Hotel Revenue Management

What makes a hotel profitable can be narrowed down to one thing: its guests! The guest experience is the main driver of continuous revenue for any successful hotel. When guests…

Like any business, hotels rely on revenue. Hotel revenues are complicated as they rely on several income-generating factors such as room rates, average occupancy, and market demand. A hotel’s…

When it comes to hotel revenue management, a lot of focus rightly goes to room sales. Again, that’s understandable. As a hotel, the property’s primary means of generating…

You’ve probably heard the term “revenue management strategies” if you’re at the corporate or management level in the hospitality industry. Hotel revenue management is a term that describes…

Once upon a time, it was a simple thing to set hotel room rates. You had one rate for weekdays and another for the weekend. You also had seasonal pricing.…

COVID-19 ushered in a world of change for everyone, not least of all the travel and hospitality industry. From local travel restrictions to international bans, unpredictability has become the norm.…

Call it revenue management or yield management, no hotel business can succeed without this highly critical operational strategy. And when you are responsible for driving the profitability of your hotel…

For a hotel revenue manager, every day brings an awakening as there is no dearth of disruptive innovations that are constantly hitting the market. It could be a new term…

Effective and efficient inventory distribution plays a major role in the overall revenue management strategy for hotels. A well-thought-out inventory management strategy helps revenue managers to sell the right room…

With changing time and increased competition, many hotels now have started using hotel industry business insights to take relevant business decisions, ultimately to increase hotel revenue. However, are you one…