Tuesday, June 6, 2023

Revenue Management

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Five Ways to Increase Your Hotel’s Revenue

Running a hotel is one of the most dynamic businesses out there. It makes a huge difference whether your hotel is a modest, comfortable, and affordable place...

Six Revenue Management Trends to Watch

2022 was a year when we saw a significant move to cloud-based technology. Staffing pressures and market variability meant that hotels needed to implement systems that could...

How to Increase Revenue in your Hospitality Business

Increasing revenue is the primary goal of every business, and accommodations are no exception. But what actions can you take to increase your revenues? In this article...

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...

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