rms

Intelligent Hotel Price Automation: Leveraging AI with a Human Touch
Within the field of revenue management new AI-based solutions can provide live market intelligence, help hoteliers optimize and even price automation
The Revenue Management Needs of Different Hotel Stakeholders
In order to ensure that all hotel stakeholders are aligned, it is important to understand their revenue management ‘wants’ and hear them in their own words

The Situation of Revenue Management in The Hotel Industry
Where there is no revenue management strategy there is no knowledge about the customer, price, positioning and target audience

5 Reasons You Must Have Hotel Technology In Your 2023 Budget
Investing in hotel technology may not be the answer to all of your problems, but the forward thinking hotelier will be adopting tech in the right places
Four Myths About Switching To A New Hotel RMS
To help you make the right switch to a better hotel RMS, we’ll go over the four most common RMS-switching myths so that you know what to look out for
Three Nightmares For Hotel Revenue Management Professionals
Revenue managers face the common challenge of obtaining quality research and analysis to determine the competitiveness of a proposed pricing structure
The Hidden Costs of Operating Without an Advanced RMS
The RMS will be the catalyst to lead the unification of hotel technology systems around revenue and profit and drive a connected commercial organization
Trends & Future Predictions for Revenue Management Software
Guest-centric revenue management, with buzzwords today like ABS (attribute-based selling) or customer lifetime value pricing, are not new concepts
How Automation Can Forecast Uncertainty And Drive Demand
Above all, the task of a forecast is to map uncertainty. In a world where our actions in the present influence the future, uncertainty is opportunity

Take Advantage Of Changing Booking Behavior Before Your Competition
Make forward-looking demand signals, such as monitoring of booking behavior part of the data set that informs your pricing decisions