Thursday - May 6, 2021
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Based on the success of FunnelTV s Marketplace, Hospitality Net and funnelTV are teaming up in 2021 to launch a bi-weekly series of live streaming events exclusively covering revenue management and digital marketing in hospitality. Starting this April, The Revenuemanager events will serve as a platform for smart insights and transformative debate as we navigate a brand-new, re-invention environment for the global hotel industry.
IN THIS EPISODE:
TOPIC:
IS RATE PARITY OBSOLETE? - The discussion around the pros and cons of rate parity has been around as long as the OTAs. But what was the impact of COVID on rate parity, and is this still something hoteliers should focus on in 2021?
iAfrica 2 hours ago 3 min read
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With an ambition to continue its expansion strategy and consolidate its status as a leading network in hospitality education, Swiss-based Sommet Education, together with Invictus Education Group, are pleased to announce that Sommet Education has acquired a majority stake in Invictus Education alongside Invictus’ historical shareholders.
With this acquisition, Sommet Education will effectively double its worldwide footprint, increasing its global number of campuses to 17 from nine and increasing its capacity to 9 000 from 6 000 students.
Sommet Education CEO Benoît-Etienne Domenget, noted, “
The Sommet Education growth strategy leverages on acquisitions of local, regional and international hospitality education brands as well as adjacent and complementary business lines. Together with Invictus Education Group we w
Today
share this webinar
Based on the success of FunnelTV s Marketplace, Hospitality Net and FunnelTV are teaming up in 2021 to launch a bi-weekly series of live streaming events exclusively covering revenue management and digital marketing in hospitality. Starting this April, The Revenuemanager events will serve as a platform for smart insights and transformative debate as we navigate a brand-new, re-invention environment for the global hotel industry.
IN THIS EPISODE:
TOPIC:
BEYOND ROOM REVENUE - COVID has hit hotels hard. Is now the time to look at non-room, ancillary revenue? Where are the opportunities?
MASTERCLASS:
DON T JUST SELL, UPSELL! - A practical guide to upselling. Why is it necessary, in today s context, and how to make the best out of it for your hotel.
Managing Principal, ZS
Industry has been talking about moving beyond rooms revenue for decades. Concepts like Total Hotel Revenue Management have been extensively talked about, but not systematically acted upon. The pandemic forced operators to think very differently about the building, moving away from defined space usage, to a more flexible, need-based model. This forced innovation, and its (relative) success in generating revenue in difficult circumstances, will hopefully be the motivation to stop talking and start acting!
However, for this to become a true shift, the barriers that held industry back from achieving the vision pre-pandemic will still need to be addressed. Incentives will need to be realigned away from narrow function based goals like room nights generated, to more broad asset based goals like total profit or total revenue. Metrics will need to be developed that reflect these new goals. Access to more holistic data will be required, so that each de
How can hotels stand ahead of the curve when demand returns? – Hospitality Net World Panel hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.