Why Group Revenue Management is Key to Maximize Revenue and Profitability
Revenue managers must fully examine current and future group demand, transient displacement, available guestroom and meeting space, and non-room revenue
OTAs: The Pros and Cons of Working With Them
Working with OTAs can enhance your revenue management and distribution channel strategies, but there are also some downsides
Escape KPI Paralysis: Streamline Your Hotel’s Performance Metrics
Three essential aspects should be considered in-depth when deciding on the crucial KPI metrics for a specific hotel
Is It Worth Independent Hotels Having a Loyalty Program?
With the OTAs competing more aggressively with independent hotels, it’s key for an independent hotelier to consider the benefits of a loyalty program
Traveler Cost Concerns Forcing Hoteliers to Rethink Rate Strategies
Commercial strategy teams should use future pricing strategies and group bookings to build base, then optimize rate to blend in transient business
Hotel Direct Booking (Pt2): Make Your Website Appealing (Sticky)
Continuing our video series, today in video 2 we look at how hoteliers can make their hotel website more engaging and sticky
This is How Tripadvisor Net Commission Per Stay Model Works
This model is designed as a gateway to the Tripadvisor metasearch world, allowing the many hotels that are currently offline to try it risk-free.
General Manager: Don’t Trust Your Experience and Gut Feel
Advanced data and analysis are not part of a general manager’s DNA. However, this creates problems when they do not provide the necessary resources
HotelIQ Launches Decision Cloud: Next Generation Analytics & BI Solution
HotelIQ’s Decision Cloud enables hoteliers to make better, faster business decisions, even across siloed operational departments, increasing revenue
Ten Questions a GM Should Ask Their Revenue Manager
So Mr. Fabulous GM, what should you be asking your Revenue Manager at your weekly meetings and what conversation should this spark?