|
Wednesday, 03 February 2010 00:00 |
|
In the early days we all measured the performance of our hotel based on occupancy. and ADR Then the revenue management phenomenon hit our industry and we all shifted to REVPAR. Nowadays the keyword is GOPPAR. We want to see how every booking affects our GOP. But something is missing…
|
|
Find out!!!
|
|
|
Sunday, 29 November 2009 00:00 |
|
Scouting the industry for new solutions and technology that will help our clients to manage their hotels more efficiently and achieve better results, we came across The Conference Bench. A benchmarking tool to optimize revenue and performance of conference and function space.
|
|
Read more now
|
|
Tuesday, 17 November 2009 00:00 |
|
Whenever we use the word outsourcing in the hotel industry we get a bit of a strange reaction. Too many hoteliers there is a kind of negative feeling or aversion towards this word. Why? What is wrong with it? Why is it scary? Let’s look at it from the other side, what advantages come along with outsourcing.
|
|
Check it out
|
|
Wednesday, 05 August 2009 09:20 |
|
So how can we make informed decisions about our pricing strategies? I mean decisions founded on solid data and statistics. A demand calendar is the answer for your revenue management operations.
|
|
Read it now ...
|
|
Wednesday, 22 July 2009 08:41 |
Just about every industry expert and professional has been preaching for the last 6 months that dumping rates is not the solution to offset low demand during these challenging economic times. But to unload distressed inventory even Starwood Hotels & Resorts is cutting its prices up to 50% at approximately 600 properties worldwide.
|
|
Find out more !
|
|
Friday, 03 July 2009 12:59 |
In our seminars and consulting projects with hotels we have identified a clear need to work to better educate the people who take revenue management decisions in hotels. We have therefore implemented a revenue management simulation program. It allows us to teach revenue management in a realistic environment. You will learn by trial and error. It is really hands on.
|
|
Read more...
|
|
Thursday, 14 May 2009 17:13 |
|
Sometimes we are just to stuck in the ways we do our job on a daily basis. We are lowering rates as the competition just launched a special deal, offering group rates based on other quotes travel agents have received, and answering emails within an hour or at least 24 hours.
Yes we live in our inbox and we answer the phones. All reactive behavior... tfu3vrzing
|
|
Find out!
|
|
Wednesday, 13 May 2009 16:02 |
|
Margaillan begins our discussion by saying that there have been many changes to the industry during the past year; many of which he believes can be associated directly to the global financial crisis and the ever spiralling market conditions. He feels the need for detailed data analytics has also therefore become equally as important to hoteliers as they struggle to understand their clients’ patterns and strategies more than ever before.
|
|
Read more...
|
|
Tuesday, 05 May 2009 00:00 |
|
We have included Xotels' Group Discussion from the Wiwih network into the Xotels blog. In this hospitality management community you can discuss the latest market trends on revenue management, online distribution and ecommerce with over 1500 expert colleagues and peers. (tfu3vrzing)
|
|
Check it out!
|
|
|
|
|
|
Revenue Management
