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 financing: Your complete guide to funding and investment

Looking to fund a new hotel, refinance an existing hotel, or gain further investment? Our guide to hotel financing is what you need.

Hotel accounting: Your property’s comprehensive guide

Hotel accounting is an essential yet complicated part of running a successful hotel business. Let us break it down for you.

What is ALOS and how do you calculate it?

In this article, you’ll find everything you need to know about ALOS, and how to use it to further improve your property’s results.

Hotel financial statements: What are they and how to read them

This guide walks through everything you need to know about financial statements for hotels what key insights they can provide to your business.

Hotel Star Reports: What are they and how to read them

This guide covers all you need to know about this essential hotel benchmarking tool: what an STR report is, what it can tell you, how to get one and how to read and analyse one.

How to succeed as a hotel revenue manager in 2022

Whether you are new to the industry or catching up with the fast evolution, this blog will introduce you to the responsibilities of revenue managers and how they can succeed in 2022.

What is EBITDAR and how do you calculate it?

EBITDAR is yet another way to track your hotel’s financial health. It can really help you measure your performance against similar properties in the industry.

What is GOPPAR and how do you calculate it?

Just like other metrics such as RevPAR or TrevPAR, GOPPAR allows you to look at key revenue insights and make smarter business decisions based on data.

What is RevPASH and how do you calculate it?

RevPASH is an important metric to measure if you have any kind of restaurant, theatre, or similar outlet in your property where guests gather and spend revenue.

What is TrevPAR and how do you calculate it?

Just like other metrics such as RevPAR and ADR, TrevPAR will give you key insights into how revenue is being earned at your property and what you can do to optimise it.

Hotel ADR: Your complete guide to average daily rate for hotels

ADR is still a relevant metric and can play a key role in how you understand revenue performance at your hotel and how you adjust your revenue management strategy.

Hotel revenue forecasting: Definitions, models, and best practices

As unpredictable as it can be at times (especially through the COVID-19 pandemic), forecasting is still an important part of running a hotel and being able to make strategic revenue management decisions.

Hotel KPIs: How should hotels be measuring success?

KPIs help you evaluate whether your strategy is working and also give your whole team something to focus on and drive towards on a day-to-day basis. In this blog we’ll look at a variety of the ways your hotel can measure success and why some KPIs are so vital.

Webinar On-Demand – How to work towards Total Profit Management

Hotel Revenue Management has evolved over the years, giving hoteliers new strategies to improve their pricing and optimize the profitability of their businesses. The AI and its modern algorithms are […]