Revenue Hub

APRIL 17, 2023

NB: This is an article from Demand Calendar The main reason for forecasting is not competition in accuracy; it is to use the forecasts for planning to achieve a healthy profit. Read rest of the article at Demand Calendar The post Why Should The Hotel General Manager Care About Forecasting? What’s in it for the owner?

Strategic Planning 81

Strategic Planning Guest Satisfaction Pricing Article 81

Revenue Hub

OCTOBER 23, 2023

NB: This is an article from Amadeus Revenue managers are tasked with maximizing revenue and profitability, balancing occupancy and pricing, developing effective competitive demand strategies, understanding evolving guest needs, and more.

Pricing 88

Pricing Book Cost Reduction Strategic Planning 88

Les Roches

MARCH 6, 2024

This article looks into the intricacies of brand strategy in marketing, exploring its definition, key elements and development process. By understanding the fundamentals and the role of branding in driving business success, marketers can develop more impactful and cohesive strategies to elevate their brands in the eyes of consumers.

Marketing 52

Marketing Communication Brand Management Information 52

Revenue Hub

JANUARY 31, 2023

Have you planned business objective s for your property? NB: This is an article from Cloudbeds , one of our Expert Partners From luxury hotels to bed and breakfasts, boutique hotels, and hostels, every business in the hospitality industry should take time to evaluate its competitive position and find opportunities to enhance performance.

Strategic Planning 78

Strategic Planning Article Marketing Pricing 78

Xotels Hotel Revenue Management

APRIL 3, 2024

Article Summary What is Revenue Management? In our article about What is Revenue Management and in our Free Revenue Management Book for Hotels we have explained everything in detail about what the concept of revenue management is all about. This is done by thoroughly understanding your property, its customers, and the market.

Pricing 76

Pricing Book Marketing Information 76

Revenue Hub

DECEMBER 1, 2022

In a competitive operating environment, where every pricing decision counts, all hotels need to ensure that they are pricing themselves correctly in the market, minimising operational costs, and attracting the right guests at the right rates. NB: This is an article from IDeaS. Hotel Owners.

Pricing 81

Pricing Marketing Information Strategic Planning 81

Xotels

APRIL 3, 2024

Article Summary: What is the Definition of Revenue Management? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Many define revenue management as: “Selling the Right Room to the Right Client at the Right Moment at the Right Price.”

Pricing 52

Pricing Book Budgeting Marketing 52

Revenue Hub

JUNE 28, 2023

NB: This is an article from IDeaS While the constant struggle to explain things like why a tile floor is shiny or why chocolate tastes great is enough to wear out even the most patient of parents, there’s power in that little one’s approach. For this question, the default starting point is to look at market segmentation performance.

Strategic Planning 82

Strategic Planning Housekeeping Article Book 82

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Xotels

NOVEMBER 23, 2023

This is just one of the many important things discussed in this article. As a hotel management company , we hope this article will help you with the basic concept of hotel management to explore different hotel positions and everything in between. Article Summary What Is Hotel Management All About, And Why Is It Important?

Housekeeping 40

Housekeeping Maintenance Article Concierge 40

Les Roches

JANUARY 19, 2024

The business plan is a roadmap, outlining important aspects such as market analysis, manage­ment structure, marketing plans, ope­rational strategies, and financial projections. Why do you need a hotel business plan? Why do you need a hotel business plan?

Marketing 52

Marketing Book Accounting Procurement 52

Xotels Hotel Revenue Management

MARCH 4, 2020

Target New Customer Segments With a Dynamic Marketing Drive. There are specific niche markets beyond the traditional business-leisure dichotomy. As boomers are generally in their retirement years now, they tend to have much more free time, and so are the ideal target market for low season sales periods. Geo-specific Targeting.

Blog 52

Blog Pricing Training Accounting 52

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. Hotel Market Size & Opportunities. Pulling Everything Together: The Business Plan. 11 Steps of Putting Your Plan Together. Marketing Experience.

Definition 52

Definition Marketing Budgeting Article 52