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Choice Hotels Asia-Pac is introducing mandatory revenuemanagement training for franchisees as part of its brand standards to drive performance and consistency across the network. The post Choice partners with ARMA on revenuemanagement training for franchisees appeared first on Hotel Management.
The APAC RevenueManagement Summit returned to Melbourne this week under the fitting theme: Simply the Best. Just like in retail, every interaction is a chance to upsell, cross-sell, and reinforce brand loyalty, Kalan said. The panel explored broader market trends, owner expectations, and revenuemanagement best practices.
Fair or not, the idea that advanced revenuemanagement software is best suited for massive high-end resorts or properties that are operating under a big brand umbrella has been stubbornly persistent among hoteliers.
New Zealand hotelier Chris Dickinson has introduced a new luxury accommodation brand to the market with four Auckland properties slated to launch within the first half of 2025. We go above and beyond to deliver exceptional experiences and service for guests, and provide premium property management for owners to optimise financial returns.”
The beachside hotel is operated by franchisees, Chris and Olivia Taylor, who also operate First Light Mooloolaba on the Sunshine Coast, and previously managed Hervey Bay’s Oceans Resort and Spa, both positioned within the Ascend brand. It’s really about driving direct bookings.
PARIS and MINNEAPOLIS—IDeaS and Accor announced that Accor has chosen IDeaS as its global revenuemanagement software (RMS) provider. Partnering on a suite of IDeaS revenuemanagement solutions, Accor continues to update its commercial strategy for hotels, property owners, and managers.
The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed.
London, 15 April 2025: SDK Consulting , revenue and commercial consultancy for hotels, has been appointed by boutique hotel brand Z Hotels to develop the commercial strategy and run the revenue and distribution department.
This contemporary, fully connected hotel will mark the upper-midscale brands entry into the Australian market. By pairing our awardwinning digital platforms with handson operational knowhow, we unlock more opportunities for guests and deliver stronger returns for our partners.
One year on from the launch of Trilogy Hotels, the independent management company is rounding out 2024 with 13 hotels under management totalling over 2,500 rooms and overseeing $165 million in revenue. I was working on the investor side and getting quite frustrated with the relationship between an investor and an operator.
What is hotel revenuemanagement? Hotel revenuemanagement is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenuemanagement?
Hoteliers are under mounting pressure to modernize operations and exceed increasingly sophisticated guest demands. In response, hotels are increasingly enhancing traditional hotel software systems by turning to AI agentstask-specific, autonomous systems that augment staff, streamline operations, and personalize the guest journey.
Marsden Hotel Group, owner and operator for successful 4-5 start properties across New Zealand, has teamed up with STAAH, a leading technology provider for hospitality businesses, to boost the revenue-generating capabilities of the properties in its network.
The move will enable La Vie to develop, manage and operate properties under the Radisson Blu, Radisson RED, Radisson, Park Inn by Radisson, and Country Inn & Suites by Radisson brands, under a non-exclusive brand collaboration agreement.
From irregular demand patterns to changing distribution mix and a depleted talent, here’s a roundup of challenges faced by revenuemanagers from India right now. The STAAH team went out to leading revenuemanagers from India to understand what are the biggest challenges they are facing. Forecasting and budgeting.
Hoteliers face so much pressure to deliver exceptional service while streamlining operations. But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Another channel manager for distribution. Spreadsheets for revenue tracking.
Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, has expanded its executive team with the promotion of Cory Chambers to EVP, chief commercial and analytics officer. The company also promoted Maggie Rosa to VP, operations. at hotels ranging in size from 300 to 1,300 rooms.
A quick search on the internet yields a wide range of definitions for ‘revenuemanagement’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenuemanagement’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.
The acquisition, brokered by specialist accommodation property agency ResortBrokers on behalf of owners Peter and Irena Cushen, includes City Edge’s active franchise agreements, the brand, and associated IP. Choice Hotels Asia-Pac’s Chief Executive Officer, Trent Fraser, said the deal will deliver benefits for guests and incoming franchisees.
In STAAH, the Indian hospitality group found a sophisticated system to help manage room types and yield rules, and boost direct revenue by 30%. Achieving goals with STAAH’s superior solution With multiple room types across properties spread across the world, agility in operation and optimisation is essential.
We have written extensively about hotel revenuemanagement strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenuemanagement, we have made a summary of all the top advice from our perspective as a hotel revenuemanagement consulting company.
Her expertise spans operations, finance, accounting, revenuemanagement, human resources, sales, marketing, quality control and franchise and owner relations. We remain committed to pursuing acquisition and development opportunities with well-branded hotels such as Hilton and Marriott in markets with high barriers to entry.
During the Marriott International-ICMS Hotel Management Development Program, students can undertake a paid work placement at a different hotel each year, giving them the opportunity to travel interstate and work across a diverse range of brands.
Malcolm Zancanaro, Hilton Sydney Image credit: www.scottehler.com Zancanaro takes over from Hayden Hughes who has relocated to Singapore to take up an internal promotion with the corporate team at Hilton International as Senior Director Brand Performance – Asia Pacific. “I
Ovolo Hotels restructures marketing operations Ovolo Hotels has announced a new marketing and communications structure that will see a number of leadership changes across the region. He will work in collaboration with Howard and alongside new Group Digital Marketing Manager, Kate Tulloch.
In its six years of operation, bai Hotel Cebu has consistently prioritised providing outstanding service without unnecessary hassle. SiteMinder’s channel manager, hotel business intelligence, and PMS integration played a crucial role in streamlining the hotel’s operations.
Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenuemanagement software provider, IDeaS. Hoteliers with Profitroom will also be able to tap into IDeaS AI-powered demand forecasting and revenue optimisation engine to automate rate and inventory management decision recommendations.
Running a hotel today involves managing a complex network of systems from reservations, sales operations, communication channels , marketing tools, and distribution. But when these parts dont talk to each other, the result is a fragmented operation that drains productivity and inflates costs. Whats hotel integration?
In her new role, Kunduri will lead the software product delivery functions within Choice’s technology team to support its portfolio of hotel brands, revenuemanagement, membership rewards, and more. Kunduri joined Choice in 2016 as director, engineering and was promoted to vice president, engineering in 2019.
But the one thing that is always constant is the day-to-day operations that define your guest experience. With countless operations starting from housekeeping to revenuemanagement, hoteliering is a hectic task and the essence of perfection is often lost. This is where hotel improvement ideas come in. Let’s jump right in.
APAC RevenueManagement Summit 2024 – “RISE UP” May 27 and 28 Join us at the APAC RevenueManagement Summit 2024 – “Rise UP” on May 27 and 28. Ready to take your revenuemanagement to the next level? Expect actionable insights and lots of discussion so you can implement immediately in your daily operations.
Peachtree Group has promoted Vickie Callahan to president of the firm’s hospitality management division. In her new role, she will oversee the company’s portfolio of owned and third-party managed hotels, totaling 88 hotels across 27 brands and 11,173 rooms in 23 states and Washington, DC.
Eister There are many myths about revenuemanagement, but there are five we hear most often. Myth #1: Revenuemanagement is only essential when business is booming. Revenuemanagement is a fundamental part of business, especially in such a dynamic industry as hospitality. By Craig V.
Singapore, 12/December/2023: Hotelogix , a globally leading cloud-based hospitality technology provider, said that Sioux Motel in South Dakota, United States, has adopted its Cloud Hotel Property Management System (Hotel PMS) to automate and streamline daily operations, boost guest experience and drive business growth.
From the moment a guest walks through the doors until their departure, every aspect of their stay is carefully curated through the lenses of hotel operating systems and the adept oversight of a hotel operationsmanager. The goal is to provide excellent guest experiences while maximizing revenue and maintaining cost control.
Pacifica Hotels has appointed hospitality veteran Scott Roby as president to oversee all portfolio assets and operations moving forward. Prior to that, he was a cofounder and SVP, operations for Evolution Hospitality, a lifestyle hotel operator.
XOTELS – RevenueManagement eBook In the first chapter of this eBook, we will go over the definition of what is revenuemanagement in the hotel and hospitality industry. Everything will be explained from the fundamentals of revenuemanagement to more advanced practices and strategies.
With the hospitality industry adapting to evolving guest expectations and the rapid growth of online booking platforms, managing hotel operations become increasingly complex. A combination of the right channels provides hoteliers the right marketing approach to enhance their visibility and branding as opposed to traditional marketing.
One key strategy emerging as a game-changer is data-driven revenuemanagement. This approach combines advanced algorithms with real-time data analysis to set optimal pricing, increase efficiency, and maximise revenue potential. Teams would spend hours calculating room rates, tracking competitors, and forecasting demand.
This transformation has fortified our superior revenuemanagement and IT systems, giving us a unique competitive edge. We have also developed a clear brand architecture, offering powerful and differentiated products and experiences that remain relevant across global markets.
Singapore, 27/October/2023 : Hotelogix , a globally leading cloud-based hospitality technology provider, said that Copperhead Lodge and Resort in Georgia, United States, has adopted its Cloud Hotel Property Management System (Hotel PMS) to automate and streamline daily operations and drive growth while keeping software ownership costs under control.
Hyatt Hotels Corporation has launched Hyatt Select, a new upper-midscale transient brand. The brand will complement Hyatt Studios, Hyatts extended-stay brand in the category, which marked the opening of its first property, Hyatt Studios Mobile/Tillmans Corner, on Feb.
As a result, hotel operators need to be innovative and agile in operating and provide owners with the best possible solution to maximise revenue and efficiencies. This trend is likely to stay as independent owners continue to navigate operating in the post-pandemic era.
The partnership, which comes amid a summer that is expected to see international travellers to Spain grow by 8% from last year’s record season, will enhance the powerhouse hotel brand’s financial performance and streamline its operations.
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