Question...so this means that as long as you raised the rate it don't matter the OCC? In terms of profit?

i can not find the link the the pick up sheet or video as you mentioned in the video. Could you please help? Thank a lot

thanks, very useful video

Hello sir, helpful videis! Im struggling on forecasting😊, May I email you sir please

What about the extra income from inhouse guests from FnB and other sources?

One of the goats in this industry much respect

One of the goats in this industry much respect

One of the true goats in this industry!

Can the hotel cancel a non refundable booking closer to the arrival date.? It's quite obvious the customer doesn't have a choice once he agrees to pay the non-refundable rate. I'm curious to know whether it can happen the other way around putting the traveler in a quite stressful situation.

thank you for sharing - increased the room rate weekend - lower on weekday - what is the amenity adding to be confident selling the room rate double during the weekend?

www.youtube.com/@beboselections

www.youtube.com/@beboselections

www.youtube.com/@beboselections

I have a question about the pickup sheet. If I understand correctly, the upper row shows the dates when you record the occupancy. My question is, why is there a record on the 16th (98%) for the 13th which is already in the past? I'm asking because maybe I don't understand the whole concept of the sheet.

Actually i was looking for the Hubbart formula

This video you show $20 expense per rented room. Shouldn’t have been $20 per room (100 rooms). Because of fixed cost like electricity, water, tv cable etc.

great stuff!!

Good info from an Corporate Operational & Revenue Manager.

Nice. But its depand on meal plan and typ3 of property also. If a beach hotel where they don't have many restaurants nearby and guest booked on B&B, the working will change.

Great explanation 👍

I'm guessing this is to graph a 7-day booking window. Depends on your market though. Ours is last minute so 7 days out still gives you enough time to spot demand with enough time to react.

Nice strategy of using the rate to counter counter housekeeping ..#winwin

hi, i love your videos, why do you stop uploading? Hope you will keep uploading your videos in the future!

Hi there, our hotel also has a restaurant which generates 55% of our income (41% from rooms and 4% from activities and transport commissions). Most of our restaurant guests are from the hotel which means we get more income by having more guests staying in rooms . I am sure we are many with a similar business structure , could you please make a video about this particular case or get back to me by email at [email protected] ? Thanks a lot

How about getting low reviews when we sell our rooms too expensive during high demand ? Our standard may not match the high price but we sell out. It feels good short term but lower our image long term.

Very good channel

Amazing

Awesome tips!

yo revenue man your video’s are great! Im currently going to school for culinary and this is one of the classes. You’ve really made is seem easier to understand with your videos then the classes ever did. This is something I look forward to doing in the future. Appreciate it 🙌🏾 !!

Thank you so much. This video is so helpful.

Please note that there are "no parity countries" like Germany. So what you are explaining here may apply to the USA, but it does not apply to many European countries as demanding parity would be against certain consumer protection laws.

So you say "you never want to sell out before the day of arrival" in your videos. Are you saying the demand is the highest on the same day of arrival? Why is that? I have a particular problem with bookings coming in for the same day. For my motel, and many in my city, some people who book on the same day of arrival, or walk ins, have been the undesirable types. Like drug user, homeless, young adults wanting a room to party, even gang members. I do do my best to turn those types of customers away, like if they don't have proper credit cards or ID. I would rather have the room empty than take the risk. So I'm happy when I'm quite full and turn on the No Vacancy Sign (many other motels in my city will do this after a certain time in the evening) and even block the remaining rooms out on the channel manager. Do you think there is a different way I should be approaching this? I would definitely sell the room to genuine customers. Been watching your vids and like to hear the little tips that I may not have thought about before. Thanks!

😍😍😍

What is the total cost by the way?

can it be that there is a competition between different OTAs, so they change their own margin in order to get more bookings? more units x less earning per unit. in that case it has nothing to do with the hotel. the hotel can't go into fight btw different OTAs.

Do someone knows a good book to learn this?

Ｐ𝐫Ｏ𝕞Ｏ𝓢ｍ 😄

how to get the room revenue first to get the ADR?

fantastic basic intro to the subject. helpful first-step on that long road towards starting that business.

very helpful video. but I have a question, if we make all the weeks as same as friday schedule is it going to be same. i mean what if we do $110 for all the weekdays and weekends. Does our business going to be the same every day?

i will join anew resort operated since 8 year can you give me some tips to start with.

Excellent illustration!

I noticed you put “incremental”cost at the very end with the 400,000$. Did you mean to put “Actual Burdened”

Ty.

It helped me in doing my college assignment.Thanks allot.

Question, At 10x multiple that's $36,500 per room for a VERY nice hotel whereas at 1x it's $3,650 a room? is it really possible to buy a hotel for these prices? I have to be missing something because nobody in their right mind would build a hotel at minimum $100+ per sq ft with an average room is 400+sqft ($40,000) not including land, reception, hallways. Hotels that make zero profit cant be worth nothing.

How would I determine if revenue growth is attributed to rate increase or occupancy increase? - Thank you

What a great content! Very easy to understand. 👍🏼

Don't miss the opportunity to get more additional revenue in food & beverage, parking, wellness and many more services with higher occupancy.

Great stuff! I’m in sales and aspire to move to revenue team. This is helpful:)