Revenue Management Strategies for Hotels
We have written a lot about hotel revenue management over the last few years. It seems a good time to make a short list with the components that are crucial to your revenue management strategies.
Below a top 10 short list of article on revenue management strategies for hotels:
- Demand Calendar
- Market Segmentation
- Booking Curves
- Price Positioning
- Stay Controls
- Rate Fences
- Displacement Calculations
- Unconstrained Demand
I hope these articles will help refresh your memory on yield and revenue management strategies in the hotel industry, and give you a renewed perspective on this topic.
Remember it is all about outsmarting your competition. So, try to think of a stealth strategic revenue management action plan for your hotel, which is not too transparent to the competition in your market.
Enjoy the reading!
Patrick Landman @ Xotels