Cloudbeds

JANUARY 22, 2025

Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. Consider offsetting rent costs by subleasing underutilized spaces, such as conference rooms or retail areas.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Cloudbeds

DECEMBER 2, 2024

As the departure date nears, the models continuously update pricing strategies based on current booking trends and competitors’ prices, raising or lowering rates to maximize revenue. Points above the line indicate days when the hotel’s occupancy outperforms the compset average, while points below the line indicate underperformance.

Forecasting 75

Forecasting Revenue Management Occupancy Revenue 75

Little Hotelier

FEBRUARY 25, 2024

Another common strategy utilised in hotel revenue management consulting is to identify other potential revenue streams, from value-adding services, to new target markets, to opportunities to upsell and cross-sell. Strategies include offering add-ons and extras during the booking process, or upselling a guest to a more premium room.

Revenue Management 52

Revenue Management Revenue Services Management 52

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

You’ll need smart revenue management and pricing strategies if you want to optimise your Average Daily Rate (ADR). Determine guest behaviours – If you notice that female guests correlate with more retail revenue in the hotel, think about implementing promotions during these periods to bolster sales even more.

Operations 52

Operations Management OTA Hotels 52