Harnessing Hotel Business Intelligence: 5 Key Questions Your Data Should Answer
Embracing data-driven decision-making is vital for hotels looking to thrive in today's competitive environment. From identifying top revenue-generating channels to tracking total revenue per available room (TrevPAR) and managing costs, having access to interconnected data allows hoteliers to make quick, informed decisions that can boost operational efficiency, elevate the guest experience, and drive revenue growth. Unlocking Hotel Success with Data-Driven Business Intelligence Hotel business intelligence (BI) is key in this data-centric approach. By collecting and analyzing data from different sources, including your property management system (PMS), revenue management system (RMS), channel manager, payment gateway, and more, you can have a
Differing Revenue Management Strategies for New Vs Established Hotels
Question for Our Revenue Management Expert Panel: What are the recommended revenue management strategies for new hotels / resorts? How do they differ to those used by established properties? Our Revenue Management Expert Panel Dr. Betsy Stringam-Bender - Professor of Hotels & Resorts, New Mexico State University Ricardo Sereno - Revenue Manager, Altis Hotels Dermot Herlihy - Owner, Dynamic Hospitality Consulting Pablo Torres - Director Of Sales Marketing,
6 Ways Your Hotel Might be Missing Revenue Opportunities
You'll probably agree that seizing revenue opportunities is more important now than ever - especially with costs increasing in every area of hotel operations and demand only recovering. Otherwise, your property's profitability could take a severe hit, and its long-term business success may be at risk. Luckily, there are many things you can do to capitalize on demand and get your hotel through these times successfully. 6 Ways Your Hotel Might be Missing Revenue Opportunities
Space Hotel: How to Book a Hotel in Space?
Space tourism is already a reality, and we could soon live in a world where regular commercial space travel exists too. Alongside this, one of the most intriguing possibilities is that you may have the chance to stay overnight in a space hotel. In this article, we take a look
Space Flight: How to Book a Ticket into Space
When most people think about tourism and commercial travel, they imagine trips to other parts of our planet. However, we live in an era where commercial space flight is becoming a realistic prospect. In this article, we will explain more about space tourism and offer information on how you can
Hospitality Careers: Overview of All Hospitality Positions
Hospitality careers can be ideal for people with a wide range of different skills, qualifications, and experiences, and there will often be excellent scope to move up the career ladder. However, having a rounded understanding of the industry is important, and this post will provide you with an overview of