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Designing a new era of intelligent revenue management

Hotel Business

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. Amid the challenges, innovation remains a central theme.

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The 15 Biggest Revenue Management Myths & Misconceptions

Xotels

Think revenue management 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 revenue management consulting firm, that at least one of the below misconceptions is draining your hotel’s profits faster than a leaky faucet.

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Hotel terminology: A complete guide for hotel owners

SiteMinder

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. CRM system (Customer relationship management) Software that stores guest profiles, tracks interactions and supports tailored marketing.

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Hotel Budget Plan: Are you Ready for 2026? (Template & Example)

Xotels

Read through our step-by-step guide explaining how to get ready for 2026 with our revenue management consulting best hotel budgeting practices. Typically, the hotel budget season starts towards the end of August with presentations to management starting the following month. Expense budgeting approach: Last Year with X% Increase 2.

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How AI Can Help Hotels Leapfrog the Tech Gap

Hospitality Tech

Revenue: Forecast, price, and adjust in real time with less manual input. For over a decade, revenue management systems, such as IDeaS and Duetto, have applied Machine Learning, a form of AI, to analyze booking patterns, competitor pricing, and demand curves to recommend real-time rate adjustments.

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

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? Thats where outsourcing comes in.

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What is Yield Management: Guide for Hotels

SiteMinder

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. A similar principle can apply to distribution.