Presenting a cheerful and positive demeanor by the front desk team is a mandatory requirement. Body language is considered to be a major factor in communication, however it is not the only factor. 186 more words
Tags » Revenue Management
The daily life of a revenue manager: how much does my service cost and how much is the client willing to pay?
Setting prices is often about much more than simply the competition, intermediated channels and the market. Once you have decided on your rack rate and defined your BAR rate structure, the question may be a rounded, odd or even price? 825 more words
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