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.
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 ADR: Your complete guide to average daily rate
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 able to accurately predict demand and recommend sales strategies that yield the highest possible revenue. Nowadays, hoteliers need to be creative and implement new strategies […]
SiteMinder’s expert content series: Revenue management edition with Markus Seemann
In this edition we spoke to Markus Seemann, founder of 9seemeilen Hospitality, about all things hotel revenue management.
Webinar On-Demand – Reven-new in 2022: Maximizing opportunities in an ever changing market (USA)
Direct bookings are on the rise, but how can hoteliers capitalise on them? See how plug-in apps can boost direct revenue and increase conversions.
Webinar On-Demand – Reven-new in 2022: Maximising opportunities in an ever changing market (UK)
Direct bookings are on the rise, but how can hoteliers capitalise on them? See how plug-in apps can boost direct revenue and increase conversions.
Webinar On-Demand – Reven-new in 2022: Maximising opportunities in an ever changing market (Australia)
Direct bookings are on the rise, but how can hoteliers capitalise on them? See how plug-in apps can boost direct revenue and increase conversions.
RevPAM: What is it and why does it matter to your hotel revenue management strategies?
This blog will tell you everything you need to know about RevPAM and give some tips on optimising your revenue management plans.
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.
On-demand webinar: Revenue Management Simplified (EMEA)
SiteMinder and IDeaS joined forces again to present a global webinar series focused on advanced revenue management tactics and education to help hoteliers gain revenue wisdom and build strategies for the ever-changing market. Revenue management experts Revenue by Design also joined to share real-world examples of what hoteliers have done successfully. Watch the recording to […]