ShareFour Revenue Topics in the Forefront
HSMAI’s Revenue Optimization Advisory Board discuss the four revenue-focused topics that will be discussed in HSMAI Recovery Connections sessions.
Showing items in the "Revenue Management" category
Pandemic Experiences: Best Western’s Monte Gardiner
Gardiner, managing director of revenue management at Best Western, shares his experience of working through the pandemic, including advice for hospitality professionals who are returning from furlough.
Pandemic Experiences: Hilton’s Mark McBride
McBride talked to HSMAI about that experience, including advice for hospitality professionals who are returning from furlough.
Upon Reopening, Adaptability Is Key to Staying Competitive
Once your doors are open, consider implementing more of the following best practices from thriving hoteliers.
Auditing Room Types to Maximize Profit
As trends change, so do the types of rooms that guests are interested in. Learn what to consider, how to start the process and the logistics of creating new room types when auditing rooms to maximize profits.
Preparing Your Pricing Strategy for Recovery
One common reaction in times of crisis is to dramatically reduce your hotel’s average daily rate (ADR) to boost near-term revenue. Instead, go back to the basics of your pricing strategy to adapt to this ever-changing landscape.
Why Revenue Optimization Is Essential Today
Throughout the pandemic, hoteliers have found themselves relying on revenue optimization more than ever — and in new and innovative ways.
HSMAI Customer Insight: Occupancy Changes, Segment Shifts, Rate Adjustments | Amadeus
In this article for HSMAI, Katie Moro, Vice President, Data Partnerships, Hospitality, Amadeus provides insight into three key metrics and important areas for consideration in your business during this time.
A Sales Approach to Optimizing Revenue
Cindy Novotny, managing partner at Master Connection Associates, shared sales tips that hospitality revenue professionals can also take advantage of.
Why Data Analytics Is Essential
Throughout the pandemic, data analytics has become an increasingly sought-after skill, as hoteliers become more dependent on data to navigate an uncertain world.