Today's Revenue Management thought:-
I see revenue management as a proactive mindset that shapes how you drive growth and profitability. This week I will highlight five key questions a hospitality revenue manager should ask themselves at the beginning of each week:
Am I prioritising the right channels for this week’s bookings?
Evaluate the performance of direct bookings versus OTAs and other channels. Are there opportunities to reduce dependency on high-cost channels?
Have a profitable week.
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