Hotel Industry

How Optimized Housekeeping Operations Save Costs & Drive Hotel Revenue

Revfine.com2023-12-06T15:34:30+01:00

Given the challenges the international hospitality industry faced in recent years, total hotel revenue optimization (THRO) is essential today. This probably brings up ideas like optimizing revenue generation in rooms, F&B, and the spa for you and most other hoteliers. But what about housekeeping? While this department was historically seen as a cost center, it has plenty of untapped revenue

How Optimized Housekeeping Operations Save Costs & Drive Hotel RevenueRevfine.com2023-12-06T15:34:30+01:00

Revenue Science Essentials: The 3 Pillars of Dynamic Pricing

Revfine.com2023-12-06T15:35:05+01:00

When applying revenue science to your hotel or resort’s dynamic pricing tactics, there are three areas ripe for optimization: demand, capacity, and price sensitivity. Taking the time to review the basics and reassess how each of these factors into your revenue strategy is critical to positioning your hospitality business for maximum revenue performance and growth. For the Right Price… One

Revenue Science Essentials: The 3 Pillars of Dynamic PricingRevfine.com2023-12-06T15:35:05+01:00

8 Tips & Strategies to Use the Expedia Extranet to Get More Bookings

Martijn Barten2024-06-01T15:50:37+02:00

Expedia is one of the world’s leading online travel agencies (OTAs), and the Expedia Extranet provides a variety of options, tools, and features, which can help hotels to reach new customers. In this article, you can learn about specific tips and strategies that will assist you in generating more bookings. Table of Contents: What is an OTA? What is Expedia?

8 Tips & Strategies to Use the Expedia Extranet to Get More BookingsMartijn Barten2024-06-01T15:50:37+02:00

NFT Hotel Opportunities: How Hotels Could Use NFT Technology

Martijn Barten2024-06-01T15:51:35+02:00

The concept of a non-fungible token, or NFT, is still relatively new, and brands are exploring the various ways they can capitalize on this trend. In this article, you can find out about some of the existing NFT hotel offerings, along with some of the ways NFT technology will likely be used by hotels in the future. Table of Contents:

NFT Hotel Opportunities: How Hotels Could Use NFT TechnologyMartijn Barten2024-06-01T15:51:35+02:00

Hotel Reviews: Strategies for Managing Negative Hotel Reviews Online

Martijn Barten2024-06-01T15:49:56+02:00

Online hotel reviews can have a major bearing on the success or failure of modern hotels and similar types of guest accommodation. Many customers actively look for reviews to help them decide which hotels to stay at, and the proportion of positive and negative reviews goes a long way toward forming your overall reputation. Here, you will gain insights into

Hotel Reviews: Strategies for Managing Negative Hotel Reviews OnlineMartijn Barten2024-06-01T15:49:56+02:00

9 Effective Ways to Improve The Guest Experience

Revfine.com2025-03-24T14:19:49+01:00

Guest experience is everything. It's what ensures that your hotel will be remembered and a big part of whether a guest will return to stay with you again. You don't need to move mountains or even free up a large budget. The good news is that there are some really effective ways to enhance the experience that your guests have

9 Effective Ways to Improve The Guest ExperienceRevfine.com2025-03-24T14:19:49+01:00

Increase Hotel Direct Sales with AI & Omnichannel Communication

Revfine.com2024-01-18T16:25:21+01:00

Omnichannel communication and artificial intelligence enable hotels to deliver a much more engaging e-commerce experience and increase direct online bookings by 10% on average. In this article, you'll find tips to increase direct hotel bookings with AI and omnichannel communication. Attract More People to Your Direct Reservation Process Through Omnichannel Engagement To increase direct sales, you first must ensure you

Increase Hotel Direct Sales with AI & Omnichannel CommunicationRevfine.com2024-01-18T16:25:21+01:00

How Does Your 2021 Hotel Performance Affect Your 2022 Forecast?

Revfine.com2025-02-23T11:55:49+01:00

As a hotelier, you know Occupancy and Revpar (revenue per available room) data are fundamental to your bottom line. Such data helps you interpret and compare the profitability of your property from year to year. As a revenue manager, you can make educated predictions. This article will review the benchmarks of the past two years and will use 2019 data

How Does Your 2021 Hotel Performance Affect Your 2022 Forecast?Revfine.com2025-02-23T11:55:49+01:00

What are the Top Hotel Benchmarking Tips and Strategies for 2022?

Suzanne2023-12-06T15:38:20+01:00

Question for Our Hotel Marketing Expert Panel As a hotelier, or an advisor to hoteliers, how and what do you currently benchmark? How do you benchmark your hotel competition? What changes are you planning to make in your 2022 benchmarking strategy? (Question proposed by Andrew Kavanagh) Our Marketing Expert Panel Susanne Williams

What are the Top Hotel Benchmarking Tips and Strategies for 2022?Suzanne2023-12-06T15:38:20+01:00

How Can Hotels Reach Their Ancillary Revenue Management Potential?

Suzanne2023-12-06T15:47:16+01:00

Question for Our Revenue Management Expert Panel: The importance of Ancillary Revenue Management is growing. What ARM strategies can be used to increase room revenue / revenue per guest? (Question proposed by Pablo Torres) Our Revenue Management Expert Panel Theresa Prins - Founder, Revenue Resolutions Nikhil Roy - Revenue & Pricing Manager, Key

How Can Hotels Reach Their Ancillary Revenue Management Potential?Suzanne2023-12-06T15:47:16+01:00

Considerations When Setting Stay Extension Pricing

Revfine.com2023-12-06T15:47:39+01:00

Most revenue managers are well aware of the latest industry trend of monetizing the requests for early check-ins and late departures. Why is this activity now trending? Before the pandemic, generally, favorable market conditions made normalized stay extension offers operational challenges simply not worth the effort. However, owners and asset managers are now pressing the commercial teams to find 'recovery

Considerations When Setting Stay Extension PricingRevfine.com2023-12-06T15:47:39+01:00

List of the 13 Excellent Hotel Brands to Work For

Martijn Barten2024-07-07T16:31:44+02:00

When seeking employment within the hotel industry, finding the right hotel brand for your tastes, needs, and preferences can be important. Of course, for job seekers based in Europe or hoping to move to Europe for work, this means understanding the best European hotel brands to focus on and learning about what they offer. You can find all of this

List of the 13 Excellent Hotel Brands to Work ForMartijn Barten2024-07-07T16:31:44+02:00

Restaurant Management: Everything You Need to Know

Martijn Barten2024-06-01T15:57:05+02:00

Restaurant management involves overseeing day-to-day operations within a restaurant. Still, it also has a significant strategic component because managers are ultimately tasked with guiding a business to long-term success. Here, we provide all the information you need on restaurant management, its definition, why it is so important, and the qualities and qualifications required to work in such a role. Table

Restaurant Management: Everything You Need to KnowMartijn Barten2024-06-01T15:57:05+02:00

What are the Top Market Segmentation Trends for Hotels in 2022?

Suzanne2023-12-06T15:49:07+01:00

Question for Our Hotel Marketing Expert Panel How do you think market segmentation will change for hotels in 2022? What do you expect the top trends will be? (Question proposed by Luminita Mardale) Our Marketing Expert Panel Adele Gutman - Culture and Guest Experience Expert, Hospitality Reputation Marketing Podcast Luminita Mardale - Director

What are the Top Market Segmentation Trends for Hotels in 2022?Suzanne2023-12-06T15:49:07+01:00

5 Hotel Website Personalization Tactics to Boost Direct Bookings in 2022

Revfine.com2023-12-20T18:41:46+01:00

Picture this. You want to surprise your partner for Valentine’s day with a romantic getaway. You start exploring options, but after entering your search dates on the hotel’s booking engine, the following message pops up: “Early bird offer. Enjoy an incredible 20% discount on family bookings this summer!” How random. Chances are you would leave the website to look for

5 Hotel Website Personalization Tactics to Boost Direct Bookings in 2022Revfine.com2023-12-20T18:41:46+01:00

How do Hotel Review Scores impact Pricing Strategies?

Suzanne2023-12-06T15:49:50+01:00

Question for Our Revenue Management Expert Panel: Great hotel reviews have a powerful influence on guests when deciding to book. How does a hotel’s review score impact its pricing strategy? (Question proposed by Massimiliano Terzulli) Our Revenue Management Expert Panel Theresa Prins - Founder, Revenue Resolutions Sandra Gannon - Commercial Consultant, Revenue Puzzle

How do Hotel Review Scores impact Pricing Strategies?Suzanne2023-12-06T15:49:50+01:00

The Limits of Rules-Based Revenue Management Technology

Revfine.com2023-12-06T15:50:17+01:00

There are automated revenue management decision-making systems, and then there are revenue management support tools that rely on a rules-based approach to setting and changing prices. While perhaps an efficient method for some proficient users, rules-based technology requires consistent manual intervention and will undoubtedly struggle as market conditions shift and staffing changeover occurs. Keep reading to understand the limitations of

The Limits of Rules-Based Revenue Management TechnologyRevfine.com2023-12-06T15:50:17+01:00

Pricing Your Rooms in 2022 – Getting The Best Results in Times of Uncertainty

Revfine.com2023-12-06T15:50:45+01:00

Cast your minds back to midnight on new years eve. You probably weren’t thinking about your room pricing. But if you had been, would you have felt confident about how demand will play out this year? How much would you bet on being right? If you are in charge of setting prices for a hotel, then a lot of money

Pricing Your Rooms in 2022 – Getting The Best Results in Times of UncertaintyRevfine.com2023-12-06T15:50:45+01:00

Strategies, Tactics, and Insights for the Hotel Industry

Optimize revenue, innovate processes, and improve customer experience