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ATLANTA, Georgia & LISBON, Portugal—Revenue Analytics announced its acquisition of Climber, a Portugal-based Revenue Management Software (RMS) company serving boutique, independent, and regional chains across Europe, the Americas, and Brazil.
Live events drive more bookings and boost hotel profits, but to foster long-term loyalty, hotels must prioritise creating unforgettable guest experiences. Live events – whether a concert, sports tournament, or major cultural festival – are game-changers for the hospitality industry and local economies.
The Asian Hotel Industry Conference & Exhibition (AHICE) is expanding its conference program with the introduction of two new events to the market. Recognised throughout Asia Pacific and beyond as The Hotel Event Where Deals Get Done, AHICE is highly regarded as the largest and most influential hotel conference series across Asia Pacific.
AI is especially prevalent in revenue management, as automation continues to be at the forefront of hotel operations. Revenue Analytics recently launched the N2Pricing Commercial Suite, which expanded its revenue management system and updated how hoteliers extract insights from data.
Accommodation Australia has released its mid-year hotel room report card for 2025, showing improved occupancy across the board but drops in average daily revenue for major cities. increase in average daily room revenue for the six months.” Hobart also experienced a healthy 3.8%
First, they say events are vital for Aucklands economy. Second, they tell you that events they might not come to Auckland in future without funding. Since events drive verifiable economic benefits for host cities, making a contribution towards running costs called subvention funding is a legitimate use of ratepayer funds.
The Core Challenge: “Overwhelmed, Underbooked, and Underdifferentiated” Independent, boutique, and luxury hotels are sitting on a goldmine of event potentialyet often struggle to activate it.
Sydney hotels pulled in record high average daily rate and revenue per available room on the night, according to December preliminary data from CoStar. This is gained through the majority of individual days holding higher occupancy and not attributed to an event outlier, CoStar said. CoStar reports occupancy levels of 78.8%
SAN FRANCISCO, CaliforniaDuetto and Event Temple announced a partnership combining Duettos OpenSpace solution and Event Temple’s venue management software.
UNITED STATES, [JULY 22], 2025 — ampliphi, a groundbreaking AI-powered revenue management platform , announced its official launch to transform how independent hotels approach pricing strategy and revenue optimization. ampliphi is an AI-powered hotel revenue management software created specifically for the hospitality industry.
Maximize versatility and functionality Versatility turns a standard pool deck into a multifunctional venue-ready space and a major revenue generator. That same space becomes prime real estate for weddings, corporate events or intimate gatherings. The smartest pool decks do double duty. But when the sun sets?
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 revenue management, one rooted in scientific rigor, data integration and interdisciplinary collaboration.
Everything we do must connect to them ‘ ethos and how this approach has not only revolutionised the guest experience but has also become the driving force behind a more holistic and resilient revenue generation strategy, one that prioritises Revenue Per Available Guest (RevPAG) and cultivates meaningful, long-lasting guest relationships.
Hotel revenue management isn’t just about pricing rooms. Yet, time and again, we find that hotels, especially independent and boutique properties, are making avoidable hotel revenue management mistakes that silently bleed revenue. This is one of the most damaging hotel revenue management mistakes in today’s dynamic market.
The tour, which recently made history as the highest-grossing rock tour of all time, is the first rock tour to surpass US$1 billion in revenue, and second only to Taylor Swift’s The Eras Tour. This highlights the vital role major events play in driving tourism and stimulating economic activity. days in 2023 to 1.69
This standardized language streamlines daily operations, from front desk check-ins to revenue management, ensuring clear communication across all hotel departments and with industry partners. When everyone shares the same definitions of ADR, RevPAR, and parity, you cut out confusion that can stall revenue meetings or inflate costs.
Upsell & Promo Tools : Drive more revenue per booking with add-ons, promo codes, and package deals. It’s not just a booking engine; it’s a direct revenue driver. c) Flash Sales to Create Urgency Use short-term, high-value deals to create FOMO and boost conversions during low seasons or upcoming events.
Melbourne hotels are enjoying an autumn renaissance with 41% growth in bookings, driven by events such as the Melbourne International Comedy Festival and a series of high-profile AFL games, making the Victorian capital a must-visit destination over the Easter holiday period.
According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% In Auckland there is an increased supply of hotel rooms that has impacted the numbers, while the city would benefit from a greater number of major events, Anderson said.
The APAC Revenue Management Summit returned to Melbourne this week under the fitting theme: Simply the Best. The panel explored broader market trends, owner expectations, and revenue management best practices. The post APAC Revenue Management Summit delivers big ideas and a bold call to action appeared first on Hotel Management.
According to recent Accenture research, 84% of travel executives say AI is the key to achieving their growth targets demonstrating that AI-driven channel strategies are no longer optional; they’re absolutely mission-critical for driving hotel revenue.
Increase Direct Bookings Get Your Free Hotel Marketing Audit Maximize direct bookings, grow your revenue, and boost your online presence — with a free custom audit. Tell stories about neighborhood events, local artists, and partnerships. The post Storytelling for Hotels – Turn Brand Stories into Revenue appeared first on Mediaboom.
National occupancy rates sit at 71%, up 2% year-on-year, while average daily rate (ADR) remains stable at AU$240 and revenue per available room (RevPAR) is up 3.8% With major events, premium hotel openings, and infrastructure projects in the pipeline, the outlook for the Australian Hotel sector remains positive.
Perth posted its highest June average daily rate (ADR) and revenue per available room (RevPAR) on record, driven by sporting events and concerts, according to preliminary data from CoStar. Hotel occupancy was its highest for the month of June since 2015 at 77.7% for the month, up 8.6%
Theyre costing you leads, time, and revenue. Author Bio: Gabbi Rubino is a client success manager at Snowmad Digital , where she helps wedding venues and event professionals. Not so great when youre trying to convert a wedding inquiry or track room bookings. And the truth is, these workarounds arent just inconvenient.
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex In the revamped version of the WPM — the June edition is more than a diagnosis — it’s a strategic tool for revenue and distribution teams to focus efforts on Disruptive players, where action is urgent.
From revenue meetings to guest service chats, these short forms keep communication fast and efficient. A ADR – Average Daily Rate : The average revenue earned per occupied room in a given period. BEO – Banquet Event Order : A document outlining the details of an event for the operations team. corporate travel).
Managing a hotel’s finances requires understanding both revenue streams and operating expenses. While boosting revenue often takes focus, controlling costs is equally crucial for profitability. Industry studies put utilities at roughly 7%of annual revenue. in 2024 alone , outpacing many other expense categories.
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Konstantinos Mitsios, revenue director at Ella Resorts said: “Implementing IDeaS G3 RMS has been an important step in supporting our growth.
At its core, sportspitality revolves around creating tailored experiences for guests traveling for sporting events, whether as athletes, fans or families. Sportspitality isn’t just a trend—it’s becoming a long-term strategy for driving guest satisfaction and revenue. It is estimated that the global sports tourism market was $1.1
Instead of treating each guest interaction as a separate, isolated event, AI systems analyze behavior across channels to interpret the bigger picture. Understanding the complete journey While centralization is the first step, contextualization is where AI really shines.
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Each of these gaps or goals are generally sales or revenue problems that hotel marketers need to plan to help solve. Otherwise, we are left trying to stretch dollars across various tactics too thin.
Read through our step-by-step guide explaining how to get ready for 2026 with our revenue management consulting best hotel budgeting practices. A hotel budget is a plan that explains how revenue will be generated and spent each month for the upcoming year to reach the goals and objectives. Zero-based budgeting 3.
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex This integration is another example of how Duetto continues to connect data silos that exist between systems in the hospitality industry.
Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. Pulgliano will also be tasked with transforming the dining experience for conference and event guests at the Western Sydney Convention Centre (WSCC).
According to the announcement, this automation helps accelerate cash flow and frees up hotel staff from manual processes, allowing them to focus on guest experience and revenue-generating activities. Smith, Handy will oversee the companys integrated commercial strategy, which includes sales, revenue management, marketing, and e-commerce.
Announced by Tourism and Hospitality Minister Louise Upston on Tuesday, the plan to drive international visitor numbers and improve tourism infrastructure includes investing more than NZ$19 million in international marketing across core and emerging tourism markets and NZ$8 million on attracting business and major events to New Zealand.
Marion Guillermet has been named Director of Revenue, bringing a wealth of revenue strategy expertise, most recently from overseeing four hotels as Portfolio Revenue Manager at IHG Hotels and Resorts. We’re excited to have Larelle back on board at Novotel Geelong,” said Novotel Geelong General Manager, Scott Bear.
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex Global News Suppliers Properties People Events Education Subscribe Log In Suppliers SynXis Concierge.AI supercharges direct bookings and guest engagement with generative AI Posted on 2 hours ago Home Suppliers SynXis Concierge.AI
Suppliers Research Podcast Careers Events All Insights Podcasts eLearning Tech.Ex By combining time sensitivity with a clear value incentive, Baltivia Sea Resort effectively nudges guests to complete their booking on the spot, driving conversions and maximizing direct revenue during the peak travel season.
The recent surge in cruise demand presents substantial opportunities for growth, yet cruise lines face significant challenges, including intensifying competition, labor shortages, inflated costs and delayed adoption of revenue technologies. The full eBook can be accessed here. For more information, visit www.ideas.com.
The recent surge in cruise demand presents substantial opportunities for growth, yet cruise lines face significant challenges, including intensifying competition, labor shortages, inflated costs and delayed adoption of revenue technologies. The full eBook can be accessed here. For more information, visit www.ideas.com.
However, the perception is that it ultimately penalizes hotels and B&Bs that earn less revenue when the majority of their bookings come from larger distribution agents charging hefty commission rates. Rate parity pros It can boost your overall revenue by ensuring access to major OTA platforms. In small hotels, every dollar counts.
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