Tag: Revenue
The Role of Revenue Performance in the COVID-19 Rebound
The COVID-19 pandemic has brought a tremendous amount of uncertainty to the travel industry, including the revenue performance discipline, with many accommodations resting their...
A Tight Ship: Hotel Operators Adapt and Survive in 2020
Faced with the greatest declines in revenue since the 1930s, U.S. hotel operators in 2020 have demonstrated their ability to adapt to difficult market...
A Crash Course in Hotel Revenue Management for Non-Revenue Managers
With widespread furloughs, downsizing, and consolidation across the hotel industry, everyone is multitasking these days, and revenue management is no exception. At some hotel...
How Hotels Can Turn Parking Into an Alternate Revenue Stream
The hospitality industry has been gravely affected by the COVID-19 pandemic. By May, 70 percent of hotel rooms across the country were sitting empty...
Matter of Transparency: Resort Fees Are a Growing Source of Revenue
The 11th edition of the Uniform System of Accounts for the Lodging Industry (USALI) defines resort fees as "mandatory fees charged at either a...