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5 Common Mistakes in Hotel Revenue Management

Xotels

So, Im calling the mistakes out Here are 5 brutal revenue management mistakes I see hotels make all the time as a CEO of a revenue management consulting firm. So a revenue manager should always be tracking the impact on the NRevPar (Net RevPar) or GOPPar (gross operating profit per available room). Not because of bad luck.

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Silavadee Pool Spa Resort Samui increases bookings by 60% with SiteMinder’s platform

SiteMinder

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. The resort boasts a mesmerising setting, characterised by magnificent rocks and boulders, offering direct views of the beach and ocean from its well-appointed rooms.

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Capstone Hotel Management celebrates 10 years of growth, looks to scale further with SiteMinder

SiteMinder

Sydney, Australia – Prominent New Zealand hospitality management company, Capstone Hotel Management (Capstone), is today celebrating 10 years of growth with SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels.

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Hanging Gardens of Bali maximises sales and improves channel management with SiteMinder

SiteMinder

Situated in a stunning valley, surrounded by lush rainforest and beautiful agricultural terraces, this award-winning resort offers incredible views of the Ayung River and Pura Dalem Segara. Located in the northern part of Ubud, Payangan is a village based in the middle of the Island of the Gods.

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The Rebooking Paradox: A Deep Dive into APAC’s Hospitality Challenge With Tony Marshall

Hotel Speak

To delve deeper into this issue, we spoke with Tony Marshall, VP Managing Director APAC at Agilysys. For instance, spa staff can coordinate treatments with restaurant bookings, front desk agents can suggest targeted, personalised, upgrades, and restaurant managers can recommend specific wines based on past preferences.

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Mastering The Art of Resort Revenue Management

Catala Consulting

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.

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools? Thats where outsourcing comes in.