Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Cloudbeds

APRIL 8, 2024

Travelers should have full transparency when looking at your booking engine’s calendar to see restrictions like length of stay, closed-to-arrival, and closed-to-departure so they can easily choose dates without running into errors. Transparency. First impressions matter. Intelligent pricing. Multi-property functionality.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

SiteMinder

DECEMBER 7, 2023

It lays the groundwork for effective rate management, allowing for strategic adjustments while maintaining a level of predictability and stability in pricing. These restrictions help in managing room availability more effectively, especially during peak periods or special events.

Management 59

Management Average Daily Rate Occupancy Revenue 59