Remove Article Remove Pricing Remove Reservations
article thumbnail

How To Set Your Spring 2025 Pricing Strategy Today

Revenue Hub

Spring is a key revenue period, andnow is the ideal time to analyze early booking data and optimize your pricing strategy. It also allows you to establish starting prices for each room type for the spring season. Check out our guide on using the booking window to increase hotel reservations.

Pricing 75
article thumbnail

How to Prevent Hotel No Shows and Last Minute Cancellations?

Revenue Hub

NB: This is an article from D-Edge Subscribe to our weekly newsletter and stay up to date In the hospitality sector, the no-show rate for hotels is commonly between 1-5%, providing insight into the revenue lost by hoteliers each year. Read the full article at D-Edge The post How to Prevent Hotel No Shows and Last Minute Cancellations?

Book 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Are CAP Rates and How to Use Them

Revenue Hub

A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. Normally” NOI is calculated using all income less all operating expenses but does not include costs for debt, depreciation, amortization, reserve for capital expense or income taxes.

Pricing 107
article thumbnail

What is the Importance of the Digital Customer Journey?

Revenue Hub

NB: This is an article from Net Affinity Subscribe to our weekly newsletter and stay up to date With the majority of bookings now made online, ensuring your website provides a seamless, user-friendly experience is not just beneficial — it’s essential. appeared first on Revenue Hub.

Book 109
article thumbnail

How Mobile Booking gives Hotels a Competitive Edge

Revenue Hub

NB: This is an article from GuestCentric Subscribe to our weekly newsletter and stay up to date More than half of U.S. The Mobile Takeover in Hospitality Mobile is dominating hotel bookings, with half of reservations now happening on smartphones. As of June 2024, 70% of the worlds population (5.68 The good news?

Book 101
article thumbnail

Why it’s Time to Rethink Refundable Hotel Rates

Revenue Hub

NB: This is an article from Mews Subscribe to our weekly newsletter and stay up to date When you book a flight, you don’t do so speculatively, knowing that you can cancel it without penalty a few days before departure. Paying at the point of reservation can provide a much better guest experience. At least, it shouldnt be.

article thumbnail

Unlock Your Hotel Potential: Top 3 Business Intelligence Myths

Revenue Hub

NB: This is an article from Demand Calendar Subscribe to our weekly newsletter and stay up to date These are some of the most common myths that keep hotels from harnessing the full power of their data. Revenue Growth : Uncovers opportunities for upselling, cross-selling, and optimizing pricing strategies based on comprehensive data analysis.