Thursday, July 9, 2020

Revenue Management

FILTER NEWS:

A Little-known Tax Strategy Could Increase Revenue For Hoteliers

Cost Segregation benefits hotel owners in the tens of thousands or more. Running a hotel is no easy task and comes with various expected and unexpected expenses. Every...

The Five Changes Expected in the Hotel Industry

Returning to operations in our new environment is sure to bring many expected and unexpected challenges. Between figuring out social distancing protocols and mitigating risk throughout the...

Upselling: A Pushy Sales Technique or a Great Communication Tool?

People are talking and writing about it more than ever – ways to create more revenue at hotels. Positive news of consumers’ strong intent to travel after the...

How To Be Smart With Your Time When Revenue Is Down

Recent global events have been a stark reminder of the volatility of our tourism industry. While we know sudden downturns can be a stressful and uncertain time,...

3 Reasons to Focus on GOPPAR

For many hoteliers, generating revenue is the main focus. They are obsessed with key performance indicators such as revenue per available room (RevPAR). However, if RevPAR is...

How To Increase Hotel Revenue in Low Season

Hotel low season revenue has long been considered to simply be an unfortunate fact of the industry. It brings less demand and, therefore, lower revenues too. But...

Hospitality Upselling Report

Upselling is a must if you would like to provide your guests with that little bit extra that will make them prefer your hotel to Airbnb and...

Building a Successful Revenue Strategy For 2020

Building a strategy for 2020 is a means to being successful, to achieve your objectives. The starting point is knowing your objective, which is usually achieving your...

How to Configure your Hotel Rooms and Rooms Types

Inventory, the number of rooms available to distribute or sell across channels, is the most important aspect of your hotel business. With an updated inventory, you can control...

Could Your Hotel’s Channel Strategy Be Costing You Direct Bookings?

As part of our Hotel Heroes content series, our industry leaders have been penning their own thoughts on their areas of expertise, and offering advice on how...

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