The condition of the hospitality industry is clearly improving after the difficult pandemic period. The demand is growing, and we are now in the stage of smooth recovery, so this is the best time to focus on cost optimization and boosting the revenue. How to shape and...
Consortia as a source of corporate bookings GDS distribution is the entry point to worldwide corporate travelers. The GDS feed most consortia, providing a major source of business for hotels that capture strong corporate demand. How to join TMC & Consortia hotel...
How to maximize your peak season earnings With the high demand that peak season brings to your distribution channels, together with Booking.com we are sharing some tips to show you how your business can benefit. This is how you can attract more guests to your...
5 revenue strategy hacks that you MUST implement during the Christmas holidays period In this festive season hoteliers have to start doing everything they can to fill up the rooms of their properties. This is the moment to close the year with green numbers. What can...
8 revenue management tips to boost your hotel Revenue management in the hospitality industry involves predicting customer demand with the aim of streamlining the sales process, allowing companies to sell at the correct price, to the correct customer, at the correct...
How to choose the best Channel Manager? Implementation of an omni-channel strategy by a hotel facility is still difficult although, undoubtedly, necessary. Accordingly, a professional Channel Manager system is a must as a tool supporting the daily work of a hotel...
The future of revenue management in the hotel industry Revenue management in the hotel industry is still relatively young and has grown exponentially in the last decade, particularly in the last few years. This article explores the changing role of revenue management...
A step-by-step guide to achieving success with revenue management I The revenue management concept was devised thirty years ago and is effectively employed today by most hotels and airlines. However, even though hotel managers often talk about revenue management, the...
Big data and the modern hotel industry Running a 21st century hotel requires processing a staggering amount of data, including rates, types of rooms, booking details and the competition’s activity on booking portals. The growing importance of the Internet forces...
Rate parity or differentiated pricing, the choice is yours New rules in online distribution might be well underway, but rate parity it is still very often a contractual requirement for the hotel to do business with large OTAs. For many properties, the practice of rate...
Generating direct bookings with metasearch engines Nowadays, metasearch engines are a fast-growing advertising model in the travel industry. They can be an alternative channel for generating traffic and therefore represent an opportunity for hotels helping them to...
How to increase online visibility in Central Europe The XML connectivity with Szallas enables YieldPlanet clients to make immediate prices and availability updates on the channel through YieldPlanet’s Channel Manager in a few clicks. This partnership is a great...
How to plan and implement winning revenue strategy II A revenue strategy is vital to the success of a hotel’s revenue management philosophy. A revenue strategy allows the entire revenue team to discuss, strategize, and understand what the goals are for the hotel and...
Why is the new Price Shopper so desired in Europe? The hotel industry in Central and South Eastern Europe has been growing year by year. 2016, due to the global geopolitical situation, was a fantastic year for Polish, Bulgarian, Romanian and Croatian hoteliers because...
How to win new markets in the hotel industry? Building an efficient distribution strategy for a hotel is a challenge that many hotel managers are facing today. Fierce competition they encounter on the market pushes them increasingly more frequently to take risk and...
Smart Strategies to Boost Hotel Revenue [event in Warsaw] Join us for an exclusive masterclass for hoteliers in Warsaw on September 6th (Thursday). Learn about best practices and innovative ideas to increase revenue.Join us for an exclusive masterclass for hoteliers...
5 key trends of distribution and revenue management for 2018 The Distribution And Revenue Management Trends Report 2018 was created to show what digital distribution currently means for hotel business and its development trends in 2018.We asked hotel businesses around...
5 Steps to Effective Multichannel Selling on the Internet The Internet has taken over the hotel industry. Most booking decisions made today are based on information found on the Internet. Of course, not every reservation is made over the Internet. Tourists often use...
Booking Engine – packages feature YieldPlanet has released a new feature in the Booking Engine. It allows the hotel to set up packages in one simple screen.On a single screen, the hotel can enter the following parameters:minimum stayprice for the...
7 things you should know about Brazilian travellers Brazilian are slightly different from other tourists. Having good weather all year round and fabulous beaches in their home country, they are rather interested in shopping, glamour and prestige gastronomy, sports,...
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