man standing in front of calculations and algorithms reflecting the need to unlock efficiency and revenue utilising deep q learning with batch constraints

Total Revenue: Definition, How to Calculate and Examples

Because total revenue definition takes into account every revenue stream, you should also include the following additional revenue metrics in your strategy

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icons of people being circled with a red pen reflecting importance for hotels to achieve revenue success by focusing on individual customer experience and the role of hyper personalisation

Hyper Personalisation: The Future of the Customer Experience

Hyper-personalisation goes beyond standard strategies for customising each touchpoint in the customer journey; it’s a whole new style of segmentation

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car with lights streaking by reflecting the importance for hotels to keep up with the pace of change in traveler behavior

Data Driven Strategy: How to Anticipate and React to Market Trends

We look at what a data driven strategy is, and how the right tools can help access meaningful and measurable results that help you react to market trends

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4 glass jars filling up with coins reflecting how hotels should consider developing sustainability plans to help drive future revenue and profits

Attribute Based Pricing: Grow Revenue and Improve Guest Satisfaction

Attribute based pricing is establishing itself as the future of hotel booking. It’s a highly effective pricing strategy to drive revenue and increase profit

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hotel digitalisation laptop mobile and revenue graphs reflecting the 11 must have features revenue managers need in a business intelligence tool

What Hotel Digitalisation Means And How It Boosts Profits

There are a number of ways that digitalisation can help you create a more efficient business model for your hotel and boost your profits

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algorithms and view through a key hole indicative of hotels needing to look forward and consider both revenue management tactics and strategy to really excel

Tactical vs Strategic Revenue Management and How to Excel at Both

When it comes to deciding between tactical vs strategic revenue management, there’s actually no clear-cut answer to the question ‘Which is best?

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From Beonprice to BEONx: The Evolution and Journey Ahead

In this discussion we talk about the Beonprice brand evolution to BEONx, what BEONx is, sustainable profitability and digitalization

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hotel revenue management demand forecasting is like adding pieces to a jigsaw puzzle

6 Forecasting Tips to Handle Uncertainty in the Hotel Industry

Forecasting has always been valuable for revenue managers. Given current uncertainty, it is so important to be able to predict and adapt to demand

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6 Profitable Sources of Hotel Revenue Generation You Rarely Consider

The key is identifying all stages of the guest journey where you can create opportunities to generate more revenue and increase your profit margins

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rocks balanced on wooden planks reflecting the challenge with restrictions and the balancing act between revenue optimization and blocking bookings

Hotel Demand Based Pricing: Definition, Benefits and Practical Examples

Demand based pricing can take a number of forms. The most common examples are price skimming, geo-based pricing, and yield management

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