Revenue Hub

OCTOBER 23, 2023

NB: This is an article from SiteMinder , one of our Expert Partners RevPAM is a metric that takes the entire space of the property into the equation, as opposed to simply looking at RevPAR or TrevPAR. Read the full article at SiteMinder The post What is RevPAM? Definition and Formula for Hotels appeared first on Revenue Hub.

Definition 108

Definition Events Article Blog 108

Revenue Hub

APRIL 23, 2025

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date Where, exactly, is that line between premium pricing and perceived poor value? Read the full article at Demand Calendar The post Decode the Relationship Between Hotel Rates and Guest Reviews appeared first on Revenue Hub.

Pricing 108

Pricing Guest Satisfaction Article Definition 108

Revenue Hub

NOVEMBER 14, 2024

If you ask 10 hoteliers what revenue management is, you will probably get 10 different definitions. NB: This is an article from RoomPriceGenie , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Here we make things easy for you. Some may be so complex they make your head spin.

Pricing 109

Pricing Scheduling Book Article 109

Revenue Hub

MARCH 7, 2023

NB: This is an article from BEONx , one of our Expert Partners It reflects the overall financial health of a hotel and determines how like it is to succeed in the long term. Total revenue definition Let’s start by looking at a basic total revenue definition. How do you calculate total revenue?

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Definition Accounting Concierge Article 95

Revenue Hub

MARCH 21, 2025

NB: This is an article from Revenue Generation Subscribe to our weekly newsletter and stay up to date However, for all of the times Ive encountered the term AI in passing, mentions of Citizen Data Science pale in comparison. Citizen Data Science Defined So what is Citizen Data Science, or similarly, a Citizen Data Scientist?

Article 101

Article Definition Training Information 101

Revenue Hub

DECEMBER 5, 2024

Any law that aims to cover a vast, multi faceted and complex issue, like the digital markets, with a blanket approach will, by definition, face many challenges. Read the full article at mirai The post Why The Digital Markets Act Interpretation is Causing Issues appeared first on Revenue Hub. This is not always the case.

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Marketing Procurement Article Definition 109

Revenue Hub

NOVEMBER 7, 2024

Read more articles from Right Revenue The post How To Increase Your ADR – Part 3 (Take A Walk) appeared first on Revenue Hub. If you missed it, you can read it here.

Pricing 109

Pricing Blog Article Training 109

Revenue Hub

NOVEMBER 7, 2022

NB: This is an article from Beonprice , one of our Expert Partners. Read more articles from Beonprice. The post Hotel Demand Based Pricing: Definition, Benefits and Practical Examples appeared first on Revenue Hub. One of the most important elements of an effective revenue management strategy is offering the right prices.

Definition 97

Definition Pricing Article Marketing 97

Revenue Hub

APRIL 24, 2025

NB: This is an article from Bookboost , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Hoteliers today face different challenges, and one of them is low guest loyalty. Read more articles from Bookboost The post Guest Loyalty: 5 Reasons Your Hotel Guests Are Not Returning appeared first on Revenue Hub.

Book 75

Book Communication Definition Information 75

Modern Restaurant Management

APRIL 13, 2021

Definition of Sexual Harassment in the Workplace. Your policy must include a clear definition of sexual harassment. This article is not a template. This article is not intended to give legal opinions or provide any kind of legal counsel. Real, tactical plans are the key to addressing and curbing harassment.

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Definition Document Article Training 180

Larry Mogelonsky

MARCH 17, 2025

While much has been rightfully said about use cases like machine learning (ML) impacting personalized guest offers or microsegmentation and generative AI (genAI) helping with contextual marketing or summarization for staff, for this focused article lets shift gears from the rooms division into the spa and wellness facilities.

Travel and Tourism 130

Travel and Tourism Information Book Facility Management 130

Revenue Hub

MARCH 17, 2025

Keep in mind as you read the definitions, that the two strategies arent necessarily diametrically opposed. NB: This is an article from Lighthouse Subscribe to our weekly newsletter and stay up to date Hoteliers can sometimes utilize a combination of the two strategies, but each has its own set of benefits and drawbacks.

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Pricing Book Article Definition 78

Revenue Hub

NOVEMBER 16, 2023

NB: This is an article from Revinate Yes, there’s another kind of data you need to be aware of — and not just so that you can sound smart at the next hospitality conference, but so that you can bring in impressive business results for your hotel. Though hopefully, after reading this article, you’ll be ready for both).

Definition 109

Definition Article Information Marketing 109

Modern Restaurant Management

JANUARY 22, 2025

This article will explain how renovating a restaurant using 3D design technology saves time and money and delivers a better final result How 3D Modeling Simplifies Restaurant Renovation Planning Traditional methods do little to help one have an efficient and effective restaurant remodeling.

Budgeting 88

Budgeting Maintenance Definition Article 88

Revenue Hub

JUNE 12, 2024

NB: This is an article from SiteMinder , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date Yet, it’s important to consider that the demands of revenue management have drastically changed. I define revenue management as a way for accommodation properties to earn more,” says De Ponga.

Definition 104

Definition Article Pricing Marketing 104

Modern Restaurant Management

JUNE 27, 2022

They may have discovered you from an Eater article, booked their reservation through OpenTable, or located you via Google Maps, and they will surely review their experience on Yelp — whether positive or negative — when their meal is complete. Restaurant customers do everything from their phones. Try an Online Form Builder.

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Article Definition Customer Service Budgeting 203

Revenue Hub

JANUARY 24, 2024

This article takes a deep dive into the nuances of acquisition costs in the realm of hotel marketing , offering insights tailored for hotels, particularly those in the real estate sector, to refine their strategies for enhanced financial performance. These alliances can offer access to new customer segments at reduced acquisition costs.

Marketing 109

Marketing Article Definition Events 109

Revenue Hub

FEBRUARY 14, 2024

I have always been a huge fan of articles written by Alan Young, CEO of Puzzle Partner, but I was super happy to read his most recent article entitled Has the ‘New’ Service Culture Become the ‘No’ Service Culture? In this publication. We need to go back to the basics, to the very root of why we all got into this business.

Training 108

Training POS Systems Guest Services Article 108

Revenue Hub

MAY 15, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date It encompasses a range of activities, including revenue management, performance analysis, and forecasting and budgeting, each playing a crucial role in optimizing financial outcomes.

Budgeting 103

Budgeting Pricing Definition Article 103

Synergy Suite

JUNE 20, 2023

In this article, we’ll go more in-depth about what a restaurant management software is, and the features and benefits you should be looking for. Definition and Benefits appeared first on SynergySuite. What is Restaurant Management Software?

Definition 52

Definition POS Systems Scheduling Reservations 52

Revenue Hub

OCTOBER 23, 2023

NB: This is an article from Demand Calendar While KPIs like RGI, ARI, and MPI might seem like the jargon of a revenue manager, they are, in fact, the pulse-checkers, revealing whether a hotel truly offers an exceptional guest experience. The distinction between a good hotel and a great one often hinges on the nuances of guest experience.

Definition 109

Definition Article Marketing Pricing 109

EHL Insights

AUGUST 11, 2022

This article aims to give a definition: "what is the food service industry" and an overview into what’s at stake in F&B as we move into a new decade full of uncertainties. Never before has the sector known such rapid change in consumer behavior as now in times of digitalization, social media and growing ecological awareness.

Definition 98

Definition Article Blog 98

Synergy Suite

SEPTEMBER 25, 2024

This article is the definitive guide to crafting a comprehensive kitchen closing checklist. The post The Definitive Guide to Crafting a Kitchen Closing Checklist appeared first on SynergySuite. It encompasses everything from cleaning protocols to equipment maintenance and inventory management.

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Definition Maintenance Accounting Sanitation 52

Synergy Suite

MAY 16, 2023

In this article we’ll cover the ins and outs of inventory management software : what it is, what the benefits are, and how to choose the right one for your restaurant business. What is inventory Management Software? What is PAR level?

Definition 52

Definition POS Systems Vendor Management Scheduling 52

Revenue Hub

OCTOBER 6, 2023

NB: This is an article from Kennedy Training Network Subscribe to our weekly newsletter and stay up to date Understanding the difference, and being able to convey this to frontline staff, are essential for taking both to the next level at your hotel, company or resort.

Guest Services 109

Guest Services Definition Communication Training 109

Modern Restaurant Management

OCTOBER 31, 2019

If you are reading this article you are one of the brave. More content at a person’s fingertips can definitely drive sales and drive interest. Last but definitely not least, make sure your info is structured so Google knows what is what. Strong enough to take the risk and I commend you!, Responsiveness and Mobility.

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Definition Reservations Blog Article 127

Revenue Hub

MARCH 27, 2023

NB: This is an article from Demand Calendar The reason is tradition because historically, hotels focused on monthly reports and did not have forecasting processes due to difficulties in obtaining accurate data. If the decision-maker cannot make timely decisions, the opportunity will be lost, impacting revenue and profits.

Definition 97

Definition Article Information Accounting 97

Revenue Hub

SEPTEMBER 12, 2024

NB: This is an article from HiJiffy , one of our Expert Partners Subscribe to our weekly newsletter and stay up to date This new two-way integration enables hotels to manage and respond to guest inquiries from Booking.com directly within HiJiffy’s Console. We’re really excited. Soon, HiJiffy intends to add other OTAs to its solution.

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Communication Reservations Article Definition 105

Revenue Hub

APRIL 26, 2024

NB: This is an article from Travelboom Subscribe to our weekly newsletter and stay up to date With the loss of access to the Universal Analytics interface and API approaching, hoteliers should have already made the switch to GA4. Definitely. appeared first on Revenue Hub.

Accounting 109

Accounting Book Article Definition 109

Revenue Hub

OCTOBER 25, 2022

NB: This is an article from WebRezPro. Your frontline staff will be the ones dealing with the increased volume, so they definitely need to know what’s happening. Read rest of the article from WebRezPro. There are alternative items and experiences they can purchase, i.e., a stay at your hotel.

Book 98

Book Housekeeping Article Definition 98

Hospitality Net

JULY 23, 2023

Wellness has tremendous potential for hotels, as is being made abundantly clear from the litany of articles on the matter in recent months. Part of that potential stems from the all-embracing, or rather ambiguous, definition of the word.

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Definition Article 75

Revenue Hub

JANUARY 26, 2023

NB: This is an article from Catala Consulting Variable costs are those expenses that change with the number of occupied rooms. In this article, we will discuss what variable costs are, how they are calculated, and how they can be managed to increase profitability.

Housekeeping 97

Housekeeping Budgeting Article Maintenance 97

Revenue Hub

JANUARY 9, 2024

NB: This is an article from berner+becker , one of our Expert Partners Revenue management has always been a critical aspect of the hospitality and travel industry, it involves optimizing pricing and distribution strategies to maximize revenue, considering various factors such as demand, competition, and customer preferences.

Pricing 109

Pricing Article Definition Catering 109

Revenue Hub

JANUARY 26, 2023

NB: This is an article from Knowland Whether your hotel’s occupancy is sufficient or struggling, rethinking your comp set can unlock opportunities to book more and better business. In this article, we’ll teach you how to look beyond your STR report and accumulate hotel data from competitors across the country.

Article 98

Article Definition Pricing Book 98

Revenue Hub

OCTOBER 11, 2024

NB: This is an article from D-Edge Subscribe to our weekly newsletter and stay up to date To better understand the opportunities hotels are missing, we conducted an analysis of booking data from independent hotels and small to medium-sized hotel groups across Europe and Asia Pacific. How important is it to list on the GDS?

Book 109

Book Article Definition Reservations 109

Revenue Hub

MAY 7, 2024

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date Additionally, it helps identify areas where market behaviors might deviate significantly from this ideal. Read the full article at Demand Calendar The post Dynamic Pricing Dilemma: How Close Are Hotels to Perfect Competition?

Pricing 109

Pricing Article Marketing Definition 109

SiteMinder

OCTOBER 15, 2023

Be aware of the pitfalls – Some of the risks we mentioned in this article can have detrimental effects if not managed properly. Monitor trends constantly – By monitoring market trends and competitors all the time, you won’t be caught napping and will always be in a position to boost occupancy, ADR , and RevPAR.

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Pricing Definition Book Marketing 59