How your hotel can manage cash flow to improve business sustainability
It's vital that you manage cash flow efficiently at your hotel. This blog will run through some tips to keep you on top of your finances.
Revenue Management
Effective revenue management is one of the most important aspects of running your hotel. You need to make intelligent pricing decisions to drive more guests and profit to your property. Explore our articles for a better understanding of revenue management or download our eBook to get started on the fundamentals at your hotel.
Essential hotel sales strategies to increase occupancy and revenue
For a hotel business, increased room sales mean more revenue and profitability. These strategies from SiteMinder reveal how you can book more hotel rooms.
Hotel Distribution: How to reap the benefits of Booking Performance and Pace reports
Your Booking Performance and Pace reports will dramatically hep your distribution and revenue management strategies - giving you more chances to attract the right guests and increase profit.
Hotel pricing and room rate optimisation: The complete guide
Introduction to hotel pricing Obviously pricing plays a huge role in any consumer business, but especially in those businesses that hold a seat in hyper competitive industries such as hotels and travel. In the case of hotels, when your competition can be literally right next door, the pressure is always on to get your room […]
On-demand webinar: Building Beyond the Basics of Revenue Management
In this on-demand webinar, SiteMinder provides a plan for US hoteliers on how to cater for business travelers and attract more corporate bookings.
Demystifying yield management in the hotel industry
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.
How to calculate RevPAR and other hotel performance metrics
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.
Hotel metrics formula sheet
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.
Hotel revenue management: Strategies to boost topline revenue at your property
Hotel revenue management strategies will significantly increase your ability to drive income at your property and keep a sustainable business plan in place.
Making the most of data: Boost the efficiency and revenue of 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.
Hotel Revenue Expert: “Even in great results there’s missed opportunity”
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.
Global Hotel Business Index 2018: What’s the view on hotel budgets and business strategy?
Hoteliers are thinking carefully and analytically about how they prioritise budget and long-term decisions. Get the cheat sheet for full insights.