Trying to figure out how to best build up your ADR after the crisis? Don’t worry, it might be a matter that is out of your hands more than you think. Old Claims After the last financial crisis, many “experts” claimed that price dumping had a bad effect on the re-building of hotels ADR and […]
Our Co-Founder Pontus Berner answers 3 questions about: … the Revenue Management of tomorrow The revenue management of tomorrow is an interesting topic. The usual answer that you hear a lot, which is also true, is artificial intelligence and technology. However, it’s not that simple. You see it depends on what you define revenue management […]
Our own Veit Meier and Till Benthien speak to Trevor Grant from Revenue Hub. The discussion touches on the German hotel market situation, stand April 2021. Chapters: Welcome (1:13) Current Situation in Germany (4:03) Coastal vs City Destinations (9:02) Will Domestic Demand be Enough (16:30) New Supply Will Increase Competition (24:04) Impact of Reduced Regional […]
Slowly but surely, we are getting closer to the new normal. Whilst the crisis no doubt has been a hard hit on individuals, companies, and whole industries, and we all wish it had never come, it has nevertheless driven evolution forward in many ways. We all know that technology has taken a huge leap ahead […]
Our own Veit Meier and Till Benthien speak to Trevor Grant from Revenue Hub and Vassilis Syropoulos, Founder and CEO at Juyo Analytics. The discussion touches on: • What is Forward Looking Data and how far forward are we looking? • Is Forward Looking Data the Holy Grail or a just shiny new distraction? • […]
In this video we discuss a checklist recommending Daily, Weekly and Monthly tasks Revenue Management professionals should be undertaking during this crisis situation. Here are the chapters: 1:06 Guest Welcome 1:59 Daily Checklist 9:43 Weekly Checklist 19:48 Monthly Checklist 29:43 Wrap Up Checklist Things to be checked daily: Pick-Up for next 2-4 weeks per segment […]
Travel decrease Will travel go down? In the short run, yes. In the mid-term, perhaps. In the long term, if you ask me, definitely not. Currently there is no doubt that travel industry is hit extremely hard and travel is down. In total for 2020, UNWTO expects a drop in international tourist arrivals somewhere between […]
In this vodcast we start to look at what does ‘Strategic Revenue Management’ actually mean. We explore what a strategic revenue professional role might look like and what additional information, or data, would be needed to help deliver in this role.
This is part 2 of a 2 part series where we explore the challenge to drive and convert more direct booking business, what are some basic errors made and ultimately, is it worth it?
This is part 1 of a 2 part series where we explore the challenge to drive and convert more direct booking business, what are some basic errors made and ultimately, is it worth it?