Revenue Management

AMONG THE MANY TRENDS AND CHANGES IN TOURISM TODAY, THERE IS ONE THAT IS BECOMING MORE AND MORE POPULAR AND IMPORTANT: STAYCATION TOURISM. NOW YOU MAY BE ASKING YOURSELF: BUT WHAT IS STAYCATION?  WELL, IF YOU ARE A LOVER OF TOURISM, THE ENVIRONMENT OR IF YOU OWN A TOURISM COMPANY, THIS CONCEPT SHOULD INTEREST YOU. […]

IHCS: AN INTERNATIONAL CONSULTING FIRM WITH MORE THAN 26 YEARS OF EXPERIENCE IN THE INDUSTRY AND MORE THAN 215 SUCCESS STORIES IN 14 COUNTRIES THE HOTEL INDUSTRY IS ONE OF THE CENTERPIECES OF TOURISM IN GENERAL. WE COULD SAY THAT THE TOURISM INDUSTRY WOULDN’T BE SUSTAINABLE WITHOUT THE PARTICIPATION OF THE HOTEL SECTOR. AS A […]

Why IHCS is different from other international consulting firms? Although the hospitality industry is unique in many aspects of strategy and organization; however, IHCS is different from other international consulting firms due to the premium services, new successful projects, and many more such factors. IHCS is in the business of the hotel industry for more […]

HOTEL REVPAR IS CONSIDERED THE MOST IMPORTANT METRIC IN THE HOTEL INDUSTRY. tHE REVENUE PER AVAILABLE ROOM IS ESTABLISHED AS THE INDEX THAT VALUES THE FINANCIAL PERFORMANCE OF A CHAIN ​​OR ESTABLISHMENT. This indicator measures the profitability generated by the rooms, in other words, it shows us the number of rooms that were occupied and […]

Are you planning to open a new hotel or just looking for ways to innovate your hotel to grow your clientele? Have you come to the realisation that you do not have enough manpower and resources to develop new strategies on your own? Are you worried that your hotel is hitting a slump because you […]

The people behind hotel management understand that experience on a strategic and executive level is key in identifying an establishment’s operating shortfalls while optimizing its business operations and improving its financial results.

In today’s competitive setting, hotels are becoming increasingly aware of the positive results obtained through the advice and contributions of consulting firms. Hotel owners and managers are asking themselves much more frequently whether they are making the most of future demand, their financial yield is appropriate or they are attracting the customers with the most potential.

Today we review the main aspects that gave birth to what we know today as revenue management.

This time we will talk about the Revenue Management culture in general, focusing on some basic aspects and the way to implement the correct strategy step by step to get the best results.

Today we talk about some of the main issues that we must consider in order to improve the average price of our hotel or resort.