When it comes to deciding between tactical vs strategic revenue management, there’s actually no clear-cut answer to the question ‘Which is best?
In this discussion we talk about the Beonprice brand evolution to BEONx, what BEONx is, sustainable profitability and digitalization
While upsell can certainly boost your revenue, they can also deepen guest relationships. So, taking time to invest in some best practices will go a long way
Every phone call should be treated as a critical opportunity to establish a positive relationship that results in a booking and, ultimately, a loyal guest
While AI is not designed to replace your entire call center, it can significantly allow those employees to give full attention to more complex reservations
Pre-authorizations are an indispensable way to preserve cash flow as they protect hotels from losses like late cancellations, chargebacks and no shows
Forecasting has always been valuable for revenue managers. Given current uncertainty, it is so important to be able to predict and adapt to demand
Optimizing the value of your meetings and event space requires more than simply getting as many spaces and days booked as you can