The Impact of Revenue Management Systems on Enhancing Guest Experience in Hotels
In the cut-throat arena of the hotel industry, the defining metric of success isn’t just revenue—it’s guest satisfaction. Guests today are discerning, value-driven consumers who demand seamless service, personalized experiences, and excellent value for...
Hotel Direct Bookings vs. Hotel Bookings from OTAs: A Comprehensive Analysis of Pros and Cons for Hoteliers
The hospitality industry has experienced significant transformations in recent years, particularly in the way hotel bookings are made. Online travel agencies (OTAs) have gained popularity as a primary channel for booking hotel rooms, while direct bookings continue to...
What Is Hotel Rate Parity and Why It Is Important
In today’s highly competitive hospitality industry, hoteliers must be strategic about their pricing to attract guests and generate revenue. One crucial concept that hotel owners and revenue managers should understand is rate parity. This article will delve into...
