revenue challenges in hospitality industry

5 posts
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.…
best hotel chains
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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…