by Wyatt Niblett-Wilson | Dec 17, 2020 | Hotel Revenue Management
Australia’s commercial airlines are operating at a fraction of their pre-COVID-19 capacity but there is growing optimism within the industry as demand for interstate travel increases. Flight Centre data reveals, a 200% increase in bookings to Queensland in the... 
by Wyatt Niblett-Wilson | Dec 8, 2020 | Hotel Revenue Management
A UK grandmother has become the first person in the world to be given the Pfizer Covid-19 injection as part of a mass vaccination program. Today marks the start of the long-awaited fightback against hospitalities’ and everyone’s common enemy, the coronavirus.... 
by Wyatt Niblett-Wilson | Nov 30, 2020 | Hotel Revenue Management
Now more than ever, the ability of your hotel to be impactful for its customers and business will depend on small details. Focusing on your hotel’s bottom line is just one measure of effectiveness, during lean times it’s more important that your business have a... 
by Wyatt Niblett-Wilson | Nov 23, 2020 | Hotel Revenue Management
Recently, Booking.com announced it would discontinue a number of BookingSuite products, including WebDirect, ChoicePro, BookingButton and RateIntelligence as of November 30th. Don’t panic, here’s 3 reasons why this could be a perfect opportunity to empower your... 
by Wyatt Niblett-Wilson | Nov 16, 2020 | Hotel Revenue Management
For what feels like the first time in a long time, there is a glimmer of hope for the return to “normal” and the eventual recovery of the hospitality industry. As cruise and airline stocks surge after upbeat news on a potential COVID-19 Vaccine early this... 
by Wyatt Niblett-Wilson | Nov 9, 2020 | Hotel Revenue Management
One of the great pains of revenue management is and has been the uncertainty factor. Historically, market trends and factors that affect how hospitality businesses stay competitive was a bit more of a guessing game, with levels of visibility leaving a lot to be... 
by Wyatt Niblett-Wilson | Nov 2, 2020 | Hotel Revenue Management
Pricing is of decisive importance for all businesses in all sectors; setting prices right often makes the difference between success and complete failure. Finding the optimal prices is the easiest and most effective way for any businesses to increase profits. This... 
by Wyatt Niblett-Wilson | Oct 26, 2020 | Hotel Revenue Management
Rate Intelligence, the free rate-shopping tool by Booking.com’s Booking Suite, will unfortunately be discontinued at the end of next month on November 30th, 2020. For those that are unaware of what the rate intelligence price shopping tool was, in late 2016 it was... 
by Wyatt Niblett-Wilson | Oct 19, 2020 | Hotel Revenue Management
The pandemic has challenged many industries, and lodging has been among those hardest hits. Weekday bookings have dried up as conferences, conventions, and business travel have largely been put on hold. Weekend stays also have tanked with the cancellation or... 
by Wyatt Niblett-Wilson | Oct 5, 2020 | Hotel Revenue Management
A common challenge for hotels is having too many cooks in the revenue management kitchen. A revenue manager may leave a strategy meeting confident they’re on the same page as the other departments but find out later that someone changed plans and it ended up...