Revenue Hub
NOVEMBER 17, 2023
In our previous article, we shared insights and advice from global hospitality experts on how to make the 2024 hotel budget process as smooth and painless as possible. Here, we share five ways to improve budget accuracy and performance in uncertain times. We conduct a lot of due diligence surrounding our competitors.”
Hotel Owner
FEBRUARY 12, 2024
Contracted positions exceeded expectations, reflecting growth over previous years and outperforming set budgets. Richard Smith, chief commercial officer at Wyboston Lakes Resort, said: “Despite a dynamic economic landscape with inflationary pressures, the company demonstrated resilience through proactive sales strategies and cost management.
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Les Roches
OCTOBER 23, 2023
They also research strategies and analyze the success of previous sales and marketing programs to make new strategic plans. By joining expertise from a hospitality degree with strategic acumen from an MBA, professionals are primed to excel as Sales and Marketing Directors. What does a sales and marketing director do?
STAAH
MAY 11, 2023
Kerala, a state nestled in the southern region of India, boasts a breathtaking array of natural wonders such as serene backwaters, pristine beaches, and scenic landscapes. With a proven track record of success, Althaf has demonstrated his ability to develop and execute strategic plans that drive client acquisition and increase revenue.
Xotels
APRIL 3, 2024
Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? Advance Sales: The hotel product, represented by rooms, can be sold in advance, enabling revenue managers to strategically plan and optimize occupancy levels over time.
Revenue Hub
DECEMBER 1, 2022
Revenue management technologies are increasingly common across the APAC hotel landscape, but each level of a hotel’s ownership and management has different needs from an RMS. When departments align and data and market intelligence is shared, staff have a clearer idea of which strategic business opportunities to pursue, negotiate or decline.
Synergy Suite
DECEMBER 5, 2023
To navigate this complex landscape successfully, restaurant owners need to be savvy not only in the culinary arts but also in financial management. If you can’t measure that with some accuracy, it might be best to group it with the fixed costs, especially if your marketing budget stays about the same each time period.
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