revenue
Parity is Over: Define New Pricing Strategy with Booking and Expedia
Inventory and rate parity is no longer a valid strategy. Parity sounds like a 90’s concept. It is the time to redefine a new relationship with the OTAs
Offers and Incentives Give Hotels Major Value Creating Opportunities
With guests focused on purpose-driven experiences, hoteliers that adapt to more experience-focused offers will succeed in the changing world
Should Investors Expect Hotel Incomes to Keep Pace with Inflation
Hotel investments come with counteracting exposures to inflation of operating revenues and expenses that may neutralize inflation impacts on profits
How to Achieve Consistent Upsell Revenue and Happier Guests
The industry has recognized that the monetization of room upgrades, early check-ins, late check-outs provide the highest margin revenue a hotel can collect
Top Voucher Mistakes Hoteliers Make and How to Avoid Them
Although gift voucher sales lead-up to special occasions and during peak season are rapid, they need not be restricted to seasonal or occasional gifting
Understanding Price Sensitivity: What Is It?
Price elasticity of demand refers to how price changes affect demand in particular. It’s often used to measure price sensitivity
State of German Hotel Market Through Summer and Into Winter
We review how the different German hotel sectors have faired this Summer and what might happen as we head into the Autumn and Winter
US Hotel RevPar Still Strong But ADR and Demand Trending Down
Nominal RevPAR remained well ahead of 2019 in nearly all the 166 U.S. markets for the week and in the past 28 days
How Changes in Occupancy Affect Strategies for Maximizing Profit
Hotel owners and operators need to understand how changes in occupancy post covid affect strategies for maximizing profitability
Impact on Revenue, Profit and Reputation of Ineffective Maintenance
We look at the impact of ineffective maintenance prevention on hotel costs, guest satisfaction, future revenue and, ultimately, hotel profit