1
Jun 27, 2022
Finding the right hotel pricing strategies can effectively boost your revenue. Not just that, but competitive room pricing can also help increase the occupancy rate of your hotel. The price should not necessarily be low, but the worth should reflect the value of your service. Every hotelier, whether new or established, might need to set […]
2
May 26, 2022
The hotel industry has bagged over $570 billion across the globe in the financial year 2020-2021. Hence, it proves that the diverse companies of this industry are generating ample supply for dealing with the heavy demands. And the revenue management tools in hotels act as a support system for them! Do you want to know […]
3
May 16, 2022
Over 81% of travelers want a premium digital experience from the hotels. So, hoteliers need to integrate the best channel manager for small hotels to deliver a quality digital experience to their guests. A dedicated channel manager plays a decisive role in helping you streamline your digital presence across different OTAs, websites, and other communication […]
4
Apr 27, 2022
The fluctuating demand for rooms has forced businesses to focus on optimizing their revenue modes. And dynamic pricing in hospitality industry is one of the key players that can help you adjust to the changing demands of hotel rooms. Why? Because if you are not changing your hotel room prices according to the demand in […]
5
Oct 25, 2021
Hotel Revenue Management is a crucial operational concept that allows property owners like you and your revenue managers to anticipate demand and optimize availability and pricing to witness the best possible financial outcomes. It involves pricing the room right along with selling it to the right customer at the right time. But can you accomplish […]
6
Sep 9, 2021
The answer is – an unequivocal YES, as hotel revenue management is not an easy task therefore automation in revenue management is the need of the hour. Whether it is a small independent hotel, chain hotel, resort, or any hospitality property irrespective of star ratings and locations, revenue managers face many challenges while configuring and […]