technology

Different booking patterns, changing guest preferences and new technology come together as hotel revenue managers work out room rates as well as upgrades

Travel executives are thinking through the implications of the latest iteration with the race between Microsoft-funded OpenAI’s ChatGPT and Google’s Bard

This is a shining example of how the power of technology and human interaction can create a memorable experiences. Sadly, this is the exception.

Hoteliers can bring their focus back to guests by reducing tasks from their ever-growing to-do list by opting to use automated solutions

It is first necessary to take a step back and evaluate the technology platforms already in place before strategically building upon them

Manual tasks take up a large amount of time for most revenue managers. Not only that, but many of these are done using unwieldy spreadsheets

Fully understanding and optimizing your search and booking data is critical for driving revenue and strengthening engagement with travelers

Revenue management automation has been around for a number of years now. However, we now need to start thinking about automation at a higher level

If I already have a yield management solution (either as a stand-alone or built into my PMS), why do I need a revenue management system?

In the hyper-competitive hospitality market, hotel pricing must be more strategic. Fortunately, this is where AI revenue management comes in