Handy Revenue Tips

TOP 5 TACTICS TO POSITIVELY INFLUENCE YOUR HOTEL’S COVID19 RECOVERY

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It’s challenging to manage any business in the unknown, and without a doubt, the last six to twelve months have been a very anxious and troubling period for the travel, tourism, and hospitality industry at large. When countries around the world start to progressively loosen lockdown and travel restrictions, the hospitality sector will start to cautiously reopen …

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How To Survive Post Lockdown – A Guide Focused on the small & medium accommodation Sector

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With travel just opening and International Travel still very much restrained, one sector of the accommodation industry that is feeling the strain are the Boutique Hotels, Guest Houses and B&Bs.  With months of lockdown and zero revenues, these mostly privately owned and funded businesses, find themselves cash strapped. Not only has lockdown drained any available …

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Lessons learned from the 2008 recession more valid now than ever

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Is it possible, that if we viewed Covid-19 as a forced recession and applied the lessons learned from the 2008 recession, that we just might be able to save the ship? When realistically looking at the Covid-19 situation and the aftermath, are we really facing a massive unanticipated recession? Could the lessons learned from the …

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Effective Operational Management as key to survive post-Covid19

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With the accommodation segment starting to open its doors, effective operational management is starting to show its muscle in conjunction with revenue management – or at least it should be! It’s a fact that the accommodation industry makes money differently to just about any other sector in the economy. The traditional trend in other industries …

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TrevPAR World Launches Real World Revenue Management – online

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Nowhere in the world currently, is the rise of Revenue Management more evident than in Africa! From the multi-billion dollar hotel chains to the influx of thousands of independently run hotels, lodges, management companies, as well as asset management companies, whom are all redefining traditional Revenue Management within the international community. At the same time, …

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What can I do now in preparation for the “new normal”

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As we enter the month of May it appears that it will be another month of closures for the majority of hotels, guest houses, bed & breakfasts as well as other tourism driven businesses, after some great feedback on our previous article Some Realizations – from the desk of a revenue specialist we have been receiving feedback …

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Revenue Resources < Revenue Redistribution

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Ironic title, considering distribution is at the core of Revenue Management itself. I want to make it very clear that this is by no means written to try and eliminate jobs for industry professionals or displace any form of positions within the industry that are doing a fantastic job in their roles. To those, I …

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Some Realizations – from the desk of a revenue specialist

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I have been working in the hospitality industry for 17 years now and I have been directly involved in sales, marketing and revenue/commercial management for the last 10 of these years and never have I or will I see something like COVID-19 again, this global pandemic has brought the world to its knees and more …

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