revenue
6 Reasons Why GMs Care about Revenue Management
NB: This is an article from IDeaS Tasked with overseeing all hotel operations, general managers (GMs) are well positioned to help their organizations drive profitability by achieving a strong culture […]
5 Things About Hotel Revenue Management (Pt2)
NB: This is an artilce from RateGain Hope you have gone through and implemented what we had shared in Part I of this blog series. Now you will agree that a revenue […]
5 Things About Hotel Revenue Management (Pt1)
NB: This is an article from RateGain In the super dynamic and highly connected digital world today, it is tough for a hotel to earn its bragging rights. Also, revving […]
It’s All About The Pricing Algorithm
There are many, many components of a successfully integrated and automated Revenue Strategy system, each of which must work together to achieve optimal results. Often times the most critical things […]
Revenue management automation for the modern hotelier
A common challenge for hotels is having too many cooks in the revenue management kitchen. A revenue manager may leave a strategy meeting confident they’re on the same page as […]
Expedia sees no hit from hotel chain direct booking campaigns
Expedia Inc reported its second quarter earnings today, and it had a rosy picture on many metrics. But one metric stood out to investors for its sluggish pace, namely, the […]
The importance of weekly sales forecasting
Weekly forecasting of sales is one of the most valuable management tools and can help to boost sales and manage payroll costs – though it’s important to remember that forecasting […]
Dynamic Rate Marketing and How You Can Use it?
NB: This is an article from Little Hotelier Having a strategy behind your room rates is critical to your success as a small hotel. Not only is it the key […]
Fighting Rate Disparity: Keep Your Room Rates in Check
Rate disparity, if left unchecked, can seriously impact your hotel’s bottom line. Hotels often find themselves with lower rates on OTAs and other third party channels than they do on […]
Driving Revenue: The Bid Price Approach
Hotels around the world are in hot pursuit of efficient revenue management methods that not only price their properties successfully, but also help manage their room availability, accept their most […]