rms
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
Why an RMS Will Never Replace Human Revenue Managers
Just as search engines evolved thanks to software engineers, the predictions of an RMS develop based on the understanding of data revenue manager’s input
Revenue Management in a Changed Landscape
Revenue management is being considered in a new light as hoteliers grapple with heightened guest expectations, increased competition, and rapid changes
Is Revenue Strategy Just a Pipedream for Most Hotels?
Without changing the focus, the questions asked, and metrics measured, surely revenue strategy just exists as another recurring seminar topic
Riding the Waves of Change with Hotel Revenue Automation
The time has come to upend old ways of doing business in order to remain agile and competitive, and this is especially true for hotel revenue management