by zebra | Jan 20, 2023 | Hotel Revenue Management
Reservation lead times in the hospitality industry are changing in key markets in which we operate, making forecasting more challenging. Nonetheless, it remains extremely important for our operational departments to have a realistic financial outlook in order to...
by Andrew Stott | Jan 11, 2023 | Hotel Revenue Management
Give a little extra to loyal hotel customers – Get rewarded big-time! When considering the resources available to the independent hotel, what immediately comes to mind? Room inventory, pricing, location… but what about the customer? It’s much more...
by zebra | Jan 9, 2023 | Hotel Revenue Management
Market fluctuations and changes in hospitality and travel demand can be fast-paced for hoteliers and revenue managers. The ability to quickly adjust revenue strategies as demand changes is critical to successful hotels, even when overall travel to the area is lighter....
by zebra | Dec 21, 2022 | Hotel Revenue Management
In the hotel industry, revenue managers and hoteliers know how quickly markets can fluctuate and how quickly travel demand can change. Hotels must be able to adjust revenue strategies quickly to capture as much business as possible when demand changes, even when...
by Andrew Stott | Dec 7, 2022 | Hotel Revenue Management
It’s almost a new year in the hospitality industry, and independent hotel revenue and interest is on the rise. With the holiday season fast approaching and people becoming more and more comfortable with travel and hospitality, smart hoteliers have already started...
by Andrew Stott | Nov 30, 2022 | Hotel Revenue Management
How to Increase Hotel Revenues When Demand is Low It’s hotel revenue management 101: when demand for rooms is low, revenues decline alongside it. This can be especially tricky for independent hotels, where a single season can mean the difference between failure...
