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5 Tips to Building a Casino Revenue Management Strategy

Hotel Speak

When it comes to revenue management, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenue management strategy can help casino managers market their casino to the right audience and price their products to boost bottom-line revenue.

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EBITDAR explained: Driving financial health for hotels

Cloudbeds

EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring/Rent) is a profit metric that excludes costs not directly related to operational performance. This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses.

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Cloudbeds and Duetto Announce Strategic Partnership to Drive Innovation in Hotel Revenue Optimization

Cloudbeds

San Diego, CA Cloudbeds , the innovative leader in hospitality management technology, and Duetto , the industrys leading revenue management software provider, announced a strategic partnership to empower hoteliers with advanced tools for optimizing revenue and operational efficiency.

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Choice opens 500th extended-stay property

Hotel Business

Located along the New River with scenic views and a riverwalk, the hotel is near Luke Air Force Base, Arizona State University West Valley Campus, State Farm Stadium, Desert Diamond Casino and St. WoodSpring Suites is on track for another record opening year with a forecast of 25 openings by year-end. Joseph’s Westgate Medical Center.

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Hospitality sectors: What are they?

SiteMinder

This blog explains hospitality sectors, how they operate, and how you can use this knowledge to better position your hotel business for success. It is worth noting that not all food and beverage businesses are standalone operations. Operating a hotel is not one-size-fits-all. Table of contents. The four hospitality sectors.

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Benefits of Yield Management in the Hotel Industry

Inn Quest

This strategy ensures that hotels are continuously operating at an optimal occupancy rate, maximizing their revenue while meeting customers’ needs. Increased Efficiency Yield management can also increase the efficiency of hotel operations. Improved Customer Satisfaction Yield management can also improve customer satisfaction.

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Year in review: bespoke designs and positive vibes from Modieus

Hotel Designs

So, when it came to the $65m renovation of Wrest Point, Australia’s first legal casino, The Federal Group called on Altis Architecture who chose Modieus to help bring our interior visions to fruition. Each chapter has an original colour palette, developed by the team as part of their 2023 colour trends forecast.

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