New Zealand and Australia’s leading Accommodation Industry Conference will be returning to Auckland New Zealand following its success in Sydney last month
There is an array of opinions, systems and solutions on offer in the revenue management marketplace, but these 7 steps demonstrate how an automated revenue system might be the answer
Since mid-January 2017, RG Hotels has boosted revenue at the Magnuson Grand Memphis Airport Hotel, one of the 1000 Magnuson Hotels properties around the world, by 400 per cent.
Flow thru, an abbreviation, is a catch all phrase that measures how much made it through your business comparing one period to another. What made it through, from revenues to profit. Another term to describe this measurement is retention. A good analogy to grasp the concept of flow thru is to compare it to your pay cheque. Imaging I give you a $1,000 a week raise. The question then is how much will end up on your pay versus how much got eaten up by higher taxes and other deductions.
Despite a challenging environment, French hospitality group AccorHotelsÕ revenue was up 0.9 per cent in 2016. Decreasing tourism traffic in Paris following terror attacks saw a reduction in revenue of 2.8 per cent in France.