Hotel Management

JUNE 13, 2024

“Regrettably, skill development in this area is frequently neglected within the accommodation and tourism sectors. . “Revenue management is an essential business discipline that significantly enhances the bottom line,” stated Melissa Kalan, CEO of ARMA.

Yield Management 147

Yield Management Revenue Revenue Management Tourism 147

Demand Calendar

JUNE 28, 2023

The forecasted demand for overnight accommodation at the destination is the most important KPI for hotels to understand. Each demand strength has specific characteristics and potential actions to maximize the total revenue. Let's take a closer look.

KPI 98

KPI Forecasting Revenue Revenue Management 98

Hotel Speak

JUNE 4, 2024

You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR. And in this case, Room Revenue, when we talk about accommodation.

Revenue Management 61

Revenue Management Occupancy Revenue Average Daily Rate 61

Xotels

MAY 30, 2024

You will find it below expressed in a simple formula: Occupancy x Rooms Available x Average Daily Rate (ADR) = Room Revenue Room Revenue can also be expressed in a KPI (key performance indicator) called Revenue per Available Room, or RevPAR. And in this case, Room Revenue, when we talk about accommodation.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Social Tables

SEPTEMBER 14, 2021

A 2020 Bizzabo report showed that over 80% of B2B marketing professionals ranked event engagement as an important KPI for determining an event’s success. Find the right software to accommodate your event. Engaging events are captivating and compelling; they capture the attention of their audience from the start and hold on tight.

Events 176

Events Marketing Market B2B 176

Hotel Management

MAY 10, 2023

Before an excellent lunch, delegates were buoyed by the unveiling of a new logo for Accommodation Australia. The amalgamation of Accommodation Association and Tourism Accommodation Australia (TAA) to form a united body is due to take place on July 1. 69% of the problem is energy consumption.”

Marketing 130

Marketing Market Branding Events 130

Nuvho

AUGUST 30, 2021

If we take short stay accommodation for example, Facebook would definitely be recommended as a primary platform to create a business page. Most have heard of SMART (Specific, Measurable, Achievable, Relevant, Time-Bound) goals and this method should be used to KPI your performance.

Management 52

Management KPI Business Services 52