Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

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. Part of the problem, from the operators’ perspective, is the viability of revenue management technology today versus even a few years ago.

Revenue Management 52

Revenue Management Services Revenue Management 52

STAAH

MAY 21, 2024

Decision: Should we increase or hold the retail pricing on online travel agents (OTAs) and the brand website? If demand is high and competition is priced higher, increasing the rate could maximize revenue. Day of Week (DOW) Patterns: Differentiate between weekend leisure travelers and weekday corporate guests.

Occupancy 94

Occupancy Retail Yield Management Forecasting 94

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 98

Resorts Overbooking Yield Management OTA 98

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.

Yield Management 59

Yield Management Accommodation B2B Travel 59

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. What is Yield Management, Really? That’s yield management in action.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Hotel Business

SEPTEMBER 11, 2024

Finally, the company is debuting the My Place Business Suite, a flexible option for the individual business traveler or small family. Across revenue management, sales, marketing and loyalty, there’s a lot of excitement about this new opportunity,” he said. My Place’s foundational three-story, 64-unit box is also still available.

Yield Management 59

Yield Management Upsell Revenue Management Marketing 59

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. What is Yield Management, Really? That’s yield management in action.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Horizon Hospitality

JULY 10, 2024

Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ). Channel Management Software will help manage room inventory across multiple online travel agencies (OTAs) and booking platforms.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

SiteMinder

MAY 14, 2023

More strategies lead to a 50% increase in overall bookings thanks to the SiteMinder platform At Kirimaya, an emphasis is placed on RevPAR (Revenue Per Available Room), a metric that measures hotel room sales and how revenue from those sales is measured. It aids hotels in evaluating their overall revenue management approach.

Sales 97

Sales Revenue Yield Management Occupancy 97

SiteMinder

AUGUST 1, 2024

Trip.com is a global online travel agency that connects millions of travellers with hotels worldwide. Market focus : Ctrip focuses on Chinese travellers, whereas eBooking caters to a global audience. We were able to increase RevPAR by more than 30% by executing yield management on the platform swiftly and accurately.”

Revenue 52

Revenue Yield Management Overbooking Management 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. Have you ever wondered what makes a hotels distribution strategy truly effective?

OTA 40

OTA Global Distribution System Revenue Revenue Management 40

Hotelogix

AUGUST 27, 2024

Online travel distribution is growing fast—faster than the overall travel market. Today’s digital travelers have many booking options. 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.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing. Google in Travel: Some History.

Market Share 52

Market Share Hotels OTA Cancellation 52

SiteMinder

OCTOBER 10, 2023

Learn more Key factors to consider when implementing the cost-based pricing method Implementing cost-based pricing requires a thorough understanding of various factors that could impact the effectiveness of this pricing strategy, as well as a mastery of yield management.

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. After all, travelers can’t book a property they don’t find! With a good channel manager, you can save time, get more bookings, and distribute room inventory easily.

Management 76

Management OTA Cancellation Overbooking 76

Experience Hotel

MARCH 10, 2020

Mais pourquoi ne pas aussi appliquer cette segmentation à votre stratégie de Yield ? Dire que vos solutions CRM et RMS (Revenue Management System) doivent fonctionner ensemble pour optimiser vos revenus est un nouveau point de vue.

Revenue Management 52

Revenue Management Management Business Yield Management 52

SiteMinder

NOVEMBER 24, 2023

With the title, “Our Growth Has Been Inseparable from SiteMinder’s Support”, the revenue manager of a US-based 500+ room resort writes this comprehensive SiteMinder review: “The remarkable ease of use for the booking engine, channel manager and metasearch, and the swift issue resolution make my experience with this system highly satisfying.

Revenue 52

Revenue Revenue Management Management General Manager 52