For many people, COVID was a harsh reality and hotels have also suffered. Personally, I have known many hotels and people working in hotels suffer from the effects of lockdown and closure. However, with the business restarting, it is a good time to rethink the sources of business in your hotel and diversify your hotel …
In an uncertain world, your ability to forecast hotel revenue for the future will help you plan and control your expenses. The pandemic has thrown out budgets out of the window. With occupancies and revenue tumbling all across the globe, hotels have scrambled to improve revenue and save cost. Some cost saving measures have been …
Before we address the question of how to set the compset for your hotel, let us understand what is a Compset. A group of hotels that your hotel may wish to compare results with so that you know if you are doing better or worse than them. However the compset has a limitation of only …
In this episode of the Clarifiedbetter Show, we speak to Pawan Charak who explains the benefit of tying up with the OTA and how to leverage that relationship.
Hoteliers have a love hate relationship with OTA but they fail to properly work with the market managers to make sure they get their fair share of business.
Commercial leader and Business Strategist with 13 years of Revenue maximization experience. About Prakhar With over 13 years of experience in Revenue Management, Prakhar has donned many hats. As someone who closely manages more than 600 + rooms in his portfolio, he understands really well the importance of having a good reputation for your hotel. …
How to manage your online reputation with Prakhar Garg Read More »
While you have a running hotel with history and forecast to back you up, you will have information to help you with setting the best available pricing for your property. However if you find yourself in a situation of opening the hotel or reopening the hotel as is the case for most of you after …
How to set the Best available rate for your hotel? Read More »