revenue

General purpose of the morning meeting is to give a quick overview – a status of things as they stand, a recap of what happened to fuel the actions of today

Amid a sea of considerations, from efficient staff management and property upkeep to top-tier customer service, revenue management is a critical linchpin

We look at hotel market segmentation – its benefits, common segments and steps to implement guest segmentation to better define effective pricing strategies

The first half of 2023 has witnessed strong performance in European rate and search volumes, indicating a rise in demand

Revenue managers are caught in a balancing act to maximize revenue, ensure customer satisfaction while managing occupancy rates and room pricing pressure

Larger, urban hotels suffered most during the pandemic, so no surprise that the average hotel has yet to return to pre-COVID levels of total hotel revenue

Through our conversation you will hear more about Hotellistat as we dig deeper into the backstory, how the company came about and risks taken to get started

Due to competing priorities, marketing efforts for spas and ancillary revenue services around hotels and resorts are often neglected, this is a mistake.

As travel becomes more expensive, hoteliers should put strategies into place for attracting price-sensitive guests. But this doesn’t mean slashing prices

Recognizing what ADR can and cannot tell you is essential for leveraging this metric effectively and supplementing it with other performance indicators