Revenue Management

What OTA commission rates are costing your hotel – and how to reduce them

November 6th, 2019|

OTAs, short for Online Travel Agencies, make up an important distribution channel for most travel businesses as more than half of all travellers use an OTA to plan their upcoming trips. For millennials, the figures are even more drastic: a recent report found that over 80% of bookings were […]

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Four strategies to increase RevPAR throughout the year

July 26th, 2019|

RevPAR, also known as revenue per available room, is a key performance metric in the hospitality industry to gauge a hotel’s financial and business performance. Calculated by dividing a hotel’s total room revenue by the number of available rooms, RevPAR is a measurement of both average daily room revenue […]

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News: HotelREZ implements Revcaster Comp-Set Pricing Data

October 31st, 2014|

HotelREZ has recently partnered with Revcaster, a leading supplier of hotel pricing tools, in order to provide its member hotels with rate parity reports as well as competitive pricing data.

HotelREZ is now shopping for hotels on a regular basis and across a number of different channels, allowing properties to monitor […]