revenue

Hotel expectations for different demand segments are mixed. Predictions for business transient demand and group demand growth have trended steadily downward

It is understandable that hoteliers would push rate – their goal is to maximize revenue and profit, and they had a lot of missed opportunity to make up for

Following best practices and a well-thought-out revenue strategy is the only way to unlock the full potential of your property

Guest messaging should highlight the unique features of the hotel and appeal to the interests of the target audience to drive bookings and increase revenue

A Revenue Manager plays a crucial role in branding by aligning pricing and revenue strategies with the overall brand positioning and objectives

Shoulder season presents a prime opportunity to convince guests to visit at an off-peak time for fewer tourists, exciting experiences, and favorable rates

In an era where travelers increasingly rely on online platforms to make their travel arrangements, having a user-centered hotel website is paramount

By strategically navigating the RFP landscape, your hotel can secure more group business, elevate its reputation and drive growth

For some hotels, the security of group income outweighs the potential revenue generated from transient bookings. But, some hotels prefer to wait and see

While both hotel operators and owners stand to gain from adopting the management fee structure proposed, hurdles are anticipated