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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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