Hotel Revenue Management

A Steady Hand: How Revenue Management Solutions Can Help Hoteliers Navigate Economic Uncertainty

Revfine.com2025-05-06T11:39:04+02:00

It’s a foreboding statement that surely hoteliers are getting at least a little tired of seeing - particularly with the economic shock of COVID-19 firmly in our rear-view mirrors. While it’ll take time for the dust to settle, an aggressive and often-shifting trade policy from the world’s largest economy has undoubtedly injected a substantial amount of uncertainty into the plans

A Steady Hand: How Revenue Management Solutions Can Help Hoteliers Navigate Economic UncertaintyRevfine.com2025-05-06T11:39:04+02:00

Calculate RevPAR and Maximize Your Hotel’s Revenue

Martijn Barten2025-05-24T13:05:11+02:00

Calculate RevPAR for strategic optimization and success. It's a common mantra within the hospitality sphere. However, your Revenue Per Available Room (RevPAR) involves more than you might think, and every variable impacts your potential profit. RevPAR is a metric that explains your hotel's performance and helps identify areas for optimization and revenue growth. In this article, you'll discover the basics

Calculate RevPAR and Maximize Your Hotel’s RevenueMartijn Barten2025-05-24T13:05:11+02:00

Revenue Management Guide: Calculating Costs & Quality Analysis

Revfine.com2025-04-18T15:04:10+02:00

As a hotelier, you know many factors go into your room rates. Three of those factors are your costs, current demand, and your hotel’s online visibility. Revenue management is the science of assessing these and other factors and raising your profitability year after year. This article offers a guide to analyzing your costs and improving your analysis with the goal

Revenue Management Guide: Calculating Costs & Quality AnalysisRevfine.com2025-04-18T15:04:10+02:00

Top Revenue Management Trends for Luxury Hospitality in 2025

Suzanne2025-04-18T15:05:46+02:00

Question for Our Revenue Management Expert Panel: What are the most important revenue management trends that should be on the radar of the luxury hospitality segment this year? (Question proposed by Pallavi Gaonkar) Our Revenue Management Expert Panel Pallavi Gaonkar - Director of Revenue, Ayada Maldives Kathryn Baker - COO, TCRM (Total Customized

Top Revenue Management Trends for Luxury Hospitality in 2025Suzanne2025-04-18T15:05:46+02:00

Top Hotel Marketing KPI Recommendations from Hospitality Leaders

Suzanne2025-04-28T13:26:31+02:00

Question for Our Hotel Marketing Expert Panel Beyond ROAS (Return on Ad Spend), which digital marketing KPIs best help hotels track performance and align with their commercial strategy? (Question proposed by Stephanie Smith) Our Marketing Expert Panel Moriya Rockman - Chief of Marketing, Smiling House Luxury Global Michael J. Goldrich - Founder

Top Hotel Marketing KPI Recommendations from Hospitality LeadersSuzanne2025-04-28T13:26:31+02:00

Why Context is Everything in Hotel Analytics: Six Real-World Lessons

Revfine.com2025-04-07T14:21:53+02:00

In hotel management, numbers are everywhere: dashboards, reports, presentations. These numbers offer a sense of control and clarity. But numbers on their own don’t tell the full story. Relying on isolated metrics can lead to misguided strategies, missed opportunities, and costly mistakes. It’s the context that brings meaning to the numbers: in addition to the numbers as shown, is there

Why Context is Everything in Hotel Analytics: Six Real-World LessonsRevfine.com2025-04-07T14:21:53+02:00

Broadened Horizons: 3 Ways Revenue Management Tools Can Influence Commercial Success

Revfine.com2025-04-07T14:22:21+02:00

If you think of revenue management tools as solely a means for rolling out dynamic pricing strategies and making the most out of the demand for your property’s room inventory, it’s time to challenge that assumption. While these tried-and-true capabilities are a staple at most hotels, today’s advanced revenue management systems are making great strides in breaking down the barriers

Broadened Horizons: 3 Ways Revenue Management Tools Can Influence Commercial SuccessRevfine.com2025-04-07T14:22:21+02:00

Hotel Invoice Guide: Essential Tips & Best Practices for Hotel Professionals

Martijn Barten2025-04-22T12:58:29+02:00

A hotel invoice is a document presented to guests at the end of their stay, breaking down the charges they have incurred. This can include the room rate, additional services they used, taxes and more. Hotel invoices are essential for maintaining accurate financial records and providing guests with a transparent overview of charges. They can assist with compliance, preventing disputes

Hotel Invoice Guide: Essential Tips & Best Practices for Hotel ProfessionalsMartijn Barten2025-04-22T12:58:29+02:00

What to Do When Your GM Wants You to “Fix” the Forecast

Revfine.com2025-04-07T14:23:06+02:00

Forecasting is never easy—but it gets a whole lot harder when someone asks you to "adjust" the numbers. If your General Manager (GM) pushes for a rosier picture than the data shows, how do you stay realistic without rocking the boat? In this article, we'll walk through how to handle the pressure, maintain integrity, and turn tricky conversations into alignment.

What to Do When Your GM Wants You to “Fix” the ForecastRevfine.com2025-04-07T14:23:06+02:00

The Five Building Blocks of Hotel Revenue Maximization

Revfine.com2025-03-24T14:34:10+01:00

Revenue is the lifeblood of any hotel. The more effectively you generate, capture, and optimize it, the more successful your property will be. But too many revenue managers still rely on outdated revenue strategies, legacy metrics and clunky technology that hold them back. The result? Missed opportunities and money left on the table. Modern revenue management isn’t about following the

The Five Building Blocks of Hotel Revenue MaximizationRevfine.com2025-03-24T14:34:10+01:00

Profitable Forecasting: How to Boost Hotel Profitability with Revenue Management

Revfine.com2025-03-24T14:34:32+01:00

Well-run and profitable hotels are like a symphony where talented performers play their parts within the framework of the score. Their skilled cooperation creates the business foundation for the hotel to meet or exceed its business goals. Revenue management principles provide such a framework, with the revenue manager serving as the conductor. The Strategic Framework Behind Profitable Hotel Revenue Management

Profitable Forecasting: How to Boost Hotel Profitability with Revenue ManagementRevfine.com2025-03-24T14:34:32+01:00

4 Important Trends for Revenue Managers in 2025

Revfine.com2025-02-24T14:01:23+01:00

Hospitality is always changing. However, the current pace of change feels faster than ever, which throws up both challenges and opportunities for those within the industry. For revenue managers, the real question isn’t just about managing change – it’s about how to harness that change to drive profitability and long-term growth. 4 Trends for Revenue Managers in 2025 Revenue optimization

4 Important Trends for Revenue Managers in 2025Revfine.com2025-02-24T14:01:23+01:00

Best Practices for Managing Length of Stay Restrictions in Hotels

Suzanne2025-02-23T11:23:07+01:00

Question for Our Revenue Management Expert Panel: What are the best practices for managing Length of Stay restrictions? What considerations should be given to their usage, and what are the possible risks to avoid? (Question by Niko Krauseneck) Our Revenue Management Expert Panel Tamie Matthews - Sales & Marketing Consultant, RevenYou Connor Vanderholm

Best Practices for Managing Length of Stay Restrictions in HotelsSuzanne2025-02-23T11:23:07+01:00

7 Common Revenue Management Mistakes and How to Avoid Them

Revfine.com2025-02-23T11:47:02+01:00

Imagine a well-located boutique hotel. The guests enjoy themselves, and while it's slow, it is low season. However, as high season approaches, many rooms remain empty while other nearby properties fill. What's Making Nearby Hotels More Attractive? On the surface, there's no obvious reason why guests are choosing the competition. A little sleuthing shows that these hotels use dynamic pricing

7 Common Revenue Management Mistakes and How to Avoid ThemRevfine.com2025-02-23T11:47:02+01:00

Airbnb Pricing Strategies: Ultimate Guide for Revenue Management

Martijn Barten2025-02-28T11:47:23+01:00

Airbnb pricing strategies are the different approaches used to determine the rates Airbnb properties charge guests. There are a variety of different methods available and many hosts will use a combination of approaches. Adopting the right pricing strategy in the right moment is important for maximizing the amount of revenue earned on the Airbnb platform. At the same time, the

Airbnb Pricing Strategies: Ultimate Guide for Revenue ManagementMartijn Barten2025-02-28T11:47:23+01:00

Are You Forecasting Right? Tips to Optimize Your Hotel Revenue

Revfine.com2025-02-07T11:47:57+01:00

Running a hotel without forecasting is like driving without a map—you might eventually get there, but not without many unnecessary detours. Forecasting isn’t just for big hotel chains—the independent properties stand to gain the most from a clear picture of what’s ahead. Let’s explore how forecasting can help you to stay one step ahead and turn insights into revenue. What

Are You Forecasting Right? Tips to Optimize Your Hotel RevenueRevfine.com2025-02-07T11:47:57+01:00

Hotel Budget: Effective Budgeting Tips for Hoteliers

Martijn Barten2025-02-07T11:48:50+01:00

Establishing a hotel budget involves estimating revenue and expenditure over a defined period and establishing rules about how much money is available based on various factors, including changes in customer demand. In this article, you can access some effective budgeting tips for your hotel. Table of Contents: What Is the Hotel Industry? What Is Hotel Revenue Management? Why Is it

Hotel Budget: Effective Budgeting Tips for HoteliersMartijn Barten2025-02-07T11:48:50+01:00

Restaurant Revenue Management Strategies for Successful Managers

Martijn Barten2025-02-25T09:29:11+01:00

Getting your restaurant revenue management strategy right can be critical for your business's success. In this article, you'll learn everything you need to know about revenue management: what it is, what it can do for your business, and how to craft and implement the perfect strategy. You'll also discover key tactics and ways to apply them to your restaurant. Table

Restaurant Revenue Management Strategies for Successful ManagersMartijn Barten2025-02-25T09:29:11+01:00

Hotel Revenue Management

Optimizing revenue and growing your business

Revenue Management