes in and they, by-in-large will all answer the same, ‘last minute’. NB: This is an article […]
7 Booking Hacks Every Revenue Manager Should Know
In the hotel industry we all understand the importance of achieving more direct bookings in order to increase net profitability and reduce reliance, and commission fees, to OTAs. NB: This […]
Hotstats Hotels Performance: MENA, Europe, UK and US (April 2018)
MIDDLE EAST & AFRICA Profit per room at hotels in the Middle East & Africa fell by 12.1% year-on-year in April as revenue levels crashed on the back of plummeting […]
Leveraging Competitive Benchmark at Hotels
Benchmarking is by definition the measurement of one company’s achievements compared to the standard, the best in class or the competitive set. It is used to understand the gaps in […]
