News2020-01-29T13:02:29+01:00




23 Revenue Management Strategies to Grow Your Hotel Business

For hotel owners looking to grow their business, a robust revenue management strategy is of the utmost importance, helping to optimize business results. However, under the broader revenue management umbrella, many smaller strategies can help to facilitate growth. In this article, you'll find 23 revenue management strategies that hotel industry employees can employ to achieve this ultimate objective. Table of Contents What Is Revenue Management? 23 Revenue Management Strategies 1. Analyze the Market 2. Pricing

What Is Hotel Revenue Management?

For those operating in the hotel industry, revenue management is a key concept, as it enables hotel owners to predict levels of demand and optimize things like distribution and pricing in order to maximize financial results. In this article, you will learn more about hotel revenue management, why it is so valuable to hotel owners, and the necessary conditions for implementing a hotel revenue management strategy. Table of Contents: What is Hotel Revenue Management? Necessary

Travel Trends: 26 Opportunities for the Travel Industry in 2025

Travel trends are the various behaviors, preferences, strategies, and technologies that shape the travel industry. These trends can be the result of innovations, lifestyle factors, and local or global events. For businesses operating in the travel industry, it's essential to stay up-to-date with the latest travel trends, because this assists with efforts to either meet or exceed customer expectations. Additionally, adopting new trends can provide a vital competitive edge. In this article, you'll learn about

A Canadian Rail Adventure Guide from Toronto to Vancouver

The romance of crossing Canada by train is undeniable. Swapping cramped flights for panoramic views and a gentle rail rhythm is a dream for many. But that dream often brings practical questions: How do you pack for four days on board? What about luggage access? How do you manage time in Toronto and Vancouver? Without the right prep, it can feel overwhelming. This guide is your solution. Here, you’ll find practical tips to make your Toronto-to-Vancouver rail journey smooth, comfortable, and unforgettable from start to finish. Mastering Your Luggage for a Multi-Day Train Trip Your approach to luggage can make

A Strategic Guide to Choosing the Perfect Celebration Venue in Any City

The success of any celebration, from an intimate birthday dinner to a large-scale wedding reception, hinges on the choice of venue. The right space sets the mood, accommodates your guests comfortably, and brings your vision to life. But when you're faced with a world of options, especially in a city you're unfamiliar with, how do you make the right choice? This guide provides a clear framework for selecting the ideal venue, no matter where your

High Quality Tea Used by Luxury Hotels

Tea in luxury hotels feels special. It is an experience, crafted with the same precision as fine dining or wine service. Every detail, from leaf grade to water chemistry, is calculated to deliver clarity, balance, and depth. At home, most people settle for dusty bags and guesswork, missing what makes tea truly exceptional. The good news is, you don’t need a hotel to enjoy hotel-quality tea. This guide shows you what to look for and

How to Segment Your Guests: 5 Basic Tips to Boost Conversions

Understanding your guests is key to standing out as a hotel. But with diverse demographics and travel styles, a one-size-fits-all approach simply won't cut it. This is where guest segmentation comes in, a powerful strategy that allows you to personalize your offerings and communication to resonate with each guest on

What Does EBITDA Stand for?

Earnings before interest, taxes, depreciation, amortization, or EBITDA for short, is a KPI becoming increasingly prevalent in hotel management. Sometimes referred to as operating cash flow, the metric can be used to determine the operational profitability of a business, taking into account only its key daily running costs. In this

Revenue Management Trends: Latest Developments of 2025

A significant part of getting the most out of a hotel revenue management strategy involves keeping up with the latest revenue management trends and implementing associated strategies while investing in relevant technology. In this article, you can learn all about the latest revenue management developments in 2025 to stay ahead

Go to Top