Hotel Revenue Management

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 But too many revenue managers still rely on outdated revenue strategies, legacy metrics and clunky technology that hold them back.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

Successful Restaurant Revenue Management Strategies in 2026

Martijn Barten2025-10-31T16:23:03+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

Successful Restaurant Revenue Management Strategies in 2026Martijn Barten2025-10-31T16:23:03+01:00

The Metrics Every General Manager Should Track

Revfine.com2025-01-27T14:46:50+01:00

Starbucks used to track average transaction value as their flagship metric for success. If the number went up, it meant customers were spending more and business was good. Except, they knew it wasn’t that simple, and they were missing out on key insights into spending habits, loyalty, and long-term value. Tracking Metrics That Drive Success in Hospitality They embraced new

The Metrics Every General Manager Should TrackRevfine.com2025-01-27T14:46:50+01:00

Boosting Occupancy: 7 Options for Hoteliers

Revfine.com2024-12-30T13:27:56+01:00

"Heads in beds." While occupancy is not the only thing influencing the revenue success of a hotel, it's hard to say you're maximizing revenue if your occupancy levels are low. 7 Ways to Effectively Boost the Occupancy Today, guests typically have a wealth of options for determining precisely in which beds their heads will be resting. Hotel room supply is

Boosting Occupancy: 7 Options for HoteliersRevfine.com2024-12-30T13:27:56+01:00

Overbooking Done Right: How to Fill Rooms Without Upsetting Guests

Revfine.com2024-12-30T13:28:06+01:00

Imagine you're at the front desk, midway through a busy day, when you suddenly realize you’re overbooked. Guests are still pouring in, but you know—awkward conversations and unhappy faces await you. But overbooking doesn’t have to be chaotic. When done strategically, it can increase occupancy and revenue. This article will show you how to master overbooking and turn a stressful

Overbooking Done Right: How to Fill Rooms Without Upsetting GuestsRevfine.com2024-12-30T13:28:06+01:00

The On-Site or Remote Work Debate in Hotel Revenue Management

Suzanne2024-12-10T11:51:56+01:00

Question for Our Revenue Management Expert Panel: As there has been a significant increase in hybrid and remote working over the last few years, should the role of revenue manager be on-site or remote? And why? (Question by Oleksii Kapichin) Our Revenue Management Expert Panel Tamie Matthews - Sales & Marketing Consultant, RevenYou

The On-Site or Remote Work Debate in Hotel Revenue ManagementSuzanne2024-12-10T11:51:56+01:00

Debunking Common Misconceptions about Revenue Management Systems

Revfine.com2024-12-02T11:08:34+01:00

Revenue Management Systems (RMS) have become an essential tool for hoteliers aiming to optimize revenue and maintain a competitive edge. Yet, misconceptions and objections often deter some from adopting these systems. In this article, we’ll explore the most common objections and explain why they are often rooted in misunderstanding, shedding light on how RMS can transform revenue management in the

Debunking Common Misconceptions about Revenue Management SystemsRevfine.com2024-12-02T11:08:34+01:00

How an RMS Sets You Up for Success in Low Season

Revfine.com2024-12-02T11:13:33+01:00

For seasonal properties, the low season isn’t just downtime—it’s the perfect opportunity to prepare for future success. Implementing a Revenue Management Solution (RMS) during this period allows you to maximize revenue and hit the ground running when guests start booking again. Here’s how. What Is an RMS and Why Does It Matter? A Revenue Management System is your go-to partner

How an RMS Sets You Up for Success in Low SeasonRevfine.com2024-12-02T11:13:33+01:00

Hotel Revenue Management

Optimizing revenue and growing your business

Revenue Management