With the accommodation segment starting to open its doors, effective operational management is starting to show its muscle in conjunction with revenue management – or at least it should be! It’s a fact that the accommodation industry makes money differently […]
We are very proud to announce that Derek Martin, the CEO of TrevPAR World will be partnering with Northside Consulting and The Emirates Academy of Hospitality Management to host a Strategic Hotel Opening Management Workshop in Dubai on Monday the […]
STR: Preliminary September data for Berlin hotels Berlin’s hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59). […]
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 […]