by Lybra Team | Dec 22, 2022 | News
As a hotel revenue manager, you have the important job of managing your hotel’s finances in order to maximize profits. It’s a challenging job, but there are several tips you can use to make your job easier and more successful. Keep reading this article to discover...
by Lybra Team | Dec 13, 2022 | News
A good Average Daily Rate (ADR) is every hotel owner’s dream. It shows your hotel is doing well and helps keep your business on track.So, how exactly can you increase your ADR to realise remarkable returns?To that end, we have compiled a few tips to help you improve...
by Lybra Team | Dec 10, 2022 | News
Today, more than ever, revenue management is the key to running a profitable and successful hotel. The data that is now readily available, as well as ways to analyse and track it, gives you a host of new opportunities to turn a profit at your business.The most...
by Lybra Team | Dec 1, 2022 | News
Having a plan in place for effective hotel revenue management can help you secure profits. In the hotel industry, things can change very rapidly, and how much money you make at your property depends heavily on pricing, demand, location, and seasonality. Hoteliers use...
by Lybra Team | Nov 19, 2022 | News
According to the Revenue Management Report generated by Skift in 2019, only about 30% of all hotels use some sophisticated solution for Revenue Management. Assuming the market of 187K properties, this means all Revenue Management Systems in the world, since 40 years,...