hotel revenue management challenges

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.…