revenue
Hotel Rates Predicted to Rise by 3.5% in 2016
While some air travel costs could be driven down thanks to continued pressure from low cost carriers, the supplier’s market will continue into 2016, increasing hotel prices across Europe. […]
6 insights to help revenue managers balance mobile
In the rapidly changing mobile world of revenue management, teams need tips to survive. We went in search of answers and this is what we found: 1. RM has come […]
Digital and Mobile Driving Hotel Bookings & Revenue Growth
Last month, TravelClick’s October 2015 North American Hospitality Review revealed that North American hotels were overcoming declining reservation pace to improve their average daily rate (ADR) performance. Now, data from the […]
Hotels gain ADR steam with spas
While the question might be straightforward, the answer is hardly clear-cut: “Does having a spa allow a hotel or resort to charge a higher ADR (average daily rate)?” In preparing […]
When revenue managers become matchmakers
RM is often viewed as a clinical process but it can really help airlines choose customers wisely, while delivering them a relevant and personal experience. Often revenue management is viewed […]
Why total revenue management is like spinning plates
NB: This is a viewpoint by Pamela Whitby, editor of EyeForTravel. There is really only one thing that hotel people need to remember: that they are in the service business. […]
Revenue Managers have taken the Five Ps from Marketers
For years, we’ve all been reading about the need to coordinate the activities of Revenue Management and Marketing into one synergistic Revenue Generation process. In practice what is really happening […]
Why the hotel industry isn’t afraid of Airbnb (yet)
According to venture capitalists, Airbnb is worth $25 billion—more than major hotel chains Hilton ($24.1 billion market capitalization), Marriott ($18.7 billion), Starwood ($12.7), and Wyndham ($9 billion). But that doesn’t […]
8 Best Practices for Hotel Revenue Managers
The 10,000 or so hotel revenue managers around the world are self-dividing into two distinct categories: those that are well prepared (or preparing) for 2024 and those that are well prepared […]
A Revenue Managers Guide to Surviving the Awkward Teenage Years
Revenue management is a relatively young discipline in the hotel industry. Hotels only started to broadly adopt revenue management processes and systems in the late 90s and early 2000s. While […]