ahmed mahmoud
What Hospitality Statistics Mean to Your Hotel Business?
Ahmed Mahmoud | January 31, 2022
By Ahmed Mahmoud The hotel industry is subdivision of the hospitality industry that specializes in providing customers with lodging services. There are a variety of hotel types that typically can be categorized by size, function, service, and cost. Levels of service can usually be split into three options: limited-service, mid-range service, and full-service. However, some consumers may be more familiar with the star rating system, with one being the lowest rating and five being the highest. When it comes to function some of the categories include business, casino, spa, extended stay, bed & breakfast, and more. In recent years, more an...
How to Get Revenue Management Right for 2022
Ahmed Mahmoud | December 16, 2021
By Ahmed Mahmoud As vaccination programs continue to find success against Covid-19, lockdown policies are easing, and hotels are reopening. Tentative steps are being made toward the resumption of international travel – there is now significant domestic leisure travel taking place in a number of countries. With consumers starting to make travel plans, hoteliers should begin preparing their strategy for reopening and a wider recovery. Like most hotel departments, revenue management changed dramatically in light of the last two years’ unprecedented challenges. Established processes were flipped upside down as demand dried up and histor...
How to Get Revenue Management Right for 2021
Ahmed Mahmoud | January 14, 2021
By Ahmed Mahmoud Here we are again with our yearly opinion article about how to get revenue management right for 2021. The last few months with the COVID-19 crisis made a clean sweep of the past decades of hotel revenue strategies. As of today, almost all of the experience acquired during these years has become nothing more than castles in the air. While it can be frustrating to dismiss such hard-earned and valuable insights, it can also be invigorating to start anew. By elaborating the right strategy, you can reopen your hotel on the rock-solid ground and differentiate yourself from the competition. While doing so, it is paramount to stay...
Why Now Is the Time for Hoteliers to Leverage Channel Manager?
Ahmed Mahmoud | January 23, 2020
By Ahmed Mahmoud Choosing the correct hotel Channel Manager is always a critical decision for hotels. There are many factors can be taken into consideration when you decide which channel manager to select for your hotel, it could be your hotel size, cost, time-saving, ……..etc. If you do not have the right channel manager that distributes your rooms in an organized way, you run the risk of double booking your rooms - resulting in unhappy customers, lost revenue, and even more wasted time trying to rectify the situation. In looking for the right channel manager for your hotel, hoteliers may start to ask themselves the below: ››...
Hotel ADR Rise vs Distribution Channels Cost, What Hoteliers Need to Calculate?
Ahmed Mahmoud | June 10, 2015
by Ahmed Mahmoud According to the latest TravelClick data launched early May 2015, Hotel bookings from individual business and leisure travellers spiked across a variety of digital channels in the first quarter of 2015, That includes bookings made through official hotel websites, online travel agencies (OTAs), and Global Distribution Systems (GDS). OTAs (which include Expedia.com, Hotels.com and Bookings.com) experienced the greatest jump in bookings, with a 15.1 percent increase compared to the first quarter of 2014. Reservations made directly through hotel websites also grew by 7.1 percent, year-over-year, while GDS bookings increased...
Beyond the Hotel Performance, How to Identify a Correct Hotel Competitive Set?
Revenue Your Hotel | June 1, 2015
by Ahmed Mahmoud Accurately identifying a competitive set is important for a hotel market study because the data provide both a more accurate perspective on a hotel's historical operating performance and a basis for projecting a hotel's future performance. The competitive set provides a context for understanding a hotel's relative occupancy, average daily rate (ADR) and the revenue per available rooms (RevPar) performance and also establishes a baseline for and constraints on the projection of a hotel's future operating potential. In essence, the determination of a competitive set allows for supply and demand trends in the market to be ...
Customer Experience Strategy for Hotels and How it can Generate More Revenues
Revenue Your Hotel | April 15, 2015
By Ahmed Mahmoud Customer experience as a concept is not alien to the hotel industry. Some might even suggest the hotel industry invented customer experience. With its star-ratings for establishing consistent product features to brand consistency as envisioned by many hotel chains, e.g., Marriot, Hilton, Intercontinental, hotel business has always been about creating positive guest experiences. Almost every consumer of the world has had some of his/her most memorable experiences in a hotel from weddings, birthdays, and conferences to prom nights and honeymoons. So what is this hype about customer experience and can a hotel generate mor...
Understanding the Role of the Hotel Revenue Manager
Ahmed Mahmoud | April 7, 2015
By Ahmed Mahmoud Revenue management has developed from yield management and market analysis, where it is not secret or a passing fad, but it is critical to maximizing a hotel's profitability, it might be "A dark science ... Combining high technology and black arts" The recent survey conducted by revenueyourhotel.com showing that there is a high link between RevPAR and profitability, indicates if the hotel take any actions to increase the RevPAR this will translate into improving the hotel's profit. This is what is 94% of the survey statistical saying. The survey includes some others statistics, finding out that 15% of key EBITDA hotels ...
1
Technology
2
Operations
3
Market Reports
4
Industry Happenings
5
All Things Independent
Today's News
Four Hotel Applications for NFTs
As 97% of Surveyed Hotels Report Staffing Shortages, AHLA Foundation Expands Recruitment Campaign
STR: U.S. Hotel Results for Week Ending 25 June
Terranea Resort to Introduce INTELITY Mobile Offering to Elevate Guest Experience
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.