Do you feel like you are up against a global army of OTA specialists? Here are some solutions to you help take charge of your distribution channels.
Why hotel brands and franchisers secretly love OTAs
Someone else built the OTA monsters and the brands are the number one recipient of the benefit with no investment.
Discounting is for dummies – Part two
Hoteliers can offer value-added services to encourage direct bookings that cost nothing for the property, but which have high perceived value to potential guests.
Revenue Hindsight is 20/20
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
Jim Cavallo appointed Regional Operations Leader at Midas Hospitality in St. Louis
Jim Cavallo has beenÊappointed Regional Operations Leader at Midas Hospitality in St. Louis.
RG Hotels boosts revenue at Magnuson HotelsÕ Memphis property by 400 per cent in six months
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 Ð Understanding how it works and how to include it in your financial statements
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.
AccorHotels profits up 8.1 per cent following Fairmont Raffles acquisition
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.
Three myths of a ‘perfect sell’
A ‘perfect sell’ is more illusion than perfection with the challenges that it creates for your people and your property or portfolio.
Learn New Ways to Increase Hotel Profitability at Revenue Strategy Forum Hong Kong
The leading minds in hotel Revenue Strategy will convene 22 September for the annual Revenue Strategy Forum in Hong Kong to discuss ways hotels can optimize their pricing and distribution in all market environments.
