revenue management

Why Revenue and Marketing Managers Should Work Together

“You might feel a slight sting.” These are the last words we hear before the prick of the needle, but with that little sting comes...
Gary Hawkins

Three Hospitality Leaders on the Role of Revenue Management in Today’s Industry

At the 2018 Revenue Strategy Summit, hospitality leaders spoke about the role of revenue management in today’s hotel industry. "You have to understand what questions...
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Leveraging the Power of a Hotel’s CRS To Improve Direct Bookings

Direct bookings are the "Holy Grail" for every single hotelier around the globe. Often elusive, direct bookings have a significant impact on a property’s...
booking

Boosting a Hotel’s Direct Booking Conversion Rate Without Giving Away Rooms

One of the biggest and most widespread misconceptions in the hotel industry is that discounting is the best way to boost direct bookings. Even...

2018 Revenue Strategy Summit Offers a Day of Deep Dives Into Hospitality Finance

On July 10, approximately 300 revenue managers, owners, operators, and other hotel professionals met at the Newseum in Washington, D.C. for the sixth annual...
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technology

Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...

Carmel Valley Ranch Completes Renovation Project

CARMEL, California—Carmel Valley Ranch announced the completion of a multimillion-dollar renovation project that updates the guest experience. The renovations encompass enhancements across the resort,...
April 2024

CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance

WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024. U.S. Hotel...
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