
BALANCING REVENUE AND DEMAND IN THE HOTEL INDUSTRY
In the Hotel Industry, Hoteliers should consider demand analytics as it is a crucial tool that can be used to determine pricing. In this context, seasonality (high and low seasons)…
In the Hotel Industry, Hoteliers should consider demand analytics as it is a crucial tool that can be used to determine pricing. In this context, seasonality (high and low seasons)…
Peak season is the best for the Hotelier as there is high demand and an influx of guests. During high season, it's quite easy to achieve full hotel occupancy. However,…
Every hotelier faces the challenge of how to increase revenue. Engagement in day-to-day operations could make it difficult to have a bird's eye view. Income can be generated through room…
Booking Master’s Accounting Software saves time and money by automating financial tasks, like recording transactions, tracking payments, and generating financial statements, advanced analytics, mobile support, payroll, asset tracking, budgeting, and…
As your Hotel’s Revenue Manager Booking Master’s primary job and responsibility would revolve around maximizing your revenue through pricing and inventory management that will maximize your hotel’s profitability and meet…
“A good reputation for yourself and your company is an invaluable asset not reflected in the balance sheets.”-Li Ka-ShingOnline Reputation Management or ORM, of your Hotel/Property, is the process of…