revenue

Spain’s tourism triumph in 2023, with over 84 million visitors spending €108 billion—17% more than 2019—proves it’s not just about numbers but quality too. Hotel rates soared 14.9%, yet rising costs keep profitability below 2019 peaks. The real win? Balancing quantity and quality, with travelers splurging more on Spain’s upgraded accommodations and gastronomy. Challenges persist: boosting long-haul flights from Asia and the Middle East and enhancing employee training for elite service. Want to know how Spain can sustain this boom? Dive into the full article for the secrets of its tourism renaissance

Valentine’s Day transforms bars, hotels, shops, and restaurants into economic powerhouses, raking in a staggering $25 billion in the U.S. alone. From heart-shaped cocktails and rose-petal hotel suites to last-minute teddy bears and candlelit dinners, businesses capitalize on love’s cheesy charm. Curious how this romantic spectacle fuels commerce across industries? Dive into the full article to uncover the lucrative secrets behind Valentine’s Day’s multi-billion-dollar impact!

The 2024 Paris Olympics and Germany’s Eurocup are set to ignite economic booms, with Paris projecting up to $12.1 billion in gains and Germany expecting a $7.4 billion boost, fueled by tourism, infrastructure, and sponsorships. Historical successes, like London’s 2012 tourism surge and Germany’s 2006 World Cup windfall, hint at massive revenue potential. From job creation to long-term global visibility, these events promise lasting economic legacies. Curious about how these mega-events transform host cities’ economies? Dive into the full article to uncover the financial playbook behind Paris 2024 and Euro 2024

Branded residences are redefining luxury living, blending iconic brands like Four Seasons and fashion houses with opulent real estate to command 31.6% higher prices than non-branded properties. From New York to Dubai, this booming market has grown 170% in two decades, offering investors 36% price appreciation. Curious how wellness brands and celebrity collaborations are shaping this exclusive niche? Dive into the full article to explore the lucrative world of branded residences!

In a cutthroat hospitality market, hotels can’t rely on low prices alone—differentiation is the key to thriving. By crafting unique experiences, from themed stays to local partnerships, hotels can command premium rates and build loyal followings. Think curated wine weekends or tech-savvy rooms that cater to digital nomads. Want to know how storytelling and strategic USPs can transform a hotel into a guest magnet? Dive into the full article to unlock the secrets of standing out!

Hourly hotels are revolutionizing hospitality by offering flexible, budget-friendly stays for travelers, professionals, and locals alike. But in a booming market, standing out is crucial. From themed rooms and spa-like escapes to seamless tech and local partnerships, savvy hotels are carving unique niches. Curious how these strategies can tap into growing demand and avoid price wars? Dive into the full article to discover the secrets of thriving in the hourly hotel boom!

The beauty industry is missing out on untapped profits, but revenue management (RM) offers a game-changing solution. By adopting hospitality-inspired strategies like dynamic pricing, demand forecasting, and personalized packages, salons and spas can boost revenue by up to 20% while keeping customers delighted. From tiered memberships to data-driven decisions, RM transforms seasonality challenges into opportunities. Curious about how beauty businesses can balance profits and exceptional guest experiences? Dive into the full article to uncover the secrets of sustainable success!

A well-crafted menu is more than just a list of dishes. It’s a silent salesperson, a canvas for culinary creativity, and a key player in driving […]

Hotels are transforming guest stays into unforgettable experiences by prioritizing personalized, proactive customer care that drives ancillary revenue. A McKinsey study shows personalization boosts satisfaction by 10%, while tailored offers like spa treatments or dining packages increase spending. Technology, from mobile apps to loyalty programs, empowers guests to explore amenities seamlessly. Curious about how a customer-centric culture can skyrocket profits and loyalty? Dive into the full article to uncover the secrets of exceptional hospitality!

Outsourcing isn’t just handing off problems—it’s a collaborative powerhouse that unlocks expertise and shared success. At the Data & Revenue Camp, industry leaders like Benjamin Devisme revealed how hotels misstep by expecting vendors to “fix” issues, missing the chance for true partnership. Harvard Business Review and Deloitte show that clear communication and shared goals turn outsourcing into a strategic advantage. Curious how collaborative outsourcing boosts efficiency and innovation? Dive into the full article to discover the future of business success!

Hotels are unlocking new revenue streams by borrowing airline tactics like personalized upgrades, tiered pricing, and bundled packages, boosting profits by up to 35%. From tailored spa deals to dynamic room rates, these strategies transform guest experiences into financial wins. Airlines raked in $109.5 billion from ancillaries in 2019—can hotels match this success? Curious about how technology and data drive these gains? Read the full article to discover the secrets of skyrocketing hotel revenue!

AI is transforming revenue management from number-crunching to strategic oversight. ChatGPT itself admits it can’t fully replace human intuition or crisis leadership. Soon, revenue managers will shift from manual tasks to defining and supervising AI-driven strategies. this paradigm—machines handling mental labor—demands we embrace AI to stay competitive. discover why mastering AI collaboration is your ticket to leading the next era of hospitality.

Discover how restaurants are revolutionizing profitability with cutting-edge strategies like menu engineering, the BCG Matrix, and dynamic pricing. Learn how Eataly and Chez Panisse boost revenue by up to 15% through savvy menu design and real-time price adjustments. These innovative approaches optimize high-margin dishes and customer flow, transforming dining experiences. Curious about the data and real-world success stories behind these methods? Dive into the full article to uncover the secrets of restaurant profitability!

Jim Collins' Good to Great offers timeless principles that hospitality businesses can harness to elevate from merely good operations to truly exceptional ones. By identifying their Hedgehog Concept—where passion, excellence, and profitability intersect—hotels and hospitality brands can define a focused path to greatness. Cultivating Level 5 Leadership ensures that humble, yet fiercely committed leaders guide the organization with integrity and resilience. Through the Flywheel Effect, consistent and disciplined efforts across service, operations, and culture build unstoppable momentum. Most importantly, by putting the “right people on the bus” before strategy, hospitality organizations can adapt, thrive, and lead with a team aligned in vision and values—delivering guest experiences that inspire loyalty and distinction.

There was a recent discussion on LinkedIn about the need for maintaining rate parity in hospitality and its implications. Just to clarify for the non-revenue management […]

Descubre el nuevo libro de Pablo Torres y expertos sobre ingresos adicionales en hoteles y más. aprende tácticas prácticas con más de 100 casos reales que transformarán tu estrategia. desde ia y automatización hasta experiencias personalizadas basadas en datos. ideal para revenue managers, gerentes y emprendedores que buscan crecer. sumérgete en esta guía de 5 estrellas y revoluciona tu negocio hospitality.

Los avances tecnológicos han hecho que sea muy fácil ofrecer servicios complementarios y brindar experiencias sin interrupciones centradas en el móvil. Integrar herramientas de upselling en sitios web y apps para sugerir mejoras de habitación, tratamientos de spa o recorridos locales es ahora sencillo. Las aerolíneas ganaron más de 109.500 millones de dólares en ingresos complementarios en 2022, lo que muestra el enorme potencial de esta estrategia. Alimentos y bebidas, salud y bienestar y experiencias locales son áreas particularmente lucrativas para los hoteles. Para Pablo torres, una de las herramientas más poderosas es el uso de datos para crear ofertas hiperpersonalizadas según las preferencias de cada huésped.

The belief that maximizing occupancy is the key to hotel success is outdated; instead, revenue managers should focus on strategic pricing to optimize revenue per available room (RevPAR) and overall profitability. By leveraging data-driven insights and modern revenue management systems, hotels can confidently increase average daily rates (ADR) without relying on full occupancy, attracting higher-value guests who spend more on ancillary services. This shift from occupancy-centric thinking to profit-oriented strategy is essential for long-term success in a competitive hospitality market.

descubre la expansión del global revenue forum a madrid y ámsterdam el 4 de junio de 2025. evento líder en revenue, e-commerce, marketing y sostenibilidad que llega a dos capitales europeas. únete a expertos, líderes del sector y empresas top para compartir innovación y mejores prácticas. aprende a optimizar ingresos y rentabilizar tu hotel con talleres, paneles y networking de alto nivel. no te pierdas esta oportunidad única de llevar tu estrategia de revenue al siguiente nivel.

Last-minute discounts can fill empty rooms but erode guest trust. savvy consumers notice last-minute slashes and push you toward otas. relying on heavy discounts hurts loyalty and punishes early bookers. better to offer bundles, flexible bookings and value-added perks. discover smarter strategies that boost revenue without devaluing your brand.

In hospitality, a guest-centric approach—driven by personalization, proactive engagement, emotional connection, and data insights—unlocks significant ancillary revenue potential. By anticipating guest needs and seamlessly integrating tailored offerings throughout the entire guest journey, hotels can enhance satisfaction, increase spend, and foster long-term loyalty, turning exceptional service into lasting profitability.

madrid se viste de gala el 4 de junio de 2025 con la llegada del global revenue forum. líderes en revenue management, marketing y sostenibilidad de amsterdam, parís y madrid conectan en simultáneo. descubre cómo la ia y la tecnología están redefiniendo la rentabilidad hotelera. disfruta de una noche de lanzamiento en el hotel emperador durante fitur con cocktail dinner exclusivo. no te pierdas esta oportunidad única para impulsar tu estrategia y hacer networking de alto nivel.

See why location-based pricing fits right into classic segmentation strategies. By tuning rates to local purchasing power, you match demand elasticity perfectly. affluent markets can support premium pricing, while competitive rates boost weaker regions. with clear communication and added perks, you avoid fairness concerns. leveraging analytics and tech ensures a seamless, customer-friendly rollout.

madrid se viste de gala el 4 de junio de 2025 con la llegada del global revenue forum. líderes en revenue management, marketing y sostenibilidad de amsterdam, parís y madrid conectan en simultáneo. descubre cómo la ia y la tecnología están redefiniendo la rentabilidad hotelera. disfruta de una noche de lanzamiento en el hotel emperador durante fitur con cocktail dinner exclusivo. no te pierdas esta oportunidad única para impulsar tu estrategia y hacer networking de alto nivel.