Revenue Hub
MAY 9, 2024
NB: This is an article from Topline Revenue , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date The Cost-Plus Conundrum Traditionally, hotels and other hospitality entities have leaned heavily on the cost-plus model. Competitor Awareness: What are your rivals up to? Flexibility: Value fluctuates.
Revenue Hub
JULY 10, 2023
NB: This is an article from Mews It informs marketing strategy, helps tailor offers and reveals growth opportunities while optimizing revenue management strategy and profitability. Groups usually reserve at least six to ten rooms per night – they may be corporate, family, special events, MICE, and other types of groups.
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Revenue Hub
OCTOBER 17, 2023
NB: This is an article from eZee Absolute Curious about how you can tap into this for your hotel? Such revenue can come from various sources, including: Food and Beverage: Restaurants, bars, in-room dining, and catering services can significantly contribute to ancillary revenue.
Les Roches
DECEMBER 30, 2023
In this article, we will delve into the key differences between products and services in the hospitality industry. By the end of this article, you will have a solid understanding of product/service differences and how these distinctions manifest themselves in various sectors, with a particular focus on the hospitality industry.
Les Roches
DECEMBER 27, 2023
Catering to the needs of guests and ensuring their satisfaction is a fundamental aspect of running a successful hospitality business and achieving customer excellence. In this article, we delve into the world of guest services, exploring what they are, their significance and how they differ from customer service in the hospitality industry.
Revenue Hub
APRIL 11, 2023
NB: This is an article from Demand Calendar However, no one-size-fits-all answer exists, as each hotel must consider its specific situation and goals. In addition, offering a user-friendly interface, special promotions, or packages is essential to encourage more guests to book directly through the hotel website.
Synergy Suite
OCTOBER 5, 2023
In this article, we’ll explain the definitions of revenue and sales, how they’re different, and how to calculate each of them. dine-in, takeout, delivery, catering) contribute the most to revenue Recognize trends related to seasons and holidays. It represents the total income generated from selling food, beverages, and other services.
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