Hotel Revenue Management

23 posts
customization of offerings
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Ways to Drive Higher Revenue with Higher Guest Satisfaction

Manu Sharma
Manu Sharma
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…
hospitality data
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Things to Consider Before Hiring a Revenue Management Service

Manu Sharma
Manu Sharma
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…
best revenue management software
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How Can You Increase Revenue Beyond Room Sales?

Manu Sharma
Manu Sharma
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…
hospitality strategy
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Ways to Build a Good Revenue Management Strategy

Manu Sharma
Manu Sharma
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…
best revenue management software
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Hotel Revenue Management: How It Is Evolving

Manu Sharma
Manu Sharma
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.…
dynamic pricing strategy in hotels
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Building Traveler Trust and Optimizing Revenue Management Strategy in a Post-COVID World

Manu Sharma
Manu Sharma
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.…
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Revenue Management: Strategies for hotel chains

Manu Sharma
Manu Sharma
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…
GoPAR
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Must have Hotel revenue strategy for more profitability

PRABHASH BHATNAGAR
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…
Hotel Revenue Management
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How hotel inventory distribution impacts revenue management

Prabhash Bhatnagar
Prabhash Bhatnagar
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…
big data analytics
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Top 3 Tips to Increase Hotel Revenue Using Big Data Analytics

Prabhash Bhatnagar
Prabhash Bhatnagar
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…