Independent, non-branded properties often have to compete against well-known hotel chains or brands with extensive sales resources and revenue capabilities. This can be frustrating and might seem like it’s impossible…
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What is the true value of a corporate traveller?
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Work travel is growing at a rapid speed, with business travel spend expected to reach $1.7 trillion by 2022. Currently, up to 30% of business travellers (also often known as…
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What OTA commission rates are costing your hotel – and how to reduce them
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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…
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Four strategies to increase RevPAR throughout the year
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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…
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News: HotelREZ implements Revcaster Comp-Set Pricing Data
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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 their current available rates. If [...]read more