Revenue Management Podcasts; Top 10 Podcasts for Hotel Managers
Revenue management podcasts can be a goldmine of information. They're increasingly popular with professionals across various industries, especially the hotel industry. Podcasts on revenue management topics are the ideal way to stay informed about the latest developments and discover new strategies. In this article, you'll discover some of the best podcasts. Table of Contents: What Is the Hotel Industry? What Is a Revenue Management Podcast? Why Is It Beneficial to Follow Hotel Revenue Management Podcasts?
5 Ways Big Data Can Help Those in the Hospitality Industry
Hotels and other hospitality companies are increasingly grasping the concept of big data and the numerous ways it can help them generate more revenue and deliver a better customer experience. In this article, you will learn more about big data, why it has become so important, and how it can be leveraged to benefit hotels, resorts, and other hospitality companies. What Is Big Data? Big data is the phrase used to describe the extremely large
How To Run A Hotel Business Successfully: Tips & Strategies for Success
To run a hotel business successfully, you need to consider various factors, conduct effective research, and make detailed plans. In this article, you'll discover the most crucial steps, from creating a business plan to staffing and operating your hotel. You'll find out what strategies make a hotel successful and how you can put them to work for your business. Table of Contents: What Is the Hotel Industry? What Does It Mean to Be an Owner
Best Hotel Reservation Sites for Hoteliers to Receive Bookings
The best hotel reservation sites serve as intermediaries between travelers and hotels. These platforms include online travel agencies and metasearch engines, which can be used by travelers to search for and book accommodation Online reservation platforms are important because they make it easier to attract guests and fill vacancies. A growing number of people book hotels online after using these websites to compare prices and facilities. In this article, you will learn about hotel reservation
Best Practices for Managing Length of Stay Restrictions in Hotels
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 - CEO, Topline Diego Fernández Pérez De Ponga - Director of Revenue Management, Palladium Hotel Group Heiko Rieder - Senior Vice President Commercial & Distribution, Step Partners Europe Niko Krauseneck - Founder, RevenueRebel Massimiliano Terzulli - Revenue Management Consultant, Franco
Hotel Departments: Learn About All the 7 Sections of a Hotel
Hotel departments are the different sections that make up a hotel or resort business. A hotel is a complex system, requiring several departments to function and work together to create a cohesive whole. In this article, you'll learn all about the different departments required to run a hotel, from the front desk to accounts and credits. Table of Contents: What Is the Hotel Industry? What Are Successful Hotel Operations? What Are the Different Hotel Departments?
Hotel Facilities: Everything You Should Know About Facilities in Hotels
The right hotel facilities can make or break a business. Hotel trends may change, but there are some essential facilities that each hotel must offer its guests. Well-chosen and well-managed hotel facilities are vital to your revenue and your hotel's reputation. In this article, you'll learn about the facilities and their essentiality to your operation. Table of Contents: What Is the Hotel Industry? What Are Hotel Facilities? What Is the Difference Between Hotel Facilities and
How Does Your 2021 Hotel Performance Affect Your 2022 Forecast?
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
Metaverse and the Hospitality Industry; The No. 1 Information Guide!
The idea of the metaverse - a network of digital spaces where social interactions can occur, facilitated by virtual and augmented reality - has gained traction as technology has improved. However, the social aspect of the metaverse is not the only aspect to focus on, and there are several exciting
What are the Top Hotel Benchmarking Tips and Strategies for 2022?
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)