Some creative yield management approaches that go beyond conventional demand-based pricing models. Effective yield management isn’t just about dynamic pricing (as much as we do …
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Tag: revenue
Revenue strategies beyond RevPAR: unlocking the hidden profit in hotels and resorts
RevPAR isn’t enough. Research has found that, on average, 68% of hotel revenue comes from rooms, while 32% comes from food & beverage, spas, activities, …
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Use performance based pay to attract and retain talent
I’ve seen the good, the bad and the ugly in pay structures. Use performance based pay in your spa to improve both employee experience and …
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GUIDE: increase hospitality revenue with wellness
Wellness is in great demand these days. Check out our guide on how to increase hospitality revenue with wellness. After a difficult couple of years, …
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Marriott’s Suzanne Holbrook on the revenue generating power of spa and wellness
We talked with Marriott’s Senior Corporate Director of Spa Operations, Suzanne Holbrook, about how to make the most of the revenue generating power of spa …
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