revenue management for the hospitality industry

5 posts
customization of offerings
members

Ways to Drive Higher Revenue with Higher Guest Satisfaction

PRABHASH BHATNAGAR
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…
average hotel operating costs per room
members

Finding Additional Ways to Boost Your Revenue Beyond Bookings

PRABHASH BHATNAGAR
When you’re looking to garner additional profits for your hotel, coming up with ways to achieve this can be difficult. Profit margins in the hospitality industry are smaller than…
best revenue management software
members

How Can You Increase Revenue Beyond Room Sales?

PRABHASH BHATNAGAR
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…
best revenue management software
members

Hotel Revenue Management: How It Is Evolving

PRABHASH BHATNAGAR
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.…
booking hotel
members

Hotel Room Sales Strategies: To increase Occupancy and Revenue

PRABHASH BHATNAGAR
Hotel room sales are more than just getting another guest to walk through the doors of your property. If done right, room sales can significantly improve your hotel business in…