Monday, July 22, 2019

Revenue Management

FILTER NEWS:

Improving Your Hotel’s Revenue Through a Multi-Prong Strategy

One of the best ways to increase your hotel’s revenue is by using a multi-pronged approach to increase income while also decreasing your expenses. As a hotel owner,...

How To Build A Pricing Strategy For Your Independent Hotel

While everything looks smooth front of house, at the back end of the hotel, things are a little more complex. Regardless of the type of the hotel...

Interview: Optimising Price, Protecting Loyalty

How do you optimise revenue while pricing sensitively when you are the only hotel on an island, have no competition and a loyal customer base? Add to the...

How Hotel Design & Concept Development Can Benefit From Revenue Management Insights

Over the last few years we have gotten more and more involved in the businesses of our hotel clients. We have seen a clear difference in revenue...

Why Data is Crucial For Pricing and Budgeting

Clinton Campbell, Commercial Director for Apex Hotels, has been working in the UK hotel industry for more than 15 years, with experience working for international brands and...

European Hotel Industry Braced For Brexit Impact

Seven trending hotel news stories that will impact your hotel Revenue Strategy. 1. Brexit Uncertainty Impacts European Visitor Numbers The continued uncertainty surrounding the UK’s exit from the European...

Can Artificial Intelligence Replace Human Intelligence In Hospitality Revenue Management?

A lot has been said recently about revenue managers and artificial intelligence and whether revenue managers in hospitality need to panic about being replaced by AI-driven tools....

Total Revenue Management, The Future Of Revenue Management

Total Revenue Management is a much-discussed concept in hospitality, but in reality it has produced a great deal of confusion. Put simply, it is the revenue management...

Hotel Pricing Strategies: Using Room Types As A Strategic Yield Tool

The rooms of your hotel are one of the most powerful tools you have at your disposal as a revenue manager. It allows you to segment and...

Recovering From Paris’ Price War

Cyril Guersan joined Warwick Hotels & Resorts in Paris in 2014 as a revenue analyst. He soon became a junior yield manager and today is Area Yield...

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