revenue

For some hotels, the security of group income outweighs the potential revenue generated from transient bookings. But, some hotels prefer to wait and see

While both hotel operators and owners stand to gain from adopting the management fee structure proposed, hurdles are anticipated

In a world where data is king, it’s easy to get lost in a sea of information. With the right strategies, you can navigate your revenue ship to success

As we debunk these common myths in hotel revenue management, it’s clear that success in this field requires a nuanced and sophisticated approach

Hotel CEOs must understand their property’s fiscal year outlook to navigate decisively. This means addressing critical questions like:

Hear how XLR8 RMS leverages Artificial Intelligence to empower hoteliers with forecasting and price recommendation to business intelligence for revenue

5 case studies which can help hoteliers looking to optimize revenue, develop sophisticated pricing strategies and refine revenue management strategies

As hospitality digital marketing has progressed, so have the strategies and tactics used by hotels to overcome OTAs and drive direct bookings

What always surprises me is that revenue teams do not always understand their owners’ investment objectives and what their short or long-term objectives are

By offloading repetitive tasks to AI, revenue managers can focus on higher-value activities that require human expertise and critical thinking