9 Forecasting Tips to Improve Your Revenue Management Strategy
Forecasting is an important part of any revenue management strategy because it allows hotel managers to make vital pricing, promotion, and distribution decisions based on anticipated demand and performance. In this article, we look at useful forecasting tips to help you improve your revenue management strategy. Table of Contents: What Is Revenue Management? Forecasting Explained The Importance of Forecasting Tips to Improve Your Forecasting 1. Keep Accurate Records 2. Make Use of Historical Data 3. Refer to Data in the Books 4. Consider Events and Holidays 5. Keep an Eye On Your Competitors 6. Pay Attention to Market Trends 7.
5-Star Hotel: Overview and Features of Five-Star Hotels
A 5-star hotel is an establishment tailored to very discerning guests. To obtain a five-star designation, a hotel must offer lavish accommodations and many different amenities -- gyms, spas, gourmet restaurants, and more. Five-star hotels also provide a very high standard of service, personalized to each guest's specific needs. In this article, you'll learn what makes a five-star hotel. Table of Contents: What Is the Hotel Industry? International Standardization in Hotel Star Rating Systems What
5 Creative, Free & Reliable Ways to Drive More Traffic to Your Site
Do you feel like your hotel is on the precipice of success or simply missing that je ne sais quois, so you're looking for some nifty and smart ways to capitalise on your hotel's online presence? Then look no further; this article outlines ideas that are easy to implement, involve no costs, and have a proven track record in the hotel industry. Make Your Online Presence as Captive as Possible Increasing the amount of online
Tourism Jobs: The Best Tourism Industry Job Boards for Your Career
Tourism jobs can be varied, challenging, and rewarding, and provide excellent long-term prospects, so they are highly sought after. However, finding the best jobs can involve using job boards that specialize in this area. Read on to learn about the best websites to find a tourism job. Table of Contents:
Tourism Careers: Tips to Find a Job in the Tourism Industry
There is a wide range of different tourism careers to consider, with individual positions ranging from entry-level jobs, to senior management roles. However, it is also a competitive industry, so it is worth taking as many steps as you can to improve your prospects. In this article, you will find
Tourism Manager Job Description & Tips to Boost Your Career
Before entering into a job as a tourism manager, it is important to understand the role, the main responsibilities, and the types of employers who hire tourism managers. In this post, you will find all of this information and access important tips that can help you boost your career. Table