3 Proven Steps to Increase Your Hotel’s Revenue

When the numbers are added up, it looks like the entire hotel industry had an amazing 2016. But that’s a global total, not necessarily your hotel's reality. In fact, global profits and a local hotel’s situation can be light years apart, leaving certain hoteliers feeling they’re not making enough money managing their hotel. That’s because [...]

By |2019-05-23T17:54:38-07:00January 9th, 2017|Rate Management|

‘Tis the Season, Rate Season! A simplified look at Rate Season for Hotels.

It’s the most wonderful time of the year. Yes, the holiday season, but more exciting is that hoteliers everywhere are planning for next year. After what’s expected to be a record breaking year, according to STR, in the hotel business, hoteliers are hopeful next year will be powerfully profitable too. Lance Jones, Sales Engineer Business [...]

By |2019-02-11T19:46:54-07:00December 19th, 2016|Rate Management|

5 Critical Technology Trends You Need To Know About Now

The hotel industry is in the midst of a technology revolution. And it’s changing everything we know about how we run hotels and service guests. Though it’s a future fraught with challenges, it’s also one chockablock of opportunity. It’s simply a matter of understanding the trends and preparing how to take advantage of them as [...]

By |2023-01-03T20:22:44-07:00October 20th, 2016|Hospitality Industry Trends, Rate Management|

Still setting rates manually? Find out how much you could save by kicking it into autopilot

The days of continually setting rates manually are over. Both costly and time consuming, setting rates by hand is not only outdated, but prone to human error. Imagine the savings you can create by eliminating all those people hours changing rates up and down across myriad channels. Plus, automatic rate setting helps to ensure you’re [...]

By |2019-02-13T16:37:48-07:00August 29th, 2016|Revenue Management, Rate Management|

Improve your Hotel’s Revenue with a Best Available Rate Strategy

Before meaningful hospitality software, property owners would rarely reset rates. The common approach of set it and forget was dominant. That meant a guestroom was generally priced the same for an extended period of time, such as the entire season or year, with little consideration given to demand trends. For most of the history of [...]

By |2024-04-24T14:25:27-07:00August 3rd, 2016|Revenue Management, Rate Management|
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