"Life is like riding a bicycle. To keep your balance, you must keep moving" Albert Einstein

Sorry Mr. Einstein, I will borrow your quote for a moment and will make a small change: "Revenue Management is like riding a bicycle. To keep your balance, you must keep moving"

This week I would have the pleasure meeting Netherlands hoteliers at Independent Show in Amsterdam...#IHA19 I couldn´t find a better quote to dedicate for them like this one. In the end, who better than them knows how to ride a bicycle... :)

Millions of tourists in the Netherlands

According to the Netherlands Board of Tourism and Conventions (NBTC), the number of foreign tourists in the Netherlands is set to soar in the coming years. In 2017, 18 million tourists from abroad visited the Netherlands. In 2030, this number is expected to have skyrocketed to 29 million! If these forecasts are correct, that means that tourist numbers will have increased by 60 percent in just 11 years. Foreign tourist numbers are not the only ones expected to rise. The NBTC predicts an increase that the number of inland tourists will increase from the 24 million last year to 31 million in 2030 (read more...)

Market intelligence tool for your hotel, some tips you should know to benefit from it.

In a dynamic market, such as Netherland, it becomes "a must" using high-quality market intelligence tool. Every year, hoteliers on these destinations have to deal with the new market trend, changes on guests behaviours, changes on distribution channels and most important demand change. Revenue Managers cannot trust anymore only on past data in a scenario where almost everything changes day by day. To keep their balance they need to keep moving, looking (daily) at their market data. Here are some tips on how HQrevenue can support you:

• Real-time rates, for the next 365 days (+25 OTA-s, BRAND.com and Meta-search)
•  Parity check rates across all your channels and easily spot any deviations from your brand.com (avoid booking basic and co. disparity in less than 30 seconds check)
• Room mapping will help you to optimize your pricing strategy at a product level or rates (this goes for all properties with different products such: hostels, boutique hotels, luxury etc)
• PMS - Market Intelligence integrations, helps you to check immediately your daily occupancy for the next 365 days and pick-up "on the book" within the last 1-30 days
• Area demand, a game changer! Create hotel clusters and monitor specific macro markets in your destination (this is very useful for properties in cities near Amsterdam such Den Haag, Utrecht, Rotterdam. You can create a cluster of hotels within Amsterdam Area Demand module and discover proactively the highest demanded days of this cluster)
• Last but not least, weather forecast, events and worldwide holidays all in one screen will complete your BIG picture of your market.

Want to know more about?

Please feel free to visit us at Independent Show Amsterdam 8-9 May,

Booth C 30 Hall 5 #IHA19 #revenuemanagement #HQrevenue

For a personalised demo or appointment click here.

Erjon Gorani

Business Development Manager 

HQ plus GmbH - maximize your revenue now

Ullsteinstraße 130 Turm B | 12109 Berlin – Germany