Hotelogix
NOVEMBER 19, 2023
Data analytics and forecasting tools like revenue management systems can help with this. When you nail it, you can incentivize your guests with special packages/discounts during the off-season to improve hotel occupancy and revenue.
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.
Hotelogix
NOVEMBER 13, 2023
2 Forecasting-Based Pricing It is all about tweaking your hotel room price while forecasting the number of rooms that would be available for future dates. That’s how a proper forecasting would allow you to make necessary changes in your room rates, based on demand and expected occupancy.
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