Revenue Manager 10

Revenue Management 101 5 easy steps to successful Revenue Management for midscale and limited service hotels Part II

Back To Basics On Mar 2, 2016  By  0

In previous part of the article Ira Vouk, go through the concept of revenue management and how it could be implemented in the limited service Read More

Revenue Management 101

Revenue Management 101 5 easy steps to successful Revenue Management for midscale and limited service hotels Part I

Back To Basics On Mar 2, 2016  By  0

What is Revenue Management?  Why revenue needs to be managed? The answer is obvious: to increase profits. Unfortunately, not all hotel operators understand the importance Read More

Merchant Model Effect on ADR and RevPAR

The Merchant Model Effect on ADR and RevPAR

Back To Basics On Dec 3, 2015  By  0

Is stating that the industry standard of ADR and RevPAR “is an imperfect science” a provocative one? The Merchant Model has been used by Wholesalers, Read More

The Key to REVPAR Recovery – New Business Development

RevPAR vs RevPOR vs RevPAG

Back To Basics On Oct 5, 2015  By  0

Let’s get the acronyms out of the way so there’s no confusion: – RevPAR = Revenue Per Available Room – RevPOR = Revenue Per Occupied Room – RevPAG = Revenue Per Available Guest The first term, RevPAR, Read More

The Key to REVPAR Recovery – New Business Development

Five methods for increasing your Revenue per Available Room (RevPAR)

Back To Basics On Sep 16, 2015  By  0

  A common problem often facing hoteliers is how to increase revenue per available room, so let me share some tried and tested solutions to Read More

analytics

Using data mining and analytics to your hotel’s advantage

Back To Basics On Sep 11, 2015  By  0

The hospitality industry is known as a highly customer-centered business and accumulates large amounts of customer data from central reservation systems (CRS), property management system Read More

hotel-intelligence-12-638

Beyond the hotel performance, How to Identify a Correct Hotel Competitive Set?

Back To Basics, Blog On Jun 1, 2015  By  0

Accurately identifying a competitive set is important for a hotel market study because the data provide both a more accurate perspective on a hotel’s historical Read More

5 comp-set tips for independent hoteliers

5 comp-set tips for independent hoteliers

Back To Basics On Apr 19, 2015  By  0

Competitive sets can be useful tools to help drive profits, but it’s important to think carefully about the hotels you select.   “Oversight of an Read More

Resolve Conflict1

Can Revenue Management Resolve Conflict between GOP PAR and REV PAR as Hotel Performance Indicator?

Back To Basics, Blog On Apr 1, 2015  By  0

Far in the past for the hotel industry analysis, there were two simple classic indicators used to measure the hotel performance: average room rate and Read More

Sales promotion

Group Sales Promotions in Ten Steps

Back To Basics On Mar 26, 2015  By  0

Ten step formulas are in vogue when it comes to conveying a simple guideline for marketers to follow. Here is one designed for making better Read More