Remove Forecasting Remove KPI Remove Market Share
article thumbnail

What is Hotel Revenue Management?

Xotels

Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? The difference between Yield Management and Revenue Management is in the overall strategy, including in-depth analytics and forecasting.

article thumbnail

Hotel Star Reports: What are they and how to read them

SiteMinder

The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. Your index number tells you whether or not your hotel is outperforming your compset against three key KPIs: occupancy, ADR and RevPar.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

110 – Hospitality Trailblazers: Rob Mangiarelli

Travel Media Group

Rob Mangiarelli : Yeah, a lot to unpack there and I’ll preface it by saying we’ve, demonstrated our inability to forecast but what I, what I would say, let’s start with group, cause you mentioned group. So are you targeting those travelers differently? We’re a very group heavy company. The makeup of our hotels.

article thumbnail

Why Revenue Management Still Fails (Even With the Best Tools)

Catala Consulting

Youre paying monthly for competitive data feeds, market intelligence, and algorithm-driven rate suggestions. Your team attends vendor trainings, updates the forecast, and keeps the strategy optimised. Your market share index is inching in the wrong direction. Youve checked every box. But then reality sets in.

52