STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). This enables hoteliers to adjust room rates dynamically to maximize revenue based on current market conditions.

Revenue Management 79

Revenue Management Revenue Management Forecasting 79

Amadeus Hospitality

DECEMBER 21, 2023

And today’s travelers have higher expectations than ever for more sustainable, personalized and flexible journeys. Helping Travelers Throughout Their Journeys We evolved as a company, too, as we considered the question, “ How can we make travel better? ” markets has already recovered by 99.1%

Travel 97

Travel Occupancy Average Daily Rate Global Distribution System 97

SiteMinder

DECEMBER 4, 2023

Table of contents Hotel statistics that matter in 2024 The travel industry is set for strong recovery in 2024 , which is good news for hoteliers, with some positive statistics already showing up. globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% Hotel occupancy will increase 2.5%

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

SiteMinder

JANUARY 8, 2024

Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities. Placing yourself on a scale of personal growth is especially important for a hotel manager. There are always new strategies, traveller preferences, or industry technologies emerging to keep track of.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

Successful hotel management is about being able to adapt and meet challenges within a range of roles and responsibilities. Placing yourself on a scale of personal growth is especially important for a hotel manager. There are always new strategies, traveller preferences, or industry technologies emerging to keep track of.

Operations 52

Operations Management OTA Hotels 52

SiteMinder

DECEMBER 20, 2023

RevPAR , or revenue per available room, is one the easiest ways to predict revenue for a hotel. Simply multiply your predicted average daily rate (ADR) by your occupancy rate. Consider working with influencers or travel bloggers to extend your reach. Find out about TripAdvisor Plus.

Business 59

Business Hotels Management Revenue 59