There has often been confusion for hoteliers around yield management and revenue management - until now. Learn everything you need to know about yield management in the hotel industry.
This article will detail all the important performance metrics at your hotel and teach you how to easily calculate and evaluate them for the improvement of your business.
This formula sheet will allow you to calculate a number of key hotel metrics and keep them all in one place so you can reference them at a glance.
Travellers flock to the world's greatest sights, but they're also becoming interested in new experiences. Here lies a huge revenue opportunity for your hotel.
Using data can make it a lot easier for your hotel to boost revenue and operate more efficiently. Learn what insights and technology to look for.
There’s an increasing emphasis on risk for revenue managers as hotel owners look for new approaches to move the profit needle. We spoke to Melissa Kalan from the Australian Revenue Management Association to get her thoughts on all things revenue.
Economists have long believed the best way to allocate resources - in this case hotel room prices - is to let supply and demand decide. The more people travelling to a destination, the greater the demand on hotels. But not all destinations are created equal.
Hoteliers are thinking carefully and analytically about how they prioritise budget and long-term decisions. Get the cheat sheet for full insights.
It’s certainly true that small improvements can create big results at your hotel. Here are 10 smart ways to easily cut costs and increase revenue quickly at your property.
A new report from SiteMinder has given insight into the key drivers of success for global hoteliers. Here’s what chapter three of the Global Hotel Business Index 2018 told us...
Tracking as much data as possible is the only way to effectively manage the revenue you’re making - and increase it. Here are the most important metrics that your hotel needs to inform your strategies.
Our 14 day challenge will help grow hotel revenue by improving your direct booking strategy, smart pricing, and matching your rates to your guest personas.
Understanding how your room rates compare to the rest of the market in your destination can be important for building revenue management strategies.
In the highly competitive hospitality industry, hotel operators and managers need to have a comprehensive room inventory strategy to make educated decisions about the health and success of their property.