Tag: revenue management strategy

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.

With the wrath of COVID-19 halting travel globally, it is imperative that revenue managers think strategically. The tools, strategies, and technology we once used may no longer apply and work the same way. With the future unclear, the data we relied upon to make informed decision is now irrelevant. As demand changes drastically, so should our discussions about a hotel’s