Revenue Management

There’s more data available about your guests than ever before. Today, we’re learning about travelers who visited our websites, began searching dates and locations, but left without booking. This provides…

This article was written by Restaurant Hospitality. Click here to read the original article Senior Food & Beverage Editor Bret Thorn is senior food & beverage editor for Nation’s Restaurant…

This article was written by Restaurant Hospitality. Click here to read the original article The Consumer Price Index data released Wednesday morning from the Bureau of Labor Statistics show that menu prices ticked…

Types of Reports in Hotel- 8 Must-Have Hotel PMS Reports Table of Contents

Imagine yourself as the Sherlock Holmes of hospitality, piecing together clues to solve the case of boosting your hotel’s revenue. One of the intriguing clues? Minimum stay restrictions. This strategy…

Defining Pricing Strategies Dynamic pricing is a strategy in which the price of a product or service is adjusted in real time based on various factors such as demand, market…

The French capital’s summer got off to a slow start as tourists avoided the city early on, fearing overcrowding and high prices during the Olympics Aug 20, 2024 Hotel bookings…

This article was written by Lodging Magazine. Click here to read the original article SINGAPORE—Wyndham Hotels & Resorts introduced its Trademark Collection brand to South Korea with the opening of…

The rich get richer and the poor get poorer. It’s a bit reductive to employ the aphorism to describe the current state of the hotel industry, sure, but it’s not…

For most hoteliers, thoughts of budget season are accompanied by the stress of long days packed with meetings about profit and loss statements. This is no different in the revenue…