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This article explains how system interfaces work, how to troubleshoot common errors, and how to avoid potential issues when managing rates and inventory.
This article explains the meaning of KPIs and Indexes and details the most important numbers to focus on when analyzing weekly and monthly STAR reports.
Hotel room is a commodity. Hotel brand is becoming a commodity. The Internet and OTAs make all hotels look the same. How to make sure guests choose your hotel in the sea of other accommodation options?
A method that calculates the minimum acceptable hotel group room rate based on total transient and total group revenue contributions.
How can we forecast number of reservations transient guests will book for a specific day in the future if we can not rely 100% on the last year's data? There is a forecasting method that gives more weight to the current short-term trends.
Revenue management principles, tools, and techniques are widely and successfully used to maximize room revenue. Are they applicable to the other revenue-generating outlets? How to develop a strategy to maximize revenue and profit for the Spa Department?