pricing

Just because an RM system bears an AI moniker in its marketing doesn’t suddenly turn it into a revenue management silver bullet

Here is how RMS can specifically cater to these challenges, underscoring their importance in the strategic management of seasonal hotels

In the ever-evolving landscape of the hospitality industry, transitioning from RevPAR to RevPAG is not just a trend; it’s a strategic imperative

Discounting has a bad rep, but it’s time to set the record straight. When used strategically, it can boost revenue, attract new guests and enhance loyalty

Average daily rate per room values has experienced greater growth in the last 3 years, but will price continue to grow rapidly? Will there be a correction?

While the basic principles of revenue management apply to all types of hotels, resort hotels have important strategic considerations

A hotel packages is a combination of a room and at least one other component, like a bed and breakfast package

As we step into 2024, several key trends are set to redefine the hotel landscape. Let’s explore top trends that will shape the industry in the coming year

The demise of traditional revenue management is a reality we can’t ignore. To thrive in today’s competitive industry, you must adapt or face consequences

In a dynamic environment, the key to surviving and thriving requires a focus on three areas: Revenue Enhancement, Team Motivation, and Profit Maximization