Mother offer, father demand and son price: how revenue management consultations influence the cost of a hotel room
Have you ever wondered why the price of a hotel room changes so often and sometimes seems unpredictable? Revenue management consulting, more and more central in the hotel sector, helps each hotel to pinpoint the ideal price for maximising profits. Understanding how this process works will allow you to appreciate how sophisticated the work lying […]
The Inductive Method = The success of Revenue Management
Today I’d like to share with you a subject that’s particularly close to my heart, and I mean how the inductive method could transform your hotel’s results.
FTI Touristik Failure: Report of an announced death
Tour operator failure. The world of tourism once again finds itself before the fall of a tour operating giant. The Munich court has launched insolvency prceedings for FTI Touristik GmbH, the second biggest German tour operator after Tui and the third in Europe in turnover (4.1 billion Euro) and traffic volumes, with 7 million clients. Franco […]
Overtourism: Between (false) alarms and opportunity
Tourism represents one of Italy’s main sources of income. Despite this, debate around this sector often oscillates between euphoria over the economic potential and worry over the phenomena of overtourism. This contrast generates not only confusion, but also reactions contrary to the country’s sustainable tourist development. It is, then, crucial to find a balance to […]
