Why Hotel Revenue Management is Bigger Than Just Average Room Rate

Knowing how to effectively manage your hotel’s revenue strategy and system is a much more complex business than simply keeping track of your average rate per room. Relying on an increasingly sophisticated range of metrics and processes, understanding the process is a step towards driving your hotel towards bigger and better success. Use better targeting […]

How to set Your Independent Hotel Apart From the Competition in 2018

The hotel landscape is ever-changing and evolving, and in 2018 standing out from the crowd can seem more complicated than ever before. Your independent hotel has an immediate benefit compared to many larger chains, if you can learn how to identify your own unique selling proposition (USP) and shape your hotel so it gets noticed […]

Tom Magnuson’s 7 Rules on Being a Successful Hotel Manager

Tom Magnuson, CEO of Magnuson Worldwide

Managing a hotel is no easy business. With increased competition and ever-shifting success indicators, it can be difficult for hotels to stay afloat, let alone thrive. Here, Magnuson Worldwide founder Tom Magnuson shares his top 7 rules for managing a super-successful hotel, no matter what obstacles are in your way… 1.Lead and Innovate Innovation is […]