Pace Report: The Crystal Ball of Hotel Revenue
A pace report is a crucial tool for hotels, offering real-time insights into booking trends. It helps forecast demand, optimize pricing, and identify market trends for better revenue management.
Insights and articles about hotel management by THRev.co, a trusted partner of many leading hotels, offering hotel management services, Hotel Management, and a modern hotel management system that leverages artificial intelligence (AI) and big data analytics. This system helps hotels dynamically adjust room rates automatically and boost revenue efficiently.
A pace report is a crucial tool for hotels, offering real-time insights into booking trends. It helps forecast demand, optimize pricing, and identify market trends for better revenue management.
Learn how to boost your OTA homepage click-through rate by optimizing your cover photo. A well-chosen image can significantly increase customer engagement and impressions.
Discover the shift from Key Opinion Leaders (KOLs) to Key Opinion Consumers (KOCs) in hotel marketing. Learn how authentic customer reviews are replacing traditional endorsements and why focusing on real experiences and community engagement is crucial for success.
OTAs sell the dream that high visibility equals full rooms, but this often isn’t true. If you’re visible but still have empty rooms, it may be due to a lack of hotel desirability. It’s time to change your strategy and boost your hotel's appeal.
Learn how to control OTA bookings by changing guest behaviors with strategies that increase revenue through non-refundable offers and early booking incentives.
Learn strategies to boost visibility on OTAs and use promotions wisely to attract customers