SiteMinder

JUNE 22, 2025

Morgan points to the industry’s remarkable recovery post-pandemic, which continues to resonate across segments such as business travel, where expenditures have exceeded the high-water mark of 2019. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6

Revenue

Hospitality Tech

JUNE 16, 2025

Social Connect: Enables AI-powered guest engagement across popular social platforms including Facebook, Instagram, Messenger, and WhatsApp Business. Custom Connectivity for Every Tier The RUCKUS hospitality solutions work together seamlessly, allowing businesses to pick and choose the right combination for their specific needs.

Services

Hospitality Tech

JUNE 16, 2025

Custom Connectivity for Every Tier The RUCKUS hospitality solutions work together seamlessly, allowing businesses to pick and choose the right combination for their specific needs. And Payments simple transparent fixed-rate model reduces the complexity of interchange fees, making forecasting, and budgeting easier and more accurate.

Operations

Hospitality Tech

JUNE 16, 2025

Custom Connectivity for Every Tier The RUCKUS hospitality solutions work together seamlessly, allowing businesses to pick and choose the right combination for their specific needs. And Payments simple transparent fixed-rate model reduces the complexity of interchange fees, making forecasting, and budgeting easier and more accurate.

Management

Hospitality Tech

JUNE 17, 2025

Pop-up and add-on rentals are captured and tracked, increasing ancillary revenue without adding headcount. One that puts revenue and profit front and center,” said David Woolenberg, CEO at Duetto. This means hotels unifying every revenue stream, not only rooms. “Our platform gives them a playbook.

Revenue

Hotel Business

JUNE 26, 2025

Powered by automation, advanced algorithms, artificial intelligence (AI) and both hotel booking and third-party data, the new platform brings together every part of hotel revenue and operations—pricing, forecasting, reporting, group optimization, loyalty and profit insight—under one roof. tablet to staff. Agilysys Inc.

Ancillary Revenue

STAAH

APRIL 23, 2024

Interactive dashboards and visual representations make it easier for revenue managers to make data-driven decisions, identifying revenue trends, tracking performance metrics, and accurately forecasting future demand.

Revenue Management

Cloudbeds

OCTOBER 9, 2024

Hotel forecasting is a critical component of successful hotel management, serving as the foundation for strategic decision-making and operational efficiency. For hotel managers and the industry as a whole, accurate forecasting is not just beneficial—it’s essential for maintaining competitiveness and profitability in a dynamic market.

Forecasting

Hotel Speak

FEBRUARY 1, 2024

The 2023 results showed that hoteliers were hopeful of the return of business travel and group business, and mindful of short booking windows. More than half, 57.1%, said revenue management was more important to their business than the previous year. are currently using a revenue management system (RMS), up from 82.3%

Revenue Management

Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Memorable experiences outweigh rising inflation. Domestic tourism is still going strong.

Occupancy

SiteMinder

AUGUST 1, 2024

What is a hotel business plan? A hotel business plan is a comprehensive document that outlines your hotel’s goals, strategies, and financial projections. It’s a vital tool for any hotel owner or operator, whether you’re starting a new hotel, expanding an existing business, or improving your current operations.

Business

Xotels

APRIL 3, 2024

In our article about What is Revenue Management and in our Free Revenue Management Book for Hotels we have explained everything in detail about what the concept of revenue management is all about. In short, revenue management is a disciplined approach that aims to increase the revenue success of your business.

Revenue Management

SiteMinder

JUNE 26, 2024

What is revenue optimization? Revenue optimization in hotels is a comprehensive strategy that accounts for all revenue streams and uses data to enhance the overall revenue performance of the business. Included in this will be key metrics, forecasting models, and trending insights.

Revenue

Catala Consulting

JULY 30, 2023

This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships.

Revenue Management

Hotel Speak

JULY 19, 2024

Whether you accept transient or group business to your hotel is more than just a revenue management question. And it depends on how you want to run your business. When I worked as a revenue manager in Vancouver, that was my strategy. You thought it was going to be busy. It’s also a risk management question.

Revenue

Xotels

APRIL 3, 2024

What Does the Process of Revenue Management Look Like? Revenue Strategies & Tactics Market Segmentation Hotel Pricing Strategies Forecasting & Budgeting Properly How to Distribute Effectively? IKEA (offering lower prices at times when it is least busy).

Revenue Management

Xotels

SEPTEMBER 13, 2024

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? But try to dive a bit deeper into what´s driving those figures.

Revenue Management

Xotels

SEPTEMBER 13, 2024

Let´s explore the following topics & trends that are shaping the (current) hotel industry landscape: Can’t Forget the Basics What are the trends in revenue management in 2024 Distribution: Fishing Where the Fish Are Outsourcing To AI or Not to AI? But try to dive a bit deeper into what´s driving those figures.

Revenue Management

Xotels

APRIL 3, 2024

In our article about What is Revenue Management and in our Free Revenue Management Book for Hotels we have explained everything in detail about what the concept of revenue management is all about. In short, revenue management is a disciplined approach that aims to increase the revenue success of your business.

Revenue Management

Hotel Business

MARCH 7, 2023

Hotel Business spoke with Michael McCartan , the newly appointed area VP for Europe, the Middle East and Africa (EMEA) for IDeaS while he is at travel trade show ITB Berlin. The travel community, in Europe and worldwide, is happy to be back at it, booking business and making new contacts at trade shows. At the same time, as in the U.S.,

Consumer

Hotelogix

AUGUST 6, 2024

Optimizing ancillary revenue streams: To diversify your revenue sources, consider enhancing offerings in food and beverage, spa services, and event hosting. Utilizing guest data to personalize offers can lead to higher uptake of ancillary services. Train your staff to identify and capitalize on upselling opportunities.

Revenue

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. Some are price-sensitive leisure travelers, while others are business travelers with deeper pockets. They also partnered with local businesses to offer special deals and promotions. When are your peak seasons? What events drive demand in your area?

Yield Management

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. Some are price-sensitive leisure travelers, while others are business travelers with deeper pockets. They also partnered with local businesses to offer special deals and promotions. When are your peak seasons? What events drive demand in your area?

Yield Management

Xotels

JULY 26, 2024

Use this data to forecast demand and adjust your prices accordingly. Some are price-sensitive leisure travelers, while others are business travelers with deeper pockets. They also partnered with local businesses to offer special deals and promotions. When are your peak seasons? What events drive demand in your area?

Yield Management

Boutique Hotel News

DECEMBER 20, 2022

A recent Knight Frank report supports this idea, revealing that ancillary revenues have increased in 2022 with the contribution to total revenue rising by 1.5 Looking ahead, supply levels are forecast to exceed 1,100 schemes by 2027, nearly doubling the current volume at around 640 projects worldwide. percentage points.

Travel

Hotelogix

JANUARY 29, 2025

Revenue Management Systems (RMS) Dynamic pricing strategies Demand forecasting : Use data to predict busy periods. Business Intelligence and Analytics Platforms Data visualization to make informed decisions Customizable dashboards : Build role-specific KPI visuals. We're tracking every drop because they all matter!

Management

Hotel Operations

MARCH 15, 2023

Analysis from the McKinsey Global Institute has ranked travel as the #1 industry to create the most incremental value from AI: Among the broader travel industry, hotels likely have the most potential because of the complexity of this business and the amount of data that is (and can be) created. Forecasting demand is an example. “We’re

Hospitality

Xotels

MAY 30, 2025

( learn more about how to optimise your Ancillary Revenue ). Revenue management is strategic. Its about leveraging data from all departments to make informed decisions that drive the highest possible total revenue and profit. Its about forecasting not just room demand, but F&B demand, spa demand, everything!

Yield Management