revenue

Make your plan as complete as possible and do not imagine you are a superstar hotelier that is capable of operating your hotel without the necessary costs

How can your organization effectively price and forecast in ways that maximize revenue? And what other options do you have for generating more revenue?

Which hotel revenue management KPIs should you focus on more so than others? We’ll touch on seven KPIs that you want to track for your hotel

While monetary vouchers perform best, create multiple gift voucher options, as well as themed value-added vouchers that are available to use in need periods

In order to ensure that all hotel stakeholders are aligned, it is important to understand their revenue management ‘wants’ and hear them in their own words

We look at how global economic factors might influence different traveller attitudes and why hotels must revisit some basic revenue management principles

Effective channel strategy and management require going beyond decision-making using stale growth revenue reports generated at month’s end

By implanting a successful price segmentation strategy, you can extract a greater portion of the consumer surplus in the form of untapped revenue and profits

Now is the time to take the reins and boost your direct bookings. We ho ho hope these examples inspire you to create your most festive holiday campaign

We expect a number of London hotels will retain the ADR uplift they have gained during 2022 and mostly compensate for inflation in 2023 pricing strategies