by Mateusz | Sep 6, 2021 | Hotel Revenue Management
One of the critical hotel revenue management formulas – used on the daily basis in hotels, is hotel occupancy rate. Let’s uncover more about this rate and how to calculate it. What is the hotel occupancy rate? The average occupancy metric shows the...
by Mateusz | Aug 25, 2021 | Hotel Revenue Management
One of the Lego pieces necessary in an effective revenue management strategy is staying on top of your competitors’ actions. Insert – hotel rate shopper tool. Let’s discover what this tool can do for your property. What is a hotel rate shopper?...
by Mateusz | Aug 2, 2021 | Hotel Revenue Management
You will need it to sell rooms – hotel distribution strategy. There’s more to it than connecting with a bunch of OTAs. It needs to bring results. What is a hotel distribution strategy? Hotel distribution strategy involves choosing a mix of channels...
by Mateusz | Jul 28, 2021 | Hotel Revenue Management
Guest post from eZee. Pricepoint is integrated with eZee Centrix – the fastest channel manager that helps hoteliers automate their inventory distribution in real-time. The hospitality industry has evolved unbelievably in the past few decades, making it one of...
by Mateusz | Jul 26, 2021 | Hotel Revenue Management
Guests and front desk receptionists hate it. Meanwhile, hotel and revenue managers see it as a profitable strategy. Hotel overbooking awakens strong emotions on both sides: guests and the hotel. And here is what you need to know: overbooking in the hotel industry is...
by Mateusz | Jul 21, 2021 | Hotel Revenue Management
Key performance indicators or KPIs help hoteliers in evaluating how the hotel is performing. This article explains how to do hotel room revenue calculation and all the critical formulas used in revenue management. Hotel room revenue calculation As a...