News2020-01-29T13:02:29+01:00




12 Tips for Hotels to Optimize Revenue in Low Demand Periods

For hotel owners, low season and other periods of low demand represent a major challenge, as fewer rooms being booked means less money coming in, and that can have serious cash flow repercussions. This is why it is so important to optimize revenue and ensure you are able to bring in as much money as possible from the guests you are able to attract. Here, you will find 12 tips to help you achieve this

Airline Course: List of Airline Educators with Top Courses!

The airline industry offers many rewarding careers but requires specific skills and qualifications. For this reason, various educators offer carefully designed airline courses. These can help you improve performance or become fully equipped for the future role you are looking to move into. Here, we explore the numerous airline courses on offer, as well as the best places to find these courses. Table of Contents: What is Meant By the Airline Industry? Interested in an

Mobile Check-In App for Hotels: What Are The Benefits?

In recent years, mobile check-in apps for hotels gained popularity due to the efficiency of guests and hotels. Since the check-in process is contactless and more hygienic, it has gotten an extra boost since the coronavirus pandemic. Not only do these methods cater to the needs of tech-savvy customers, but they can enhance the brand reputation of the property in question. Let us now examine each of these concepts in greater detail. What is Mobile

Tips to Improve Your Hotel’s Customer Care

Nowadays, hoteliers can not only rely on their hotels’ amenities, looks, or standardized services; they need to offer more. Happy customers are the key to success in the hotel business. Customer satisfaction is increasingly important, and knowing your guests’ needs has become a must for hoteliers. So hoteliers should make efforts to distinguish themselves from the competition. 3 Tips to Improve Your Hotel’s Customer Care Below you will find three useful tips that will help

What is Yield Management?

Yield management is a pricing strategy commonly utilized by businesses in hospitality, air travel, and other tourism-related fields to generate maximum revenue from perishable inventory (e.g., hotel rooms or airline seats). Here, we answer the question 'What is yield management?' and explain why it is useful for hospitality hotel owners and others. Defining Yield Management In simple terms, yield management is a strategy based on selling to the right customer at the right time for

What does GOPPAR stand for?

A key performance indicator, or KPI, is a quantifiable business performance measurement. KPIs are essential for implementing a successful revenue management strategy, as it allows businesses to identify areas of success and failure, as well as trends related to demand and customer behavior. GOPPAR is one of the most important KPIs hotels use for revenue management. This article explains what GOPPAR stands for and why it is important. GOPPAR Explained GOPPAR is an acronym for

How the Internet of Things (IoT) can Benefit the Hospitality Industry

One of the most important emerging trends for those in the hospitality industry is the Internet of Things, or IoT for short. It is, therefore, important for hotel owners, managers, and other business leaders to make the most of it, yet many people still struggle to understand what it

How to Use Food and Beverage F&B Data to Increase Hotel Revenue

Food and beverage (F&B) data is considered a gold mine in the hospitality industry. From the moment your guests make an online reservation, to the time they leave your restaurant, your POS system or an advanced reservation platform generates valuable guest data. In this article, you'll learn how to use

Revfine.com uses functional and analytical cookies. Click here for our privacy policy.
Ok
 
Go to Top