revenue
The AI Opportunity in Revenue Management
The Status Quo! Nothing to do with aging Rock bands, but more around not putting our heads up above the parapet. Changing things that ‘work’ invokes visions of risk and […]
Future of Revenue Management with the OTA’s Part II, Rev+ by Expedia
In our previous article, The Future of Revenue Management with the OTA’s we highlight the rules of revenue management, and the professionals who practice it on an almost-continuous basis. NB: […]
Top 10 Must-Haves for a Complete Revenue Optimization Solution
If data is the life blood of your hotel, then your revenue management system (RMS) is a crucial part of its brain and cardiovascular system. NB: This is an article […]
11 Uncomfortable Truths About Hotel Revenue Management
Hotel revenue management (RM) is not new and has been around for 30+ years, yet only 3% of hotels globally use revenue management technology today. NB: This is an article […]
Take the Guesswork Out of Your Hotel Pricing Strategy
Hoteliers and property managers are often looking for new ways to maximize revenue, but achieving peak earnings requires the right hotel pricing strategy to be implemented at the right time. […]
Data is All Around: How to Harness it for Hotel Success
From check-in to check-out and beyond, every action and interaction in a hotel generates data. But don’t let that daunt you. With the right systems in place, the right data […]
Upselling: How to Earn Extra Revenue (and How Apps Can Help)
For many people around the world, love will soon be in the air. Not only will they shower loved ones with affection on Valentine’s Day, they’ll spend big too – […]
The Future of Revenue Management with the OTA’s
Nowadays hotel revenue management has become a somewhat controversial buzzword in hotel industry, back in the day, revenue management meant opening and closing availability and rates. When Online Travel Agents […]
Combating Low Seasons To Drive More Revenue
The low season can make or break a property, particularly if budgets are already tight. If your hotel is already operating on threadbare profit margins, any significant dip in bookings […]
An Integrated Revenue Strategy Embraced Throughout Departments and Systems
The realm of a hotel revenue strategist often comprises a conflicting jumble of processes and competing platforms. This can cause major heartaches as revenue managers struggle to keep their hotels […]