Hotel Speak

OCTOBER 31, 2024

A recent study by Agilysys, a leading global provider of hospitality software solutions and services, has revealed a surprising trend in the APAC hospitality industry: high guest satisfaction doesn’t necessarily translate into repeat business. Marshall: General Manager’s have always been measured on RevPAR.

Hospitality 101

Hospitality Revenue Yield Management Dining 101

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Catala Consulting

JANUARY 18, 2024

In the dynamic world of hospitality, the UK market stands out as a beacon of innovation and adaptation, particularly in the realm of hotel revenue management. This article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals.

Revenue Management 52

Revenue Management Revenue Management Market 52

SiteMinder

JANUARY 30, 2023

Table of contents SiteMinder solves online visibility woes Apart from providing the best service possible, hotels must not neglect the need to maximise their sales channels to boost revenue. Unfortunately this practice was difficult to achieve for Hanging Gardens of Bali. Fortunately, SiteMinder was able to change this.

Average Daily Rate 98

Average Daily Rate Sales Global Distribution System Management 98

SiteMinder

NOVEMBER 7, 2023

Sydney, Australia – Prominent New Zealand hospitality management company, Capstone Hotel Management (Capstone), is today celebrating 10 years of growth with SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels.

Scale 105

Scale Management Yield Management Accommodation 105

Xotels

APRIL 3, 2024

XOTELS – Revenue Management eBook In the first chapter of this eBook, we will go over the definition of what is revenue management in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenue management to more advanced practices and strategies.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Catala Consulting

JULY 30, 2023

In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

OCTOBER 9, 2022

Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. What is a revenue manager?

Revenue Management 59

Revenue Management Revenue Management Occupancy 59

SiteMinder

JUNE 5, 2025

Think of it as one piece of a broader digital strategy; one that works best when integrated with your booking engine, pricing tools, and property management system. In this blog, we’ll show you the hows and whys of ads in the hotel industry, and practical ways for your business to master it. All that effort is undone by a mismatch.

OTA 52

OTA Hotels Average Daily Rate Display Ads 52

Horizon Hospitality

JULY 10, 2024

Dynamic pricing, or yield management, involves adjusting room rates in real-time based on supply and demand, with the ultimate goal being to increase the Revenue Per Available Room ( RevPAR ). Concentrate on metrics that directly impact your revenue strategy, such as booking patterns, guest demographics, and competitive pricing.

Occupancy 52

Occupancy Revenue Yield Management Forecasting 52

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Hotel Business

JULY 12, 2023

The all-too-common assumption among many hoteliers is that limited-service hotels don’t benefit from revenue management technology and practices when compared to full-service and resort hotels. Part of the problem, from the operators’ perspective, is the viability of revenue management technology today versus even a few years ago.

Revenue Management 52

Revenue Management Services Revenue Management 52

Xotels

JULY 26, 2024

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Xotels

JULY 26, 2024

Were going to get down and dirty with the real-world strategies that we have actually seen working as a revenue management consulting company. What is Yield Management, Really? In a nutshell, yield management means adjusting your room rates in real-time based on demand , seasonality, events, and even the day of the week.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

MAY 30, 2024

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back.

Revenue Management 49

Revenue Management Occupancy Revenue Average Daily Rate 49

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort emphasises that “since implementing SiteMinder, we have experienced a significant increase in online bookings, up to 60%, through effective yield management strategies based on market trends. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 98

Resorts Overbooking Yield Management OTA 98

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

SEPTEMBER 13, 2024

As a leader in revenue management consulting , we’re always at the forefront of what is happening in the hotel industry ─ and keeping a close eye on how revenue management trends keep evolving. While questions like “What are the top trends in revenue management for 2024?”

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40

MediaBoom

AUGUST 1, 2024

It relies on data-driven planning and continuous performance measurement to achieve business objectives. Unsurprisingly, 97 percent of today’s consumers report learning about local businesses online. Your first order of business should be setting up your website if you haven’t already. How do you elevate your rank?

Tourism 95

Tourism Market Marketing Hospitality 95

Hotel Speak

APRIL 12, 2023

HotelRunner, the leading hospitality and travel technologies platform, has launched HotelRunner Elite, an exclusive service designed to add exponential value to independent and chain hotels, helping them overcome the challenges of strategic positioning and yield management.

Yield Management 59

Yield Management Accommodation B2B Services 59

Hotel Business

SEPTEMBER 11, 2024

Finally, the company is debuting the My Place Business Suite, a flexible option for the individual business traveler or small family. Across revenue management, sales, marketing and loyalty, there’s a lot of excitement about this new opportunity,” he said. This room type is approximately 470 sq.

Yield Management 59

Yield Management Upsell Revenue Management Market 59

Cloudbeds

FEBRUARY 28, 2024

The reservation system acts as the central hub of the reservation ecosystem, which may also include a website booking engine, channel manager, and revenue management system. When integrated, these modules work together to help hotels manage room availability, distribution, reservations, and revenue.

Revenue Management 98

Revenue Management Hotels Revenue Operations 98

Hotel Business

AUGUST 23, 2024

Hospitality properties use Book4Time’s appointment booking, contactless guest intake, revenue and yield management and other capabilities. Acquiring Book4Time expands the opportunity for Agilysys to increase its solutions-per-customer penetration globally.

Yield Management 59

Yield Management Casinos Closing Resorts 59

SiteMinder

JULY 10, 2024

These podcasts can cover a wide range of topics; from optimising hotel business revenue, to talking about hospitality industry trends, to light-hearted travel and tourism stories. Find new inspiration: Podcasts will often focus on innovation and strategy, which you can use to spark some ideas for your own business.

Hospitality 52

Hospitality Hotels Digital Marketing Revenue 52

Hotelogix

AUGUST 27, 2024

We will tell you how to build a distribution strategy, pick the right channels, manage your OTA business, boost direct bookings, handle reviews easily, and track your results. Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market. 

Global Distribution System 52

Global Distribution System OTA Revenue Cost Per Click 52

Xotels

AUGUST 9, 2021

Google is taking the hotel industry by storm to gain market share and grow their advertising revenues. We will take a look at how Google is penetrating the hotel distribution vertical with Google Hotel Ads, and what opportunities this gives in terms of hotel revenue management and marketing. From Hotel Finder to GHA.

Market Share 52

Market Share Hotels Cancellation OTA 52

Experience Hotel

MAY 30, 2024

Les différents objectifs pour un hôtel Il existe une multitude d’objectifs que peut poursuivre un hôtel : maximiser son RevPar (revenu par chambre disponible), améliorer sa e-réputation ou encore garder un taux d’occupation élevé en permanence. Chaque objectif doit être en adéquation avec la réalité et les défis propres à votre hôtel.

KPI 52

KPI Yield Management Occupancy OTA 52

Catala Consulting

JANUARY 11, 2023

Examples of variable costs in a hotel: Food & Beverage Laundry Housekeeping Energy consumption Maintenance and repairs Marketing expenses Staffing expenses ERP Business Central Variable Costs Importance of managing variable costs Tracking variable costs is an essential part of managing a hotel’s finances and ensuring profitability.

Yield Management 52

Yield Management Occupancy Management Hotels 52

Cloudbeds

JULY 15, 2023

For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

NOVEMBER 14, 2023

Having a Hostelworld inbox login is a gateway to solving this administrative challenge, as the platform provides a suite of functionalities geared towards streamlining hotel operations, enhancing guest satisfaction, and ultimately, boosting revenue growth. But what does Hostelworld actually do? Yes, and much more!

Revenue 52

Revenue Management Yield Management Overbooking 52

Inn Quest

JUNE 8, 2023

In simpler terms, businesses can use AI to gather and analyze a ton of data about specific customers, allowing them to customize their services and offerings to suit their needs and preferences. To learn about the benefits of yield management in the hotel industry, read this.

Hospitality 54

Hospitality Services Upsell Operations 54

SiteMinder

DECEMBER 20, 2023

ThinkReservations styles itself as an all-in-one property management solution built to streamline hotel businesses. Between the ThinkReservations booking system, PMS and channel manager, this ecosystem of tools promises to save time and increase bookings. But is it the ideal solution for hotel businesses?

OTA 59

OTA Yield Management Management Business 59

SiteMinder

NOVEMBER 24, 2023

Evaluating SiteMinder reviews enables accommodation providers to determine its suitability for their specific needs and operational requirements, allowing them to invest in solutions that align with their business goals and increase overall efficiency, guest satisfaction, and revenue results.

Revenue 52

Revenue Revenue Management Management General Manager 52

SiteMinder

JUNE 5, 2025

For hotel owners and operators, particularly those managing a growing portfolio, the construction process also includes mapping out how the new property will meet market demand, deliver a memorable guest experience, and fit into broader business objectives.

Construction 52

Construction Management Hotels Operations 52

eZee Absolute

OCTOBER 11, 2023

Foremost among these challenges was the absence of an integrated booking system and hotel management system. This not only made day-to-day operations more complex and time-consuming but also limited the resort’s ability to scale its business effectively.

Resorts 52

Resorts Management Sales Yield Management 52

Experience Hotel

MARCH 10, 2020

Nous commençons tous à nous rendre compte de la pauvreté d’une segmentation basée uniquement sur Loisirs / Business. Mais pourquoi ne pas aussi appliquer cette segmentation à votre stratégie de Yield ? Il est donc devenu impératif de l’améliorer pour perfectionner l’expérience offerte aux clients.

Revenue Management 52

Revenue Management Management Business Yield Management 52