Revenue Management

24 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…
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…
Hotel Industry
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Importance of Revenue Management in the Hotel Industry

Shweta Mirani
Shweta Mirani
Revenue management is the most critical aspect of running a profitable hotel business. Using the data available hoteliers can find ways to analyse solutions to what may seem like complicated…
Revenue Management
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Accelerate Your Hotel's Financial Recovery With Hotelogix's Revenue Management System

Shweta Mirani
Shweta Mirani
The hotel occupancy rate for 2019 averaged between 80% and 64% globally. However, due to the global pandemic and consecutive lockdowns, 2020 saw a huge dip in these averages values.…
dynamic rates
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Leverage Historical Data on Bookings and Guest’s Profile to Drive More Revenue

Debiprasad Sarangi
Debiprasad Sarangi
With the entry and dominance of online travel agents (OTAs) hotel owners are interested in employing dynamic rate adjustments to maximize bookings and revenue. This is where revenue management comes…
automated reviews
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How Having the Right Data can Boost Your Independent Hotel Business

Prabhash Bhatnagar
Prabhash Bhatnagar
With the hotel industry evolving so rapidly, change seems to be the only constant. Online Travel Agencies (OTAs), mobile technology and loyalty programs are just some of the changes that…
boost revenue
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[Infographic] 10 Key Reasons to Implement Reputation Management Strategy for Your Hotel

shivam.arora@hotelogix.com
shivam.arora@hotelogix.com
Majority of people look for online reviews before buying a product or choosing any service. Since businesses today are largely dependent on the internet, online reputation management is today critical…
fair price
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Is your independent hotel following the right pricing strategy?

shivam.arora@hotelogix.com
shivam.arora@hotelogix.com
To a hotel guest, it may be surprising to see that the same room categories may charge different rates on different dates and days. Or why even similar category hotels…