Friday, February 3, 2023

Revenue Management

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6 Revenue Boosting Strategies for the Hotel Industry

In the years since the hospitality industry was shuttered by the COVID-19 pandemic, the sector has made a significant comeback. By the end of 2022, the global...

The Hotelier’s Guide To Improving Occupancy Rates

The goal of any hotelier is to keep their rooms filled with guests. Although 100% occupancy is difficult to sustain 365 days a year, keeping your percentages...

Why Centralize Your Hotel Revenue Strategy?

Gorgeous Smiling Hotels (GSH) is a young company with the goal to become a pan-European player. We currently operate mainly in the DACH region (Germany, Switzerland, and...

Why Not Implementing Technology Also Comes At A Cost

The forecast and budget season is approaching again. This means that revenue and finance teams are currently evaluating revenue, profit and loss, costs, and investments. For some,...

How To Achieve Revenue Goals Through Sales

The world of hospitality sales has become increasingly competitive. That means it is harder than ever to meet your revenue goals. Not only must you contend with...

How to Use Future Demand Data and Optimize Revenue Management

Using revenue management data science is crucial, especially during the pandemic period. Previous hotel revenue management strategies can no longer be used as a guideline as the...

Why Commercial Teams Must Learn To Trust The Science

We have been inundated with calls to trust the science since the pandemic began. Similarly, we consistently hear from hotel commercial teams that they have significantly fewer...

Pandemic Has Encouraged Creativity & Tech Adoption

Stay up to date with the latest trending hotel news stories that will impact your hotel Revenue Strategy. 1. Hoteliers Forced To Seek Creative WaysTo Drive Revenue in...

Hotel Room Sales Strategies: To Increase Occupancy & Revenue

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...

Nightly Hotel Audit Reports That Are a Must!

As part of the order of running a hotel, most hotel owners conduct nightly audits on their day’s business to ensure that all accounts are reconciled, pending...

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