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

Hotel Business

JANUARY 18, 2023

A small meeting is defined as 10-25 guestrooms on peak and/or events for up to 50 attendees, starting four days out and up to one year out with a maximum length of stay of seven days. and Canada,” said Drew Pinto, global officer, global sales, distribution and revenue management, Marriott International.

Events 98

Events Maximum Length of Stay Scale Revenue Management 98

Hotelogix

NOVEMBER 19, 2023

Are they families, couples, or business travelers? 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.

Occupancy 59

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

Hotelogix

NOVEMBER 13, 2023

To be noted here, your forecast would also depend on the increase or decrease in travelers coming to your locality or an increase or decrease in your competitors in your segment. #3 Look at their rates for each room category and try to find out how travelers react to the same.

Revenue 52

Revenue Occupancy Forecasting Minimum Length of Stay 52