Remove Ancillary Revenue Remove Business Remove Yield Management
article thumbnail

Designing a new era of intelligent revenue management

Hotel Business

Just as the 1980s saw the emergence of yield management in the airline and hospitality sectors, today’s environment demands a similarly radical reinvention—anchored in intelligent, AI-powered revenue science. Cross-functional collaboration: Blending revenue, sales and marketing through shared data and common KPIs.

article thumbnail

Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

What Are Revenue Management Tools? Business Intelligence & Reporting Dashboards How to handle all of that data of your hotel? Business intelligence dashboards pull from multiple sources, giving you concise, actionable information on revenue trends, booking patterns, and guest behaviorsin one place.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel Revenue Management Strategies

Xotels

Collaboration with other departments The Future: Total Revenue Management What is Revenue Management? 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.

article thumbnail

How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

article thumbnail

How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

article thumbnail

How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

As someone who spent his fair share of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. What is Yield Management, Really? That’s yield management in action.

article thumbnail

Mastering The Art of Resort Revenue Management

Catala Consulting

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.