Hotelogix

MARCH 21, 2025

If your EBITDAR is significantly lower than the industry average , it may indicate inefficiencies in operations, revenue management , or lease agreements. 👉 Read Also - Effective Marketing Strategies for Serviced Apartments Monitor EBITDAR Trends for Business Expansion Thinking about opening another hotel?

Hotels 40

Hotels Operations Revenue Business 40

SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management?

Revenue Management 98

Revenue Management Revenue Management OTA 98

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

eZee Absolute

MAY 13, 2024

Well, the answer lies in how well you’re using your Hotel Revenue Management System (RMS) reports. But with so many reports available, how do you find the ones essential for maximizing your hotel’s revenue? Revenue Forecast Report Looking ahead is crucial for any successful revenue management strategy.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

Catala Consulting

JANUARY 8, 2024

Introduction Revenue Management Systems (RMS) are the cornerstone of modern hospitality and travel industries. The Beginnings: 1970s and 1980s Origin in Airlines : The concept of Revenue Management originated in the airline industry post-deregulation.

Revenue Management 52

Revenue Management Revenue Management Forecasting 52

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 trend enables more accurate forecasting, dynamic pricing, and personalized marketing strategies, significantly enhancing revenue potential.

Revenue Management 52

Revenue Management Revenue Management Marketing 52

SiteMinder

MARCH 4, 2024

Berlin, Germany – SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, has today released its industry-leading platform on mobile, to give accommodation providers the power to execute their property’s revenue management strategy and mitigate real-time risks, free from their desk.

Revenue Management 59

Revenue Management Revenue Management Accommodation 59

Catala Consulting

NOVEMBER 18, 2023

The Evolution of Hotel Revenue Management In its early stages, hotel revenue management was a game of numbers – it was all about filling rooms and adjusting prices based on demand. Hotels used historical data and simple forecasting methods to set room rates, often focusing on short-term gains.

Revenue Management 52

Revenue Management Revenue Management Hotels 52

Hotel Business

MARCH 6, 2024

It allows accommodation providers to forecast revenue performance and take targeted action whenever needed, using their personalized 14-day overview of rooms sold, revenue earned and best-performing distribution channels. But this is the new era of dynamic revenue management, and mobility is at the heart of it.”

Revenue Management 64

Revenue Management Revenue Forecasting Marketing Strategy 64

STAAH

JUNE 4, 2024

4) Data Analytics for Insights: Leveraging analytics tools integrated with booking engine provides valuable insights into guest preferences, booking patterns, and revenue performance. Hoteliers can use this data to refine marketing strategies, enhance guest experiences, and optimize revenue management practices.

Revenue 110

Revenue Hotels Occupancy Management 110

Hotel Business

NOVEMBER 9, 2023

“Our brand promise has always been to listen to our customers, continually innovate based on the latest technologies and deliver the best customer service in the industry,” said Fitzpatrick. “We have a new name and new capabilities, but our core values remain the same.

OTA 64

OTA Forecasting Marketing Strategy Shopping 64

Cloudbeds

JULY 4, 2024

This index can vary according to the business strategy, and factors impacting it include the average daily rate (ADR) , occupancy rate, quality of services offered, marketing strategies, reputation, and more. This comparison is essential to determine whether pricing and marketing strategies are effective.

Market Penetration 72

Market Penetration Management Market Share Occupancy 72

Hotelogix

APRIL 22, 2024

  Strategic revenue management with hotel data Effective revenue management is critical to your hotel's profitability. You can unlock a wealth of untapped revenue by analyzing data to forecast demand and adjust pricing accordingly.

Management 52

Management Average Daily Rate Revenue Management Hotels 52

eZee Absolute

OCTOBER 24, 2024

AI-Powered Revenue Management Systems Artificial Intelligence (AI) has swiftly moved from being a futuristic concept to a tangible reality, revolutionizing industries across the globe—including hospitality. But before we get into the techie part, let’s understand what exactly hotel distribution is.

Hotels 59

Hotels Revenue Management Overbooking Revenue 59

Hotelogix

AUGUST 6, 2024

This shift requires a comprehensive approach integrating cost control, strategic marketing, and top-notch guest services. Here's a detailed guide on transforming your hotel's revenue management to focus on profit maximization. Dynamic pricing strategies: Move beyond static pricing and adopt dynamic pricing for rooms.

Revenue 52

Revenue Management Upsell Target Marketing 52

Hotelogix

NOVEMBER 19, 2023

It enables you to adjust rates and marketing strategies to attract more guests during peak/off times. Data analytics and forecasting tools like revenue management systems can help with this. They can do this in several ways, such as by analyzing market trends and adjusting pricing strategies accordingly.

Occupancy 59

Occupancy Maximum Length of Stay Minimum Length of Stay Revenue Management 59

Cloudbeds

SEPTEMBER 12, 2024

Learn more Marketing Marketing is one of the departments that AI has had the greatest effect on, as it has enabled more personalized, efficient, and data-driven marketing strategies for hotels. Elevate the guest experience with Cloudbeds.

Hospitality 52

Hospitality Revenue Management Hotels Forecasting 52

TravelNet

JUNE 26, 2023

Revenue management Implementing revenue management strategies is essential for maximizing revenue. By leveraging data and analytics, owners can optimize their pricing strategies to capture more bookings during peak periods and incentivize occupancy during off-peak times.

Revenue Management 52

Revenue Management Revenue Occupancy Marketing 52

SiteMinder

AUGUST 1, 2024

Here’s what to include in your executive summary: Hotel concept: Briefly describe your hotel’s unique features, target market, and overall vision. Key goals: State your main objectives, such as increasing occupancy rates, boosting revenue, or expanding your hotel chain.

Business 95

Business Revenue Hotels Occupancy 95

SiteMinder

OCTOBER 16, 2022

Fine-tuning your sales and marketing strategy. A cash flow forecast tells you how much cash you have coming into and going out of your business. Need to make adjustments to your pricing or marketing strategies. Whether you should adjust your pricing or marketing strategies.

Revenue 72

Revenue Marketing Strategy Hotels Sales 72

Cloudbeds

MAY 8, 2024

Searching for demand patterns for your property is like traveling to the past and then going to the future to forecast how to set up your hotel for success. Instead of a time machine, you need data on your hotel’s booking performance from your property management system. And no, it’s not a “Back to the Future” movie scene.

Cancellation 52

Cancellation Revenue Revenue Management Occupancy 52

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. It can also be used as part of your marketing strategies to highlight the features guests love in hotel marketing campaigns. Revenue management KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40

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. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns.

Yield Management 59

Yield Management Upsell Hotels Ancillary Revenue 59

Hotelogix

NOVEMBER 30, 2023

They play a pivotal role in marketing and selling rooms. An excellent marketing strategy incorporates OTAs to boost sales and revenue. before making the reservation - everything in one place.   Adopt a flexible pricing strategy You need to adopt a flexible pricing strategy to increase bookings for hotels from OTA.

OTA 59

OTA Hotels Online Sales Marketing 59

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. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

SEPTEMBER 7, 2023

Whether you’re a senior hotelier or an entrepreneur in the hospitality sector, understanding what a hotel management company does is essential to thriving in today’s competitive hospitality landscape. Marketing Strategies: impactful marketing is pivotal to capturing the attention of prospective guests.

Management 52

Management Hotels Operations Marketing 52

SiteMinder

OCTOBER 9, 2023

By closely monitoring these metrics, hotel managers can gain valuable insights into their hotel’s strengths and areas for improvement. For instance, a consistently high occupancy rate might indicate effective marketing strategies, while low guest satisfaction scores could point to potential issues in service quality or amenities.

Average Daily Rate 59

Average Daily Rate Average Length of Stay Occupancy Revenue 59

Xotels

NOVEMBER 23, 2023

Hotel Management Strategies If you want to read more about management strategies on everything hotel management? Read the articles below: Top 5 Essential Hotel Management Tips for The Perfect Guest Experience How to Make Your Hotel Stand Out?

Management 40

Management Revenue Management Hotels Revenue 40

Xotels

NOVEMBER 23, 2023

Hotel Management Strategies If you want to read more about management strategies on everything hotel management? Read the articles below: Top 5 Essential Hotel Management Tips for The Perfect Guest Experience How to Make Your Hotel Stand Out?

Management 40

Management Revenue Management Hotels Revenue 40

Xotels

SEPTEMBER 7, 2023

Whether you’re a senior hotelier or an entrepreneur in the hospitality sector, understanding what a hotel management company does is essential to thriving in today’s competitive hospitality landscape. Marketing Strategies: impactful marketing is pivotal to capturing the attention of prospective guests.

Management 52

Management Hotels Operations Marketing 52

Xotels

SEPTEMBER 7, 2023

Whether you’re a senior hotelier or an entrepreneur in the hospitality sector, understanding what a hotel management company does is essential to thriving in today’s competitive hospitality landscape. Marketing Strategies: impactful marketing is pivotal to capturing the attention of prospective guests.

Management 52

Management Hotels Operations Marketing 52

Cloudbeds

MARCH 20, 2023

What is hotel market segmentation? Hotel market segmentation is the process of grouping hotel guests into categories based on shared behavior and characteristics. It is a fundamental process of revenue management, but also brings benefits to marketing, operations, and the guest experience.

Hotel Marketing 52

Hotel Marketing Marketing Market Average Daily Rate 52

Little Hotelier

SEPTEMBER 4, 2024

For this reason, it’s always important to consider how you are marketing your property to domestic travellers, how many of your bookings are from the domestic market, and how ready you are to react to changes in the market. To be successful, it is important to understand the needs and wants of your guests.

Tourism 98

Tourism Travel Business Marketing 98

Hotelogix

AUGUST 27, 2024

Walk-ins Pros:  Instant Revenue: Walk-ins generate immediate bookings resulting in increased revenue.    No Marketing Costs: No need for digital marketing or advertising to acquire these guests. Cons: Unpredictable Revenue: Walk-ins are hard to forecast, leading to fluctuating occupancy rates.

Global Distribution System 52

Global Distribution System OTA Revenue Cost Per Click 52

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. Practical Tips for Yield Management Know Your Demand: Keep a close eye on your booking patterns. Use this data to forecast demand and adjust your prices accordingly.

Yield Management 52

Yield Management Upsell Revenue Hotels 52

Xotels

MAY 30, 2025

I was asked this question recently in a meeting: So what is exactly the difference between Revenue Management and Yield Management? Article Summary Yield Management Revenue Management Whats the Big Deal? This is the classic definition we all learned, the sacred mantra of hoteliers and revenue managers.

Yield Management 52

Yield Management Revenue Management Revenue Management 52

Cloudbeds

MARCH 24, 2025

At ITB Berlin 2025, Cloudbeds Amit Popat, Head of Machine Learning, and Nikhil Shah, Head of Data Science, introduced Revenue Marketinga game-changing approach that unifies revenue management and marketing strategies through the power of causal AI. Discover the power of Cloudbeds Intelligence.

Revenue 52

Revenue Marketing Market Revenue Management 52