eHotelier

JULY 16, 2024

By combining modern technology with an analytical mindset, you can refine your operations, target high-performing markets, and realign your offering with consumer demands to achieve sustained revenue growth.

Revenue 111

Revenue Services Consumer Management 111

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

Catala Consulting

JANUARY 18, 2024

In the dynamic world of hospitality, the UK market stands out as a beacon of innovation and adaptation, particularly in the realm of hotel revenue management. This article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals.

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Revenue Management Revenue Management Market 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically. What is a channel manager?

Management 76

Management OTA Cancellation Overbooking 76

Cloudbeds

FEBRUARY 28, 2024

Whether online or offline, behind every effortless booking experience is a fast, reliable, and fully integrated hospitality management system. A hotel reservation system is software used in the hotel industry to manage room inventory, rates, and bookings. What is a hotel reservation system? How do hotel reservation systems work?

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Revenue Management Hotels Revenue Operations 98

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

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort Samui, a renowned 5-star establishment with over 14 years of operation, is nestled on the tranquil Lamai Beach in Surat Thani, Koh Samui. Recognising the need for technology, the team turned to SiteMinder’s channel manager as the solution to expand sales channels effortlessly.

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Resorts Overbooking Yield Management OTA 98

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

Xotels

JULY 26, 2024

We’re going to get down and dirty with the real-world strategies that we have actually seen working as a r evenue management consulting company. What is Yield Management, Really? In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

SiteMinder

OCTOBER 9, 2022

Whether you are new to the industry or catching up with the fast evolution, this blog will introduce you to the responsibilities of revenue managers and how they can succeed in 2022. What is a revenue manager? A revenue manager is responsible for pricing hotel inventory (rooms) to maximise profit. Table of contents. Experience.

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Revenue Management Revenue Management Occupancy 59

Xotels

JULY 26, 2024

We’re going to get down and dirty with the real-world strategies that we have actually seen working as a r evenue management consulting company. What is Yield Management, Really? In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Hotel Business

JULY 12, 2023

The all-too-common assumption among many hoteliers is that limited-service hotels don’t benefit from revenue management technology and practices when compared to full-service and resort hotels. Despite this, the user base for this technology among select-service operators continues to increase dramatically.

Revenue Management 52

Revenue Management Services Revenue Management 52

eZee Absolute

OCTOBER 11, 2023

Challenges Operating in a traditional manner, Sidus Galaxy Resort & Spa confronted several hurdles that hindered its growth. Foremost among these challenges was the absence of an integrated booking system and hotel management system.

Resorts 52

Resorts Management Sales Yield Management 52

Hotel Business

AUGUST 23, 2024

a provider of spa management SaaS software. Book4Time manages guest experiences at spas, international hotels, resorts, casinos, golf and private member clubs in more than 100 countries. Hospitality properties use Book4Time’s appointment booking, contactless guest intake, revenue and yield management and other capabilities.

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Yield Management Casinos Closing Resorts 59

Hotel Speak

APRIL 12, 2023

HotelRunner, the leading hospitality and travel technologies platform, has launched HotelRunner Elite, an exclusive service designed to add exponential value to independent and chain hotels, helping them overcome the challenges of strategic positioning and yield management.

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Yield Management Accommodation B2B Travel 59

Hotel Operations

SEPTEMBER 30, 2024

The owner and manager of this boutique hotel in Saratoga Springs, New York, responded to this challenge with an innovative compensation approach: dynamic pay. Inspired by yield management principles, this strategy has proven to be a game-changer for staffing issues.

Yield Management 52

Yield Management Hotels General Manager Management 52

Xotels

MAY 30, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. For a more full picture including operational costs like cleaning into the mix, the KPI GOPPAR is used.

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Revenue Management Occupancy Revenue Average Daily Rate 49

Hotel Business

SEPTEMBER 11, 2024

Following extensive discussions with stakeholders, such as developers, owners, operators and municipalities, and considering insights from market-based analytics, the company developed a four-story, 71-unit prototype. “We Across revenue management, sales, marketing and loyalty, there’s a lot of excitement about this new opportunity,” he said.

Yield Management 59

Yield Management Upsell Revenue Management Marketing 59

SiteMinder

JANUARY 10, 2024

Hotel training is a custom program designed to give a hotel team the knowledge and skills they need to operate and grow a hotel business. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.” Atchara Nakpoom, Revenue and Reservations Manager Kirimaya Read more

Management 59

Management Hotels Services Business 59

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Catala Consulting

JANUARY 11, 2023

In this article, we will discuss what variable costs are, how they are calculated, and how they can be managed to increase profitability. These costs are typically associated with the hotel’s operations, such as food, beverages, laundry, and housekeeping. One way to manage variable costs is through cost control measures.

Yield Management 52

Yield Management Occupancy Management Hotels 52

SiteMinder

AUGUST 1, 2024

The Trip.com Extranet is an online platform that allows hotel owners and operators to manage their property listings on Trip.com. It provides tools for updating room availability , adjusting rates, adding property details, and managing bookings. What is the Trip.com Extranet?

Revenue 52

Revenue Yield Management Overbooking Management 52

SiteMinder

OCTOBER 10, 2023

For hoteliers, understanding cost-based pricing as a method for hotel pricing is crucial for setting room rates that not only cover the costs of operations but also provide a healthy profit margin. Risk management The predictability that comes with cost-based pricing reduces financial risks associated with pricing decisions.

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

SiteMinder

NOVEMBER 14, 2023

Through this inbox, hotel operators can manage reservations, respond to inquiries, and foster a personalised guest experience before, during and after arrival, all contributing to a more streamlined operational workflow – particularly when integrated with a broader property management system like SiteMinder.

Revenue 52

Revenue Management Yield Management Overbooking 52

Xotels

DECEMBER 12, 2024

Trust me, as the CEO of a revenue management consulting company, I can tell you that a balanced and strategic mix of channels is essential to maximize your hotels visibility, profitability, and allows you to attract and convert the right guests. Lets explore the main types and how they can fit into your hotels revenue management strategy.

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OTA Global Distribution System Revenue Revenue Management 40

Inn Quest

JUNE 8, 2023

Artificial intelligence (AI) is seamlessly integrating into hospitality experiences, redefining our expectations – from chatbots providing instant customer support to predictive analytics optimizing hotel operations. Hotels can now use machine learning to analyze data to anticipate guest needs, optimize pricing and improve operations.

Hospitality 54

Hospitality Services Upsell Operations 54

Hotelogix

AUGUST 27, 2024

We will tell you how to build a distribution strategy, pick the right channels, manage your OTA business, boost direct bookings, handle reviews easily, and track your results. Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market. 

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

SiteMinder

JULY 10, 2024

Hotel podcast: SiteMinder’s Standard Room With Breakfast Gain new and unique perspectives on hotel operations and revenue optimisation, featuring interviews with a variety of industry professionals. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Hospitality 52

Hospitality Hotels Digital Marketing Revenue 52

SiteMinder

NOVEMBER 24, 2023

Trusted by industry professionals, HTR serves as a centralised hub for verified reviews, ratings, and in-depth reports which aid hoteliers in making informed decisions about technology adoption for enhanced hotel management. Why are SiteMinder reviews important? Very user friendly, simple to use.”

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Revenue Revenue Management Management General Manager 52