The key to being successful in revenue management is following data trends closely to set the right price for the right guest, AI is perfectly suited to support this hotel function

With continual change In traveller behaviour, it is more imperative than ever that hotel sales and marketing are aligned around transient and group business

Digital marketing is a necessary investment to bring our direct channel to where our customers are and achieve the highest possible sales volume

Like with any demographic, luxury travel shoppers require a dedicated approach to drive the consumer from consideration to purchase.

Hoteliers often upgrade their highest-paying guests or loyalty members . While this tactic can help maximize room occupancy, it’s not the most revenue maximizing option

Profitability management is about balance. This holistic approach aims to secure not just short-term gains but long-term growth and financial stability

AI-powered revenue management for hotel restaurants relies on Dynamic Pricing, taking into account numerous inputs to maximize occupancy at optimal prices

These 3 KPIs provide a clear view of a hotel’s potential and are pivotal in crafting strategies that align evolving market dynamics and customer preferences

Sales and revenue managers goals must be clearly stated, mutually aligned with hotel revenue and profitability metrics, and agreed by the hotel GM

This article is about strategies that could lead to link building opportunities, creating relationships and turning those relationships into opportunities