Unlocking Insights and Revenue Potential with Room-Type Analytics
In a hotel, understanding the dynamics of room types and leveraging this understanding can significantly impact revenue, profit, and guest satisfaction. Room-type analytics is a vital component of any hospitality Business Intelligence platform and offers hotels a deeper insight into their inventory’s performance. Data-driven decisions based on Room-Type Analytics enhance profitability and guest experience. This article dives into Room-Type Analytics, its benefits, implementation strategies, and how hotels can leverage this tool for success. What is Room-Type Analytics? Room-type analytics is the process of collecting, analyzing, and interpreting data specific to different room categories within a hotel. Relevant analytics can include
Hotel Investments: How To Become a Successful Hotel Investor
Hotel investments can provide an exciting opportunity for first-time property investors to buy into a great industry with excellent earning potential or for established property investors to diversify their portfolios and capitalize on all the service industry offers. In this article, you can learn about hotel investments, their various forms, advantages, and the best approaches to ensure long-term success with minimal risk. Table of Contents: What is the Hotel Industry? What Are Hotel Investments? Why
Role of a Revenue Manager is Shifting Thanks to Automation
Like much of our world today, the hospitality industry is constantly changing and evolving beyond what revenue managers and leaders of the past could have imagined. During unprecedented change, automation and new technology have become essential to successfully navigating the post-COVID hospitality landscape. Revenue Managers Becoming Strategists But with any change, comes reservation and distrust. As the industry continues to automate, some hoteliers worry that automated systems may not be able to respond to change
Airbnb Host Login: How to Get More Bookings on Airbnb
Your Airbnb host login will allow you to manage your property listing on the Airbnb platform, provide information about availability, set pricing, and manage reviews to maximize interest. In this article, you will learn much more about how your account can be used to generate bookings through the platform. Table
Caterer: Instructions to Find the Finest Hospitality Staff or Jobs
The UK-based Caterer online platform is one of the fastest-growing hospitality job platforms. It is ideal for employers and candidates operating in this part of the world or looking to do so in the near future. In this article, you will learn much more about how to get the most
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