Not long ago our industry standard was a single simple rate, it was the Rack Rate and it was printed on brochures and in magazines and it was put up…
"revenue management"
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If you haven’t yet taken full advantage of revenue management for your property you may be losing an opportunity to maximise the returns from your asset(s). For this reason and to gain…
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FeaturedTips & Trends
Unlocking More Bookings: Creative Voucher Strategies for Boosting Guest Loyalty & Revenue
6 November 2024Hotel gift vouchers are a formidable strategy to amplify revenue streams and grow guest loyalty. Gift vouchers are versatile. Unlike any other monetary gift card, they can be tied into…
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FeaturedMarketingTips & Trends
From Reviews to Revenue: Using Social Media for Direct Bookings
17 July 2024When it comes to winning over travelers, it’s all about making your mark. Tapping into guest reviews and social media is a smart strategy that can set your property apart…
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FeaturedMANAGEMENTTips & Trends
Maximizing Revenue Streams: Leveraging Day Use Hotel Rooms
10 July 2024In the world of hospitality, traditional approaches often operate within rigid, pre-defined time slots (Night stays, for example) where a room was either fully occupied for a night or it…
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To succeed in hospitality, hotels must go beyond room bookings, tapping into ancillary services to drive growth amidst changing markets. In the competitive world of hospitality, maximizing revenue from room…
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FeaturedMANAGEMENT
Thoughtful Thursday – Elevate Your Hotel’s RevPAR: Dynamic Pricing Strategies for Optimized Revenue
23 May 2024Revenue management solutions are indispensable tools for hotels seeking to optimize their RevPAR (Revenue per Available Room). By leveraging advanced algorithms and data analytics, these solutions enable hotels to strategically…
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As the hospitality industry continues to evolve in response to shifting consumer preferences and technological advancements, hotels are redefining their approach to revenue generation. Recognizing the need to adapt and…
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After struggling with its previous software provider, the five-star Indian hotel found the solution it needed in STAAH. Strategically located amidst the Diplomatic Enclave of New Delhi, Jaypee Vasant Continental…
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All employees are revenue management ambassadors for their organisations. Everyone contributes to the revenue success of a business in both direct and non-direct ways. Surprisingly, the value of operational excellence…