rms

With an eclectic inventory and a broad range of customer types, they needed revenue management technology that could handle a complex revenue mix

We thought it would be interesting, to get a perspective on the direction of travel for revenue management, and the part an RMS or pricing solution can play

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

If your organization is currently using a legacy RMS system, it may not be able to handle the increasing complexity of today’s revenue management challenges

We focus on the five commonly held myths about revenue management technology and why you don’t need to worry

We look at the various strengths and weaknesses of a Revenue Manager and the strengths and weaknesses of a Revenue Management System (RMS)

The key to revenue management is following data trends and using insights to set the right pricing, AI is perfectly suited to support this hotel function

Ensuring optimal pricing, predicting market flux, and providing strategic insights, a Revenue Management System aids hotels in carving out a distinct niche

Where consumer expectations and industry landscapes continually evolve, sticking to a single-dimension strategy like an RMS for room revenue is insufficient