Introduction This new focus acknowledges that while revenue is crucial, it is the profitability that ultimately determines a hotel’s financial health and success. Profitability management encompasses a broader perspective, considering …
From Hotel Revenue Management to Hotel Profitability Management Read More »
In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth …
Table of Contents In this blog post “The Battle for Fair Prices: Solving Hotel Rate Disparity for Owners and Managers,” the author explores the complex issue of hotel rate disparity, …
The Battle for Fair Prices: Solving Hotel Rate Disparity for Owners and Managers Read More »
Table of Contents If you own or manage any restaurant, you’ve probably realized that there’s much more to your business than just making tasty food. Menu engineering is one of …
Table of Contents Revenue management meetings indeed help businesses maximize revenues and yields. But what parameters guarantee a successful revenue management meeting? How can you get better results from such …
How To Run A Successful Revenue Management Meeting Read More »
I have been fascinated by this new world around the Web 3.0 Economy and everything around Blockchain, Cryptocurrencies, NFTs, Smart contracts, DeFi, Decentralized Storage and the Metaverse. This has (and certainly will) …
2022: The Year of the First Revenue Manager in the Metaverse? Read More »
Introduction It is a no-brainer that peak seasons are preferred by hoteliers as they can enjoy high level of demand and therefore reach full hotel occupancy more easily. However, this …
8 Effective Ideas to Boost Your Hotel’s Demand This Winter Read More »
Introduction Good news for the hospitality industry: PwC forecasts hotel occupancy rates will be at 55% this year, which is much higher than it was in 2020. Based on the pace of …
Introduction Measuring hotel performance can become very complex considering its diverse source of revenue. As for many businesses, a hotel’s revenue is reliant on the level of market demand and …
RevPAR, RGI and Other Important Hotel KPIs to Start Tracking Read More »
Choosing his career path is not always a piece of evidence. The moment when you question yourself and try to determine what could inspire you every morning is often the …
Reasons why Revenue Management is getting more attractive for students Read More »
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