Online Hotel Management System
Yield management is a significant part of your hotel’s revenue management. It helps you sell your rooms at the right rate to the right customer at the right time. Know how to use yield management for better profits.
Average Daily Rate is a crucial factor that defines the overall revenue of your hotel business. In this blog, you will understand the what, how and why of ADR, along with strategies to set the most profitable ADRs.
Along with occupancy and ADR, RevPAR is a key parameter that is responsible for higher revenue. In this blog, you will learn about Hotel RevPAR, how to calculate it and strategies to increase it.
Taxation is one of the primary sources of revenue for the Indian government. Without the tax, it will be difficult for them to fulfil the demands of the nation. Tell me, what comes to your mind every time you hear the word tax? I know it’s “how do I save my money?” (it goes without … Read more GST for Hotels: Here’s Everything You Need to Know
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