STAAH

MAY 16, 2023

Setting the right price for your hotel rooms is crucial for driving revenue and maximizing profitability. However, there are many factors that can influence your hotel’s pricing strategies. What is Hotel room pricing? What is Hotel room pricing? Hotel room pricing is a critical element of revenue management for hotels.

Revenue Management 98

Revenue Management Occupancy Upsell Rack Rate 98

Hotelogix

AUGUST 21, 2024

Night Audit in Hotel Front Office is a significant part of a hotel's accounting process. This process records, reviews, and collates all the hotel's financial activities in one day and posts them on appropriate account heads. What is Night Auditing in the Hotel Industry? How to do a Night Audit at a Hotel?

Revenue 52

Revenue Average Daily Rate Rack Rate Hotels 52

Social Tables

APRIL 22, 2019

If it’s a hotel, they might also coordinate your complimentary room at this stage, although not all sites offer free rooms with every inspection. How to tell a good site inspection from a bad one Hotels and other event venues should do their best to impress event planners during site inspections. So prepare accordingly.

Events 102

Events Rack Rate Scale Sales 102

Little Hotelier

OCTOBER 11, 2023

Peak season in hotel industry parlance refers to the times of year that are most popular amongst guests, and are therefore the times of year that your room rates are at their highest and your property is at its fullest. Learn more When is peak travel season for hotels? What is peak season?

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52