rms

5 Strategies To Drive Short-Term Demand

A lot of hotels see the bulk of their demand coming in a three-day window, with business booked in the day for the day now a more common occurrence

Read more

stones balanced together reflecting how revenue optimization is only achieved by working together and breaking down silos

Lean Revenue Management: Sophisticated Shouldn’t Mean Complicated

Often the uncoordinated and misaligned activities of sales, marketing, revenue management and general management resulted in missed opportunities

Read more

From Demand Management To Revenue Generation

Revenue managers will need a new skill set, built on analytical thinking and cognitive flexibility, to maintain effectiveness of decision-making

Read more

Top Tips on Building a Smart and Profitable Pricing Strategy

Be aware of your competitors’ rates, but at the same time, believe in your pricing and have confidence in what you are selling

Read more

hotel revenue management demand forecasting is like adding pieces to a jigsaw puzzle

Key Factors to Calculate Demand Forecasting

When projecting a point in time in the future and trying to anticipate demand, it can seem like making decisions based simply on experience or intuition

Read more

How Often Should I Intervene When Using an RMS?

Once strategies are set, the system will execute these. You can return to the RMS either to apply new strategies or to check existing ones are delivering

Read more

steps representing the continual pricing approach required in towards hotel revenue management

Continuous Pricing without an RMS

These are some basic ways to get a feeling for Continuous Pricing concepts but only by embracing the four elements can you expect the best results

Read more

lady with data graphics overlyaed showing how human factor is important part of revenue management automation

The Human Factor Behind Revenue Automation

We know the need for digital transformation, but it is the human factor that will guarantee the implementation success of Revenue Management technologies

Read more

two apples of different types illustrating importance of validating when comparing one hotel rms to another

How to Fix the Validation Problem When Choosing an RMS

A hotelier may decide to choose a ‘cheaper’ RMS system because they think they are saving money but they are overlooking the fact performance is everything

Read more

black and white picture of man sitting next to old technology depicting how a hotel is slow to invest in rms technology

Is Automation in Revenue Management Really the Answer?

How revenue managers can leverage automation through sophisticated revenue management tools to boost business during the ramp-up

Read more