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




Samsung Hospitality TV: Main Benefits, Key Features and More

A Samsung hospitality TV is a television set specifically designed for use by hotels and similar businesses. It will provide features that allow the TV to serve as a great in-room entertainment option for guests. Investing in a specialized hospitality TV is important because demands in the industry are very different from demands in domestic settings. Samsung's offerings support centralized content management and provide enhanced security. In this article, you can learn all about Samsung

Types of Hotels: Exploring Classifications and Hotel Types

The types of hotels available to customers range from full-service and chain hotels, through to boutique hotels, lodges and inns. Hotels are generally categorized based on facilities, features and marketing. Hotel options are important because the various market segments will have different needs, preferences and budgets. Hoteliers can also identify a gap in the local market and shape their hotel around plugging that gap. In this article, you can learn all about the different types

Total Revenue Management: How Hotels Can Maximize Their Revenue

Total revenue management is broadly defined as managing each revenue source to the highest profitability. By incorporating multiple revenue points of sale like food and beverage, banqueting and conferencing facilities, spa, retail, leisure activities, and others with room revenue management, total revenue management assists hotels in achieving their goal of increasing revenue and profitability in a competitive market. Table of Contents: Total Revenue Management is Here to Stay The Advantages of Total Revenue Management 5

Restaurant Management Systems: Overview, Key Aspects and Features

Restaurant management systems are a type of restaurant management software intended to assist with the tasks associated with the day-to-day management of a restaurant or similar business. In this article, you can learn about what the technology does, the main features, and the different components that make up a sound system of this kind. Table of Contents: What Is Restaurant Management? What Is a Restaurant Management System? What Are the Benefits of Restaurant Management Systems?

Discover The Latest Restaurant Technology Trends for 2025

A crucial part of running a successful restaurant involves investing in the best technology. However, to do this, you need to build an understanding of broader restaurant technology trends. In this article, you can learn about the latest restaurant tech trends, like innovations in POS systems, contactless payments, virtual reality, QR codes, and more. Table of Contents: What is the Restaurant Industry? Why is it Important to Follow the Latest Restaurant Technology Trends? The Latest Restaurant Technology Trends of 2025 You Should Know About 1. Autonomous Meal Delivery 2. Table Booking and Reservation Software 3. Robotic Meal Prep 4. Artificial

3 Essential Tips to Maximize Revenue Hoteliers Can Implement Right Away

It's important to have revenue management strategies in place to maximize revenue. Whether you use a revenue management system (RMS) or manage your prices manually, this article covers three essential strategies, recommended by our revenue management experts, to help you stay competitive. 3 Essential Tips to Maximize Your Hotel Revenue In the next sections, you will learn about three crucial strategies that will help you increase your hotel revenue. Strategy 1: Constantly Analyze Your Pick-up

How to Maximize Hotel Revenue by Applying Open Pricing to Upselling

You probably already know that adjusting your room rates based on demand fluctuations can boost your revenue. But have you ever thought of applying this approach to upselling? And what about taking things yet another step further and using the principles of open pricing on upselling as well? Keep reading to discover how these techniques can take your revenue strategy and top line to the next level. The Role of Upselling in Revenue Management Upselling

How to Measure The Profitability of Your Hotel Business

Profitability is a business's ability to generate earnings from its operations over a given period. Various methods, known as profitability ratios, gauge a business's overall profitability. This article explains the different profitability ratios and explains how revenue management can positively impact profitability. Insight in Profitability Ratios Profitability ratios provide insight

The Risks of Ignoring Revenue Management’s Budget Advice

Question for Our Revenue Management Expert Panel: What happens if hotel owners do not listen to revenue managers during budget preparations? What advice would you give to an RM team when asked to justify their budget? (Question by Connor Vanderholm) Our Revenue Management

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