The global pandemic has really changed the way the world works at present. While the tourism sector’s numbers seemed promising prior COVID-19, the strategies in flattening the curve such as community quarantine, social distancing protocols, and mobility limitations created restrictions that challenged the operations of the hospitality industry.
In a webinar recently conducted by Enderun Hotels entitled, “A Pragmatic Approach to Hotel Revenue Management”, participated by thought leaders and key industry experts, it was discussed how hoteliers and hotel managers can effectively deal with revenue management solutions, apply the best strategies for success, and improve revenue streams for business recovery.
To effectively maximize revenues, hotel properties should sell the correct product to the correct customer, at the correct price, through the correct channel, and at the correct time. By product itself, it does not only pertain to hotel rooms but also the services that come along with it.
Every single business can always optimize their strategies in a more efficient way. Hotel owners and managers should rethink current revenue strategies and refresh for the new normal. It is also necessary to start thinking strategically than before to find these opportunities.
Enderun Hotels’ primary focus is to engage local independent hotel and restaurant owners and enable them to compete with the major players in the hospitality industry. As a hospitality management solutions provider, it delivers targeted solutions that boosts hotel operations, sales, marketing, and revenue management.
Read the feature article on Metro News Central.