Everyone is curious about how hospitality can be improved. Then the do’s and don’ts should not be forgotten. We were also curious about developments within the industry and what these do’s and don’ts now contained. 233 more words
Tags » Revenue Management
This blog is prompted by two things – a debate on social media concerning RevPAR (revenue per available room) and reports from the recent HOSPACE conference (which focuses on technology in the hospitality industry) also expressing concerns about this metric. 494 more words
- Use the technology and data resources provided by the OTAs. You’re probably using their site anyway, and the can provide decent daily rate advice.
- Diversify your distribution channels, try new booking platforms that are popular in specific markets and countries. 41 more words
Revenue Management for the hotels. Overwhelmed from aviation, Revenue Management made around 2005 its entry into the hotel. Large hotels and hotel chains have often raised enormous organizations within this discipline and bought expensive… 222 more words
Variable price is the only marketing variable through which companies obtain income. Setting it is one of the keys to any organisation as, regardless of the acquisition limitations of consumers and production costs, it is necessary to consider the… 490 more words
Revenue Management is first noticed and is accepted by the airline industry. Many of the travel and the hospitality companies that have been focused to the “adapt or the parish” hymn while moving towards the revenue management. 434 more words