revenue
Price disparity types. Identifying and correcting them
Intermediation is usually more sophisticated than hotels and, with the objective of selling more, some channels follow tactics that are not quite ethical, in most cases unknown to the hotel. […]
5 Revenue Management insights for independent hotels in turbulent times
The chains may have revenue management wrapped up but for independent hotels it’s harder. Fear not, help is at hand Vlatka Barčan has been in the hotel business for over […]
Open for Business: How to ensure a hotel is revenue ready from day one
The rapid pace in which hotels have been constructed and opened in the Maldives over recent years is leading many in the industry to question whether these properties are adequately […]
HotStats Hotels Performance: MENA, Europe, UK and US
MENA Following a summer of mixed fortunes, which included a welcome year-on-year increase in profit per room in August, hotels in the Middle East & Africa were back to business […]
Total Revenue Management: Journey from capacity to profit management
It is a fact that over the last years, we have seen a growing need for traditional revenue management (RM) to evolve from having sole emphasis in maximising revenue mainly […]
Expedia Axes Its Price-Matching Guarantee in a Sharp Break From the Past
For years, Expedia.com, the flagship brand of online booking conglomerate Expedia Inc., joined the industry wide practice of claiming that consumers would always get the best prices for travel on […]
Revenue management: a cost saver, not a cost centre
Any hotelier operating today without the support of an automated revenue management system is working at a competitive disadvantage. Advanced revenue management solutions allow hotels to better predict […]
The Power of Package Bookings for Hotels
Hotels are always looking for new ways to drive demand – and packages have been a solid vehicle to do just that. Packages, or combined hotel, airfare and/or car bookings, […]
How Digital Marketing Can Transform Revenue Management
Today’s Revenue Manager has access to more “intell” about their ideal target market and its purchase behavior than ever before. Subsequently, they are in a better position to develop online […]
Profit Optimization is Not Just a Buzz Phrase for Room Revenue
The evolution of revenue management has taken hotels from dynamic pricing of transient rates to a holistic strategy of maximizing profitability across multiple revenue streams. NB: This is an article […]
