Every successful hotelier mainly relies on the predictions made by the revenue management system. In addition to marketing of the hotel, this is the second most important aspect of the facility's business. If it is not managed adequately, it can have very bad consequences for the building. That's why today we're talking about the most common revenue management myths believed by...
Šta je stopa popunjenosti u hotelskoj industriji (OCC)?
If you have the opportunity to directly or indirectly manage a catering facility, then the occupancy rate is something you should be interested in. So below we talk about what the occupancy rate is and how it is calculated. What is the occupancy rate? When you need to express in percentages how much your object is...
How do hotel software solutions increase the facility's revenue?
Although we live in a time when we are surrounded by technologies, a large number of hotels still do not use the full potential offered by software solutions within the hotel. That's why we will talk about the income that your facility can have from early check-in and late check-out and how technology can help you with that. How do...
This is the oldest hotel in the world
Have you ever thought about how many years the oldest hotel in the world could exist and still be in business today? 100, 200, or maybe 500 years? Well, we'll say right away that you're not even close. The hotel we are writing about today has been working without interruption for more than 1300...
What is ADR and how it is calculated?
Imagine a situation where revenue managers can see what rates they can expect for a specific day of the week, a specific month, or even an entire season. Sounds amazing? It is precisely the monitoring of ADR that will enable hotels to increase revenues and overall profits in this way. What is ADR? The average daily rate (ADR) is...