What social media channels are you on and why have you selected them? I’m passively on Facebook, twitter, Instagram and LinkedIn but I can’t imagine I’m interesting enough to the point that I can produce decent content in my daily life to keep an audience. Facebook – Just to be on the radar, I suppose. […]
A Chat About Revenue – Thulani Xhali – General Manager Read More »
What social media channels are you on and why have you selected them? LinkedIn, Twitter, Instagram as well as Facebook. Purpose is to keep track of friends & family and promote Stenden South Africa and the Stenden MyPond Hotel – which is our real world learning hotel. Connect with Dr. Hensens on LinkedIn Here. As a non-revenue
Interview – Dr. Wouter Hensens – Executive Dean Stenden South Africa Read More »
We love posting articles that engage with our followers and our readers, we crunched the numbers on the different articles that we published and there was a very clear top 10, please see below the list of the top 10 most read articles in 2016, the list starts with the most read article. Debunking OTA
Top 10 Articles of 2016 Read More »
The definition of Revenue Management can be described as – selling the right room, to the right client, at the right moment for the right price on the right channel with the best commission efficiency – a confusing and complex concept to grasp especially when looking at what it takes to implement a successful revenue
The Revenue Journey Part #10 – Still Not Convinced? Read More »
What social media channels are you on and why have you selected them? I am currently active in Facebook and Instagram to easily connect with family and friends. For work related matters, I am connected to LinkedIn. Join Jerry on LinkedIn Here Describe Revenue Management in one word; Dynamic In terms of Industry, what do
Talent Review – Jerry V. Estrera – Cluster Director Of Revenue – Singapore Read More »
The Revenue Journey #8 – Complete Revenue Management In the last article of the Revenue Journey I spoke about pricing and pricing strategies. I mentioned that setting your pricing is one part of complete revenue management. The second part, even more critical, is managing inventory. The revenue increases that can be achieved with getting your
The Revenue Journey Part #8 – Complete Revenue Management Read More »
Revenue Management – Pricing Strategies After preparing the forecast it now needs to be put to use. The forecast is the basis for two of the most critical aspects of revenue management: determining the pricing strategy as well as the inventory management strategies. In this article I will discuss pricing strategies and next week I
The Revenue Journey Part #7 – Pricing Read More »
Here at TrevPAR World we are strong believers that there is a very strong relationship between reputation management, brand awareness as well as revenue management. We decided to investigate the relationship between being a tourism graded hotel and driving revenue, what better way to do that than to go to the source. We were lucky
The Relationship Between Revenue Management & Tourism Grading Read More »
Revenue Management – Forecast A good forecast is the most important part of any revenue management decision making process. Without an accurate forecast it is not possible to make accurate revenue driving decisions and may even result in damage to the business rather than driving it. The objective needs to be clear to everyone and
The Revenue Journey Part #6 – Forecast Read More »
Revenue Management – Choosing Infrastructure Components Now that the revenue team is in place it is time to look at the distribution infrastructure of the property. Selling a product requires an infrastructure to put that product on a shelf so customers can buy it. This infrastructure can be made up of systems, manual processes or
The Revenue Journey Part #4 – Choosing Infrastructure Read More »
