What is revenue management and why is it important?

Industry trends

4 Apr 2024

What is revenue management? Revenue management is a business technique that optimizes inventory and maximizes profits. Its parameters evolve over...

New hospitality metrics every revenue manager should track

Best practices

5 Mar 2024

New revenue management metrics Technology has changed not only what’s possible, but what’s measurable. A new generation of hospitality metrics has...

Demystifying cost per guest acquisition: maximizing returns in hospitality

Best practices

4 Jan 2024

Cost per guest acquisition is a must to maximize returns in hospitality. Knowing how much it costs to generate a booking tells you what your hotel...

Effective strategies for maximizing hotel revenue during off-peak periods

Best practices

21 Nov 2023

Off-peak hotel revenue is something most hoteliers lose sleep over. To be profitable, you must either make enough revenue in the high season to...

How to increase hotel revenue with add-on services?

Best practices

16 Nov 2023

Hotel add-on services increase your hotel's revenue by adding more value to each reservation. They come in many shapes and forms, and there are many...

4 ways to increase hotel ancillary revenue

Best practices

9 Nov 2023

Hotel ancillary services allow hoteliers to boost their average daily spending and make each reservation more valuable. Encouraging guests to...

Text messaging to guests with Mews SMS Package: boost revenue, save time,..

Product

16 Oct 2023

The benefits of text messaging guests with Mews SMS Package Our SMS package was specifically designed to increase online check-in for guests. Prior...

Top ways to minimize labor costs in hotels

Best practices

5 Sep 2023

For hoteliers, labor costs represent a sizable portion of fixed costs. It can be challenging to strike a balance between an exceptional guest...

How are hotels using outdoor spaces to increase their revenue?

Best practices

17 Aug 2023

Ever wondered how to boost your outdoor space revenue? To maximize profit, you must ensure that no corner of your hotel goes under-utilized. From...

5 ideas to maximize your hotel rooftop revenue

Best practices

14 Aug 2023

Looking for ways to maximize your hotel's rooftop revenue? Rooftops are prime real estate, so let's explore how to turn them into an additional...

4 ideas for generating more revenue with your hotel lobby

Best practices

8 Aug 2023

Hoteliers are always looking for ways to effectively use their spaces, either by making them multi-functional or taking advantage of all the...

10 best strategies for increasing hotel revenue

Best practices

11 Jul 2023

A question on every hotelier's mind: how to generate more revenue in a hotel. While there's no tried and tested solution, it can be achieved by...

Understanding revenue management in hostels

Industry trends

17 May 2023

Why is revenue management important in hostels? Revenue management in hostels is necessary to maximize profit from room or bed bookings. It helps...

6 ways to increase revenue in your hotel spa

Best practices

11 May 2023

Have you been wondering how to increase spa revenue in your hotel when there are high operational costs, regular maintenance and extra personnel to...

6 reasons your hotel revenue is going down

Industry trends

4 May 2023

Are you concerned about a loss of potential revenue? Given the extremely high operating costs and overheads, hotels constantly worry about generating...

10 hotel rate types to maximize the revenue of your property

Best practices

3 Apr 2023

Why is it important for hotels to have different types of rates? Having different types of pricing is crucial to standing out amongst the competition

Exploring Unfold: industry trends and new standards 

Industry trends

22 Mar 2023

As the number of available tickets for Unfold dwindles (get yours here), the excitement is on the rise. And it’s about to go through the roof as we...

Exploring Unfold: the new standard of revenue management in hotels

Industry trends

6 Mar 2023

The theme for this year’s Unfold is The New Standard in Hospitality. Specifically: how have changing guest expectations and revolutions in technology...

Top three benefits of our new flexible pricing

Product

20 Jul 2022

When you buy a ticket to the movies, you expect that a ticket for a Saturday evening show is more expensive than a Tuesday matinee. At a restaurant...

Strategies to increase revenue from your hotel's meetings

Best practices

1 Jul 2022

As a hotelier trying to optimize costs and profit, you may wonder: how does a hotel make money from meetings? The fact is it doesn’t happen...

Six factors to consider for hotel coworking spaces

Industry trends

30 Jun 2022

As the travel paradigm changes, your hotel has to be adaptable and tailor its offer to the changing needs of your ideal target audience. This is why ...

What does flow-through mean and how does it work in the hotel industry?

Industry trends

2 May 2022

What does flow-through mean? In the case of the hospitality industry, understanding how different departments affect the hotel’s actual revenue is...

How can you increase your hotel’s occupancy rate?

Industry trends
Best practices

15 Apr 2022

Hotel occupancy rates are one of the biggest concerns for hoteliers because it equates to revenue. What constitutes a ‘good’ percentage rate will...

Unfold unpacked: realizing your property’s full potential

Industry trends

22 Mar 2022

One of the biggest changes we’re seeing in hospitality is the willingness to think beyond the traditional heads in beds mindset. There’s a...

How can hotels generate more revenue from the pre-arrival stage?

Industry trends

17 Dec 2021

The pre-arrival stage in hotels is one of the key points during the customer journey that hoteliers can capitalize on to generate more revenue. This...

How to use social media to boost bookings and influence travelers

Industry trends

7 Sep 2021

Social media has become a part of every aspect of our daily lives. From catching up with (or showing off to) friends to shopping and entertainment,...

The 12 best hotel pricing strategies to increase your revenue in 2023

Best practices

10 May 2021

What is a hotel room pricing strategy and why is it important in the hotel industry? A hotel room pricing strategy is an important part of hotel...

Best 10 online travel agents (OTAs) to boost hotel bookings

Industry trends

8 May 2021

What are OTAs for hotels? OTAs for hotels, also known as Online Travel Agencies or Online Tour Operators, are third-party websites that are used for...

Top 7 hotel marketing strategies to increase your bookings

Marketing & distribution

1 May 2021

What are the best 7 marketing strategies for hotels? A hotel marketing strategy should be dynamic, changing depending on the season, the year and...

How can dynamic pricing improve your hotel revenue?

Industry trends

26 Apr 2021

What is dynamic pricing in hotels? We’re all familiar with algorithms at this point, as many of the tools we use on a regular day are based on...

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