revenue
Empty car park spaces can drive additional revenue
Empty spaces in your hotel car park? You could be making £60,000 per year in additional revenue. Car parking is the latest ancillary revenue stream which hotels are only […]
Predict the Future and Understand Consumer Demand with Pace Reporting
NB: This is an article by Lance Abbrederis, Director Digital Experience at Sabre Predicting the future is quite a challenge – for most of us! But cutting-edge analytical tools […]
New York Hotels Turn to nSight to Grow RevPAR
NB: This is an article by nSight nSight, the leader in online consumer shopping intelligence for hotels and destinations, has added twenty new hotel clients in New York City. Both brand and […]
Hotels embrace creativity to generate extra revenues
Hotel operators are finding new ways to generate additional revenues. Some sell fitness club memberships; others provide short-term meeting room, guestroom and parking rentals. Hotels typically generate revenues from […]
Robust 2015 US Hotel RevPar Masks Softening
The U.S. lodging sector set a record for revenue per available room (RevPAR) of $78.671 in 2015 as a result of all-time highs in occupancy (65.6 percent) and average […]
Corporate Travel Demand & Macroeconomics in 2016
At a cursory glance, the diagnosis for global corporate travel demand looks healthy. Global air traffic posted its strongest year-over-year growth since the recovery from the 2008 U.S. financial […]
Four revenue management opportunities for hotel owners
NB: This is a viewpoint by Brian Douty, chief financial officer at IDeaS Technology has become an influential player in the development and refinement of hotel business strategies. And […]
18 Factors to Consider before Investing in Channel Manager for Your Hotel
NB: This is an article by Saurabh Vashisht of RateGain Managing all room & rate combinations across multiple platforms is a task that generally falls in the lap of a […]
Are hotels doing enough to cash in on convenience?
Amusement parks have figured out how to use technology to skip lines, make F&B reservations and purchase in-the-moment upgrades, but hoteliers have yet to harness the revenue-driving power of tech-driven […]
Booking.com revenue management product from BookingSuite
Booking.com’s new unit, BookingSuite, has announced a new, enhanced version of its RateManager revenue management product. Now available worldwide, the latest version of RateManger also features new group rate functionalities […]