For hotel owners looking to grow their business, a robust revenue management strategy is of the utmost importance, helping to optimize business results. However, under the broader revenue management umbrella,…
PRABHASH BHATNAGAR Sep 13, 2022 Today’s traveler has access to hundreds of hotels at their fingertips. Since the invention of online bookings, promoting your hotel has become even more important.…
Revenue management is concerned with optimizing financial results and is especially popular in industries like hospitality, which must contend with high fixed costs and a perishable inventory. For example, hotels…
Introduction: Why Integration Matters in Hospitality Today’s hotel is more than just rooms and reservations. You may run a fine-dining restaurant, offer in-room dining, operate a wellness spa, or even…
Introduction: Why GDPR Still Matters for Hotels Every time a guest books a room, fills out a check-in form, or signs up for your loyalty program—they’re trusting your hotel with…
Maximizing revenue is a top priority for hotel operators, and achieving this goal often requires the right pricing strategy at the right time. Making room rate adjustments based on demand,…