Inn Quest
APRIL 5, 2023
Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.
Hotel Management
MARCH 25, 2024
Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.
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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 article explores the top trends in hotel revenue management, yield management, and revenue management in the UK, offering insights and strategies for hotel professionals.
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.
SiteMinder
OCTOBER 9, 2022
Few roles in the hotel industry have evolved as quickly as the revenue manager.Powered by technological advances, the rapid sharing of knowledge and online training, the discipline is synonymous with smart pricing decisions and expectations are always high in the highly competitive accommodation market. What is a revenue manager?
SiteMinder
MAY 14, 2023
It aids hotels in evaluating their overall revenue management approach. As a result, the RevPAR indicator is critical for maximising revenue per room. To improve a property’s RevPAR, both the average room rate (ADR) and occupancy rate must also increase. The management team saw this as a challenge.
Catala Consulting
JANUARY 11, 2023
Another way to manage variable costs is by implementing a yield management system , which helps the hotel to adjust room rates based on demand, thereby increasing revenue and ultimately reducing the cost per occupied room. This helps hotels to maximize revenue while keeping variable costs low.
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