revenue
Make Guests the Architect of Their Experience to Drive Revenue
Why are hotels still assigning rooms to guests rather than letting them choose the room they want? Booking a hotel room shouldn’t feel like a gamble
How Automated Upselling Can Maximize Revenue and Profitability
Let’s take a look at some of the benefits that come from approaching automated upselling as a critical piece of your revenue management recipe
How to Use Scarcity and Urgency to Boost Hotel Marketing Strategy
This is where the psychological tactics of scarcity and urgency come into play. Rooted in human behaviour, these tactics are not just marketing gimmicks
Drive More Revenue and Brand Engagement with Hybrid Hospitality
Another major shift aims to unlock the full revenue generating potential: replacing traditional room-only metrics with TRevPar or RevPAM
Hotels Must Offer Something Competing Digital Intermediaries Cannot
Third party encroachment on the customer booking journey means higher costs for hotels to achieve visibility in the eye of the consumer
No, Loyalty Does Not Increase ADR, But It’s Still Worth It
Why would you expect your discount-based loyalty program to increase your ADR? It’s counter intuitive and mathematically impossible
Is Travel Assistance Insurance Next Must-Have for Direct Channel Strategy?
Travel assistance insurance is poised to significantly enhance direct channel conversion rates leading to a substantial upswing in revenue
A Revenue Leader’s Guide to Hotel Budgeting and Forecasting
Hotel budgeting requires a strategic approach combining current performance, financial goals, revenue optimization strategies and cost control measures
Yield Management: How Your Hotel & Spa Data Makes You Money
While yield management increases revenue, it has more benefits that can improve operations and help businesses run more smoothly. For example:
5 Best Ancillary Revenue Ideas to Increase Hotel Revenue Streams
Ancillary revenue becomes a creative and strategic way to level the playing field by leveraging the uniqueness of an independent hotel