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Revenue optimization: Full guide for hotels

SiteMinder

While revenue management is more focused on a hotel’s pricing and availability to maximize revenue, revenue optimization takes a broader approach to include a full range of revenue sources that includes food and beverage, spa services, events, classes, and other ancillary revenues.

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How to start a hotel business plan

SiteMinder

Revenue and pricing Now we’re onto the good bit! Here’s where you’ll project your hotel’s revenue streams , including room revenue, food and beverage sales, and other ancillary revenue sources. Budget : [projected expenses for staff salaries, utilities, supplies, marketing, and other operational costs].