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:-
Tired of guests demanding freebies? Here’s how to turn those requests into revenue-generating opportunities without sacrificing your bottom line!
4️⃣ Implement a “Soft Charge” for Freebies – Introduce a nominal fee for certain “free” perks, like a welcome drink or early check-in, positioning them as a value-added service instead of a giveaway.
💡 Bottom Line: Entitled requests can be transformed into profit opportunities with the right strategy—turn every guest interaction into a chance to maximise your revenue!
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Tired of guests demanding freebies? Here’s how to turn those requests into revenue-generating opportunities without sacrificing your bottom line!
3️⃣ Upsell with Upgrades – Turn free requests into opportunities to upsell by offering a discounted upgrade to a better room or premium service in exchange for a small fee.
💡 Bottom Line: Entitled requests can be transformed into profit opportunities with the right strategy—turn every guest interaction into a chance to maximise your revenue!
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Tired of guests demanding freebies? Here’s how to turn those requests into revenue-generating opportunities without sacrificing your bottom line!
2️⃣ Offer Exclusive Loyalty Benefits – Use freebies as incentives for loyal guests—promote loyalty programmes where these perks are earned, not expected.
💡 Bottom Line: Entitled requests can be transformed into profit opportunities with the right strategy—turn every guest interaction into a chance to maximise your revenue!
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
Tired of guests demanding freebies? Here’s how to turn those requests into revenue-generating opportunities without sacrificing your bottom line!
1️⃣ Create Add-On Packages – Instead of saying no, offer premium add-ons (e.g., late check-out, upgraded amenities, spa access) at a discount when bundled with bookings.
💡 Bottom Line: Entitled requests can be transformed into profit opportunities with the right strategy—turn every guest interaction into a chance to maximise your revenue!
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
If you’re not auditing your revenue strategy, you’re leaving money on the table—this week we’ll help you fix it now with these 5 Simple Audit Checks for Your Property’s Revenue Health (one per day)! 🚀
5️⃣ Cancellation & Payment Policies – Are your policies protecting revenue? Analyse cancellation trends and consider if stricter policies or incentives for prepayment could reduce last-minute losses.
Revenue leaks don’t fix themselves—stay sharp, stay proactive, and take control. Audit, adjust, and maximise every opportunity! 🚀 🚀
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
If you’re not auditing your revenue strategy, you’re leaving money on the table—this week we’ll help you fix it now with these 5 Simple Audit Checks for Your Property’s Revenue Health (one per day)! 🚀
4️⃣ Booking Pace & Forecasting – Is your demand tracking as expected? Compare current on-the-books data against historical trends and adjust strategies accordingly.
Revenue leaks don’t fix themselves—stay sharp, stay proactive, and take control. Audit, adjust, and maximise every opportunity! 🚀 🚀
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
If you’re not auditing your revenue strategy, you’re leaving money on the table—this week we’ll help you fix it now with these 5 Simple Audit Checks for Your Property’s Revenue Health (one per day)! 🚀
3️⃣ Segmentation Analysis – Do you attract the right mix of guests? Review your market segments and identify any gaps or over reliance on a single segment (e.g., OTAs vs. direct).
Revenue leaks don’t fix themselves—stay sharp, stay proactive, and take control. Audit, adjust, and maximise every opportunity! 🚀 🚀
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
If you’re not auditing your revenue strategy, you’re leaving money on the table—this week we’ll help you fix it now with these 5 Simple Audit Checks for Your Property’s Revenue Health (one per day)! 🚀
2️⃣ Pricing Strategy Alignment – Are your rates competitive yet profitable? Ensure your pricing model reflects demand patterns, competitor positioning, and your unique value proposition.
Revenue leaks don’t fix themselves—stay sharp, stay proactive, and take control. Audit, adjust, and maximise every opportunity! 🚀 🚀
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
If you’re not auditing your revenue strategy, you’re leaving money on the table—this week we’ll help you fix it now with these 5 Simple Audit Checks for Your Property’s Revenue Health (one per day)! 🚀
1️⃣ Channel Performance Review – Are your distribution channels optimised? Check commission costs, direct booking performance, and any inefficiencies in OTA partnerships.
Revenue leaks don’t fix themselves—stay sharp, stay proactive, and take control. Audit, adjust, and maximise every opportunity! 🚀 🚀
Have a profitable week.
✌🏼
Today's Revenue Management thought:-
January is behind us—are you already scrambling to catch up on your revenue targets? This week we explore 5 revenue-generating initiatives to help hotels boost earnings in February, the year's shortest month.
Partner with Local Events & Businesses 🎭
Whether it's a wine tasting, theatre night, or a local festival, collaborate with local businesses to create stay-and-experience deals. Offer pre- or post-event dining discounts or VIP access to attract event-goers. A strategic local influencer campaign could also bring in last-minute bookers looking for something unique.
The Bottom Line: Don’t let February slip away without maximising every revenue opportunity! Get creative, use data to target the right audience, and make sure your pricing strategy aligns with demand. Are you ready to make this February count? 🚀
Have a profitable week.
✌🏼