Get our expert advice on revenue management in hotels, including hotel revenue management strategies and our expert advice for how to maximize hotel revenue at your small property.
“Global distribution” describes the network of channels that connect hotels with travelers and allows them to showcase their available rooms and rates through online travel agents (OTA), such as Hotels.com and Booking.com. Global distribution is essential for hotels that are
Hotel budgets are impacted by a variety of factors, such as seasonality, events, labor and competition. And, of course, unforeseen occurrences, like extreme weather, have the ability to drastically skew or contribute a surprise lift to forecasted figures. Budgeting will
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