A hotel revenue manager's prime duty is implementing innovative pricing and distribution strategies to maximize top-line revenues and profits.
A hotel revenue manager's prime duty is implementing innovative pricing and distribution strategies to maximize top-line revenues and profits.
The technological revolution is significantly impacting hotel revenue generation. Therefore, it is best to keep up with the latest trends in the hospitality industry to make the most out of it.
Hotel data analytics means collecting, organizing, analyzing, and extracting insights from various data sources to drive better hotel decision-making.
It is essential to come up with the necessary strategies on how to prepare for recession 2023 to keep your business afloat
There are several hotel challenges businesses will face in the future. It is to handle these issues to maximize revenue generation smartly.
A manager doing hotel demand forecasting to optimize future revenue generation strategies
After testing various AI solutions at boutique properties and global chains, you are eligible to implement this technology for profit maximization strategically.
OTB meaning is the sum of all your rooms that have not been booked or committed to other distribution channels.
Understanding RevPAR meaning is essential to implement revenue-generating strategies that fill rooms and optimize profits.
Startups should consider tactics like crafting targeted messaging, leveraging digital marketing, and tracking lead quality for hotel lead generation.