What non-room revenue streams do you have at your hotel?
Non-room revenue can make all the difference when it comes to profitable operations in 2021. Each booking is an opportunity to capture more than just the nightly rate. The more optimized your operation is around total revenue generation, the stronger your performance will be!
Revenue management isn’t just for rooms. Each non-room segment has different profit levels. Prioritizing the most profitable revenue first gives you greater control over your performance — and ultimately positions you to maintain competitiveness in the marketplace. Here are 8 ideas for generating non-room revenue and building a more resilient (and profitable) hotel operation.