telephone

0191 301 7656

Top 5 reasons your hotel needs Revenue Management

Running a hospitality business is tough, making sure your hotel is running smoothly whilst the table cloths remain white can be a major challenge if you haven’t got the time or skills to look at revenue analysis properly. Below you will find the top 5 reasons any hotel should use revenue management solutions within their business model. Continue reading...

Hotel revenue management, data responsibility and customer profiling

In a new era of data responsibility, Hotel Revenue Managers need to ensure they have compliant and purposeful strategies for data capture and customer profiling Continue reading...

Get funding for business improvement initiatives and special hotel projects

Octopus Revenue can help you to access up to 40% for business improvement projects. Continue reading...

Website Performance: strategies to ensure that hotel websites are optimized to drive direct sales and maximise profits.

Revenue managers can advise on appropriate strategies for a particular hotel, but it is important that the focus of the website is on improving the customer experience and reacting to evolving customer expectations.   Continue reading...

Social Media and Hotel Revenue Management: time to reflect.

Is it time to re-evaluate what we think we know about social media? Continue reading...

Driving direct sales through revenue management: how to compete with the OTAs

Despite the on-going challenge of rising commission costs, there are a number of Revenue Management strategies that can help generate direct bookings and side-step the dominant OTAs. Continue reading...

Will Revenue Management Technology Replace People?

What do recent developments in artificial intelligence mean for those involved in hotel revenue management? Will machine learning and automation replace the need for human intervention? Continue reading...

Revenue Management versus Profit Management

Revenue Managers today are taking a much broader view on the business and not just solely on accommodation revenue. Continue reading...

Revenue Management for Restaurants

Quite often, a hotel restaurant can contribute anything up to 30% of the overall revenue for a hotel, especially if there is more than one outlet.  Whilst we know, understand and apply revenue management practices to influence accommodation revenue, how can we translate those practices in order to positively improve our revenue contribution from our restaurants?  An area that perhaps may be overlooked. Continue reading...

What do Hotel Revenue Managers do?

In our ever evolving world of hotel revenue management, we are often asked this question.  So what do Revenue Managers actually do? Continue reading...

The trends shaping hotel revenue management training

In the ever-changing world of the hospitality industry, how can you keep ahead of the curve? Make sure your hotel revenue management training is ready with Octopus Revenue. Continue reading...

A full hotel doesn't always equal more profit: Good revenue management is key

Getting the balance right between occupancy and average rate is a key revenue management strategy for any hotel. Continue reading...

Should flash sales be part of your hotel revenue management strategy? The pros and cons

Whether you're a fan of flash sales or not, they're here to stay.  So before you embark, consider the pro's and con's carefully. Continue reading...

Maximise your business - why all hotel managers should have revenue management training

Revenue management is such a key factor in a hotel’s success, good hotel managers must, as a minimum, have at least a basic grasp of what hotel revenue management entails, its concepts and purpose. Continue reading...

Revenue management speak: RevPAR, ADR, RGI - what does it all mean?

Baffled by all the jargon that revenue managers seem so fluent in? You’re not alone! Read on and let the Octopus Revenue glossary of revenue management speak help you. Continue reading...

How to close the skills shortage in hotel revenue management

With roles being centralised, a lack of resources, and a greater demand for staff, there is an undeniable skills shortage in hotel revenue management. Find out how we can help. Continue reading...

The importance of revenue management for your hotel

As costs continue to rise, focusing on revenue management practices is more important to hotel profitability than ever. Read on to learn how good revenue management practices can help to tackle rising operating costs. Continue reading...

How pricing strategies can be part of your revenue management solutions

Read on to discover the key elements of a clever pricing strategy and how incorporating them into your revenue management strategy can help to boost your business. Continue reading...

What is revenue management and how could it boost my business?

What are the basic principles of revenue management? and can it really boost my business? Continue reading...

Alison Hewitt joins our team at Octopus Revenue

We are delighted to welcome Alison Hewitt to our revenue management team. Continue reading...