Revenue & Yield Management Blog

Hotel Revenue Management Tips & Ideas by XOTELS

Welcome to our XOTELSHotel Revenue Management Blog. Explore cutting-edge strategies, data-driven insights, and expert tips tailored for optimizing revenue in the dynamic world of hotels. Discover the revenue management potential and elevate your hotel’s profitability to success.

How To Increase Hotel Revenue in Low Season

By |Hotel Management Blog, Revenue & Yield Management Blog|

Hotel low season revenue has long been considered to simply be an unfortunate fact of the industry. It brings less demand and, therefore, lower revenues too. But the industry has changed so much in such a short space of time, and hotels no longer have to accept that low season automatically means slow business.

By adopting a proactive stance and implementing a series of tried-and-tested tactics, your hotel can blossom in what traditionally is considered low season. Read on to discover our five best practice steps to attract guests and increase hotel revenue during a low occupancy phase at any time of the year.

Top 10 Essential Revenue Management Articles for a Successful 2024

By |Hotel Management Blog, Revenue & Yield Management Blog|

Top 10 Revenue Management Articles and Tips to Read for a Successful 2023 We have compiled a list of the best articles published last year to give you a head start into 2023! Before diving into the list, we would like to welcome you to check out our recent articles covering the plethora of essentials to Hotel and Operations Management, Marketing and Distribution, Finance and Accounting, Systems and Technology and other hospitality-focused insights.

How to Forecast Hotel Revenue with Optimized Precision

By |Hotel Management Blog, Revenue & Yield Management Blog|

How to Forecast Hotel Revenue with Optimized Precision by Xotels

At XOTELS, it has been a while since we covered this topic on our hotel management blog, so I thought it would be good to have another look at forecasting in hotels. With reservation lead time changing in key markets we operate in, it is becoming more challenging to forecast accurately.

And still it is essential to give our operational departments a realistic financial outlook to run the day to day operations of the hotel as cost effective as possible. And also owners and investors need to have insight and the right expectations on the financial performance of their hospitality business.

Hotel Revenue Management in Italy, Case Studies by Xotels

By |Hotel Management Blog, Revenue & Yield Management Blog|

Hotel Revenue Management in Italy, Case Studies by Xotels

It has been a few years since Xotels is operating in Italy now. And we wanted to share some of our successes in terms of hotel revenue management strategies with you.

Before entering into the market we were faced with the same hurdles as always. Owners and managers were concerned we did not know the market, and did not have first hand local experience.

Of course as a strategist these concerns are not valid to us, as we analyze demand patterns, performance KPI and and other statistics to optimize a business. And regardless of where it is located, the methodology and best practices of revenue management do not change.

So how did we do? Let me share some case studies of our hotel performance in Italy with you.

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