With more than 600,000 travel agents worldwide still accessing the global distribution systems, its relevancy has not diminished post-pandemic. One of the oldest distribution platforms, a GDS is a middleman…
MANAGEMENT
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FeaturedMANAGEMENTTips & Trends
Hotel budgets: things to keep in mind when budgeting for 2023
30 November 2022With the industry still recovering from the pandemic and inflation impacting both revenues and operational costs, what should budget 2023 consider? The unprecedented volatility has made the task of budgeting…
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Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. The second of our two-part blog series on revenue management looks beyond…
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No hotelier underestimates the marketing prowess of OTAs. Yet everyone recognises the high cost every OTA booking comes with. The popularity of online travel agents (OTAs) has always put accommodation…
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FeaturedMANAGEMENT
Top 5 Questions Your Hotel Reservations Team Should be Asking in 2022!
16 February 2022Are you ready to help your reservations team maximize the contribution of the voice booking channel in 2022? If so, it is not going to be easy. Guest writer and…
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Price is one of the most influential factors in a guest’s decision to stay with you. Let’s look at some important components that should define your pricing. The Hotel Industry…
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Revenue management can be defined as the strategic distribution and pricing tactics used to sell a property’s perishable inventory to the right guests at the right time, to boost overall…
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With the penetration of travel technology, travellers are getting used to booking a hotel room online, planning their travel itinerary online and even purchasing destination tickets online. STAAH Upselling partner…
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FeaturedMANAGEMENT
What is Hotel Revenue Management – Everything you Need to Know, Tips & Strategies
24 November 2021Basic revenue management strategies comprise of market understanding and competitor awareness, segmentation and price optimization, pricing strategy, forecasting and yield management. Guest writer Benjamin Verot from HotelMinder shares his tips…
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Achieving cashflow calm can be tricky at the best of times. During a crisis, the problem just multiplies. The holy grail of cashflow management is to have a steady stream…