Back to the future!
How can hotels generate more revenue out of the same space? Strategically oriented and technology-enabled,
revenue management now targets such parts of the hotel as function space and restaurants, defining appropriate KPIs analogous to RevPAR in the rooms part of the business. Another avenue, writes Marion Roger of Dayuse, is to unleash RM technologies on so-called “micro-stays”, essentially monetizing vacant rooms during the day.About Dayuse.com:
Dayuse.com is the leading daytime hotel booking platform that allows customers to access hotels for "day
stay" at discounted rates up to 75% less than nightly rates. Dayuse.com helps hotel owners and operators monetize their latent inventory and turn it into incremental revenues. The company opens hotel doors to new, local customers as well as red-eye travelers and cruise passengers. Winner of the 2016 EY Award for Startup of the Year, Dayuse.com currently operates in 18 countries, offering more than 3,000 hotels across the globe. In January 2016, Dayuse.com closed a $17 million in Series A funding from leading Venture Capitalists IDinvest and Partech Ventures. More information on www.dayuse.com.