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?
Webinar in German with our partners with the aim of supporting you as a hotelier on your way out of the Corona crisis. Expect current data insights, advice on revenue management strategies, as well as ideas for profitable activities related to social media, CRM and reputation management. Packaged in informative 10-minute presentations that give you […]
In this podcast, our own Veit Meier and Till Benthien talk with Trevor from Revenue Hub about how hotels can work through the Covid 19 crisis and prepare for the future – which will eventually come.
Declining demand usually means lower room revenues for hotels, caused by lower occupancy combined with lower average rates. Revenue Management itself does not generate additional demand in the market, but it does help to manage the existing demand in the best possible way and achieve the highest possible revenue share among competitors. Revenue Management alone […]