revenue
Measuring The Value of Forecasting Accuracy in Today’s Hotel Market
The hospitality industry is expanding rapidly. Hotel companies break ground on new build projects every week. Many operators are renovating older properties and reopening them as new brands from Marriott, […]
3 keys to an effective hotel distribution strategy
NB: This is an article from SiteMinder Your distribution strategy, in many respects, is the key to your reservations success at your hotel. The more you distribute the rooms and […]
Per Available Customer: Future of Hotel Revenue Management
A revolution is happening in hotel revenue management. Hotel companies with the highest profit expectations and the most data-driven cultures are beginning to follow the customer instead of the product. […]
Why the 100 RGI market share target is often pointless
NB: This is an article by Pontus Berner, Co-Founder and Managing Partner at berner+becker revenue management. Market share key performance indicators (KPIs) are some of the most important statistics […]
Airbnb revenues up 89 percent, driven by Millennials
With the end of August drawing near, travelers are returning from their summer getaways in droves. Data from Slice Intelligence shows that Airbnb was a major benefactor of the summer […]
Hotels Offering Loyalty Rates on OTAs: The Dark Side
Expedia is now very kindly allowing hotels to offer their normally closed user group member-only rates publicly on Expedia. Red Lion Hotel Group (RLHG), a brand that operates in […]
Hotel loyalty rates may hurt more than OTA fees
A recent Deutsche Bank Research Report published July 13, 2016, highlighted hotel owners’ creeping concerns. Something just isn’t quite right when it comes to the proliferation of loyalty rates. NB: […]
Don’t believe the hype, Hotel Slowdown Goes On
Don’t believe the positive 2017 U.S. and global hotel forecasts you’ve been reading. Rather, be prepared, for the worst is yet to come. As the weeks move on, occupancy continues […]
8 Reasons Why Direct Bookings Matter for Hotels
NB: This is an article from TripTease This month the CEOs from Priceline and Expedia attempted to dissuade hoteliers from efforts to drive direct bookings. In specific circumstances they may have a point. […]
Hotels Drive Profits by Outsourcing Revenue Management
NB: This is an article from IDeaS When automobile manufacturers develop a new car, they offer consumers a base model and provide multiple luxury add-ons for those who want to […]