Loading...

Hotel Trends: Discover The Latest Developments in The Hotel Industry!

2022-01-21T15:15:34+01:00

It is essential for owners and marketers to keep pace with the latest hotel trends, because new technology, shifting social attitudes, demographic changes and emerging economic realities are all fundamentally altering how hotels and their customers do business. The outbreak of COVID has added to this, affecting customer priorities and forcing hotels to adapt. In this article, you can learn

Hotel Trends: Discover The Latest Developments in The Hotel Industry!2022-01-21T15:15:34+01:00

Hotel Robots: An Overview of Different Robots Used in Hotels

2021-11-09T10:52:10+01:00

Hotel robots represent some of the most effective forms of hospitality technology, and their presence will help the ensure superior levels of guest satisfaction. As a growing number of properties are employing these autonomous "smart" services, it only stands to reason that we examine these robots in greater detail. Benefits can your property expect to enjoy? Quick menu: What are

Hotel Robots: An Overview of Different Robots Used in Hotels2021-11-09T10:52:10+01:00

Protecting Your Hotel’s Cash Flow & Improving Asset Valuation

2021-10-18T10:13:29+02:00

Hotel revenue management plays a central role in protecting, forecasting, and strengthening a hotel's cash flow and overall financial position by enhancing the cash position of the asset. Additional revenue generated by a revenue management system directly flows into the amount of cash available. This higher rate of cash flow—combined with detailed forecasts which enable expense management—has a number of

Protecting Your Hotel’s Cash Flow & Improving Asset Valuation2021-10-18T10:13:29+02:00

How to Hire the Best Hotel Staff for Your Hotel?

2021-10-18T09:48:35+02:00

It is impossible to run a successful hotel without hiring the right hotel staff. After all, success in the industry is hugely reliant on customer service and there are a huge number of additional tasks and duties that need to be carried out. For instance, most hotels need marketers, receptionists, HR staff, accountants, cleaners, IT support workers, chefs, waiters, concierge

How to Hire the Best Hotel Staff for Your Hotel?2021-10-18T09:48:35+02:00

An Analyze of How Hoteliers Handled Revenue Management During the Pandemic

2021-10-14T11:32:08+02:00

Using past data to predict future revenue during a pandemic might seem counterintuitive to many hoteliers. After all, hotel revenue management is always a complex science. How can you predict anything during a pandemic? In this article, you’ll learn how fellow hoteliers dealt with the Corona pandemic. Three Different Paths During the Pandemic As a hotelier, you’ve faced an unusual

An Analyze of How Hoteliers Handled Revenue Management During the Pandemic2021-10-14T11:32:08+02:00

Revenue Management After COVID-19 – “Innovating Through Uncertainty”

2021-09-10T15:06:37+02:00

Never before has a single event affected the global economy to the extent that the ongoing COVID-19 pandemic has. Within the hotel industry, revenue managers, owners and operators have been thrown into disarray and all are facing a less predictable future. In this article, you will learn more about the role that revenue management strategies will play in the post-COVID

Revenue Management After COVID-19 – “Innovating Through Uncertainty”2021-09-10T15:06:37+02:00

How Successful Hoteliers Handle Pricing Strategies for The Recovery

2021-08-19T10:40:33+02:00

Analyses showed that hotels with a solid revenue management strategy came out of the Covid-19 crisis better than hotels without. In this article, you'll learn how successful hoteliers handle pricing strategies for recovery, and how to deal with spillage, spoilage, overbooking, and oversell. Quick menu: Hotels With a Solid RM Strategy Came Out of the Covid-19 Crisis Well The Results

How Successful Hoteliers Handle Pricing Strategies for The Recovery2021-08-19T10:40:33+02:00

12 Online Travel Agents (OTAs) to Increase Your Hotel Bookings

2021-08-19T10:40:56+02:00

The role of an online travel agency, or OTA for short, has become increasingly important within the hotel industry, because they provide a convenient way for customers to compare hotels and to book them over the internet, from the comfort of their own home, or on the go. In this article, you will find out more about online travel agents

12 Online Travel Agents (OTAs) to Increase Your Hotel Bookings2021-08-19T10:40:56+02:00

Hospitality Jobs: Overview of All Channels to Find Your Next Job

2021-08-19T10:47:21+02:00

Employers advertise hospitality jobs in a variety of different places, ranging from their own website, through to industry job boards and social media. For this reason, when you are in the process of conducting a job search, it is crucial that you check multiple different channels. Here, you will find an overview of the main options available to you. Quick

Hospitality Jobs: Overview of All Channels to Find Your Next Job2021-08-19T10:47:21+02:00

Revenue Management Automation; Does it Answer All Your Questions?

2021-08-19T10:47:41+02:00

Over the past year, many discussions about revenue management have come up. This raised the debate around the relevance and importance of historical data. And, of course, the corona crisis tested revenue professionals’ trust in automated tools like Revenue Management Systems (RMS). The latter brought many hotels great results despite the pandemic. This article describes how revenue managers can make

Revenue Management Automation; Does it Answer All Your Questions?2021-08-19T10:47:41+02:00

Total Revenue Management: How Hotels Can Maximize Their Revenue

2021-08-19T10:47:50+02:00

Total revenue management can broadly be defined as the goal to manage each revenue source to the highest profitability. By incorporating multiple revenue points-of-sale like food and beverage, banqueting and conferencing facilities, spa, retail, leisure activities and others with room revenue management, total revenue management assists hotels in achieving their goal of increasing revenue and profitability in a competitive market.

Total Revenue Management: How Hotels Can Maximize Their Revenue2021-08-19T10:47:50+02:00

4 Reasons why Contactless Payments are Becoming Popular Within the Travel Industry

2021-08-19T10:49:43+02:00

It only stands to reason that the travel industry needs to evolve in line with the technology needs of its customers. Since the corona pandemic, costumers are more careful to touch public devices, which created some new needs.  One area of interest involves the ways in which travelers can now pay for a reservation or other services. Let us take

4 Reasons why Contactless Payments are Becoming Popular Within the Travel Industry2021-08-19T10:49:43+02:00

Tips to Highlight Safety in Marketing & Guest Communication in Travel

2021-08-19T10:50:53+02:00

Due to the COVID outbreak, the travel industry has been placed under an immense amount of pressure. This is the very same reason why travel and tourism professionals have needed to place a much greater emphasis on the concept of safety. How can such an approach be used in conjunction with your ongoing marketing campaigns and guest communication? We provide

Tips to Highlight Safety in Marketing & Guest Communication in Travel2021-08-19T10:50:53+02:00

How to Measure The Profitability of Your Hotel Business

2021-08-19T10:52:20+02:00

Profitability is the ability of a business to generate earnings from its operations over a given period. To gauge the overall profitability of a business, there are various methods known as profitability ratios. This article explains the different profitability ratios, and you will learn how revenue management can positively impact profitability. Insight in Profitability Ratios Profitability ratios provide insight into

How to Measure The Profitability of Your Hotel Business2021-08-19T10:52:20+02:00

Tips to Simplify Your Revenue Strategy With Analytics & Automation in 2021

2021-03-23T09:43:41+01:00

As a revenue manager, analytics and automation probably aren’t new to you. But recent developments in tech, like predictive analytics, forward-looking data and live insights, take revenue management to a whole new level. Especially in the looming recovery phase, these capabilities can drastically increase your chances of success even with unpredictable markets. Leaving Historical Data Behind Before Covid-19, your historical

Tips to Simplify Your Revenue Strategy With Analytics & Automation in 20212021-03-23T09:43:41+01:00

Marketing Tips For the Hospitality & Travel Industry During the Corona Crisis

2021-03-22T13:53:05+01:00

During the Corona (COVID-19) crisis, there is a lot of uncertainty in the travel industry. Billions of damage are imminent for the travel industry. The only relief from measures against the Corona (COVID-19) virus can ease the economic pain. The hope of travel organisations is focused on summer and autumn business. But how do you deal with online marketing during

Marketing Tips For the Hospitality & Travel Industry During the Corona Crisis2021-03-22T13:53:05+01:00

Do City Hotels Need to Stay Open or Close During the Pandemic?

2021-03-07T10:44:54+01:00

In the wake of the COVID pandemic, it is fair to say that the hospitality and tourism industry has been hit hard. It has dealt with an unprecedented economic fallout as international travel became restricted, flights reduced, events cancelled or postponed, and attractions and entertainment venues closed for extended periods. This article addresses whether hotels should remain open or suspend

Do City Hotels Need to Stay Open or Close During the Pandemic?2021-03-07T10:44:54+01:00

Tips for Hotel Revenue Forecasting in a Constant State of Uncertainty

2022-01-06T13:54:25+01:00

The global hospitality industry has had its fair share of large-scale disruptions since COVID-19 first struck, and the hotel sector faces an uncharted recovery period ahead. Hoteliers can gain ground by using agile, accurate, and holistic revenue forecasting. Modern Tools for Modern Challenges Are you using outdated technology at your hotel? Advanced, cloud-based solutions will help fulfil your security, connectivity,

Tips for Hotel Revenue Forecasting in a Constant State of Uncertainty2022-01-06T13:54:25+01:00