How to do Revenue Management for Hotels? Improve ADR and Occupancy

To get more information, CLICK HERE: https://www.revenueisoxygen.com Revenue Management Courses can be very expensive, but this is a critical exercise to carry out once a week - or at least once a month - and can have a big impact on your ADR, Occupancy, Revenue and Profits. When it comes to BOUTIQUE hotels the concepts of Yield Management and Revenue Management are similar, but they can be quite different for larger hotels, casinos, or golf resorts. Yield Management tends to focus only on booking volume and rates and filling up capacity for an expiring asset (rooms). Revenue Management is a bit broader and includes non-room revenue, such as food and beverage, gambling, and entertainment revenue. Revenue Management Software can be expensive, but we show you ways to forecast your Occupancy and ADR and compare to competitors (Compset), so that you can make informed decisions for your boutique hotel. To get more information, CLICK HERE: https://www.revenueisoxygen.com