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Outsourced revenuemanagement has become a strategic solution for independent and lifestyle hotels that want to grow profitably without building large in-house commercial teams. This approach delivers expert pricing, forecasting, and distribution support while keeping fixed costs low. What Is Outsourced RevenueManagement?
Hotel revenuemanagement isn’t just about pricing rooms. Yet, time and again, we find that hotels, especially independent and boutique properties, are making avoidable hotel revenuemanagement mistakes that silently bleed revenue. Channel managers aren’t always synced. PMS data might be outdated.
As a leader in revenuemanagement consulting , were always at the forefront of what is happening in the hotel industry and keeping a close eye on how revenuemanagement trends keep evolving. While questions like What are the top trends in revenuemanagement for 2025?
With all the changes impacting hoteliers so quickly—the need for hotels to do more with less, continuing pressures on margins, the rapid rise of AI—it’s time for new paradigm in revenuemanagement, one rooted in scientific rigor, data integration and interdisciplinary collaboration.
For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities.
Duetto has launched GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. GameTime brings together rate optimization, enterprise pricing, forecasting and performance tracking in one streamlined platform. “We
Picture a system that displays your hotel's current status and forecasts its future. This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. You need real facts to decide things.
Use revenue tech to your advantage Revenuemanagement systems (RMSs) have evolved to provide smarter segmentation and demand forecasting to tighten levels of granularity. For example, targeting people looking for a local getaway during shoulder seasons or offering special deals to business travelers for repeat bookings.
The root cause of the risk of losing your revenuemanager is the crushing workload and immense stress they face daily. The very complexity of the job makes decisions less accurate , leading to costly errors in pricing and forecasting.
From making sure staff, guests, and smooth operations are all attended to, we can understand why revenuemanagement so frequently gets put on the back burners. So, let’s provide you with a list of revenuemanagement tools to simplify managing your hotel so much easier: What are RevenueManagement Tools?
A hotel commercial strategy is a coordinated business approach that integrates sales, marketing, revenuemanagement and distribution efforts to maximise total hotel revenue. It aims to drive profitability and improve competitiveness in the market for a hotel business. What is a hotel commercial strategy?
Singlepane has launched asset management software built specifically for hotel owners, adding three new modules to its original business intelligence (BI) platform. This new capability provides hotel owners with visibility into detailed financial performance and streamlined comparative analysis across their portfolios.
Preparing Amenities for Increased Demand Leveraging Data Analytics for Peak Season Management 1. Predictive Demand Forecasting Predictive analytics utilizes historical data, market trends, and external factors to forecast future demand. families, business travelers)? Also Read: Is Your Hotel Ready for the Peak Season?
This makes it particularly relevant for businesses like hotels (but also restaurants, casinos, or airlines), which often face high rent expenses. Business intelligence software To improve EBITDAR, teams can use business intelligence software to collaborate, identify opportunities to reduce costs, and find ways to increase revenue.
Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. In todays volatile market conditions, such agility is vital.
The GDS is particularly useful for connecting with corporate travel programs and winning business transient bookings. Ultimately, a partner like Amadeus is a powerful way to diversify your distribution and add to your strategy for generating revenue and maximising revenue.
The Hotel Marketing Podcast is for hotel marketers, revenuemanagers, and hospitality professionals looking to enhance their marketing efforts. Episodes discuss market performance, forecasting , and the impact of various factors in the hospitality industry. Who’s it for? Who’s it for? Who’s it for? Who’s it for?
The platform caters to high-value market segments including business travellers on extended assignments, individuals relocating for work, digital nomads, and corporate managers booking accommodation for their team. What is the opportunity around extended-stay revenue? Are they big enough? Do you have separate living areas?
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 Is it a better view?” says Ellison.
The July issue of Hotel Business is out and Christina Trauthwein, VP, content & partnerships, shares some of the stories you’ll find in it. The cover story is about the venture between Deepak Chopra and Appellation, a new wellness destination called AMEYALLI Park City, which is set to open in 2026.
They simplify the often complex world of revenuemanagement , giving you a reliable foundation to build upon as you grow your confidence in managing rates. Target audience: Know your guestsleisure travellers might prioritise affordability, while business travellers often value convenience.
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. MJH is aligning its tech strategy and business ambition to build a better foundation for the future.
RaccoonRev Plus is engineered to bridge the gap between basic rule-based pricing and the full complexity of traditional RevenueManagement Systems (RMS). Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey. âRevenuemanagement is just the beginning.
6/30/2025 Duetto Introduces RMS for Limited-Service Hotels Duetto introduces GameTime, a streamlined revenuemanagement system (RMS) designed specifically for select-service and limited-service hotel brands. Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out.
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.
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. MJH is aligning its tech strategy and business ambition to build a better foundation for the future. Agilysys Book with S.P.E.N.D.
With PARâs innovative solutions, weâre creating efficiencies that empower our team and enhance every guest interaction.â PARâs cloud-based platform and open API architecture ensure seamless integration across systems, creating a tech stack thatâs flexible, reliable, and ready to grow with the business.
With PARâs innovative solutions, weâre creating efficiencies that empower our team and enhance every guest interaction.â PARâs cloud-based platform and open API architecture ensure seamless integration across systems, creating a tech stack thatâs flexible, reliable, and ready to grow with the business.
Whether its a seamless check-in process, personalized dining recommendations, or proactive problem-solving, customer satisfaction is at the heart of every hotel, resort, and travel business. Dynamic Pricing and RevenueManagement AI tools are revolutionizing how hotels set room rates.
Michal Christine Escobar 6/17/2025 Artificial intelligence has already reshaped hospitality operationsâfrom revenuemanagement to guest messagingâbut at HITEC 2025, Carl Winston, Founding Director of the Payne School at San Diego State University, took the stage to explore what weâre losing in the race to innovate.
The platforms store-and-forward functionality ensures uninterrupted transaction processing even during connectivity disruptions, allowing Pret to maintain business continuity and maximize revenue. âFinding the free time to analyze each cost in a mountain of data is a real challenge.
In this guide we’ll reveal everything that hotel businesses need to know about invoices: why they’re important, how and when they’re created, and how a hotel can better manage them. It offers transparency to guests and shows that your business is trustworthy. Hotel invoices and hotel receipts are slightly different documents.
With a centralized HMS, revenuemanagement tools can optimize pricing strategies, direct booking systems can reduce OTA dependency, and automated staffing solutions can ensure that operational costs remain under control. Access real-time reports on revenue, occupancy, and housekeeping. Profitability hinges on efficiency.
Social Connect: Enables AI-powered guest engagement across popular social platforms including Facebook, Instagram, Messenger, and WhatsApp Business. Managed through a single unified inbox, hotels can streamline communications, ensure a consistent brand voice, and gain insights into guest sentiment and trends.
Real-Time Reporting & Forecasting: Access performance metrics and demand forecasts up to 365 days out. Portfolio Management: Manage multiple properties and brands with centralized visibility and enterprise-level strategies. GameTime is already in use.
Conversely, businesses that consistently deliver seamless digital experiences are rewarded: 93% of users return to a service after a great experience. These issues are not just operational annoyances; they have measurable business impact. Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey.
With PARâs innovative solutions, weâre creating efficiencies that empower our team and enhance every guest interaction.â PARâs cloud-based platform and open API architecture ensure seamless integration across systems, creating a tech stack thatâs flexible, reliable, and ready to grow with the business.
Conversely, businesses that consistently deliver seamless digital experiences are rewarded: 93% of users return to a service after a great experience. These issues are not just operational annoyances; they have measurable business impact. Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey.
Hotel professionals can easily integrate podcast listening into their daily routines, whether during commutes, workouts, or breaks, ensuring they remain updated without disrupting their busy schedules. Topics include revenuemanagement, guest relations, and staff training techniques. Notable Episode: "Glenn Sampert" 7.
Powered by automation, advanced algorithms, artificial intelligence (AI), and both hotel booking and third-party data, this represents a major move beyond traditional revenuemanagement systems (RMS) thinking, putting revenue and profit at the heart of the hotel ecosystem. "We
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.
From boutique hotels to large resort chains, businesses are up against shifting market demands, changing guest expectations, and technological advancements. A consultant can create a tailored revenue strategy that optimizes pricing for maximum profit. The hospitality industry is fiercely competitive and constantly evolving.
Keeping the Human Touch in a Tech-Driven Workflow Its worth repeating: hospitality still is a human business. What will you do instead and how will that serve your business goals? For now, its a tool that amplifies your strategy. It means giving your team the flexibility and peace of mind to intervene only when it matters.
Its definition can be simplified to its purposes of centralising data from every connected distribution channel and system, including the hotels property management system and booking engine. By consolidating so much data, it can also be a very useful tool for hotel managers when thinking about revenuemanagement strategies.
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