Hotel Revenue Management: Tips to Maximize Profit
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...
How to Increase the Average Daily Rate and Occupancy Rates of Your Hotel
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...
What is hotel revenue management? A guide for beginners
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...
