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.

Hotel using room pricing intelligence to manage distribution

Why your hotel’s channel manager needs the help of a room pricing tool

To quickly set your rates across all your distribution channels, your channel manager software will need the help of a hotel room pricing tool.

Local hotels compete for guests and market competitiveness

Competing with the local hotel market: 5 ways you can stay on top

Maintaining competitiveness in the local hotel market is a constantly and increasingly difficult challenge. These tips from SiteMinder will help you stay on top.

Revenue management for hotels

How to price your hotel rooms (when you’re not a revenue manager)

While revenue management can be complex and time-consuming, there are clever ways to make life easier as you strategise your hotel’s pricing. Explore these tips from SiteMinder.

A hotelier determining their RevPAR from GOPAR

Do you know your RevPAR from your GOPPAR?

Are there too many revenue management metrics? Find out which ones you should be tracking and why.

revenue management Prophet

Meet the creators: SiteMinder’s Mike Rogers says Prophet “is not a revenue management system, it’s a recommendation system”

The Channel Manager and Prophet are SiteMinder’s oldest and newest products respectively. CTO Mike Rogers discusses the virtues of the hotel tech solutions.

Free Infographic: 5 ways to get ahead of your local hotel competition

How closely do hotels watch their local competition? SiteMinder gives you 5 quick wins to stay ahead of your competitors.

11 effective ways to boost your hotel’s midweek occupancy and revenue

Discounting is never a good strategy for boosting your hotel’s bookings. So here are 11 effective ways to boost your hotel’s midweek occupancy and revenue.

Red sign showing high occupancy at a hotel

How to manage high occupancy rates and build better guest loyalty programs

When your hotel occupancy is near capacity, it’s the perfect time to work on guest loyalty. Here’s how to engage your guests and improve long-term business.

Hotel Room Pricing Tool: What benefits and features should you look for?

What are the benefits of using a pricing intelligence tool at your hotel? SiteMinder explores the key elements should you need for your pricing strategy?

5 best ancillary revenue ideas for independent hotels

5 best ancillary revenue ideas for independent hotels

Implementing ancillary revenue ideas will lead to a more fulfilling guest experience and flood your hotel with a whole new source of revenue.

Revenue Management Skills: Are you fully optimising your hotel’s pricing strategy?

What key tactics should you be executing to ensure your hotel’s pricing strategy is up to scratch? Here’s your to-do list…

hotel revenue management

8 reasons your independent hotel needs revenue management technology

Revenue management technology is just as important for smaller hotels as it is for big chains. Here’s 8 reasons why you need to pay attention to your data.

Revenue Management Advice: 5 simple tips for increasing your hotel’s average daily rate

The average daily rate (ADR) is a key performance indicator that hotels use to track success over a specific length of time. Here’s how to increase yours.

hotel management software system

Your hotel’s pricing strategy: 8 benefits of using SiteMinder’s Prophet

Prophet is a market intelligence tool that provides real-time insight while staying true to SiteMinder’s promise to keep things simple. Here’s what you need to know about it.

5 simple ways to capitalise on events near your hotel and boost revenue

There are many ways you can use an event to adjust your revenue strategy and improve the popularity of your hotel. Check out out tips…

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