revenue

Experiential hotels typically run occupancies over 90%. So there is little optimization from volume. Where do we find levers to drive Revenue and Profit?

Focusing on improving guest satisfaction through personalization, independent hotels can earn recommendations leading to a steady stream of direct bookings

Revenue management is not just Excel spreadsheets and data analysis. Nor is it a magic discipline that only special people should have access to

Knowing the needs and wants of your audience will help you to build the right gift voucher offerings and price points for your target guests

Coming in a close second among planner frustrations was the lack of information in the rfp responses they did receive

Now it’s time to get an even bigger return on those efforts by sending Facebook users straight to your online booking engine

The principle that “all revenue is created locally” is a compelling rationale for leaning towards decentralization for hotel revenue-generating functions

Every RFP is an opportunity to build relationships and generate revenue. This is an essential mindset executives need to instill in their sales teams

While AI and natural language models like ChatGPT are still in their early stages, it’s already worth exploring the benefits they offer

By assimilating these dimensions, a robust multidimensional data model emerges, empowering Revenue Managers and Commercial Strategists