flyr

There’s a new opportunity opening up in travel that will change the balance of power in hospitality over the next decade

Scratch beneath the surface of open pricing and it’s flawed. It relies on the operator and rules set. It’s time for a big leap into the future of pricing

With our new portfolio level dashboard we want to help our customers understand how they are performing across their properties

Uncertainty is real! We don’t know the forecast perfectly nor demand function. A modern RMS works 24/7 to adjust to uncertainty and to quickly adapt pricing

Forecasting uncertainty is important for pricing and it’s important for the cost-benefit analysis that an RMS needs to make on behalf of the clients

It makes sense to let algorithms do much of the price change and a half decent RMS should deliver. But the question is – by how much will my RevPAR go up?

These are some basic ways to get a feeling for Continuous Pricing concepts but only by embracing the four elements can you expect the best results

A hotelier may decide to choose a ‘cheaper’ RMS system because they think they are saving money but they are overlooking the fact performance is everything

In many cases these lists of data source are almost ridiculous: flight search data, social media sentiment analysis, predicted weather patterns, etc. etc

In today’s video we discuss with our 3 guests why there is so little testing of revenue management strategies in the hospitality industry