To measure how recovery is progressing, revenue managers often mentioned looking at increasing occupancy and pick-up outpacing cancellations
We should be easy to do business with and operate effectively and profitably as possible. So why are we making revenue generating mistakes?
We strongly advise conducting a comprehensive value price assessment. The results will be invaluable when reviewing rates and developing pricing strategies
Most agree the recovery could be longer. Though GDP historically correlated to hotel demand, this time around it may have nothing to do with the economy
The crisis has forced the hospitality sector to come up with innovative and indigenous ways to utilize their assets and open new revenue streams
Get creative with revenue management and distribution strategies and drive sales for your hotel. Don’t shy away from some guerilla warfare yield techniques