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

This discussion recognises the challenges faced by independent properties in managing pricing strategies manually and how automated pricing systems can help

We thought it would be interesting, to get a perspective on the direction of travel for revenue management, and the part an RMS or pricing solution can play

The revenue trend insights presented here offer a glimpse into the key drivers that are shaping the hotel industry’s financial landscape

While AI and natural language models like ChatGPT are still in their early stages, it’s already worth exploring the benefits they offer

Strategic use of competitive hotel rates in revenue management is a powerful tool to drive revenue growth and foster business development

If you do it right, a Cluster Revenue Manager, can help you manage costs, increase efficiency and boost revenue.  But it comes with its own set of challenges

Depending on your property, guest demographics and demand patterns in the market, stay restrictions can be a great way to boost your revenue

They had previously used a tiered pricing model so they would only modify ticket prices to predefined price points based on the number of tickets sold

Within the field of revenue management new AI-based solutions can provide live market intelligence, help hoteliers optimize and even price automation