Hotelogix

JULY 11, 2024

As an independent hotel owner, you understand the challenges of driving revenue in a competitive market. In this blog, we will delve into different aspects of hotel revenue management and explore top tips and tricks to help you optimize your hotel’s revenue potential. 

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Cloudbeds

JANUARY 22, 2025

EBITDAR formula explained One way to calculate EBITDAR is first to determine earnings by subtracting all expenses from revenue and then adding back five cost categories. EBITDAR is calculated using details from the income statement, which presents a company’s revenues and operating expenses over a specific period.

Revenue 40

Revenue Hotels Operations Average Daily Rate 40

Inn Quest

SEPTEMBER 5, 2023

Hotel inventory management is the process of efficiently overseeing and optimizing a hotel’s available resources including rooms, services and facilities, to maximize revenue and guest satisfaction. Food and Beverage: Restaurants, bars and room service are vital revenue streams.

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Management Overbooking Revenue Hotels 87

Hotelogix

AUGUST 27, 2024

This means using a mix of online and offline channels, like Online Travel Agents (OTAs), meta-search engines, direct bookings, reviews, Global Distribution Systems (GDS), and more. Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market. 

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Global Distribution System OTA Revenue Hotels 52

SiteMinder

AUGUST 1, 2024

SiteMinder’s platform empowers you to execute your hotel business plan seamlessly and drive revenue growth. Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain. Revenue and pricing Now we’re onto the good bit!

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Business Revenue Hotels Occupancy 95

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. in the next 12 months. million people.

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Occupancy Hotels Revenue Cancellation 59

eZee Absolute

OCTOBER 24, 2024

But before we get into the techie part, let’s understand what exactly hotel distribution is. Simply put, hotel distribution refers to the process by which hotels make their rooms, rates, and inventory available to potential guests. When it comes to distribution, AI plays a pivotal role by streamlining and enhancing various processes.

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Hotels Revenue Management Overbooking Revenue 59

SiteMinder

OCTOBER 11, 2022

From hiring all staff to scheduling maintenance to creating new revenue management strategies , the hotel management team is extremely busy. Revenue manager. The main goal of the sales and reservations department is to increase room bookings and boost revenue. Operations manager. Night duty manager. Front of house manager.

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Operations Management Hotels Revenue Management 59

Catala Consulting

FEBRUARY 24, 2025

Hotel distribution is the backbone of a successful revenue management strategy. In todays digital landscape, travellers have countless ways to book a hoteldirect websites, online travel agencies (OTAs), global distribution systems (GDS), metasearch engines, and even social media platforms.

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Global Distribution System OTA Forecasting Revenue Management 52