rooms
The Changing Nature of Supply and Demand in Hospitality
No segment in hospitality is safe from demand drought. If there is no chance of making profit, wait it out, if there is chance of staying afloat, act on it
The Top 7 Front Office Controls
As you know the front office is the command post for your operation. Making sure you have solid internal controls at the desk is mission-critical
Renting Hotel Rooms Just for Business Hours Can Be a Good Thing
Renting out hotel rooms by the hour can have an unsavory ring to it. But how about by the workday for legitimate uses like temporary offices?
Using an Attribute Based Selling Approach in Your Upsell Strategy
There are many ways to apply the forward thinking principles of attribute based selling through different channels for example, upselling
10 New Creative Room Types to Boost Revenue
As you decide which room types to test, reach out to local journalists. Many have been covering the “work from hotel” trend and are interested
Are Hotels Finally Ready to Embrace Attribute Based Selling?
Attribute based selling is a buyer led process. Room types are eliminated and hotels break down their product bundles into individual items
Revamp Product Positioning and Revive Your Strategy
Being adaptable and agile will be important to your recovery strategy as you navigate your hotel through these uncharted territories
How Rooms Only Business Impacts a U.S. Break-Even Analysis
For the moment, hotels will rely almost entirely on rooms revenue because, thanks to social distancing, things like restaurants and spas will be eschewed
How Should You be Setting Room Rates for Your Hotel?
Whatever you’re including in your room rates plan, keep in mind what will be operationally possible, and what guests will be comfortable with
Right Channel per Right Room Type: Inventory Management per Channel
Production statistics for every channel compared to the cost of distribution could easily give you the evidence of a revenue contribution for every channel and net rate (after cost breakdown) as well