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Pattern: The Undervalued Driver of Success & By Lynn Zwibak
2025-05-14 18:54:18| Hotel Resource
The number of factors identified to impact the success of a hotels revenue management strategy continues to grow. We know the standard ones: that higher occupancy brings in more guests and therefore can lead to more ancillary revenue; higher ADR means more revenue to flow to the bottom line, leading to higher profit; longer lengths of stay reduce costs, also leading to higher profit. I'm here to argue that there is one factor more important than all of these, and it is often overlooked in the revenue management discussion. I'm talking about pattern the way that the number of rooms occupied on each night relates to the surrounding nights.
Category:
Hospitality
LATEST NEWS
Airbnb Expands Beyond Rentals, Offers Luxury Services via Revamped App
2025-05-14 17:53:46| Hotel Resource
As BBC's Adam Hancock reported, Airbnb is broadening its scope beyond short&term rentals by offering luxury services like personal trainers, massages, and private chefs via its redesigned app. The services will initially be available in 260 cities.
Category:
Hospitality
Munich Hotel Industry Thrives Amid Bauma Trade Fair, Sets New Revenue Records
2025-05-14 17:53:46| Hotel Resource
Munich registered its highest occupancy for April since 2016, with occupancy remaining above 60% for almost the entire month.
Category:
Hospitality