Insights & Strategies for Independent Hoteliers.

Today’s Revenue Management Thought - published all weekdays

5 Revenue Management Mistakes

Costing You Money

Dynamic Pricing Myths

Holding Your Hotel Back

How to Compete with OTAs

Without Losing Margin

The Power of a

Balanced Channel Mix

Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Relying on mobile and social media for revenue management can compromise guest privacy and data security.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Collaboration between sales, marketing, and revenue management often leads to internal conflicts and misaligned goals.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Revenue management's quick responses to market changes can result in inconsistent and confusing pricing for guests.

Have a profitable week !

✌🏼


Read More
Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Dynamic pricing strategies in revenue management can create perceptions of unfairness and exploitation.

Have a profitable week !

✌🏼


Read More
Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Integrating revenue management with customer relationship management can turn guests into mere data points.

Have a profitable week !

✌🏼


Read More
Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Non-room revenue streams prioritised by revenue management can detract from the core hospitality experience.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Overemphasis on local events and seasonality in revenue management can alienate regular, loyal customers.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Last-minute booking strategies driven by revenue management contribute to unpredictable and stressful guest experiences.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

The use of customer segmentation for revenue management can border on discriminatory pricing practices.

Have a profitable week !

✌🏼


Read More
Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Revenue management's focus on short-term gains can lead to the neglect of long-term guest relationships.

Have a profitable week !

✌🏼


Read More