revenue
3 Ways Business Intelligence Tools Help You Maximize Your Profits
Until recently, the hospitality industry wasn’t considered to be a front runner in technological advancements. But the emergence of big data, cloud-based systems, and business intelligence have propelled hospitality into a […]
How can revenue leaders leverage new RM methodologies in 2018?
Since IDeaS’ early beginnings in 1989, our timeline of product and service evolution is a great barometer of the fast-paced changes in hospitality revenue management over the decades. And now, […]
2 Types of Data Needed for Successful Dynamic Pricing
What is Dynamic Pricing? As we know, the main goal of Revenue Management is to sell the right product to the right customer at the right time and for the […]
How Business Intelligence Will Improve Your Systems
There are exciting developments taking place in hospitality revenue management because of artificial intelligence, business intelligence, and machine learning. Business intelligence in particular has been a trending topic among hoteliers, […]
8 Easy Tips for Hotel Revenue Managers to Cope With Rate Parity Issue
While rate parity ensures that you have complete control of setting the bar for your room rates and ensure equal prices across all distribution channels, but it destroys your chances […]
STR: AsiaPac, MEA, Europe, S.America November Hotel Performance
Asia Pacific Hotels in the Asia Pacific region reported positive year-over-year results in the three key performance metrics during November 2017, according to data from STR. U.S. dollar constant currency, […]
Who Cares If You’re Losing a Little Money Here and There?
What hotel owner or GM could be blamed for sleeping a little more soundly after seeing the chart below? NB: This is an article by Pierre Boettner, Founder and CEO of […]
How the Composition of RevPAR Growth Impacts Changes in Profits
To project changes in profits we obviously need to look at the expected relative changes in revenues and expenses. Profit growth can only be realized when the dollar value of […]
Boosting the Revenue of Your Hotel Parking
When strategising about the optimisation of your hotel’s revenue streams, hotel parking and its lucrative opportunities rarely come to mind. For most hotel managers, the parking they offer to their […]
9 diversions OTAs use which ruin your profits
After years of working on the OTAs, today I can update the many tricks they use which directly affect the profits of your hotel. These tricks are much more than […]
