Hotel Industry

Hotel Investments: How To Become a Successful Hotel Investor

Martijn Barten2023-12-24T14:25:42+01:00

Hotel investments can provide an exciting opportunity for first-time property investors to buy into a great industry with excellent earning potential or for established property investors to diversify their portfolios and capitalize on all the service industry offers. In this article, you can learn about hotel investments, their various forms, advantages, and the best approaches to ensure long-term success with

Hotel Investments: How To Become a Successful Hotel InvestorMartijn Barten2023-12-24T14:25:42+01:00

Role of a Revenue Manager is Shifting Thanks to Automation

Revfine.com2023-12-06T15:09:26+01:00

Like much of our world today, the hospitality industry is constantly changing and evolving beyond what revenue managers and leaders of the past could have imagined. During unprecedented change, automation and new technology have become essential to successfully navigating the post-COVID hospitality landscape. Revenue Managers Becoming Strategists But with any change, comes reservation and distrust. As the industry continues to

Role of a Revenue Manager is Shifting Thanks to AutomationRevfine.com2023-12-06T15:09:26+01:00

Discover Why These Hotels Enjoy a 15%-40% Higher Revenue Than 2019!

Revfine.com2025-02-23T11:55:36+01:00

When you review your hotel's mid-year numbers, what do you see? Are your occupancy rates up? Is revenue up? Is your hotel enjoying a revenue boost from 2019? A sample of over 400 revenue-managed hotels found they're on track to close 2022 with a 15%-40% revenue boost from 2019. A Decrease in RevPar for European Hotels A review of May

Discover Why These Hotels Enjoy a 15%-40% Higher Revenue Than 2019!Revfine.com2025-02-23T11:55:36+01:00

7 Hotel Marketing Techniques to Boost Direct Bookings in 2022

Revfine.com2024-04-10T12:51:36+02:00

Digital marketing is essential if you want to drive bookings and especially if you're after more direct business for your hotel. But with the countless available tools and strategies, it can be hard to decide which ones to implement. The following article highlights seven hotel marketing techniques to concentrate on to make your direct booking soar. 1. Optimise Your Website

7 Hotel Marketing Techniques to Boost Direct Bookings in 2022Revfine.com2024-04-10T12:51:36+02:00

How to Solve Staffing Shortages in the Hospitality Industry with Technology

Martijn Barten2024-06-01T15:42:55+02:00

Staffing shortages within the hospitality industry can hurt the quality of a business and the experience that customers or guests receive. However, the consequences of staffing issues can be greatly reduced through intelligent investment in technology. In this article, you can learn more about how technology can be deployed to solve staffing shortages or reduce the impact of lower staff

How to Solve Staffing Shortages in the Hospitality Industry with TechnologyMartijn Barten2024-06-01T15:42:55+02:00

Tips to Take Advantage of Changing Booking Behavior Before Your Competition

Revfine.com2023-12-06T15:11:40+01:00

While the Omicron variant slowed market recovery in 2021, STR's data reveals a strong positive trend for the hospitality industry for 2022 and beyond. In this article, you'll learn how to stay ahead of the competition by understanding the three data pillars of a forward-looking revenue strategy. Global Occupancy Increased It shows that the net propensity to travel has increased

Tips to Take Advantage of Changing Booking Behavior Before Your CompetitionRevfine.com2023-12-06T15:11:40+01:00

Hotel Owners: Understanding the Role of a Hotel Owner

Martijn Barten2023-12-24T14:25:09+01:00

Hotel owners have an important role, as they are ultimately responsible for the business and ensuring the right employees are working in the right areas. In this article, you will learn about the role of a hotel owner, find out about hotel management companies, and explore different hotel management structures. Table of Contents: What is the Hotel Industry? The Role

Hotel Owners: Understanding the Role of a Hotel OwnerMartijn Barten2023-12-24T14:25:09+01:00

Night Auditor Duties & Responsibilities in Hotel: Everything to Know

Martijn Barten2024-06-01T15:37:44+02:00

Night Auditor duties and responsibilities in hotels involve helping guests during the night hours and balancing the day's accounts. Guests arriving at night may be checked in by the night auditor, who will also take reservations and see any requests that might arise. The night auditor's duties involve processing the hotel's invoices, reconciling accounts, and processing staff pays cheques. Table

Night Auditor Duties & Responsibilities in Hotel: Everything to KnowMartijn Barten2024-06-01T15:37:44+02:00

5-Star Hotel: Overview and Features of Five-Star Hotels

Martijn Barten2024-06-07T13:56:38+02:00

A 5-star hotel is an establishment tailored to very discerning guests. To obtain a five-star designation, a hotel must offer lavish accommodations and many different amenities -- gyms, spas, gourmet restaurants, and more. Five-star hotels also provide a very high standard of service, personalized to each guest's specific needs. In this article, you'll learn what makes a five-star hotel. Table

5-Star Hotel: Overview and Features of Five-Star HotelsMartijn Barten2024-06-07T13:56:38+02:00

5 Creative, Free & Reliable Ways to Drive More Traffic to Your Site

Revfine.com2025-03-24T14:26:39+01:00

Do you feel like your hotel is on the precipice of success or simply missing that je ne sais quois, so you're looking for some nifty and smart ways to capitalise on your hotel's online presence? Then look no further; this article outlines ideas that are easy to implement, involve no costs, and have a proven track record in the

5 Creative, Free & Reliable Ways to Drive More Traffic to Your SiteRevfine.com2025-03-24T14:26:39+01:00

How Attribute-based Selling Solves the Hotel Industry’s Problem with Personalization

Revfine.com2023-12-06T15:13:33+01:00

As consumers, we're surrounded by extreme personalization every day. Whether AI-driven provides product recommendations, options when booking an airline ticket or even adding extra pepperoni on a pizza, consumers are commonly exposed to personalization mechanisms in their online shopping experiences. Consumers Expect Personalization Consumers have come to expect personalization as a standard function. An overwhelming 70% say we will shop

How Attribute-based Selling Solves the Hotel Industry’s Problem with PersonalizationRevfine.com2023-12-06T15:13:33+01:00

3 Steps to Fight Price Disparities on Your Hotel Website

Revfine.com2023-12-06T15:13:54+01:00

As travel comes back in full force, everyone is trying to claim their slice of the pie. So it’s no wonder you are running into price disparities between your hotel’s rates and those available on OTAs (online travel agencies) and metasearch engines. They’re inevitable, and as a savvy hotelier, you’ve got two options: accept them, or take action. In this

3 Steps to Fight Price Disparities on Your Hotel WebsiteRevfine.com2023-12-06T15:13:54+01:00

Does Contactless Check-In Improve the Guest Experience?

Suzanne2023-12-20T17:23:12+01:00

Question for Our Hotel Marketing Expert Panel Does contactless check-in improve the guest experience or not? What are the potential pitfalls? Would you consider it essential for hotels / accommodation providers? Our Marketing Expert Panel Sarah Dandashy - Travel & Hospitality Expert, Ask A Concierge Adele Gutman - Culture and Guest Experience Expert,

Does Contactless Check-In Improve the Guest Experience?Suzanne2023-12-20T17:23:12+01:00

Motel Meaning: Understanding the Role of Motels in the Industry

Martijn Barten2024-06-01T15:40:51+02:00

Motels are overnight accommodations for motorists and remain important in the wider hotel industry. In this article, you will be able to obtain a clear motel meaning or definition, gain insights into the history of the motel industry and the current role of motels, and learn about the motel technology that is shaping the future. Table of Contents: Motel Meaning

Motel Meaning: Understanding the Role of Motels in the IndustryMartijn Barten2024-06-01T15:40:51+02:00

How Should Hotels Decide on their Online Platform Listings?

Suzanne2023-12-06T15:16:45+01:00

Question for Our Revenue Management Expert Panel: There is a growing need for hotels to be listed on multiple online platforms. What should Revenue Managers consider when deciding on where/where not to list? (Question proposed by Theresa Prins) Our Revenue Management Expert Panel Pablo Torres - Hotel Consultant, TSA Solutions Nikolas Hall

How Should Hotels Decide on their Online Platform Listings?Suzanne2023-12-06T15:16:45+01:00

Types of Hotel Rooms: The Different Hotel Accommodation Types

Martijn Barten2024-06-01T15:38:51+02:00

Types of hotel rooms range from the simplest dorms and motel bedrooms to luxury suites and apartments. There are as many different hotel room types as there are travelers. In this article, you'll learn everything you need to know about the range of hotel rooms and how these categories are helpful. Table of Contents: What Is the Hotel Industry? The

Types of Hotel Rooms: The Different Hotel Accommodation TypesMartijn Barten2024-06-01T15:38:51+02:00

5 Keys to Becoming a Great Hotel Marketing Leader

Revfine.com2025-03-24T14:19:07+01:00

Being a leader is one thing; being a great leader is a whole new ball game. To stay at the forefront of innovation, creativity and ahead of your competitors, you need to learn the skills required to be a great leader when marketing your hotel. The Core Fundamentals of Why Your Hotel Exists If you take a close look at

5 Keys to Becoming a Great Hotel Marketing LeaderRevfine.com2025-03-24T14:19:07+01:00

Automation in Hotel Revenue Management: Yes, or No?

Revfine.com2023-12-06T15:18:02+01:00

At the Asian American Hotel Owners Association’s annual event, Tyler Morse, chairman and CEO of MCR Development, recently shared a quote to inspire hoteliers to take revenue maximisation into their own hands: “Increase your rates; do it with confidence. … Stop wasting money … Buy smart technology… This is a very simple business … don’t get swooned by all the

Automation in Hotel Revenue Management: Yes, or No?Revfine.com2023-12-06T15:18:02+01:00

Strategies, Tactics, and Insights for the Hotel Industry

Optimize revenue, innovate processes, and improve customer experience