As a hotelier, it’s important to understand all aspects of your business to make informed decisions that will improve your bottom line. REVPAR is one metric you should be tracking for this very reason. RevPAR is short for Revenue per Available Room. It is a performance metric used in the hospitality industry to measure a […]

Black Friday, a day synonymous with massive discounts and deals, marks the beginning of the busy holiday shopping season. It’s a significant event for businesses, especially those in the hospitality industry. The surge of shoppers looking for bargains provides a unique opportunity for hotels to increase their occupancy rates and revenue. Here’s everything you need […]

In today’s competitive hospitality industry, it’s crucial to stand out by providing unique and appealing packages that cater to the different needs and desires of your clientele. Whether it’s a romantic getaway package for couples, a family adventure package, or a wellness retreat for individuals seeking a rejuvenating experience, we have you covered. In this […]

In recent years, the rise of online travel agencies (OTAs) has had a significant impact on the hotel industry. While OTAs offer numerous benefits, such as increased visibility and access to a broader audience, the relationship between hotels and OTAs is not always straightforward. In this blog post, we will examine the dark side of […]

Revenue management is paramount in the hospitality industry, particularly for hoteliers. In a highly competitive market where customer behaviour is continually evolving, revenue management practices and strategies can provide insights into optimal inventory allocation, pricing, and distribution. Consequently, hoteliers that adopt revenue management best practices can increase profitability, efficiency, and competitiveness in the market. This […]

As a hotelier, your ultimate objective is to guarantee the success of your establishment. A vital aspect of accomplishing this goal is to effectively price your rooms. Dynamic pricing, particularly for last-minute bookings, can have a substantial impact on both your revenue and the satisfaction of your guests. So, let’s dive in and explore some […]

In the highly competitive world of hospitality, nailing the perfect price for your hotel rooms is no easy feat. It’s a delicate balance, considering the ever-changing demand and a whole host of other factors. But fear not, because Preno’s Last Minute Pricing tool is built to help. This new feature gives your hotel a competitive […]

Effective pricing strategies are crucial for the success and profitability of hotels. In the highly competitive and ever-evolving hospitality industry, selecting the right pricing approach can make a world of difference. Dynamic pricing and fixed pricing are two prominent strategies that have gained traction in the hotel sector. In this comprehensive guide, we will explore […]

If you’re in the hospitality industry, you understand the pain of vacant rooms. Every empty room is lost revenue, and in a competitive market, it’s crucial to ensure maximum occupancy while maintaining reasonable rates. That’s why we’re excited to introduce Preno’s latest addition to our Dynamic Pricing suite: Last Minute Pricing. This proactive tool reviews […]

Revenue management is a crucial aspect of any hotel business, as it directly impacts the overall financial performance. To effectively manage revenue, hoteliers need to have a thorough understanding of their business operations and be able to track key performance indicators (KPIs). These KPIs provide valuable insights into the health of the business and help […]

The hotel industry has experienced a major transformation in recent years, mainly due to technological advancements. Revenue management has been one of the areas that has seen significant changes. This blog post examines the evolution of revenue management in hotels, the impact of technology, and the emerging trends and innovations that are shaping the future […]

As a hotel owner or manager, you know that repeat guests are crucial for the success of your business. Not only do they bring in steady revenue, but they also serve as brand ambassadors and boost your reputation. But how can you ensure that your guests return to your hotel time and time again? In […]