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Here we are in Spring 2021! COVID is slowly fading as more and more of us get vaccinated, and occupancies are ever so slowly creeping back up to levels that are at least vaguely reminiscent of what we used to call “normal”.   Make no mistakes about it though, the bombshell that was COVID forever changed the landscape of revenue

An accurate, relevant rate shop is one of the most important tools that a revenue manager can have in their arsenal. In this blog we’ll share the best ways to set up your rate-shop competitive set!   Here are some of the factors you should weigh when assembling a compset   Proximity – How close are your competitors? As a

In 2020 we had a lot of fun putting together our “Travel Tuesday” and “Friday Fact” Series – scroll through to see all of the interesting facts we learned throughout the year of 2020!     Austrian Citizens have the most vacation time of any country. Austrian workers get a legal minimum of 22 paid vacation days a year and

RevPAR is the Hallmark index of hotel revenue management because it is all encompassing; RevPAR incorporates both occupancy and ADR into one, easily digestible number.  The RevPAR, or Revenue Per Available Room equation is as follows:   Room Revenue / Rooms Available for Sale = RevPAR or Occupancy % * ADR = RevPAR    RevPAR is so useful because it

Inventory Restrictions There are several different ways to restrict what kind of reservations you receive at your hotel.  The most broad and indiscriminate is a property wide restriction or ‘House’ restriction.  The most common are Minimum length of stay restrictions, Maximum Length of Stay, and ‘Close-to-Arrival’ restrictions, although there are other, more rarely used restrictions such as Closed to departure.

Every year, Kriya RevGEN sends out a client satisfaction to all of our wonderful clients to give us invaluable feedback on how we can further improve our service and reporting. In order to sweeten the deal a bit, everyone who completes a survey is entered to win a $100 Amazon gift card, and we’re proud to announce that this year Debbie

Pricing Models   There are multiple pricing models currently in use in the world of revenue management.  Each model has its benefits and drawbacks and while there is no ‘best’ pricing model, each one is fascinating to learn about and helps develop your analytical thinking and problem solving skills as a revenue manager.          Traditional Model (“rate

Here they are! Our best Hotel Revenue Management Memes of 2020!                                                                                                  

Throughout 2020 we shared lots of one-page learning series to help you learn more about revenue management, but also tips and tricks on how to maximize your revenues. Just in case you missed any, check out this compilation of everything we put together!   In December we showed you how to boost ancillary revenues at your hotel:      

Have you ever needed a guide that you can share with your front desk teams to help them improve coding and be more confident when offering the various government rates? If so, then share this guide on your next revenue call to help clear things up!   Click here to download a pdf of our Government Cheat-Sheet   In case