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Suborbital space tourism finally arrives | FCC prepares to run public C-band auction | The big four in the U.S. launch industry — United Launch Alliance, SpaceX, Blue Origin and Northrop Grumman — hope to be one of two providers that will receive five-year contracts later this year to launch national security payloads starting in 2022. | China’s launch rate stays high | The International Space Station is the largest ever crewed object in space.

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Steps for Success: Evaluating and Pricing Group...

April 19, 2024

Group business is an undeniably important piece of the revenue puzzle for hotels. However, not all group revenue is equally valuable or desirable. To achieve an ideal mix of group and transient business, hotels must undergo a detailed evaluation process—one that can be greatly aided with an advanced revenue management system. Ten Crucial Steps to The post Steps for Success: Evaluating and Pricing Group Business appeared first on Revfine.com.

Unlocking Insights and Revenue Potential with Room-Type...

April 18, 2024

In a hotel, understanding the dynamics of room types and leveraging this understanding can significantly impact revenue, profit, and guest satisfaction. Room-type analytics is a vital component of any hospitality Business Intelligence platform and offers hotels a deeper insight into their inventory’s performance. Data-driven decisions based on Room-Type Analytics enhance profitability and guest experience. This The post Unlocking Insights and Revenue Potential with Room-Type Analytics appeared first on Revfine.com.

Ten Steps to Successfully Introduce AI to...

April 17, 2024

If you plan to roll out a new smart technology or artificial intelligence tool at your hotel, you need to design a thorough team onboarding process. Getting your hotel staff on board with a new solution is key to successful adoption and operational efficiency, but it can also positively impact employee morale and retention. Many The post Ten Steps to Successfully Introduce AI to Your Hotel Teams appeared first on Revfine.com.

Top Tips for Leveraging Tiktok to Attract...

April 16, 2024

Question for Our Hotel Marketing Expert Panel How can hotels leverage Tiktok (boasting 1.7 billion active users in 2023) to engage with and attract guests? In your opinion, which strategies can they apply, and what are the best practices? Our Marketing Expert Panel Luminita Mardale – Director Of The post Top Tips for Leveraging Tiktok to Attract and Engage with Guests appeared first on Revfine.com.

An Overview of Metrics Every Revenue Manager...

April 8, 2024

Navigating the complexities of hotel revenue management isn’t easy. From demand forecasting and rate negotiations to inventory management and competitor analysis, there are plenty of challenges to keep revenue managers on their toes. But technology is changing the game. Today’s revenue managers have powerful tools at their disposal that can help them streamline operations and The post An Overview of Metrics Every Revenue Manager Should Track appeared first on Revfine.com.

New Sending Requirements for Email Marketing for...

April 7, 2024

Back in February, two of the biggest players in the inbox space — Gmail and Yahoo introduced stringent rules to safeguard users’ inboxes from scammers and spammers. These rules signify a pivotal shift in the ever-evolving landscape of email marketing. To ensure your marketing emails reach their intended recipients, it’s crucial to comprehend and adhere The post New Sending Requirements for Email Marketing for Hotels, and What Happens if They Don’t? appeared first on Revfine.com.

3 Key Strategies for Mastering Revenue Management...

April 6, 2024

Data fuels the commercial operation of a property and empowers hotel Revenue Managers to make informed decisions, outpace rivals, and ultimately boost profits. When discussing data, there’s no resource more crucial than your Property Management System (PMS). How to Master Revenue Management with PMS Data: The 3 Strategies Your PMS is the core of your The post 3 Key Strategies for Mastering Revenue Management with PMS Data appeared first on Revfine.com.

8 Signals Your Hotel Pricing Needs Adjustment

April 5, 2024

Recent studies reveal that prices perceived as unfair trigger discomfort in consumers, leading to reduced purchases, complaints, and negative reviews. Conversely, fair prices activate pleasure centers, enhancing customer satisfaction. This underscores the importance of finding the sweet spot for your hotel’s room prices: the perfect balance between attracting (happy) guests and maximizing revenue. Build a The post 8 Signals Your Hotel Pricing Needs Adjustment appeared first on Revfine.com.

Tiquira

April 3, 2024

Indigenous Brazilians have fermented alcoholic beverages from the cassava root for thousands of years. These beer-like beverages go by names like cauim, caxiri, and tarubá. Fermentation is an important step in cassava processing—the raw root has chemicals that can turn into cyanide in the human body. Native peoples found that a bit of human saliva and some naturally occurring yeast could eliminate these toxins and improve the nutritious value of the tuber. When the technology of distillation arrived to...

Interview with Founder and CEO Kristian Valk...

March 29, 2024

In this article, we interview Kristian Valk, the founder and CEO of Hotelchamp. Through Hotelchamp, Valk has combined multiple science-based methods to improve the guest experience and drive increased direct revenue for hoteliers. Can you tell us a bit about yourself? I was born and raised in the The post Interview with Founder and CEO Kristian Valk of Hotelchamp appeared first on Revfine.com.

Hotel Revenue Management System Adoption: Tips for...

March 25, 2024

A revenue management system (RMS) is a fantastic tool for attracting demand from high-value guests, driving efficient operations, improving revenue performance, and increasing profitability. Of course, the best tools in the world won’t do your property much good if your staff isn’t bought in on their proper usage and equipped with what’s needed to get The post Hotel Revenue Management System Adoption: Tips for a Smooth Transition appeared first on Revfine.com.

Master Pick-up Analytics: Learn Why & How...

March 24, 2024

Pick-up analytics are essential for hotels to forecast demand, optimize pricing strategies, manage inventory, marketing, and improve revenue management. In this article, we will dive into the world of Pick-up Analytics. You will learn what Pick-up Analytics is and how to use it to help your hotel optimize performance. What is Pick-up Analytics? In short, The post Master Pick-up Analytics: Learn Why & How They Elevate Your Hotel appeared first on Revfine.com.

6 Tips to Fix Your Hotel’s Email...

March 22, 2024

When exploring the landscape of digital marketing for hotels, we see many new emerging trends, such as AI, Automation, social media, influencer marketing, and more. Many may wonder, “Is email marketing still relevant for hotels?” And the answer is an assured yes. Why Email Marketing for Your Property? Even with all the new tech tools The post 6 Tips to Fix Your Hotel’s Email Marketing and Increase Conversions appeared first on Revfine.com.

The Risks of Ignoring Revenue Management’s Budget...

March 21, 2024

Question for Our Revenue Management Expert Panel: What happens if hotel owners do not listen to revenue managers during budget preparations? What advice would you give to an RM team when asked to justify their budget? (Question by Connor Vanderholm) Our Revenue Management Expert Panel Connor Vanderholm – The post The Risks of Ignoring Revenue Management’s Budget Advice appeared first on Revfine.com.

5 Visual Design Tips to Boost Your...

March 21, 2024

Making a great first impression is crucial—especially for hotels looking to attract guests. In the online world, first impressions are tightly linked to your website’s design. From the moment they land on your page, guests need to be hooked. 5 Visual Design Tips for Your Hotel’s Website The undeniable power of visuals lies at the The post 5 Visual Design Tips to Boost Your Hotel Website Conversion Rates appeared first on Revfine.com.

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