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Hotel terminology: A complete guide for hotel owners

SiteMinder

KPI (Key performance indicator) A measurable value such as RevPAR or occupancy used to gauge success against goals. NRB (Negotiated rate business) Contracted corporate or agency accounts that commit to volume at agreed rates. Occupancy underpins every major KPI. PMS terminology keeps data clean.

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8 Revenue Management Trends that Define 2025 & Beyond

Hotel Speak

This means identifying and testing which opportunities bring the most revenue to your hotel, or have the highest potential to bring in new business. Setting clear expectations and priorities will help guide you through this process and is one of the most important revenue management tips we always advise to elevate your revenue game.

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8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? But try to dive a bit deeper into what´s driving those figures.

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8 Revenue Management Trends that Define 2024 & Beyond

Xotels

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? But try to dive a bit deeper into what´s driving those figures.

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What is Hotel Revenue Management?

Xotels

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? In short, a disciplined approach and thorough understanding of your property, its customers, and the market, it is key to driving the revenue success of your business.

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Hotel Management Technology: The Future of Hospitality

Hotelogix

Revenue Management Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods. Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. We're tracking every drop because they all matter!