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Revenue Management from the Hotel Manager Perspective

Revenue Hub

The role of a Hotel Manager (or General Manager) is multifaceted, requiring a blend of leadership, operational expertise and the ability to develop and oversee the execution of strategic business goals. Read the full article at RoomPriceGenie The post Revenue Management from the Hotel Manager Perspective appeared first on Revenue Hub.

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Broadening Scope: Why Hotels Must Rethink Revenue Management

Revenue Hub

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date While necessary and partly automated by a revenue management system, this operational focus consumes considerable time, leaving little room for strategic planning and innovation.

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Mastering The Art of Resort Revenue Management

Revenue Hub

NB: This is an article from Catala Consulting This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. These forecasts are instrumental in strategic planning, enabling resorts to manage their resources effectively and maintain a consistent revenue stream all year round.

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The Ultimate Guide to Hotel SMS Marketing

Revenue Hub

In today’s world, instant digital connectivity is the norm and SMS text marketing has risen to prominence as a key strategy in the hotel industry, pivotal for boosting guest engagement and satisfaction. Real-Time Feedback and Interaction: SMS marketing opens opportunities for immediate guest feedback and interaction.

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The Three Most Critical Roles in a Hotel for Business Success

Revenue Hub

While all hotels have a General Manager (GM) and a Revenue Manager (RM) to oversee operations and profitability, few have a dedicated Guest Experience Manager. NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date The role is vital, but many hotels assume department heads will handle it.

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Why Should The Hotel General Manager Care About Forecasting?

Revenue Hub

NB: This is an article from Demand Calendar The main reason for forecasting is not competition in accuracy; it is to use the forecasts for planning to achieve a healthy profit. Read rest of the article at Demand Calendar The post Why Should The Hotel General Manager Care About Forecasting? appeared first on Revenue Hub.

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Hotel Budgeting for Change (Part 1)

Revenue Hub

NB: This is an article from Global Asset Solutions This is no less true for budget season, although for many in the hotel sector, it can also come with a sense of foreboding. Each plan should include S&M actions, deadline, cost and the ROI of each action and who is responsible for completing each action.