Handy Revenue Tips

Embracing the Trend of “More Than Just a Room” in Hospitality

In the rapidly evolving hospitality industry, staying up-to-date with the latest trends is vital to ensure a steady flow of reservations. One prominent trend is the growing desire among guests for experiences that go beyond simply staying in a hotel room. This article explores the concept of “More than just a Room” and how hotels […]

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Total Revenue Generation – Maximise Your Segmentation to Maximise Your Business

Within the hotel industry the topic of discussion has always been how do we maximize our room revenue each month as this also heavily impacts the total revenue your hotel is able to generate. We are now nearly halfway through 2023 and the demand for hotels has settled back to what it was before 2020.

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

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

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

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

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

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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