Top Ten Revenue Management Mistakes Hotels Can Make By Dr. Gabor Forgacs

If you don’t know where you’re going, you are never going to get there. In revenue management it is the same: if a hotel has no clear strategy, has no thorough understanding of its customers current needs and wants, it can’t anticipate market trends and it can’t tell how it measures up to its comp set, it is impossible to deploy the right revenue management tactics.

Revenue Boot CampSM Program – Designed to Dramatically Improve Revenue Capture During Today’s Economy

Baltimore, MD Aspire has announced program dates for it’s newly revamped Revenue Management Boot CampSM – Beyond RevenueSM The program focuses on how to drive revenues through increasing reservation sales conversion by 10 points, improving a hotel’s website capture by 15% and increasing GDS results by 15%. Aspire’s one-of-a-kind 3 day, Revenue Boot CampSM program … Read more

TravelCLICK Advises Hotels to Face Challenging Budget Period Head-On

CHICAGO–(BUSINESS WIRE)–Aug. 12, 2002–TravelCLICK, the leading provider of digital media and data solutions to the travel industry, today released advice to hotels for facing the challenging budget period head on, providing a list of marketing must-do's for every hotelier. The sluggish economy and lowered occupancies are especially challenging for hoteliers as they are tasked with … Read more

Choice Hotels Introduces New Electronic RFP Portal Streamlining Meeting Planning Process

Silver Spring, MD (November 1, 2002) — With the redesign of Choicehotels.com, Choice Hotels International (NYSE:CHH), introduces an electronic request for proposal (RFP) designed to streamline the planning and booking process for travel coordinators, conference organizers, meeting planners or individuals organizing a meeting or group event. “Despite the changing times, Choice recognizes that people still … Read more

Shimmie Horn Launches Triumph Hospitality Iroquois New York, Le Marquis, Washington Jefferson Hotel, Hotel Belleclaire

New York, NY—Four modern and welcoming Manhattan hotels owned by 29-year-old Shimmie Horn have been completely renovated and grouped under the Triumph Hospitality brand, which provides visitors with the best of everything New York has to offer. The Triumph Hospitality brand of hotels includes the luxurious Iroquois New York (49 W. 44th St., 212-840-3080), a … Read more

Emily Morgan Hotel Undergoes Renovation -Historic Hotel Next Door to Alamo Will Unveil New Look

May 2002 (Newstream) — The Alamo's famous next-door neighbor, the historic Emily Morgan Hotel, is entering the final phase of an extensive renovation – including the creation of an entirely new restaurant experience – that promises to propel the landmark property to new heights of upscale and updated luxury. As we enter the busy summer … Read more

Winston Hotels Fine Tunes Portfolio With Two Transactions – Steps Up Acquisition Efforts

Sells Clearwater, Florida, Comfort Inn and Purchases West Des Moines, Iowa, Property in Joint Venture Winston Hotels, Inc. (NYSE: WXH), a real estate investment trust (REIT) and owner of premium limited-service, upscale extended-stay and full-service hotels, today announced that it has sold the 120-room Comfort Inn Executive Center in Clearwater, Fla., to a privately held … Read more

Island Outpost Showcases New Image At New York Party; Re-Designed Website Launched With Campaign

MIAMI BEACH, Fla.–(BUSINESS WIRE)–Nov. 22, 2002–Island Outpost, celebrating 10 years of providing one-of-a-kind experiences for guests in Miami Beach and the Caribbean, announces a new branding campaign, as well as numerous improvements as the high season begins. The campaign was announced and showcased at a reception for media and travel industry professionals at founder Chris … Read more