Making Cents of RevGain: An Interview With the Revenue Manager at St. George Lycabettus Hotel, Greece

One of the toughest challenges revenue managers face is determining the demand in their areas and the right tools that can help them assess the market scene appropriately. But it doesn’t have to be that way anymore. There are many revenue managers who’ve been able to accurately measure the demand and also boost their ADR and…

Parity Performance April 2016. Where does your city stand? – Middle East

The degree of rate parity observed for Middle East hotels between their brand websites and the OTAs show variation by location in the April 2016 report. Muscat, Riyadh and Abu Dhabi maintained 100% parity in the 3-star hotel category, while Cairo and Sharjah emerged as clear parity practicing cities in the 4-star and 5-star categories,…

Unity for Revenue Management: An Interview With the Revenue Analyst at The Manila Hotel, Philippines

Recently, we got an opportunity to speak with the revenue analyst at The Manila Hotel, Philippines, Louie Reyes. We asked him a few questions about using our product suite that we thought would be of help to other hotel revenue management professionals. Here’s what Louie had to say … RateGain Editor: Please tell us about…

Parity Performance March 2016. Where does your city stand? – Europe

The degree of rate parity observed for European hotels between their brand websites and the OTAs show variation by location in the March 2016 report. Dublin at 23% & London at 13% though were cities, where 3-star hotels maintained parity but the number of hotels practicing parity is paltry, while Helsinki and Dublin (again) emerge…

Parity Performance February 2016. Where does your city stand? – Asia

The degree of rate parity observed for Asian hotels between their brand websites and the OTAs shows continuing variation by location in the February 2016 report. Beijing at 92% & Jakarta at 64% though were cities where 3-star hotels maintained parity while Bali and New Delhi emerge as clear winners in the 4-star and 5-star…

Demand Forecasting: Top 3 Ways Hoteliers Can Leverage this Strategic Management Tool

Human minds are inherently prone to biases. Isn’t it? In hotel revenue management, biases can be your worst nightmares since these can result into imprecise conclusions. And, inaccurate conclusions often equal to missed revenue opportunities. Look, either you have a crystal ball that empowers you to know how much will be the average length of…

Zika virus outbreak: Is tourism industry in Central and South America on risk?

It’s growing and getting stronger. This Zika virus news capsule is not easy for the travel and tourism industry professionals to swallow. As the mosquito-borne Zika virus enters into the United States, there’s a growing anxiety in the tourism industry. Further, a warning from the WHO that the Zika virus is “spreading explosively” and that it’s now an…

How to make 35% more revenue? Tap the power of Scientific Pricing

Scientific pricing arrived on the scene as a diverse collection of pricing models developed by industry experts. This methodology is being employed by a rising number of hotels to supercharge their hotel operations and pricing strategies. This quick adoption of the scientific pricing methodology is being triggered by the huge revenue benefits and process improvements it…