Hotel Revenue Management

Competition is high, and guests have many choices. Many hotels now use hotel industry business insights (data) to make smarter decisions and increase revenue. Ask yourself: Are you using big…

While room sales are the primary source of income for your hotel, focusing solely on them can limit your hotel's potential. There are other ways to increase revenue…

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…

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.…

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…