Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 4, 2024

Historically, this is described as “fair share” of the market performance. This automation and immediacy deliver more accurate demand and price forecasts and reduce the risk of human error. By doing competitive benchmarking, hoteliers can assess how well strategies perform over different periods.

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

eZee Absolute

AUGUST 25, 2024

They faced their fair share of challenges. Plus, YCS software has been instrumental in helping us implement revenue forecasting and dynamic pricing. Terra Paraiso , a stunning beach resort nestled in this paradise, embodies the Goan spirit. YCS Support and Revenue Optimization "The best thing about YCS is the 24/7 support.

Resorts 52

Resorts Revenue Fair Share Operations 52

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Hotel Business

AUGUST 11, 2023

I worked in the warehouse and was recruited into the kitchen to help with production at certain times and trust me, I also did my fair share of dish engineering. What are some trends you’re forecasting for the next few years? To say the least, my father wasn’t too happy with me getting a job at 14. He was pretty upset.

Fair Share 52

Fair Share Hospitality Operations Forecasting 52

SiteMinder

OCTOBER 10, 2022

An index number higher than 100 indicates you are capturing more than your fair market share, whereas an index number below 100 indicates you are capturing less than your fair share. In other words, the higher your index number, the better your hotel is performing. ADR = Total room revenue/total rooms sold.

Average Daily Rate 52

Average Daily Rate Occupancy Revenue Hotels 52

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. Use this data to forecast demand and adjust your prices accordingly. When are your peak seasons?

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59