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Over the past decade, the pricing-centric revenuemanagement model has gained prominence within the industry. It’s a concept that promotes maintaining availability across all channels, even as demand is surging, relying solely on dynamic pricing to manage booking behaviour.
No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenuemanagers. Revenuemanagement is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenuemanagers.
Often considered a dull, technical aspect of occupancy metrics for large chains, hotel revenuemanagement has easily been written off as being just about numbers and pricing. In reality, it is a strategic, creative discipline that can unlock significant value across all types of hotels and operations.
As a leader in revenuemanagement consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenuemanagement trends keep evolving. While questions like What are the top trends in revenuemanagement for 2025?
This scalability is especially valuable for hotels – as more information is collected about guest behavior, booking trends , and occupancy patterns the more precise rate adjustments, inventory management, and marketing strategies will be in the future. Why it’s important for hotels? Why it’s important for hotels?
Think revenuemanagement is just for the big hotel chains or that it’s all about jacking up prices? Believe me when I say, as the COO of a revenuemanagement consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet. Quite the opposite.
In a move to modernise operations and streamline booking management, the hotel adopted STAAH’s distribution and revenuemanagement tools. Additionally, STAAH’s Dynamic Rate Management tool enabled the hotel to optimise occupancy and average room rates, resulting in better profitability.
This standardized language streamlines daily operations, from front desk check-ins to revenuemanagement, ensuring clear communication across all hotel departments and with industry partners. Master your hotel metrics with SiteMinder Stop losing revenue to manual calculations. Learn more What abbreviations should you know?
Solid occupancy isnt enough anymore. While occupancy is still a core metric, relying on it too heavily can leave your property management business vulnerable to seasonal swings, economic uncertainty, and a volatile demand environment. This post will show you how to convert those opportunities into revenue. The good news?
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
So, Im calling the mistakes out Here are 5 brutal revenuemanagement mistakes I see hotels make all the time as a CEO of a revenuemanagement consulting firm. Too much focus on only Occupancy or your average room rate, will erode your business. Static rates prevent you from reaching your full revenue potential.
But a lot of hoteliers have gotten stuck in a loop of constantly slashing prices, offering direct channel discounts, OTA promotions, and special rate packages to drive occupancy. Think TRevPAR over ADR Shifting focus toward optimizing total revenue per available room (TRevPAR) instead of purely occupancy or ADR can unlock performance gains.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
The number of factors identified to impact the success of a hotels revenuemanagement strategy continues to grow. I'm here to argue that there is one factor more important than all of these, and it is often overlooked in the revenuemanagement discussion.
Enter AI-Powered RevenueManagement: eZee Mint AI Final Encore Some hoteliers hit the jackpot, while others? Even mid-range hotels significantly increased their rates, making three to four times their usual revenue in just a few nights. As a result, they ensured full occupancy at premium rates, making record-breaking profits.
In addition to occupancy, ADR, and RevPAR, there’s another key metric that reveals whether your pricing and operational […] The post An Independent Hotelier’s Guide to Booking Pace appeared first on WebRezPro. Rather than crossing your fingers and hoping for the best, use your data to show you the way.
This new integration allows hotels to leverage real-time occupancy data to automate and personalize direct booking campaigns. The partnership will offer several key benefits, including: Advertisements Increased Direct Booking Conversion: Personalized offers will be provided based on real-time occupancy data, driving higher conversion rates.
The right sales tactics can help increase revenue, boost occupancy rates , and ensure guests have a positive experience. A loyalty program can encourage guests to keep coming back, which boosts your occupancy rate. Implement Dynamic Pricing for Optimal Revenue What is Dynamic Pricing?
Case Study 1: A Mid-Size Hotel Chain in India A 120-room hotel group operating in multiple cities struggled to manage listings on 10 OTAs. Overall, Hotelogix's PMS with channel manager integration is a vital tool for modern hotels aiming to enhance operational efficiency and achieve sustainable growth.
From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
When marketing and revenue teams collaborate, the commercial impact can be significant. Revenuemanagement ensures that demand is monetised effectively. Working together, these teams can identify periods of genuine need, deploy targeted campaigns, and evaluate success using metrics that reflect actual revenue outcomes.
Hotel management challenged by seasonality in the mountains When Ana Sánchez joined Snö Hotels as RevenueManager over five years ago, she encountered an exciting challenge; helping to build a hotel chain from scratch that specialised in snow and mountain destinations – using the right technology from day one.
With a data-driven approach and AI-powered tools like eZee Mint AI , you can still maximize occupancy, increase revenue per room , and turn last-minute demand into profits. AI-driven revenuemanagement helps predict potential cancellations and optimally allocate inventory so youre not left with empty rooms on the concert night.
By analyzing booking patterns, guest behavior, and local events, hotels can anticipate occupancy rates and adjust strategies accordingly. Inventory Management: Adjust inventory levels and maintenance cycles to meet expected occupancy, reducing wear and reactive fixes. The richer the data, the more accurate the future planning.
Competition for hotels grew, and prices started to fluctuate more as revenuemanagement systems made pricing strategies more sophisticated. FREE GUIDE Dive deeper into the history of revenuemanagement. Between 1995 and 2018, the global hospitality industry more than tripled in size, growing from $522 billion to $1.86
Final Thoughts: Use the Right Tools to Avoid These Costly Mistakes Managing OTA distribution isn’t just about being listed — it’s about being strategic. These five mistakes can quietly eat away at your revenue, even when occupancy looks strong. The good news?
Managers often rely on RevPAR, ADR or occupancy to judge performance. Occupancy might sit at 70% yet RevPAC lags behind last year. That prompt lets revenue and F&B teams design a bundled dinner package and promote it through pre-arrival emails. Think of a midweek lull.
Financial analysis When EBITDAR is combined with other metrics, such as ADR (average daily rate), occupancy rate, or RevPAR (revenue per available room) , it can help dig deeper into financial metrics. 7 tips to improve EBITDAR As a profit metric, EBITDAR can be improved in two ways: increasing revenue and reducing costs.
Read through our step-by-step guide explaining how to get ready for 2026 with our revenuemanagement consulting best hotel budgeting practices. Marketing Sales HR Front of House Front Office Manager Rooms Director / Head of Operations Other departments: Spa, F&B, outlet managers, Golf, Housekeeping etc.
The Hotel Marketing Podcast is for hotel marketers, revenuemanagers, and hospitality professionals looking to enhance their marketing efforts. Hotel Marketing Podcast Hosted by the team at TravelBoom Marketing, the Hotel Marketing Podcast examines the latest trends, tools, and strategies in hotel marketing. Who’s it for?
Open architecture means you can plug the Agoda Partner Central into a channel manager like SiteMinder and push real-time updates to every OTA, your brand site and your PMS, all in one go. Staff can redirect that time toward upselling late check-outs and local tours, boosting total revenue rather than babysitting spreadsheets.
Everything we do must connect to them’ helped to transform your guests experience and your approach to revenue generation? Judi: Well, I’ve come to that philosophy, not through a strategic revenuemanagement approach, but because of who we are as a business.
PARIS 2 April 2025 IDeaS , a SAS company and the worlds leading provider of hospitality revenuemanagement software and services, has announced a technology integration partnership with Medialog PMS, a hybrid next-generation personalizable property management solution that allows users to focus on a more streamlined guest experience.
Be strategic with your pricing Extended-stay guests expect lower nightly rates but deliver higher total revenue. Use revenuemanagement tools to develop competitive pricing that attracts 30+ day bookings. Strategic use of dynamic pricing for extended stays can maintain occupancy when short-term demand drops.
Zucchetti North America launches Lybra Assistant in North America Zucchetti North America has introduced Lybra Assistant, its next-generation revenuemanagement system (RMS), to the North American market.
Matrix – Revenue Control is designed to solve these challenges, offering powerful automation, flexible configurations, and deep insights to increase profitability effortlessly. Why Matrix – Revenue Control? Flexible Season Management (Date Ranges) Previously fixed preset seasons are now fully customizable.
Established in 2016, RevenYou is a specialist consultancy firm supporting accommodation businesses across Australia, New Zealand, and the Pacific with revenuemanagement, sales, marketing, and systems integration. Unlocking profit for its clients has become synonymous with the brand over the years. Let’s look at five examples.
Learn more Amadeus GDS meaning for hotel distribution and revenuemanagement By utilising Amadeus GDS and other GDS partnerships, your hotel can enjoy a significant boost to both bookings and profit.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
Bezla’s proprietary, Provisionally Patented Hotel RevenueManagement Application provides our hotel owners with a competitive edge. Bezla’s hotel revenuemanagement experts undergo not only brand-specific training but also complete Bezla’s extensive training program.
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