SiteMinder

APRIL 25, 2024

The gap, observed and experienced by many, suggests that the industry has far from realised the full potential that the practice holds for today’s accommodation businesses. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Xotels

APRIL 3, 2024

Start increasing your revenue today by reading our all-in-one ultimate guide on what is revenue management from our expert perspective as a hotel revenue management consulting company. Article Summary: What is the Definition of Revenue Management? Why is Revenue Management Important to Hotels & Other Industries?

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

eZee Absolute

OCTOBER 11, 2023

Nestled in the breathtaking mountains of Uttarakhand, Sidus Galaxy Resort & Spa stands as a picturesque retreat, offering guests an exquisite blend of luxurious accommodations, personalized services, and unique experiences, all framed by the awe-inspiring backdrop of the Himalayan snowclad peaks.

Resorts 52

Resorts Management Sales Yield Management 52

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market.

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

Xotels

APRIL 3, 2024

Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering. Generate Ancillary Revenue Understanding how to generate ancillary revenue for your hotel begins with understanding its meaning.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Xotels

MAY 30, 2024

And in this case, Room Revenue, when we talk about accommodation. In a formula it is expressed as follows: Occupancy x ADR = RevPAR In the end, it is not about occupancy or ADR, average daily rate, but about how much money is made by the hotel. The term for turnover used in a hotel is revenue.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

Cloudbeds

JULY 15, 2023

And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management.

Management 76

Management OTA Cancellation Overbooking 76

Xotels

AUGUST 9, 2021

On top of that, most metasearch advertising management platforms, such as Meta I/O, also give advertisers the opportunity to work in PPS on some markets and in CPC for others, maximizing ROAs and increasing NRevPAR. Thanks to this update, accommodation providers can appear on Google Ads even without bidding on the platform.

Market Share 52

Market Share Hotels OTA Cancellation 52

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results. Very user friendly, simple to use.”

Revenue 52

Revenue Revenue Management Management General Manager 52

SiteMinder

JANUARY 10, 2024

We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.” Atchara Nakpoom, Revenue and Reservations Manager Kirimaya Read more

Management 59

Management Hotels Services Business 59

Xotels

DECEMBER 12, 2024

Tour Operators Tour operators bundle accommodations with travel services, offering pre-arranged packages. These platforms can drive direct bookings while enhancing your visibility. To maximize Metasearch revenue and ROI , invest in targeted advertising and ensure your listings are updated and compelling.

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Xotels

APRIL 3, 2024

Ancillary revenue refers to income derived from goods or services offered beyond the core accommodations offering. Generate Ancillary Revenue Understanding how to generate ancillary revenue for your hotel begins with understanding its meaning.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40