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What Happens When Every Day At Your Hotel Has The Same Rate?

A new client needed some help with revenue management. I recorded his occupancy and rate for each day until the end of the year and noticed that every day had the same rate. This caused the times of high demand, his weekends, to fill up too quickly which means he was passing up revenue, and […]

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Videos

My 4-Step Process for Daily Revenue Management

Hoteliers and college students alike reach out to me because even with all the information they have access to, they’re just not sure where to start when it comes to revenue management. There are lots of fancy software that do some really impressive things, but even without using these it is possible to apply effective […]

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Videos

How To Increase Revenue At Your Lodging Property Even When You’re Short-staffed

Someone sent an email to me at Chris@HotelRevenueMan.com asking how to increase revenue at his property. This was my response: “The most effective thing you can do to increase the revenue (and more importantly the profit) at your property is to price rooms based on demand. That means lowering rates during times of low demand […]

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Blog Posts

How Do I Increase My Tripadvisor Score?

A hotelier just reached out to me this morning asking how they can go about increasing their tripadvisor score and I shared the following strategy with him. I thought it could be a benefit to others too, so I wanted to share it here. Thanks for reading and sharing! Feel free to reach out if […]

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Blog Posts

A Revenue Manager’s Travel Predictions for Summer 2020

China was the first domino to fall in this disaster, and even 13% there plan to travel within the next 3 months. I think this attitude will spread across the world as other areas continue to recover.

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Blog Posts

Using VOIP To Lower Your Hotel’s Telephone Bill

I recently came across this company that takes hotel’s (and other businesses’) traditional phone lines and transfers them to the internet. There is little-to-no upfront cost, and the savings are often 40%-60% per month. Feel free to reach out to me and I can get you in touch with someone at the company who can […]

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Blog Posts

How To Quickly Get 1,000 Raving Fans

Longitude hospitality branding company recently posted an article I wrote about how to quickly get 1,000 loyal followers. The examples I used were specifically for restaurants, but the basic principle of “giving to access others’ networks” works for any industry. You can see the full post by clicking here. If you’d like to see how […]

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Blog Posts

How to Lower Operating Expenses at Your Lodging Property

Click the following link to see a post I wrote for Longitude hospitality branding company. In this write-up I share some specific strategies hotels can use to lower operating expenses.

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Blog Posts

10 Commandments of Hotel Culture

Longitude hospitality branding company reached out to me and asked me to write a post for their site. This post gives a very practical exercise you can use to begin to set the culture for your hotel, restaurant, or business. You can see the post on their site by clicking here.

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Blog Posts

How to Decrease Your Hotel’s Electricity Bill 10-15% Per Month

As a hospitality consultant, I’m constantly looking for ways to help my clients increase profit. One way to do this is to decreases expenses. In my search to find new ways to save my clients money, I came across a company named C3 Green Energy LLC. They have a world-wide patent on a piece of […]