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RevPAR alone is no longer enough – hotels need new KPIs, technologies and a rethink in order to remain economically successful.
The classic Google search is disappearing. If you want to be found as a hotel tomorrow, you have to rethink today – and actively utilise the opportunities offered by AI.
Revenue Management is not just about pricing – it’s about offering the right price at the right time to the right customer. But who exactly is the right customer? This is where the concept of market segmentation becomes essential. Without a clear understanding of different customer groups, targeted Revenue Management is almost impossible.
Partner Offers on Booking.com are special rates that do not come directly from the hotel but appear on the platform through third-party suppliers or partner
In revenue management, the optimal utilization of available room capacity is crucial. One of the key methods for making the most profitable business decision is
Revenue management is often perceived as a data-driven discipline. However, behind the tables, charts, and algorithms are guests whose needs and behaviors are reflected in
In the hospitality industry, pricing strategies are crucial for maximizing occupancy and revenue. Traditionally, many hotels use Best Available Rate (BAR) pricing strategies, which set
In the dynamic and highly competitive world of hospitality, distribution channels are crucial for business success. While many hoteliers focus on online travel agencies (OTAs)
Revenue management will continue to be a central challenge and opportunity for the hospitality industry in the years to come. In a dynamic market landscape
Online Travel Agencies like Booking.com and Expedia have revolutionized hotel bookings, offering high reach and convenience. However, they also bring challenges such as high commissions and dependency risks.
