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A Guide to Marketing Hotel Sustainability

Today’s travelers aren’t just better-educated and better-informed, they’re more concerned than ever about adopting responsible practices around their journeys. The upshot is that these savvy travelers actively seek experiences and accommodations that align with their values — especially concerning environmental and sustainability practices. Reasons Behind the Popularity of Sustainable Travel There are compelling reasons behind this trend. First, heightened awareness

A Guide to Marketing Hotel Sustainability2025-06-16T10:57:58+02:00

Hotel Financial Statements: Essential Documents for Effective Hospitality Management

Hotel financial statements are vital documents that provide an overview of financial data, including revenue, expenses, profit and loss. The documents also break down financial data based on the different departments. For hotels, such statements are valuable for understanding and assessing financial health. They can also be used to inform strategies and identify relevant trends, making it easier to plan

Hotel Financial Statements: Essential Documents for Effective Hospitality Management2025-07-14T10:13:43+02:00

AI Agents Are Now Booking Hotel Rooms – Is Your Property Ready?

AI is moving fast. Really fast. Every day seems to bring a new breakthrough: an image generator that goes viral, a smarter chatbot, a more powerful time-saving tool. Some innovations will fizzle out or quickly be supplanted. Others will fundamentally change how we live and work. And one of the latest to watch for revenue managers? OpenAI’s Operator. Operator has

AI Agents Are Now Booking Hotel Rooms – Is Your Property Ready?2025-06-16T10:58:09+02:00

8 Revenue Management Trends Transforming the Hotel Industry

The hotel industry in 2025 is undergoing a profound transformation, driven by technological advancements, shifting guest expectations, and the demand for sustainable practices. Revenue management has become a cornerstone for success in the hospitality sector, leveraging data and innovation to maximize profitability. 8 Revenue Management Trends Transforming the Hotel Industry This article delves into the top trends reshaping revenue management

8 Revenue Management Trends Transforming the Hotel Industry2025-06-16T10:58:19+02:00

How an Italian Hotel Doubled Revenue by Cracking Tripadvisor’s Top 10

Today's hoteliers want to increase their online bookings and revise corporate rates to a profitable market rate. Revenue management is a proven path to get there. This small hotel partnered with a revenue team and succeeded in doubling its revenue in two years and breaking into Tripadvisor's Top 10. Here's how. Revenue Management Boosts Online Reputation and Revises Static Corporate

How an Italian Hotel Doubled Revenue by Cracking Tripadvisor’s Top 102025-06-16T10:58:29+02:00

20 Revenue Management Tips for Hotels

Revenue management within the hospitality industry involves predicting consumer demand to optimize sales, allowing businesses to sell at the right price to the right customer at the right time. In a hotel, this may mean turning away business now to do more profitable business tomorrow. When carried out correctly, revenue management can be extremely effective, helping companies significantly boost their

20 Revenue Management Tips for Hotels2025-07-03T13:23:19+02:00

Top Tips to Keep Hotel Revenue Management Teams Trained and Updated

Question for Our Revenue Management Expert Panel: What are the most impactful ways to ensure a hotel's Revenue Management team stays up to date with industry trends and best practices? (Question proposed by Diego Fernández Pérez De Ponga) Our Revenue Management Expert Panel Pablo Torres - Hotel Consultant Kathryn Baker - COO, TCRM

Top Tips to Keep Hotel Revenue Management Teams Trained and Updated2025-06-11T15:10:23+02:00

The Basics of Revenue Management Explained!

Revenue management is concerned with optimizing financial results and is especially popular in industries like hospitality, which must contend with high fixed costs and a perishable inventory. For example, hotels have a certain number of rooms and fixed costs, which must be met regardless of how many rooms are sold. In such industries, revenue management predicts demand and optimizes inventory

The Basics of Revenue Management Explained!2025-07-02T19:02:42+02:00

21 Key Technology Trends Emerging in the Travel Industry in 2025

Technology is crucial to the tourism and travel industry, helping businesses with day-to-day operations while improving the customer experience. For this reason, hotels, airlines, restaurants, and other companies must keep up with the latest technology trends within the travel industry. In this article, you can learn more about the new travel tech trends of 2025. Table of Contents: What is

21 Key Technology Trends Emerging in the Travel Industry in 20252025-08-15T14:28:45+02:00

Guests Expectations in 2025: A Complete Guide on How to Engage Travelers

As time passes and technology keeps evolving, we enter into a new era of guest expectations. As we've said before, it's no longer enough to meet their needs simply, the challenge now lies in exceeding them. What they wanted three years ago is not the same as what they want today or what they will want tomorrow. This leaves no

Guests Expectations in 2025: A Complete Guide on How to Engage Travelers2025-05-30T13:38:43+02:00

Revenue Management is About Much More Than Pricing

When hoteliers, hotel owners, or management seek the help of a revenue management consultant or outsourcing company, they often mention something like, "We've casually practiced revenue management in the past." As the consulting engagement kicks off, these hospitality professionals will say they understand the discipline even though they lack a structured approach. Yet, revenue management is all about structure. Pricing

Revenue Management is About Much More Than Pricing2025-05-30T13:40:05+02:00

Maximizing Revenue for Extended Stay Accommodations: Challenges and Opportunities

Extended stay accommodations and serviced apartments represent a small but fast-growing portion of the European hospitality sector, with the market projected to grow (1) at CAGR of 12.3% from 2024 to 2030. The segment’s relatively rapid growth should come as no surprise as more travelers are booking trips that blend both work and play, major hotspots crack down on short-term

Maximizing Revenue for Extended Stay Accommodations: Challenges and Opportunities2025-05-30T13:40:44+02:00

Hotel Industry Challenges: A Guide for Hoteliers

Hotel industry challenges are best conceptualized as a product of a dynamic economic landscape. These include financial, market, and logistical elements inherent to the modern world. Examples range from staff retention to adaptation of new technological innovations. To succeed in the hospitality industry is to face these challenges with a full understanding of their complexities and possible methods of resolution.

Hotel Industry Challenges: A Guide for Hoteliers2025-05-30T13:41:23+02:00

Discover The Latest Housekeeping Trends for 2025

It is important for hotels to keep up with the latest housekeeping trends, as these will influence customer expectations. Furthermore, many of these trends have emerged because they provide ways to manage a housekeeping team effectively, boost efficiency, and improve guest satisfaction. In this article, you can read about the most significant trends to follow to optimize your hotel's operations

Discover The Latest Housekeeping Trends for 20252025-05-30T13:41:35+02:00

Outsourcing Revenue Management: 4 Ways it Benefits Hotels

Revenue management is extremely important within the hotel industry because it enables owners to optimize their business operations and improve financial results. However, it also requires specific skills and knowledge, which means that it can be more effective to outsource revenue management to a third party that specializes in this area. In this article, you will learn more about revenue

Outsourcing Revenue Management: 4 Ways it Benefits Hotels2025-06-14T12:56:58+02:00

How Food and Beverage Management Drives Hotel Profitability

Food and beverage (F&B) services are the lifeblood of the hospitality industry. A good meal is one of the cornerstones of the human experience and colors every other element of a guest's day. Food and beverage services help differentiate you from the competition, provide a steady revenue stream, increase guest loyalty, act as a marketing tool, and generally enhance almost

How Food and Beverage Management Drives Hotel Profitability2025-06-01T08:30:21+02:00

11 Things to Consider When Choosing A Machu Picchu Package Tour

Visiting Machu Picchu is a dream for many travelers as one of South America's most iconic archaeological sites. Its ancient Inca ruins, rich history, and beautiful views offer an unforgettable journey. Today, immersive technology is transforming how people explore destinations like this. Modern tools can enhance the experience in exciting new ways, from virtual previews to augmented reality on-site guides.

11 Things to Consider When Choosing A Machu Picchu Package Tour2025-05-26T13:24:41+02:00
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