Demand Calendar

APRIL 25, 2023

It helps stakeholders make informed decisions about marketing-, sales-, revenue strategies, and overall business planning. This type of forecasting is essential for understanding the total demand for accommodation in a destination.

Forecasting 96

Forecasting Occupancy Accommodation Revenue 96

Hotel Speak

JULY 19, 2024

Whether you accept transient or group business to your hotel is more than just a revenue management question. It’s also a risk management question. And what is the philosophy of the hotel, the ownership, the general manager, and other stakeholders? They don’t pull folio data into their revenue calculations.

Revenue 85

Revenue Management Revenue Management Average Daily Rate 85

SiteMinder

MARCH 17, 2025

The title can varysome properties use terms like hotel manager, lodging manager, or director of hospitalitybut the core responsibilities remain the same. The hotel director sets expectations for service, supports team performance, and ensures the property is meeting its revenue and occupancy targets.

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SiteMinder

MARCH 25, 2025

A skilled reservations manager can directly influence your revenue by ensuring your rooms are always accurately represented across booking channels, minimising missed opportunities due to errors or delays. What does a hotel reservations manager do? The reservation department is responsible for managing all incoming bookings.

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Demand Calendar

AUGUST 28, 2024

By adopting advanced technology and analytics, hotels can unlock new opportunities to optimize pricing, improve occupancy, and elevate room revenue. This blog post will guide you through the essential preparations to move from basic, manual methods to a comprehensive, data-driven revenue management approach.

Revenue Management 98

Revenue Management Revenue Occupancy Hotels 98

Demand Calendar

APRIL 6, 2023

Top-line management in a hotel refers to the strategies, actions, and decisions made by the hotel's management team to maximize the hotel's total revenue, which includes room sales, food and beverage sales, event space rentals, and any other income-generating activities.

Management 97

Management Occupancy Revenue Sales 97

Little Hotelier

JULY 18, 2024

Hotel tax, also known as occupancy tax, lodging tax or bed tax, is a tax that US authorities impose on the rental of hotel rooms and other forms of short-term accommodation. Is hotel occupancy tax state or local? The revenue generated from hotel taxes is often used to fund local tourism, infrastructure and community projects.

Occupancy 52

Occupancy Accommodation OTA Hotels 52

Demand Calendar

MAY 15, 2023

While comforting in its familiarity, traditional revenue management is akin to focusing on the tip of the iceberg, ignoring the vast potential lurking beneath the surface. It's time to dive deeper beyond the allure of high occupancy rates and RevPAR.

Revenue Management 98

Revenue Management Revenue Occupancy Hotels 98

Little Hotelier

AUGUST 12, 2024

Dial up your hotel’s efficiency and earn more revenue. As a property management system built specifically for small properties, that’s exactly what Little Hotelier can deliver. The goal is to maximise revenue while minimising costs. The goal is to maximise revenue while minimising costs.

Average Daily Rate 95

Average Daily Rate Revenue Occupancy Operations 95

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. based on your projected occupancy and service levels.

Business 95

Business Revenue Hotels Occupancy 95

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. Think of it as the art behind the science of room supply and demand.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Demand Calendar

MARCH 3, 2025

Focusing primarily on occupancy-based KPIs can narrow the view of a hotel's performance. The logic is often simple: More people in rooms equals more revenue. High occupancy numbers can offer a seductive sense of security, but they don't necessarily paint a complete picture of a hotel's financial well-being.

Occupancy 59

Occupancy Revenue Hotels Operations 59

Demand Calendar

FEBRUARY 19, 2024

Imagine your hotel boasts an average occupancy rate of 70%. However, a closer look reveals you're wholly booked every Saturday with 100% occupancy, while you have fewer guests on Fridays. It's time to address the elephant in the room – relying solely on averages in the hospitality industry just won't cut it.

Occupancy 94

Occupancy Hotels Hospitality General Manager 94

Demand Calendar

APRIL 4, 2024

Let's shift perspective—away from the numbers game of occupancy and rates and toward creating value-rich, unforgettable stays. I want to inspire hoteliers to embrace innovative strategies that resonate with modern travelers, setting a new standard for hospitality excellence beyond competitive pricing.

Hospitality 98

Hospitality Occupancy Travel General Manager 98

Demand Calendar

JUNE 24, 2024

To maximize occupancy, hotels might unintentionally compromise the quality of guest experiences, hurting overall satisfaction and long-term loyalty. Putting too much emphasis on these metrics can shift focus away from the most critical aspect of the hospitality industry: providing exceptional customer service.

Occupancy 98

Occupancy Services Hotels Hospitality 98

Cloudbeds

APRIL 8, 2024

Many hoteliers question if it’s worthwhile investing in a direct booking strategy or if they can solely rely on online travel agencies (OTAs) like Airbnb, Booking.com, or Trip.com to fill occupancy. Increase revenue and profitability An integrated booking engine is a game-changer for increasing revenue and overall profitability.

OTA 98

OTA Upsell Average Length of Stay Revenue 98

Little Hotelier

MARCH 25, 2024

Once your hotel has an idea of demand, you can make tweaks to your room and service prices that help maximise revenue and occupancy. Price and promote your property better with Little Hotelier Little Hotelier's Insights tool gives you more control, more support and more revenue.

Forecasting 52

Forecasting Cancellation Average Length of Stay Revenue 52

Cloudbeds

NOVEMBER 13, 2024

From conversations with general managers to PR professionals and restauranteurs – we’ve compiled a list of the top hospitality podcasts today to help hoteliers boost their industry knowledge and take away practical tips for success. No matter what role or interest you have in hospitality, there’s a podcast for you. Who’s it for?

Hospitality 52

Hospitality Events Hotel Marketing Marketing 52

SiteMinder

AUGUST 30, 2023

Here’s why they’re beneficial: Revenue diversification Hotel packages allow you to diversify your revenue streams by upselling various services and amenities. Whether it’s spa treatments, dining experiences, or exclusive tours, these packages encourage guests to spend more, boosting your overall revenue.

Hotels 98

Hotels Services Revenue Business 98

Hotelogix

FEBRUARY 28, 2025

This article will show you how ChatGPT can help hotels keep guests engaged , improve their experience, and increase revenue , all while reducing staff workload. From decision-makers of hotels, to general managers and front office teams, they can use ChatGPT effectively if they know how to ask the right questions.

General Manager 52

General Manager Hotels Forecasting Upsell 52

Hotelogix

SEPTEMBER 12, 2024

General Management: General Managers take care of the overall administration of a hotel. A Hotel PMS provides several operational reports, including a history and forecast report, revenue report, reservation report, housekeeping report, night audit report, financial report, guest history report, occupancy reports, etc.,

Management 52

Management Revenue Management Hotels Operations 52

Hotelogix

OCTOBER 14, 2023

That being said, there are a handful of KPIs for hotel general manager which help hoteliers meet the benchmarks set. It is calculated by taking the Average room revenue and dividing it by the total number of rooms sold. The occupancy rate is found out by dividing the number of occupied rooms with the total available rooms.

KPI 52

KPI Average Length of Stay Average Daily Rate Occupancy 52

Boutique Hotel News

NOVEMBER 14, 2022

Ireland was a surprising addition to the list of countries with high occupancy levels, in this case a result of housing refugees. She went on to say that by not targeting one specific sector, The Other House is generating new revenue streams particularly from hybrid workers. .

Events 64

Events Real Estate Dining Revenue 64

Little Hotelier

SEPTEMBER 2, 2024

Boost your hotel's reputation and occupancy Effectively boost guest satisfaction and request feedback to enhance your reviews with Little Hotelier. Impact on bookings : Google reviews can directly affect your occupancy rates. It’s allowed us to unlock this huge revenue opportunity with accommodation that we didn’t know was possible.

Hotels 84

Hotels Services Occupancy Business 84

Cloudbeds

JUNE 5, 2024

There used to be a time when hotel revenue managers simply had to look at predicted demand and keep an eye on competitors’ rates to optimize pricing. For revenue managers, that meant adding a new strategy (and a new skill) to their decision-making: reputation pricing. without harming its occupancy rates.

Revenue Management 52

Revenue Management Revenue Occupancy Average Daily Rate 52

MBA Hotels

OCTOBER 15, 2019

Occupancy remains high overall, though around zero growth nationally. Average daily rate is the main driver of revenue per available room (RevPAR) growth. STR RevPAR Forecast ] Slow and steady revenue growth is keeping the industry optimistic, but it’s the profitability which is worrying some hotel investors and management companies.

Average Daily Rate 52

Average Daily Rate Forecasting Revenue Management 52

Little Hotelier

SEPTEMBER 24, 2024

Make operations easier and boost revenue with Little Hotelier Simplify daily tasks, increase direct bookings, and optimise your property’s revenue with Little Hotelier’s all-in-one platform. Learn more Why are hotel interview questions important for managers? What was the outcome?

Management 98

Management Hiring Hotels Intent 98

SiteMinder

SEPTEMBER 11, 2022

Anyone who needs a clear path to action, from general managers to revenue generating or teams of subdivisions, will find their time spent on this analysis rewarded with valuable insights and a clear course of action. Should actions lead to the achievement of a new goal for occupancy or ADR? How to perform a S.W.O.T

Hotels 91

Hotels Business Marketing Market 91

Boutique Hotel News

DECEMBER 20, 2022

Marc Saunders, director of marketing at Splendid Hospitality, also believes there is opportunity to drive revenue by activating hotel spaces with retail partnerships. A recent Knight Frank report supports this idea, revealing that ancillary revenues have increased in 2022 with the contribution to total revenue rising by 1.5

Travel 124

Travel Hotels Branding Consumer 124

SiteMinder

JANUARY 8, 2024

Hospitality management is simply a broader term that can be applied to any business in the hospitality industry: not just hotels, but restaurants, bars, cafes, tour companies and more. Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform.

Operations 59

Operations Management OTA Hotels 59

Hotel Operations

APRIL 28, 2023

Brigitte’s journey to guest experience leadership As head of revenue strategies and communication for Coast Hotels, Brigitte Diem-Guy may seem like an unlikely person to lead guest experience management, but if you talk with her for a few minutes, you can see she’s the perfect person. It shows ways that we can improve even further.”

Management 80

Management Hotels Branding Hiring 80

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results.

Revenue 52

Revenue Revenue Management Management General Manager 52

Amadeus Hospitality

MAY 29, 2023

Quest first launched the partnership last year with an Australia-wide GDS advertising campaign that delivered a 60% increase in GDS revenues over the trailing 12 months, and a double digit return on ad spend (ROAS).

Business 52

Business Global Distribution System Travel Marketing 52

Hotelogix

OCTOBER 18, 2023

It can only be possible when a cloud-based multi-property management system powers your group-wide operations. However, if you have a multi-property management system, it just takes a few clicks to know what you want to know. And for this, a Central Reservation Office CRO tool is what you need the most.

Operations 52

Operations Management General Manager Hotels 52

SiteMinder

OCTOBER 11, 2022

As we’ve already covered, the front of house manager at a hotel handles all customer-facing operations and is largely responsible for ensuring a positive customer experience. Hotel general manager. This is the most senior of all hotel management positions. Operations manager. Revenue manager.

Management 72

Management Hotels Services Operations 72

SiteMinder

JANUARY 8, 2024

Hospitality management is simply a broader term that can be applied to any business in the hospitality industry: not just hotels, but restaurants, bars, cafes, tour companies and more. Hotel management made easy Streamline hotel management, boost revenue, and enhance guest experience with SiteMinder's smart platform.

Operations 52

Operations Management OTA Hotels 52

Travel Media Group

JULY 19, 2023

So what we would do is we would send customized and personalized emails to our guests from the general manager before, during, and after the stay. We are also working to really focus on demand generation and capturing demand and occupancy as it sort of stabilizes and resets to a degree.

Hospitality 97

Hospitality Marketing Market Business 97