Hotel Revenue Management

In today’s fast-paced and highly competitive hospitality industry, efficient revenue management is the backbone of profitability. Yet, not every business has the resources, time, or in-house expertise to stay ahead…

Revenue Management Systems (RMS) have become an essential tool for hoteliers aiming to optimize revenue and maintain a competitive edge. Yet, misconceptions and objections often deter some from adopting these…

The hospitality industry continues a transformative shift in 2025. Gone are the days when a robust digital presence and competitive pricing alone could ensure success. Today’s guests seek more than…

Hotel Market Segmentation Guide- Key to Your Hotel’s Growth Table of Contents

By mastering the hotel P&L statement, commercial teams can gain valuable insights into costs, profit margins, and financial trends. This knowledge helps them make data-driven decisions to boost revenue and…

Share this What is a hotel franchise? A hotel franchise is a business model where an independent hotel owner operates under the brand and management system of an established hotel…

Hospitality experts discuss the pros and cons of Expedia’s Last-Minute Deals for hotels. While the program can help fill unsold inventory, many argue it undermines direct booking channels, erodes rate…

As the hospitality industry evolves, attracting MICE customers (Meetings, Incentives, Conferences, and Exhibitions) becomes increasingly vital for hotels seeking sustainable growth. These clients offer significant revenue potential and can drive…

In the bustling restaurant industry, it’s no longer just about how great your food is. As a restaurant manager, you need to stay on top of rapidly evolving restaurant technology…