Remove Occupancy Remove Resorts Remove Yield Management
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The 15 Biggest Revenue Management Myths & Misconceptions

Xotels

Myth #2: “Revenue management is only for large hotels or chains.” ” Whether you’re running a 10-room guesthouse or a 300-room resort, revenue management always works. Heck, even a one-room Airbnb can rake it in with the right revenue management strategy. Tech handles numbers. Not by guessing.

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5 Common Mistakes in Hotel Revenue Management

Xotels

Focusing on the Wrong Metrics We agree on the importance of occupancy rates, understanding demand, and the need to track your competitors pricing, but the key to true success is revenue management is to analyze and understand ADR (Average Daily Rate) while improving the occupancy.

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

What Are Revenue Management Tools? Revenue management tools are software and systems that help hotels optimize pricing, control cost , maximize occupancy, and increase profitability. Property Management System (PMS) A PMS is not only a booking systemit’s the backbone of your operation.

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Silavadee Pool Spa Resort Samui increases bookings by 60% with SiteMinder’s platform

SiteMinder

Silavadee Pool Spa Resort Samui, a renowned 5-star establishment with over 14 years of operation, is nestled on the tranquil Lamai Beach in Surat Thani, Koh Samui. The resort boasts a mesmerising setting, characterised by magnificent rocks and boulders, offering direct views of the beach and ocean from its well-appointed rooms.

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Occupancy vs ADR, the Never Ending Discussion in Revenue Management

Xotels

Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy? I have been in hotel revenue management consulting since 2006, and it is a question that keeps coming back. Occupancy or ADR?

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

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. What is Yield Management, Really? That’s yield management in action.

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

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. What is Yield Management, Really? That’s yield management in action.