revenue
What Is Hotel Rate Parity and Why It Is Important
Hotel rate parity is essential in today’s competitive landscape. Here is some advice that can be useful when trying to achieve it
Maximize Your Hotel Revenue With These 10 Rate Types
Like in any highly competitive industry, offering different rate options will allow you to generate more direct bookings, increasing occupancy and revenue
Why Should The Hotel General Manager Care About Forecasting?
There are so many benefits from forecasting in hotels, there should be no doubts about why hotels should forecast. Here is a comprehensive list of benefits
Myth Busting Points Based Hotel Loyalty Programs
If you’re still thinking that a points based loyalty program is the way to go, don’t limit yourself. Open your hotel up to more possible ancillary revenue
Is Summer 2023 Looking Positive for German Hotel Market?
In today’s discussion we take another look at the German hotel market as Pontus reviews Winter 2022 and looks ahead to the Summer season coming up
Hotels Move Beyond RevPAR For Comprehensive Business Intelligence
While RevPAR remains a useful metric, it must be considered alongside others to gain a more comprehensive understanding of a hotel’s financial performance
With ABS Hoteliers Can Leverage Retail Best Practices
Your guests want more control. When it comes to their hotel stay, ABS (attribute-based selling) offers the same retail style customization they are after
Yield Management vs Revenue Management: What is the Difference
If I already have a yield management solution (either as a stand-alone or built into my PMS), why do I need a revenue management system?
Upselling Strategies to Grow Revenue and Improve Performance
By providing guests with meaningful upselling options that enhance their experience, hotels can build revenue, loyalty and long-term profitability
OTAs Have Retaken More Than Half of All Hotel Bookings Online
As the hotel industry’s recovery from the pandemic has progressed, bookings on OTAs have again outpaced hotel website bookings