by Mateusz | Dec 1, 2021 | Hotel Revenue Management
We could tell you all about the fantastic benefits of using revenue management systems (RMS) like Pricepoint in hotels. But the thing is – it would be from our perspective because, of course, we’re an RMS provider. That’s why we have asked our clients about their...
by Mateusz | Sep 22, 2021 | Hotel Revenue Management
You have a revenue and marketing strategy in place at the hotel – that’s great! But how do you measure its success? With Key Performance Indicators (KPI in short), of course. One of the most commonly used KPIs in the hotel industry is revenue per available room,...
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 | Jun 3, 2021 | Hotel Revenue Management
What’s the most profitable hotel out there? The one that cares for its hotel pricing strategy. Creating hotel pricing strategies for your rooms is the critical step for maximizing your profits. Those who do revenue management professionally know that prioritizing...
by Mateusz | Apr 22, 2021 | Hotel Revenue Management
In 2019 only 7% of hotels used revenue management software (RMS). That’s an excellent opportunity to have a significant edge over your competition. While your competition spends time adjusting availability and pricing manually, day by day, room by room, you can...