Tuesday 29 April | 10:00 - 11:30am
The hotel industry is facing a pricing challenge. As profits are squeezed with rising costs of employment and a reduction in consumer spending, how do you stay competitive while maintaining healthy margins in today’s climate?
The Caterer’s expert-led Maximising Revenue Summit will equip hoteliers with tools and strategies to optimise pricing for maximum profit and guest satisfaction. Don’t miss out on this chance to learn the market trends that are driving bookings, how the landscape has changed when it comes to price-point, and ways to provide extra value for operator and guest.
Join the Maximising Revenue Summit from The Caterer to learn how to:
- Navigate the changing landscape of hotel performance across the UK, with analysis of regional room rate and occupancy
- Enhance your value proposition to justify price adjustments and delight guests
- Mitigate tax increases without compromising your offering
- Master cross-selling to improve the guest experience and your bottom line
Maximising Revenue Summit Agenda
James Stagg, editor, The Caterer
Michael Grove will share how hotels across the country have performed in the last 12 months, analysing revenue across all departments to provide a complete picture of booking trends and business performance. He will explore what’s driving growth and where operators should focus their attention to ensure they are maximising profitability.
As inflationary increases continue to have an impact across hospitality, with staffing costs under particular strain, our expert panel will consider how to enhancing your value proposition to keep up with these rises. They will share how they are building a strategy to protect margin and developing new ways to retain their competitive edge, while also delivering value for an ever more cost-conscious guest.
- Why rate-growth will continue to feature in 2025
- How to offset costs beyond constant price rises
- Ways hotel operators are looking to boost productivity
- Practical upgrades to makes to deliver a competitive edge
- The areas in which capital expenditure delivers the best return