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
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:
What specific value am I communicating to potential guests?
Ensure that rates and packages highlight the unique experiences your property offers. Are your marketing messages aligned with this week’s demand drivers?
Have a profitable week.
✌🏼
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.
✌🏼
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:
What adjustments do I need to make to optimise this week’s demand?
Consider pricing updates, promotional offers, or changes to inventory allocations based on forecasted demand and market conditions.
Have a profitable week.
✌🏼
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:
What trends or shifts did I notice in last week’s performance?
Analyse occupancy, ADR, RevPAR, and booking patterns. Are there unexpected changes or opportunities that need immediate attention?
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Revenue isn’t just about numbers—it’s a proactive mindset that transforms the way you approach your hotel’s growth and profitability. This week I’ll provide a few provoking thoughts on the matter.
Build Relationships—Loyalty Drives Long-Term Success
Loyal guests aren’t just repeat visitors; they’re advocates for your brand. I believe that fostering these relationships through personal touches and consistent excellence is the foundation of sustainable success.
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Revenue isn’t just about numbers—it’s a proactive mindset that transforms the way you approach your hotel’s growth and profitability. This week I’ll provide a few provoking thoughts on the matter.
Revenue Is Proactive—Creativity, Ownership, and Shaping Your Future
Revenue is more than numbers; it’s about taking ownership of your strategy and shaping the future you envision for your hotel. To me, it’s a lifestyle—a way of thinking that combines creativity, market knowledge, and an unwavering focus on demand generation.
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Revenue isn’t just about numbers—it’s a proactive mindset that transforms the way you approach your hotel’s growth and profitability. This week I’ll provide a few provoking thoughts on the matter.
Be Unforgettable—Guests Book Experiences, Not Just Rooms
I’ve seen time and again how focusing on memorable guest experiences transforms hotels. It’s not about the room—it’s about the moments, the details, and the emotional connections that make guests eager to return.
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Revenue isn’t just about numbers—it’s a proactive mindset that transforms the way you approach your hotel’s growth and profitability. This week I’ll provide a few provoking thoughts on the matter.
Stop Relying on OTAs—Take Control of Your Hotel’s Story
I believe the over reliance on OTAs is one of the greatest obstacles to a hotel’s growth. By owning your story and crafting a compelling direct booking experience, you not only drive profitability but also create a deeper connection with your guests—one that no third party can replicate.
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Revenue isn’t just about numbers—it’s a proactive mindset that transforms the way you approach your hotel’s growth and profitability. This week I’ll provide a few provoking thoughts on the matter.
Challenge Market Norms—Stand Firm and Showcase Your Value
In my experience, the most successful hotels are the ones unafraid to challenge the status quo. By holding firm or even raising rates, you send a clear message about your value and position your property as an experience worth paying for—not just another room.
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
As a new year begins, hospitality revenue managers have a unique opportunity to reflect, recalibrate, and strategise for the months ahead, starting by asking themselves some critical questions.
How can I strengthen relationships with key stakeholders?
Identify strategies to collaborate more effectively with sales, marketing, and operations teams. How can you ensure that revenue goals are communicated and supported across the organisation?
Have a profitable week.
✌🏼