revenue

Avoiding Price Wars: Exploring Discounting and Strategies that Determine Your Rates

Blog On Jan 26, 2013  By  0

Price is the amount your customers pay for your product. Pricing is more than a number we calculate: it is the process of monetizing your Read More

Online Travel Agent

OTAs, the Traditional VS Eccentric, Revenue Manager: You Better be Ready

Blog On Jun 7, 2012  By  0

In today’s competitive environment, your hotel success depends more than ever on a strong, differentiated market presence, and with the midst of improving economic climate Read More

valuation Revenue Management System

Consideration for Evaluation Revenue Management System

Blog On May 26, 2011  By  0

If you have a RMS system, would you rely more on your own judgment, competition and trends then the systems? here is some Consideration for Evaluation Read More

Integrity Pricing

Integrity Price during the Economic downturn

Blog On Mar 16, 2010  By  0

Tough times require creative solutions not just business as usual!  Not only are hotels being buffeted by the economy but also by the new competitive Read More

imagesCAPUB31B

What a Booking Misunderstanding Might Caused to a Guest Exclusive

Blog On Mar 16, 2010  By  0

This is a true story by one guest about a problem with a hotel honoring a room price. Through the internet the guest tried to Read More

You Forget Your Forecasting Tools

Revenue Manager, You Forget Your Forecasting Tools

Blog On Nov 25, 2009  By  0

   Forecasting is the process of estimation in unknown situations. All successful revenue management strategies  are based on the ability to forecast demand accurately and Read More

Hotel Budget

Revenue Managers, You and Your Upcoming Budget

Blog On Oct 31, 2009  By  0

  Good budgeting is the foundation for great rate management. Integrating of many factors i.e. positioning your hotel, market segmentation, rate parity along with the Read More

In Recession Time  Can We Close A Good Deal

In Recession Time, Can We Close A Good Deal?

Back To Basics, Blog On Jun 11, 2009  By  0

In more than 18-year “adult” career, I have often enjoyed the opportunity to speak with younger people about careers, finding sometimes, especially in the slow Read More

The outlook for the hotel industry during the current stagnant economy

The outlook for the hotel industry during the current stagnant economy

Blog On Jan 11, 2009  By  0

Given the current state of the economy, and the growing consensus that a recession is near, if not here, what is the outlook for the Read More

The impact of flexible pricing on forecast accuracy

The impact of flexible pricing on forecast accuracy

Blog, Pricing On Nov 11, 2008  By  0

Flexible pricing, flat rate, dynamic pricing ,and floating rates, all Revenue Management (RM) must begin with a scientific approach to developing a pricing strategy or Read More