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Success in hospitality is often determined by how well a property can plan for what’s to come, but how can hotels hope to navigate the uncertainty of today’s markets? The hospitality industry must stay aware of profit-increasing incentives and cost-cutting measures without negatively impacting service delivery and guest satisfaction.
No need to obsess over RevPAR or lose sleep over ADR – there are much more important metrics out there for revenuemanagers. Revenuemanagement is not a walk in the park. The latest guide by Mews, the industry-leading hospitality cloud, explores the new success metrics for revenuemanagers.
By Dr. Ravi Mehrotra The hospitality industry is undergoing profound transformation driven by rapid technological advancement, volatile market dynamics and heightened customer expectations. A major limitation in legacy hotel revenuemanagement practices has been the isolation of revenue teams from their marketing and sales counterparts.
Think revenuemanagement is just for the big hotel chains or that it’s all about jacking up prices? Believe me when I say, as the COO of a revenuemanagement consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet.
The hospitality industry is evolving faster than ever, driven by rising guest expectations and technological advancements. But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Identify upselling opportunities to boost revenue.
LONDON April 2025 IDeaS, a SAS company and the worlds leading provider of hospitalityrevenuemanagement software, today announced the launch of IDeaS Spotlight, a first of its kind demand intelligence solution that empowers marketers to generate the right demand at the right time.
The podcast space is booming, and hospitality is no exception. No matter what role or interest you have in hospitality, there’s a podcast for you. Read on to discover 36 of the top hospitality podcasts to listen to in 2025. All in the Industry is for those interested in the inner workings of the hospitality industry.
. — RoomRaccoon is gearing up to launch RaccoonRev Plus, an AI-powered revenue-management tool that will deliver RMS-level pricing intelligence natively within the RoomRaccoon platform. The result is a powerful, data-driven tool that helps independent hoteliers stay competitive and unlock greater RevPAR.
The hospitality industry is more data-driven than ever, yet marketing and revenue teams are still dancing to different tunes and that digital disconnect is costing real-life revenue. When marketing and revenue teams collaborate, the commercial impact can be significant. Marketing drives demand.
MINNEAPOLIS, MinnesotaIDeaS, a SAS company and provider of hospitalityrevenuemanagement software, announced the launch of IDeaS Spotlight, a first-of-its-kind demand intelligence solution that empowers marketers to generate the right demand at the right time.
Peak seasons present both lucrative opportunities and significant challenges in the hospitality industry. Periods of high demanddriven by holidays, festivals, or local eventscan strain resources, impact guest satisfaction, and complicate revenue and maintenance management. Also Read: Is Your Hotel Ready for the Peak Season?
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication. What Is Data Analytics in the Hospitality Industry?
Data analytics in the hospitality industry is already guiding hotels in making smarter, faster decisions. The hospitality industry is under increasing pressure to deliver measurable results—faster booking conversions, leaner operations, and better communication. What Is Data Analytics in the Hospitality Industry?
This article explores six categories of AI agents currently transforming the hospitality landscape, each representing a distinct operational use case already in deployment across innovative properties worldwide. In todays volatile market conditions, such agility is vital.
PARIS 2 April 2025 IDeaS , a SAS company and the worlds leading provider of hospitalityrevenuemanagement software and services, has announced a technology integration partnership with Medialog PMS, a hybrid next-generation personalizable property management solution that allows users to focus on a more streamlined guest experience.
Also, since it has a stronger focus on operating income, EBITDAR provides better insights into revenue trends and long-term performance. This is particularly important in an asset-heavy industry like hospitality, where seasonal demand and operating costs can vary widely. However, EBITDAR also has two limits to take into account: 1.
Picture a system that displays your hotel's current status and forecasts its future. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. Predictive Analytics Advanced hotel business intelligence software also has the ability to forecast future trends.
The travel and hospitality sector, in particular, has recalibrated its outlook for the year, with some global hotel brands lowering their RevPAR guidance as they navigate the current climate with a mix of caution and quiet confidence. According to Tourism Economics’ latest forecast, 2025 remains on track to achieve over 1.6
The Rise of AI in Hospitality The hospitality industry is built on one central promise: delivering exceptional guest experiences. AI agents are reshaping the hospitality industry, automating repetitive tasks, optimizing revenue strategies, and enabling more meaningful guest interactions.
Amadeus GDS is one of the hospitality industrys leading global distribution systems. With connections to 400+ airlines and 50+ rail, cruise and ferry operators, Amadeus is a gateway to new revenue opportunities. What is Amadeus GDS? What is Amadeus GDS used for?
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.
Extended stays are transforming the way that travellers and travel companies view the hospitality landscape. For operators managing furnished apartments, aparthotels, or extended-stay inventory, this shift represents a significant revenue opportunity. Are they big enough? Do you have separate living areas?
By blending speed, convenience, and hospitality, the brand is building a future-ready experience for guests across the country. By blending speed, convenience, and hospitality, the brand is building a future-ready experience for guests across the country.
Elavonâs CPI represents a significant leap forward in hospitality payments processing. By adopting CPI, hotels under Wyndhams 25 brands donât need to purchase or maintain expensive on-site hardware for their property management system.
There are also news features on Viceroy Hotels & Resorts and McKibbon Hospitality, in addition to an Industry Insider featuring Kostas Kalogeropolous, cofounder/CEO, TKo Hospitality, a tech story on a revenuemanagement solution, and an AI-powered tablet with a guest concierge.
1Huddles platform is already used across hospitality, retail, and even the U.S. 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. GameTime is already in use.
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. LAN service providers are enabled to provide more customized solutions to their hospitality clients. Agilysys Book with S.P.E.N.D.
The hospitality industry is undergoing a rapid transformation driven by emerging technologies. For hospitality professionals and leaders, understanding this shift is essential to staying competitive, efficient, and guest-focused. This transformation presents an opportunitybut also a challengefor hospitality employers and professionals.
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.
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.
âThis is a game changer for the hospitality industry,â said Ian Lerner, CEO of Anacove. âThis is a game changer for the hospitality industry,â said Ian Lerner, CEO of Anacove. LAN service providers are enabled to provide more customized solutions to their hospitality clients.
There, SONIFI will deliver managed Wi-Fi, linear TV and streaming content powered by an interactive platform that elevates the guest experience and unlocks incremental on-premises revenue opportunities. âFinding the free time to analyze each cost in a mountain of data is a real challenge.
Supercharges Direct Bookings and Guest Engagement with Generative AI Sabre Hospitality announced the latest advancements in SynXis Concierge.AI is managed and monitored from a unified inbox that provides powerful insights to boost conversions, increase website engagements , and streamline operations - saving time and cost.
The hospitality industry is no longer operating on traditional pen-and-paper methods. 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. Frustrating, right?
In hospitality, 41% of consumers say a great booking experience makes them more forgiving of bad reviews. Digital Experience Is Now a Direct Revenue Driver Hotel IT leaders should recognize that even minor tech issuesâa glitchy booking form, slow page loads, broken linksâcan cost bookings and loyalty.
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. Whether general or front desk managers, our staff use it with ease and confidence.
The hospitality industry is fiercely competitive and constantly evolving. Consultants and coaches offer specialized insights and strategies that can help hospitality businesses improve performance, reduce costs, increase guest satisfaction, and achieve sustainable growth. This is where industry consultants and coaches come into play.
Enseo welcomes this milestone with vigor, as it continues to offer customer-centric solutions for hospitality, delivering on its vision to create memorable experiences through exceptional and thoughtful solutions. Many of the technologies that Enseo created became the standard across hospitality.
Hotel IT leaders are uniquely positioned to educate senior management on the practical benefits and strategic implications of AI for the hospitality industry. By blending speed, convenience, and hospitality, the brand is building a future-ready experience for guests across the country.
In the fast-paced world of hospitality, staying informed about industry trends, innovations, and best practices is crucial for hotel professionals. The podcast also discusses the psychological aspects of hospitality design, making it a great resource for hoteliers and designers alike.
The enhanced version of the âSkywayâ application provides hospitality, multifamily and senior living property managers with an easier way to monitor and maintain their propertyâs technology from a single portal, driving operational efficiency and improved guest experience. Agilysys Book with S.P.E.N.D.
Back of the House chose VoicePlug for its ability to manage complex restaurant interactions, integrate seamlessly with systems, and enhance guest experiences while improving operations. This partnership reflects our shared vision of blending high-touch hospitality with intelligent automation."
Its not meant to replace the critical human side of hospitality, but it can, in fact, help create the space for it. Keeping the Human Touch in a Tech-Driven Workflow Its worth repeating: hospitality still is a human business. But what if your technology stack didnt just help you compete? What if it quietly, steadily made you better?
Strong leadership in hospitality directly influences both guest satisfaction and financial performance. Learn more How to be a successful hotel director To excel as a hotel director, a strong foundation of experience and education in the hospitality space is essential.
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