The importance of pickup and pace in hotel revenue management - Setting the right price might be the cornerstone of revenue management, but how you arrive at that decision requires some context.
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Hilton to disclose resort fees upfront - The company said it is working to ensure mandatory fees are displayed upfront on all its websites and apps.
Sep 25, 2023 • Hospitality
Leisure, bleisure travel waves may be crashing - Hotels are seeing a slowdown on weekends and definitely a significant slowdown on shoulder nights, especially Thursday nights.
Sep 22, 2023 • Hospitality
The eight best ways to diversify revenue in hotels - One of the surest ways to broaden your customer base and boost your bottom line is to diversify revenue in your hotel.
Sep 15, 2023 • Hospitality
The revenue strategies hotels are using today - For investors, revenue management technology is transitioning from a competitive edge to a fundamental necessity for staying profitable.
Sep 13, 2023 • Hospitality
Inflation's impact on hotel revenues and expenditures - Inflation erodes consumer purchasing power and pressures hotels with tighter profit margins due to rising operational costs.
Sep 5, 2023 • Hospitality
Hyatt now discloses resort fee up-front - Marriott, Hyatt, and MGM Resorts still face some outstanding grievances from some consumer advocates and government representatives.
Aug 30, 2023 • Hospitality
Hotel revenue managers question value of group travel - Group travel demand has shown a consistent rebound since the outset of the pandemic, yet elevated expenses are placing pressure on profit margins.
Aug 28, 2023 • Hospitality
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