Increasing hotel occupancy is always a challenge for hoteliers. It’s very tempting to slash the room rates to increase hotel occupancy in an attempt to increase hotel revenue. But in Read More
How to Forecast Revenues on Your Hotel
Now more than ever, it is important for operational departments to have a realistic financial outlook of hotel revenue in order to be able to run day-to-day operations as cost-effectively Read More
Applied Revenue Management: How could I apply revenue management to my busines…
Applied Revenue Management: How could I apply revenue management to my busines…: In his book , Revenue Management: Hard-Core Tactics for Market Domination , Robert G. Cross defines revenue management Read More
Hotelier’s Life : Let’s Talk about Revenue and the technical words to use….
This time I have thought to write something about the specific words and terms to use everytime that you need to express and calculate the Revenue at your Property… Here Read More
Hotelier’s Life: The Goppar Model
Do you know what the Goppal model is? Revenue management, also called yield management, is the main focus in Hospitality. Room nights being a perishable good it is of vital Read More