Awesome working tips on how to increase hotel revenue

By
Mateusz
11 Jan 2022
5 min read
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How to Increase Hotel Revenue: 25+ Proven Strategies

In hotel revenue management, it’s not just about raising room rates. Profitability comes from a mix of smart pricing, guest experience, and departmental collaboration. Think of your property as a living organism: every part—from reception to F&B—can contribute to higher profits.

Below, we share 25+ creative ideas to help you increase hotel revenue across accommodation and food & beverage.

5 Core Ways to Boost Hotel Income

1. Engage Your Team

Your staff is your greatest asset. Train them to understand pricing strategies, upselling, cross-selling, and why occupancy optimization matters.

  • Provide access to online courses (Coursera, LinkedIn Learning).
  • Run in-house workshops on revenue management basics.
  • Incentivize performance with competitions or bonuses.

2. Highlight Your Unique Selling Proposition (USP)

Know what sets your property apart. If your hotel is positioned as stylish, boutique, or family-friendly, use that to justify premium pricing. Example: Room Mate Hotels brand themselves as a “friend’s place” with unique design themes.

3. Optimize Your Website for Direct Bookings

Third-party commissions cut deep into margins. Ensure your site makes direct booking the easy, obvious choice:

  • SEO-optimized content highlighting benefits, not features.
  • A fast, mobile-friendly booking engine.
  • Direct booking perks (discounts, late checkout, free breakfast).
  • Integrated social media campaigns.

4. Use Real-Time Market Data

Historical data alone is outdated. Instead, rely on real-time signals:

  • Flight and hotel booking patterns.
  • Travel restrictions.
  • Competitor pricing.
  • Automated RMS platforms like Pricepoint simplify this by tracking and adjusting rates 24/7.

5. Leverage Google Hotel Ads & Free Booking Links

Travelers search on Google first. Claim that visibility by:

  • Running Google Hotel Ads.
  • Using free booking links.
  • Combining both for maximum impact.

Creative Revenue-Boosting Ideas

  • Incentivize reception & reservations teams for upselling spa treatments or tickets.
  • Organize local community events (yoga, poetry nights, co-working spaces).
  • Monetize underused spaces (lobby pop-ups, art shows, local shops).
  • Sell signature hotel products (pillows, amenities, branded items).
  • Turn guests into brand ambassadors: discounts for social media shares.
  • Request reviews via post-stay emails with small incentives.
  • Run Instagram competitions (“Stay 3 nights, pay for 2”).
  • Create niche packages (pet-friendly stays, adults-only weekends, family offers).

How to Increase Hotel Food & Beverage Revenue

Know Your Numbers

Track F&B metrics such as:

  • RevPASH (Revenue per Available Seat Hour).
  • TrevPASH (Total revenue per available seat hour).
  • Seat turnover rates.
  • Gross operating profit per seat.

Simplify Your Menu

  • Focus on top-selling dishes.
  • Reduce choice to speed decision-making and boost quality.

Apply Dynamic Pricing

  • Raise prices at peak times.
  • Offer lower-priced specials between meals to fill gaps.

Innovate Guest Experience

  • In-room cocktail service instead of minibars.
  • Seasonal, local, “Instagrammable” menus.
  • Showcase local craft beers, wines, or farm-to-table ingredients.

Menu Psychology Hacks

  • Place best sellers in the top left/right of menus.
  • Drop currency symbols to reduce price sensitivity.
  • Use descriptive, sensory language for dishes.

Next Steps

  1. Start with the basics: a user-friendly, mobile-optimized website with a direct booking engine.
  2. Layer in pricing optimization with an RMS like Pricepoint.
  3. Roll out F&B, upselling, and creative marketing strategies tailored to your USP.

The hotels that thrive are those that treat revenue management as a team effort—supported by data, creativity, and technology.