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:-

Stretching into September, 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 constant pursuit of higher profits can compromise the authenticity and warmth of hospitality.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Stretching into September, 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.

Predictive modeling and machine learning in revenue management can perpetuate biases and inaccuracies.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Stretching into September, 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.

Long-term corporate contracts prioritised by revenue management can degrade the quality of service for transient guests.

Have a profitable week !

✌🏼


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Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Stretching into September, 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 ancillary services often leads to hidden fees and guest dissatisfaction.

Have a profitable week !

✌🏼


Read More
Nikolas Hall Nikolas Hall

Today's Revenue Management thought:-

Stretching into September, 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 rise of alternative accommodations, like Airbnb, shows that traditional revenue management models are outdated.

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 strategies that incorporate environmental sustainability can be seen as mere greenwashing.

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.

Personalised guest experiences driven by revenue management insights can feel intrusive and manipulative.

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.

Blockchain technology in revenue management is a buzzword that offers more hype than actual benefit.

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 in multi-property operations can lead to neglect of unique property identities and local cultures.

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.

Competitor-based pricing in revenue management encourages a race to the bottom, harming the entire industry.

Have a profitable week !

✌🏼


Read More