Hotel revenue management 101: Strategies to boost your topline revenue by 20-30%
Hotel revenue management strategies will significantly increase your ability to drive income at your property and keep a sustainable business plan in place.
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.
Can you increase your hotel room rates in 2019?
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.
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.
10 smart ways your hotel can cut costs and maximise profits
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.
Hoteliers admit finding new ways to manage revenue is their biggest challenge
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...
7 metrics to track to maximise your hotel revenue
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.
How to make more hotel revenue: Take the 14-day challenge
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.
5 reasons why your hotel needs a room rate comparison tool in 2018
Understanding how your room rates compare to the rest of the market in your destination can be important for building revenue management strategies.
Why your hotel needs a comprehensive room inventory strategy
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.
On-demand webinar: The fundamentals of revenue management
SiteMinder, with Revenue By Design, hosted a webinar about the fundamentals of revenue management and how to make your strategy a success.
Your hotel’s ultimate A-to-Z guide to revenue management
This free guide will help your hotel understand every aspect that goes into creating a successful hotel revenue management strategy.
SiteMinder & Sojern Hotel Revenue Report: “Being a data-driven hotelier means tapping into many sources”
SiteMinder has joined forces with travel marketing experts Sojern to produce the hotel industry report ‘How hoteliers can use data to drive more revenue’. Let’s take a look...