5 Revenue Management Tips for Hotels – Revenue Team by Franco Grasso

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The 5 Revenue Management Tips for Hotels offers tips for city, beach, mountain, and countryside locations guaranteed to boost your profit margins.

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WHAT YOU WILL FIND IN THE MINI EBOOK

OUR REVENUE GUIDE includes information about the following topics

CITY HOTELS

How to optimize corporate rates
How to avoid readjusting rates downwards
How to retain corporate customers
How to benefit from weekday and weekend rates
How to increase earnings on Sundays

BEACH HOTELS

How to plan successfully for low season and high season
How to make sensible use of last minute and cancellation policy
How to optimize the management of various room types
How to benefit the most from the seasonal nature of seaside and lakeside tourism
How to harmonize revenues from frequent guests and newcomers

MOUNTAIN HOTELS

How a strong summer performance generates benefits also in the wintertime
How brand reputation helps sell at top rates
How to deal with minimum stay and package deals
How to deal with Non-Refundable rates and cancellation policies
How New Year rates can be raised even close to check-in date

COUNTRYSIDE HOTELS

How improving brand reputation leads to more revenue
How to analyze key factors for outlining the starting prices
How rates can be raised exponentially during some periods
How to find the profitable balance between weddings/banquets and otas
How to optimize food&beverage sales