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Identifying Ancillary Revenues and Driving Additional Revenues

Revenue Hub

When thinking of ways to increase revenues, most revenue managers focus on the room and look for ways to increase revenues by offering early check-in, late check-out, upgrades to suites and other room types, as well as generating no-show revenue. NB: This is an article from RealTime Reservation.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

This article discusses how you can write an impactful business plan for your cafe in the UK. . The analysis must include: Market segment catered to by the competitors. Then, you can calculate the estimated revenue potential by multiplying the expected footfall with the expected sales per customer is likely to generate.

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How to start a hotel management company

Les Roches

How to start a hotel management company 24th June, 2024 In this article The hospitality industry is a dynamic and thriving sector that presents plenty of opportunities for aspiring entrepreneurs. In this article, we will explore the essential steps of how to start a hotel management company from the ground up.

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Everything you need to know about resort development

Les Roches

Everything you need to know about resort development 5th July, 2024 In this article A key growth driver in global tourism, resort development substantially contributes to job creation, revenue generation and regional advancement. Forecasts indicate a positive annual growth rate of 4.7%

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How to Start a Hotel Business

Xotels Hotel Revenue Management

In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. We cover this further in our Hotel Trends article diving deeper into personalization in hospitality. Covering this will be the revenue projections for the next five years.