Remove Cancellation Remove Events Remove Revenue Management
article thumbnail

How decision intelligence unlocks hotel data for better insights

Cloudbeds

For example, Cloudbeds Intelligence analyzes billions of future-looking data points, including competitor rates, events, holidays, and search information, combined with a property’s own data to understand how every combination impacts profit. Why it’s important for hotels?

Upsell 105
article thumbnail

Encore Profits: How Hoteliers Can Cash In on Ed Sheeran’s India Tour with Smart Revenue Strategies

eZee Absolute

Some of your competitors made five times their usual revenue during the Coldplay concert simply by optimizing their pricing and room availability, while others failed to act and barely made a dent in their earnings. The question is, will you seize this opportunity, or will you watch another revenue surge pass you by?

Revenue 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Hotels Can Use Data Analytics To Anticipate And Manage Peak Season Demands

Hotel Speak

Understanding Peak Season Dynamics Peak seasons vary based on location, climate, and cultural events. By analyzing booking patterns, guest behavior, and local events, hotels can anticipate occupancy rates and adjust strategies accordingly. Revenue Management Systems (RMS) historical pricing data, demand curves, forecasted occupancy.

article thumbnail

What is hotel rate parity and why does it matter?

Little Hotelier

When OTA channels aren’t directly linked to a small hotel’s PMS system through a channel manager, rate parity becomes even more difficult to manage. Here are strategic approaches to maximize revenue while maintaining compliance: 1.

OTA 52
article thumbnail

RoomRaccoon Introduces RaccoonRev Plus: AI-Powered Pricing To Make Independent Hotels More Profitable

Hospitality Tech

RaccoonRev Plus is engineered to bridge the gap between basic rule-based pricing and the full complexity of traditional Revenue Management Systems (RMS). Looking beyond revenue, van Dyl sees this as the first step in RoomRaccoons broader AI journey. “Revenue management is just the beginning.

article thumbnail

Booking.yeehaw! riding the Booking.com ranking reshuffle rodeo

eHotelier

Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Global News Suppliers Properties People Events Education Subscribe Log In Suppliers Booking.yeehaw! Do stricter cancellation policies impact revenue? Amy summed it up: “Your reviews are your story. It depends.

article thumbnail

In times of uncertainty, hotels have a reason to lean in

SiteMinder

Geopolitical and economic events will no doubt continue to impact the hotel booking landscape, but the rise of the experience economy makes one thing clear: consumer demand for travel isn’t gone, it’s just changing. Herein lies the case for revenue managers to work more closely with hotel operations. Is it a better view?”

Revenue 59