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    Revenue Management Software

    A Simple, yet Intuitive Property Management System

    on April 28, 2021 | By Michael Sarkis
    As the hospitality industry focuses on moving forward, increasing occupancy, and boosting revenue – now is the time for hoteliers to invest in the right property management system to help them achieve their financial goals.
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    Hotel Revenue Post-Crisis

    The Role of Revenue Performance in the COVID-19 Rebound

    on April 22, 2021 | By Vivek Bhogaraju
    The COVID-19 pandemic has brought a tremendous amount of uncertainty to the travel industry, including the revenue performance discipline, with many accommodations resting their success – and in some cases survival – in their revenue managers’ ability to effectively anticipate market trends. While this is a challenge unlike any other, it presents the opportunity for revenue managers to demonstrate the value you provide to broader travel industry.
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    Revenue Management Tips

    5 Easy Ways to Boost Guest Satisfaction and Hotel Revenue

    on April 13, 2021 | By Mia Belle Frothingham
    Like all other businesses, the core factor of the travel industry that determines the success of a hotel is guest satisfaction. In today's modern world, retaining hotel guests has become increasingly more important with such increasing competition. High quality service and thriving guest satisfaction is crucial for any hotel business.
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    Revenue Management Tips

    Proven Techniques to Boost Direct Hotel Bookings

    on March 29, 2021 | By Scott Frothingham
    Do you want to boost your hotel’s direct sales? If you are like most hoteliers, you are looking for new ways to drive more direct traffic and bookings to your hotel’s website. Unfortunately, an outdated website and marketing strategy can leave your hotel missing out on direct bookings, and unnecessarily paying the commission of OTAs.
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    Hotel Revenue Management

    Are You Using Your Property Management System to Its Full Capacity?

    on March 18, 2021 | By Scott Frothingham
    Your property management system (PMS) is the beating heart of your hotel operation. When it’s set up correctly, it can lift work off your team, organize tasks, improve the guest experience, and propel revenue gains.
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    Hotel Revenue Management

    Rate vs. Occupancy: What’s the Perfect Formula for a Revenue Increase?

    on February 23, 2021 | By Scott Frothingham
    It’s an age-old debate: Should your hotel revenue strategy focus on rate or occupancy? Hotel owners and general managers have long argued about if it’s better to focus on reaching more visitors or on bringing in more revenue from visitors they’re already attracting.
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    Hotel Revenue Management

    7 Immediate Reasons Why You Need to Revamp Your Hotel Revenue Strategy

    on February 23, 2021 | By Scott Frothingham
    How sound is your hotel revenue strategy? If you’re like most hoteliers, you’re too busy to constantly revise and improve your revenue strategy. Unfortunately, a stale revenue strategy can leave your hotel missing out on massive revenue opportunities.
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    Hotel Revenue Management

    5 Benefits of Partnering with a Remote Revenue Manager

    on February 4, 2021 | By Scott Frothingham
    With COVID-19 steamrolling the hotel industry, most hoteliers are scrambling to regain their financial footing. The chaos may have left you in a panic. Luckily, there’s an untapped resource that many hoteliers are now turning to in order to breathe easier, lift revenue, and pave a path towards higher profits: remote revenue management.
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    Hotel Revenue Management

    Ways to Improve Your Hotel’s Revenue Management: Think RevPar!

    on January 26, 2021 | By Scott Frothingham
    Revenue is the fuel pumping through your hotel operation’s financial engine. The higher your revenue per available room (RevPAR) is, the more resources you have to drive your hotel toward higher profit. However, that hotel revenue engine needs to be fine-tuned if you want it to carry your hotel to financial success.
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    Hotel Revenue Management

    How to Evaluate Revenue Management Software

    on January 7, 2021 | By Scott Frothingham
    As hoteliers work to reassemble finances amid the chaos of the pandemic, revenue management software has become invaluable. This technology sheds light on revenue sources, unveils the path to more revenue, and can drive financial stability in shaky times.
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