Remove Ancillary Revenue Remove Consumer Remove Market Research
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Wellness Residential growth lessons for hotels from THE WELL Founders

eHotelier

Whether in the guestroom, residence, spa, fitness center, restaurant, pool or on demand, adding wellness features can augment nightly rates or ancillary revenues for hotels as well as unit price per square foot for apartments or houses. It’s a societal shift with profound implications on hotel and multifamily development.

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Hotel Revenue Management Strategies

Xotels

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Understand your Hotel´s Market The success of your revenue management strategy depends on how well you understand your market. Your revenue strategy should cover special (contracted) rates.

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Building customer relevance to grow market share

Boutique Hotel News

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. As Dimitris Manikis, president and managing director EMEA of Wyndham Hotels and Resorts, said recently : “ You have to evolve with a business… consumers two-and-a-half years ago are different from today.”

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Top Revenue Management Strategies for Hotels

Xotels

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? Understand your Hotels Market The success of your revenue management strategy depends on how well you understand your market. Your revenue strategy should cover special (contracted) rates.