Hotel Industry

Using Financial Data to Take Your Hotel’s Profit Game to the Next Level

Revfine.com2025-02-24T14:02:46+01:00

In hospitality, revenue is only half the story: profitability is what truly matters. And to maximize profitability, finance analytics is the game-changer. Understanding the flow of revenue, cost structures, and operational efficiencies allows hoteliers to make smarter, data-driven decisions. With fixed costs dominating the industry, tracking the right financial metrics (like flow-through and GOPPAR) can mean the difference between thriving

Using Financial Data to Take Your Hotel’s Profit Game to the Next LevelRevfine.com2025-02-24T14:02:46+01:00

Beyond the Basics: 6 Digital Marketing Trends for Hotels in 2025

Revfine.com2025-02-24T14:02:34+01:00

For 2025, digital marketing for hotels is no longer just about personalisation. While it’s still a key player, there’s so much more happening that’s reshaping how hotels connect with guests. As a marketer working in a hotel or hospitality business, if you want to stay ahead, you need to keep up with the shift. 6 Digital Marketing Trends for Hotels

Beyond the Basics: 6 Digital Marketing Trends for Hotels in 2025Revfine.com2025-02-24T14:02:34+01:00

Meeting the Moment: Capitalizing on Emerging Hospitality & Travel Trends

Revfine.com2025-02-24T14:03:24+01:00

The year ahead is sure to be shaped by a host of macro- and micro-trends in hospitality and travel. Hoteliers across the globe are grappling with generational change, rising expectations for personalized experiences, and how to maximize revenues when faced with a mixed bag of market conditions. So what can you do to make the most of these shifts? We’ve

Meeting the Moment: Capitalizing on Emerging Hospitality & Travel TrendsRevfine.com2025-02-24T14:03:24+01:00

4 Important Trends for Revenue Managers in 2025

Revfine.com2025-02-24T14:01:23+01:00

Hospitality is always changing. However, the current pace of change feels faster than ever, which throws up both challenges and opportunities for those within the industry. For revenue managers, the real question isn’t just about managing change – it’s about how to harness that change to drive profitability and long-term growth. 4 Trends for Revenue Managers in 2025 Revenue optimization

4 Important Trends for Revenue Managers in 2025Revfine.com2025-02-24T14:01:23+01:00

Best Practices for Managing Length of Stay Restrictions in Hotels

Suzanne2025-02-23T11:23:07+01:00

Question for Our Revenue Management Expert Panel: What are the best practices for managing Length of Stay restrictions? What considerations should be given to their usage, and what are the possible risks to avoid? (Question by Niko Krauseneck) Our Revenue Management Expert Panel Tamie Matthews - Sales & Marketing Consultant, RevenYou Connor Vanderholm

Best Practices for Managing Length of Stay Restrictions in HotelsSuzanne2025-02-23T11:23:07+01:00

Guest Experience Trends Shaping 2025 and Beyond

Revfine.com2025-02-24T14:03:39+01:00

The hospitality industry made a remarkable recovery in 2024, contributing a record-high $11.1 trillion to global GDP. But beyond financial success, what is truly driving this transformation? Guest expectations are evolving, and AI-driven insights, along with online reputation management, are reshaping the industry. Understanding these trends is crucial for hoteliers aiming to stay ahead in 2025 and beyond. 8 Guest

Guest Experience Trends Shaping 2025 and BeyondRevfine.com2025-02-24T14:03:39+01:00

Advice We Would Give To Our Younger Hospitality Selves

Suzanne2025-02-21T10:42:00+01:00

Question for Our Revenue Management Expert Panel: Knowing what you know now (experience in hospitality, revenue management, life & skills, etc.), what advice would you give to your younger self on entering the workforce for the first time? Our Revenue Management Expert Panel Pablo Torres - Hotel Consultant Dermot Herlihy - Owner, Dynamic

Advice We Would Give To Our Younger Hospitality SelvesSuzanne2025-02-21T10:42:00+01:00

Revenue Management Trends: Latest Developments of 2025

Martijn Barten2025-02-24T14:04:18+01:00

A significant part of getting the most out of a hotel revenue management strategy involves keeping up with the latest revenue management trends and implementing associated strategies while investing in relevant technology. In this article, you can learn all about the latest revenue management developments in 2025 to stay ahead of the game. Table of Contents: Understanding the Basics of

Revenue Management Trends: Latest Developments of 2025Martijn Barten2025-02-24T14:04:18+01:00

8 Revenue Management Trends Transforming the Hotel Industry

Revfine.com2025-02-07T11:43:56+01:00

The hotel industry in 2025 is undergoing a profound transformation, driven by technological advancements, shifting guest expectations, and the demand for sustainable practices. Revenue management has become a cornerstone for success in the hospitality sector, leveraging data and innovation to maximize profitability. 8 Revenue Management Trends Transforming the Hotel Industry This article delves into the top trends reshaping revenue management

8 Revenue Management Trends Transforming the Hotel IndustryRevfine.com2025-02-07T11:43:56+01:00

Top Tips for Marketing and Selling Conference and Event Spaces

Suzanne2025-02-07T11:10:54+01:00

Question for Our Hotel Marketing Expert Panel How can hotels effectively market and sell their conference and event spaces? What are the best practices and tips for achieving success? Our Marketing Expert Panel Cory Falter - Partner, Lure Agency Thom de Graaf - Online Marketing Specialist, Orange Hotel Marketing Michael J. Goldrich

Top Tips for Marketing and Selling Conference and Event SpacesSuzanne2025-02-07T11:10:54+01:00

7 Common Revenue Management Mistakes and How to Avoid Them

Revfine.com2025-02-23T11:47:02+01:00

Imagine a well-located boutique hotel. The guests enjoy themselves, and while it's slow, it is low season. However, as high season approaches, many rooms remain empty while other nearby properties fill. What's Making Nearby Hotels More Attractive? On the surface, there's no obvious reason why guests are choosing the competition. A little sleuthing shows that these hotels use dynamic pricing

7 Common Revenue Management Mistakes and How to Avoid ThemRevfine.com2025-02-23T11:47:02+01:00

Streamlining Group Bookings: Top 8 Insights on How Automation Boosts Hotel Success

Revfine.com2025-02-07T11:47:30+01:00

Group accommodation bookings have always been a significant yet underutilized revenue stream for hotels. Representing 30-40% of total net revenue for many business hotels, group bookings also drive ancillary income through food, beverage, and event services, which often yield higher profit margins than room sales alone. Yet, despite their potential, managing these bookings is frequently hindered by manual processes and

Streamlining Group Bookings: Top 8 Insights on How Automation Boosts Hotel SuccessRevfine.com2025-02-07T11:47:30+01:00

Are You Forecasting Right? Tips to Optimize Your Hotel Revenue

Revfine.com2025-02-07T11:47:57+01:00

Running a hotel without forecasting is like driving without a map—you might eventually get there, but not without many unnecessary detours. Forecasting isn’t just for big hotel chains—the independent properties stand to gain the most from a clear picture of what’s ahead. Let’s explore how forecasting can help you to stay one step ahead and turn insights into revenue. What

Are You Forecasting Right? Tips to Optimize Your Hotel RevenueRevfine.com2025-02-07T11:47:57+01:00

Hotel Budget: Effective Budgeting Tips for Hoteliers

Martijn Barten2025-02-07T11:48:50+01:00

Establishing a hotel budget involves estimating revenue and expenditure over a defined period and establishing rules about how much money is available based on various factors, including changes in customer demand. In this article, you can access some effective budgeting tips for your hotel. Table of Contents: What Is the Hotel Industry? What Is Hotel Revenue Management? Why Is it

Hotel Budget: Effective Budgeting Tips for HoteliersMartijn Barten2025-02-07T11:48:50+01:00

Difference Between a Hostel and Hotel: The Essential Guide

Martijn Barten2025-02-12T12:08:09+01:00

The difference between a hostel and hotel encompasses design, the range of services and the intended guest experience. For example, hostels prioritize a shared experience with other guests, while hotels offer comfort and privacy. Understanding the difference between a hostel and hotel is important because the two accommodation types have different aims. They are also usually targeted towards different types

Difference Between a Hostel and Hotel: The Essential GuideMartijn Barten2025-02-12T12:08:09+01:00

The Metrics Every General Manager Should Track

Revfine.com2025-01-27T14:46:50+01:00

Starbucks used to track average transaction value as their flagship metric for success. If the number went up, it meant customers were spending more and business was good. Except, they knew it wasn’t that simple, and they were missing out on key insights into spending habits, loyalty, and long-term value. Tracking Metrics That Drive Success in Hospitality They embraced new

The Metrics Every General Manager Should TrackRevfine.com2025-01-27T14:46:50+01:00

Self-Check-in Hotel Software: Increase the Hotel Guest Experience

Martijn Barten2025-02-14T13:05:13+01:00

Self-check-in hotel solutions can help to improve the guest experience within hotels, while also making life easier for your front desk employees. In this article, you can learn all about self-check-in hotel technology, explore the different options available, gain an appreciation of the benefits and find out about the most advanced options. Table of Contents: What is the Hotel Industry?

Self-Check-in Hotel Software: Increase the Hotel Guest ExperienceMartijn Barten2025-02-14T13:05:13+01:00

What Guests Really Want – and 5 Ways Hotels Can Deliver

Revfine.com2025-02-06T14:45:19+01:00

Guests today expect more than a place to sleep—they're expecting experiences that feel personal and thoughtful. For hoteliers, this presents an opportunity to rethink upselling, not as selling extras, but as a way to improve the guest experience. When you focus on what guests truly value—whether it's a better view, extra comfort, or more flexibility— the results, and loyalty, naturally

What Guests Really Want – and 5 Ways Hotels Can DeliverRevfine.com2025-02-06T14:45:19+01:00

Strategies, Tactics, and Insights for the Hotel Industry

Optimize revenue, innovate processes, and improve customer experience