Revenue Management

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…

In my earlier publication, I mentioned how the Hospitality Industry is evolving rapidly and hoteliers must juggle multiple hats to stay ahead.For someone like a large hotel chain, there…

Our recent Webinar with BookingSuite highlighted 2 important aspects: The challenges that hotels face when managing their revenue and the modern technology required to address them. The event saw widespread…

For a hotelier, his main target boils down to maximising occupancy and profitability, it doesn’t get any simpler than that. So how can that be achieved? Well we follow…

The earlier blogs focused on Google’s first two stages of the travel; dreaming and researching. These are the stages where your travelers have heard about a destination and are…

Hotels have a very dynamic supply and demand cycle. To be able to gain maximum revenue from the limited room inventory, the decision to sell the right room at the…

A hotel’s challenge is to sell its inventory at the highest rate possible, with high levels of guest satisfaction; which should guarantee short and long-term profits. In other terms,…

The overall revenue of the hotel is dependent on its pricing strategy. Analyzing historical data on rates, occupancy, competition pricing, price elasticity of revenue and demand are some of the…

The most-awaited, award-winning event is here. InnSpire Conference and Trade show is back as a three day event that is scheduled to take place in California from Sunday, February 08…

Dynamic hotel pricing, also known as Revenue Management is the art of selling the right room to the right person at the right moment & at the right price. Running…