Lodging

JUNE 24, 2024

DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types.

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Revenue Management Forecasting Revenue Services 263

Hotel Speak

JANUARY 28, 2025

But luckily, there is a solution: Single-solution platforms that consolidate all essential hotel management tools into one complete system. Gone are the days of dealing with multiple systems for reservations, revenue management, and guest engagement. Another channel manager for distribution.

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Management Hospitality Revenue Management Revenue 94

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

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Revenue Management Revenue Management Forecasting 105

SiteMinder

JULY 13, 2024

What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management?

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Revenue Management Revenue Management OTA 98

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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Revenue Management Revenue Ancillary Revenue Management 110

Demand Calendar

SEPTEMBER 30, 2024

In this blog post, we aim to highlight the evolving role of revenue managers in an industry increasingly influenced by AI and consider how best to integrate technological advancements with human skills to drive success.

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Revenue Management Revenue Management Forecasting 98

eZee Absolute

DECEMBER 7, 2023

Revenue management (RM) is supremely necessary for hotels. I kid you not, most of the hotels refrain from opting for any sort of revenue management services. The hotel revenue management myths that are swirling around are the real reasons hotels are so skeptical about it. Who is to blame for it?

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Revenue Management Revenue Management Overbooking 98

Xotels

MARCH 3, 2025

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools?

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Revenue Management Revenue Management Ancillary Revenue 40

SiteMinder

APRIL 25, 2024

With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. “The

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Revenue Management Revenue Management Hotels 111

Hotel Speak

APRIL 23, 2025

LONDON April 2025 IDeaS, a SAS company and the worlds leading provider of hospitality revenue management 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.

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Hotel Marketing Market Marketing Forecasting 96

Hotel Financial Coach Blog

SEPTEMBER 8, 2024

Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. To start out we need to define how we produce a rolling forecast and point out the best practices around its creation. Without the budget we can’t have a rolling forecast. That’s the part the rolling forecast plays.

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Forecasting Hospitality Revenue Closing 130

STAAH

OCTOBER 25, 2022

From irregular demand patterns to changing distribution mix and a depleted talent, here’s a roundup of challenges faced by revenue managers from India right now. The STAAH team went out to leading revenue managers from India to understand what are the biggest challenges they are facing. Forecasting and budgeting.

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Revenue Management Revenue Management Forecasting 97

STAAH

APRIL 2, 2024

Effective revenue management provides hoteliers with a clear roadmap for pricing and optimisation, while acting as a gauge to measure success. What is a Revenue Management Solution for Hotels? What is a Revenue Management Solution for Hotels? 2) Real-time data and accurate forecasting.

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Revenue Management Revenue Management Hotels 108

STAAH

NOVEMBER 8, 2022

Like many other areas in travel and hospitality, revenue management has dramatically changed in the last two years. We spoke to leading revenue managers on what they think lies ahead. Look beyond conventional methods of forecasting in light of demand and booking window volatility advises Shanta. Dynamic pricing.

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Revenue Management Revenue Management Forecasting 97

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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Revenue Management Revenue Management Ancillary Revenue 76

STAAH

APRIL 16, 2024

Hoteliers need to employ smart strategies to optimize revenue and profitability. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). Forecasting Accuracy: Accurate demand forecasting is crucial for anticipating future demand trends and adjusting pricing strategies accordingly.

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Revenue Management Revenue Management Forecasting 107

Hotel Speak

NOVEMBER 19, 2024

When it comes to revenue management, casino resorts require a different approach than traditional hotels. Implemented effectively, a solid casino-centric revenue management strategy can help casino managers market their casino to the right audience and price their products to boost bottom-line revenue.

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Casinos Revenue Management Revenue Management 79

SiteMinder

AUGUST 11, 2024

It’s hard to imagine revenue management before the advent of hotel software and systems. Thanks to these solutions, today’s revenue manager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.

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Revenue Management Revenue Management Forecasting 84

Demand Calendar

MARCH 13, 2023

Forecasts should be reasonably accurate, but they will never be entirely correct. Therefore, the revenue management system should take the first shot at forecasting. The second opinion is that the revenue manager will add the human touch based on extensive experience from the destination and the hotel.

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Forecasting Revenue Management Revenue Management 98

Demand Calendar

MARCH 11, 2025

Growing revenue from meetings and events requires essential collaboration between Marketing, Sales, and Revenue Management : Marketing : Targets and attracts the right audiences and event types. Revenue Management : Aligns pricing, forecasting, and availability to optimize delegate volume and spending.

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Revenue Revenue Management Upsell Forecasting 69

STAAH

MAY 27, 2025

Revenue is never accidental. In hospitality, every dollar earned reflects smart planning, sharp forecasting, and responsive pricing, all driven by the Hotel Revenue Manager. Why Is the Revenue Manager So Important? A Closer Look: A Day in the Life of a Revenue Manager Lets demystify the daily routine.

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Revenue Management Revenue Management OTA 72

Cloudbeds

NOVEMBER 15, 2024

This scalability is especially valuable for hotels – as more information is collected about guest behavior, booking trends , and occupancy patterns the more precise rate adjustments, inventory management, and marketing strategies will be in the future. Why it’s important for hotels? Why it’s important for hotels?

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Hotel Speak

MAY 23, 2025

In a sector where hotel marketing budgets often account for just two to three percent of overall revenue 1 , there is precious little margin for error. Yet many marketing campaigns are still created and launched without liaising with the very teams holding the clearest insights into booking pace, demand forecasts, and price sensitivity.

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Revenue Hotel Marketing Market Marketing 59

Hotel Speak

MAY 23, 2025

Award-winning hotel booking platform Profitroom has announced a new integration with market-leading revenue management 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.

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Revenue Revenue Management Forecasting Hotels 69

Hotel Business

MAY 8, 2025

Singlepane has launched asset management software built specifically for hotel owners, adding three new modules to its original business intelligence (BI) platform. The post Singlepane launches asset management solution for owners appeared first on hotelbusiness.com. ” Early clients are already seeing the impact.

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Management Real Estate Forecasting Revenue Management 52

Hotel Business

JUNE 28, 2024

That said, it’s clear that there are few items on your property’s wish list that provide the long-term value of an effective revenue management system. Finding and implementing the right revenue management system (RMS) provider will provide competitive advantages at a time when they are most necessary.

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Revenue Management Revenue Management Forecasting 59

Hotel Speak

APRIL 2, 2025

PARIS 2 April 2025 IDeaS , a SAS company and the worlds leading provider of hospitality revenue management 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.

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Revenue Management Revenue Forecasting Occupancy 66

Hotel Business

SEPTEMBER 15, 2023

Eister There are many myths about revenue management, but there are five we hear most often. Myth #1: Revenue management is only essential when business is booming. Revenue management is a fundamental part of business, especially in such a dynamic industry as hospitality. By Craig V.

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Revenue Management Revenue Management Forecasting 64

Demand Calendar

MAY 13, 2024

Revenue performance management encompasses various activities to optimize revenue through strategic pricing, inventory management, marketing, and sales practices. It involves analyzing performance metrics, forecasting future demand, and making informed decisions to enhance profitability.

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Revenue Management Forecasting Revenue Management 105

Hotel Management

MAY 2, 2023

APAC Revenue Management Summit 2023 – “Unstoppable” May 23 and 24 Are you looking to take your revenue management skills to new heights? Look no further than the APAC Revenue Management Summit , the must-attend conference for hospitality and tourism operators.

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Revenue Revenue Management General Manager Forecasting 130

Cloudbeds

DECEMBER 2, 2024

One of the main challenges for hotels is creating accurate forecasts in the short, medium, and long term. Understanding future demand trends, their causes, and the guest segments driving them can help hotel revenue managers adjust room rates to boost occupancy and sales. But traditional forecasting models no longer cut it.

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Forecasting Revenue Management Occupancy Revenue 75

Hotel News Resource

AUGUST 5, 2024

In this guide, weÕll revisit the basic fundamentals of revenue management and walk through a step-by-step process to effectively forecast hotel occupancy using real datasets.

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Forecasting Occupancy Revenue Management Revenue 75

Hotel Speak

MAY 14, 2025

Periods of high demanddriven by holidays, festivals, or local eventscan strain resources, impact guest satisfaction, and complicate revenue and maintenance management. Preparing Amenities for Increased Demand Leveraging Data Analytics for Peak Season Management 1. Also Read: Is Your Hotel Ready for the Peak Season?

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Management Forecasting Occupancy Services 51

Hotel Management

APRIL 18, 2023

Asia Pacific hotel management group StayWell Holdings has welcomed Heath Delfos to the group as Global Director of Revenue Optimisation. Delfos will be responsible for driving StayWell’s revenue management strategy, ensuring all revenue-generating departments are aligned and forecast with strategies to create sustainable growth.

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Revenue Revenue Management Forecasting Management 130

SiteMinder

MAY 1, 2025

What is a hotel revenue management system? A hotel revenue management system (RMS) is a technology platform that helps hotels make smarter pricing and inventory decisions. Table of contents Why is a revenue management system for hotels important? A revenue management system removes the guesswork.

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Revenue Management Revenue Management Forecasting 52

Catala Consulting

SEPTEMBER 26, 2024

The Revenue Management Playbook Online Course is now LIVE! The hospitality industry is evolving faster than ever, and with this evolution comes a heightened need for revenue management expertise. Revenue managers analyse past performance data, market trends, and guest behaviours to anticipate future demand.

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Revenue Management Revenue Management Forecasting 52

Catala Consulting

OCTOBER 7, 2024

One key strategy emerging as a game-changer is data-driven revenue management. This approach combines advanced algorithms with real-time data analysis to set optimal pricing, increase efficiency, and maximise revenue potential. Teams would spend hours calculating room rates, tracking competitors, and forecasting demand.

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