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Revenue Management Evolution: From Intuition to Data Driven Decisions
Clever hoteliers invest in technology whilst mentoring their valuable team members to allow them to grow and expand their revenue knowledge
Unlocking Efficiency and Revenue: Deep Q-Learning
In revenue management, the search for optimal pricing strategies is perpetual. Traditional supervised learning models have limitations, especially when historical data is sparse
Revenue Management From The Hotel Owner/Operator Perspective
There are many benefits of implementing a data-based revenue management practice at a property, especially for the owners/operators
Breaking Down Silos: The Evolution of Hotel Sales Departments
The future of hotel sales lies in breaking down silos and fostering a collaborative, commercial mindset. Those who change will not only survive but thrive
Reputation Pricing: How to Use Your Reputation to Increase Rates
The goal of reputation pricing is to understand perceived value and increase it over time. This process involves revenue managers, marketing and operations
Top Tips to Help Convert Website Lookers into Hotel Bookers
We discuss the importance of the hotel website user experience to increase conversions, and the need to streamline the booking process to maximize revenue
Expedia TravelAd Strategies for Small Hotels
With the help of some smart strategies, you can ensure your hotels investment in Expedia TravelAds generates a serious return
Why WhatsApp for Hotels is a Guest Communication Game Changer
Let’s break down why WhatsApp is the MVP in hotel guest communications. We’re talking engagement through the roof – far surpassing old-school email
Boost Tour Operator Business With Effective Revenue Management
Today we look at how hotels revenue manage tour operator business, or, more accurately, how they don’t revenue manage this business segment
Revenue Management from the Front Desk Manager Perspective
In the dynamic world of hospitality, where guest satisfaction is key, the Front Desk Manager must embrace revenue management to ensure a profitable hotel