Catala Consulting
MAY 17, 2024
Revenue management is a crucial aspect of the hospitality industry, focusing on maximizing income through strategic pricing, inventory control, and demand forecasting. These frontline employees are instrumental in shaping the guest experience, impacting occupancy rates, and ultimately driving revenue.
STAAH
APRIL 23, 2024
As technology continues to evolve, so do the strategies and innovations within revenue management. Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1.
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Catala Consulting
JULY 30, 2023
In the fiercely competitive hospitality industry, the essence of successful resort revenue management lies in data-driven decision-making. This approach is pivotal in optimizing financial performance and driving both revenue growth and guest satisfaction. Why is Revenue Management Imperative for Resorts?
Hotel Business
MARCH 5, 2024
Travel sellers have access to enhanced data sharing and revenue management, while hotels benefit from enhanced customer experiences. Amadeus Value Hotels equips leisure travel sellers with a range of exclusive prepaid net rates and allows sellers to set their selling prices to optimize revenue.
Amadeus Hospitality
MARCH 5, 2024
Travel sellers enjoy enhanced data sharing and revenue management, while hotels benefit from enhanced customer experiences. Additionally, Amadeus Value Hotels equips leisure travel sellers with a range of exclusive prepaid net rates and allows sellers to set their selling prices to optimize revenue.
SiteMinder
OCTOBER 10, 2023
Discount pricing is a revenue management strategy where prices are lowered temporarily or for certain conditions to attract guests and boost occupancy rates. Increase revenue While it might seem counterintuitive, discount pricing can indeed boost revenue. What is discount pricing?
Hotel Operations
JULY 21, 2023
To learn more about what this looks like in action, I recently spoke with Billy Copelan , Director of Revenue Management at Sea Island Resort. Billy’s career with Sea Island Resort has spanned three decades and focused on revenue functions for the last 20 years. An example of this is something they call “Member Monday.” “In
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